SINGAPORE - Frasers Hospitality Trust (FHT) recorded a 13.7 per cent fall in distribution per stapled security (DPS) to 1.091 cents for its first half year ended March 31, from 1.2649 cents in the ...
Cambodian, Chinese deported from Singapore in historic money laundering
Two Cambodian and Chinese nationals were deported from Singapore after being convicted of laundering over S$3 billion (US$2.2 billion) in Singapore's largest-ever money laundering case.
Amazon to invest $9 billion in Singapore
Amazon said Tuesday it would invest U.S.$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city. The announcement comes after fellow tech titan ...
OCBC-GE: We aim to continue to drive synergy and collaboration
The close collaboration between OCBC and GEH has consistently positioned us among the top two in bancassurance sales in Singapore over the years. GEH has the biggest agency force in Singapore and ...
Singapore has to be realistic on global trends plaguing its stock market: DPM Wong
SINGAPORE needs to be realistic about the global trends affecting the city-state’s equities market, and the actions that can be taken to change them, said Deputy Prime Minister Lawrence Wong on ...
DBS CEO Piyush Gupta sells bank shares worth S$2.7M
SINGAPORE: DBS CEO Piyush Gupta sold bank shares worth S$2.7 million. According to a filing with the Singapore Exchange on May 7, Mr Gupta recently sold 75,000 bank shares, gaining him S$2.7 million.
UOB awards Wong Kan Seng over S$400,000 in shares
UOB has awarded its chairman, Wong Kan Seng, over S$400,000 in shares, the bank said in a bourse filing on Wednesday (May 8). Read more at The Business Times.
UBS Jumps as Swiss Lender Returns to Profit
Key Takeaways UBS Group returned to a profit after two quarters of losses as it cut costs and moved forward with its integration of Credit Suisse.The Swiss bank purchased struggling rival Credit Suisse in a government-backed bailout in March 2023.
Exploring Top Dividend Stocks In Singapore May 2024
As of May 2024, the Singapore market continues to attract attention with its robust economic indicators and stable financial environment, fostering confidence among investors. Amidst this backdrop, ...
MAS follows up on DBS to identify reasons for disruptions and address them effectively
SINGAPORE: The Monetary Authority of Singapore (MAS) is following up on DBS to identify reasons... The post MAS follows up on DBS to identify reasons for disruptions and address them effectively appea ...
Shell Agrees to Sell Singapore Assets to Glencore-Indonesian JV
(Bloomberg) -- Shell Plc has agreed to sell its Singapore refining and chemicals assets to a joint venture between commodity trader Glencore Plc and Indonesian company PT Chandra Asri Pacific. Most ...
Cambodian nationals deported from Singapore following record money laundering convictions
Two men, Su Wenqiang and Wang Baosen, both of whom hold Cambodian passports and were convicted in Singapore's largest-ever money laundering case, were deported to Cambodia on May 6, according to the ...
UOB Profit Dips, Maintains Optimistic Outlook for 2024: 5 Highlights from the Bank’s Latest Earnings
UOB is the second Singapore bank to report its earnings. The post UOB Profit Dips, Maintains Optimistic Outlook for 2024: 5 Highlights from the Bank’s Latest Earnings appeared first on The Smart ...
UOB’s Profit Beat Outshone By Growth Outlook at Rival DBS
United Overseas Bank Ltd. first-quarter profit came in above estimates even as its outlook was overshadowed by stronger projections at larger rival DBS Group Holdings Ltd.Most Read from BloombergTrump ...
Amazon to Invest $9 Billion in Singapore Cloud Infrastructure
The tech giant will spend $9 billion to expand its cloud services in Singapore, coming as global tech companies are boosting their data-center footprints in Asia amid a boom in demand for ...
MAS Ensures DBS Addresses Root Causes of Recent Online Banking Disruptions
MAS has intensified its oversight of DBS Bank following repeated disruptions to its online banking and payment services.