Roberto Hoornweg, global head, financial markets, and Sunil Kaushal, regional CEO, Africa & Middle East, are to become co-heads of Corporate & Investment Banking (CIB), as Simon Cooper, SC’s head of ...
StanChart CEO Contender Cooper to Leave in Broad Overhaul
A frontrunner to replace Standard Chartered Plc Chief Executive Officer Bill Winters is set to depart as the emerging markets lender pushes through a broader management reshuffle to boost returns.
Former finance head in Singapore unlawfully fired due to pregnancy
A former head of finance of an accounting service provider has won over $122,000 after a district court in Singapore found that she was unlawfully terminated for being pregnant. Navinea Kanapathy ...
Singapore startup SiliconBox to open packaging fab in Northern Italy
Shared cultural values sealed the deal and we're struggling to figure out what they are Singapore-based semiconductor packaging company Silicon Box announced on Monday it will invest $3.6 billion to ...
StanChart investment banking head leaves in overhaul
His role will be taken over jointly by trading boss Roberto Hoornweg in Dubai and Singapore-based Sunil Kaushal, head of Africa and the Middle East. To cut costs and complexity at the investment bank ...
StanChart CEO contender Cooper set to leave in broad overhaul
A FRONT runner to replace Standard Chartered (StanChart) chief executive officer Bill Winters is set to depart as the emerging markets lender pushes through a broader management reshuffle to boost ...
Singapore stocks edge higher ahead of US inflation data
SINGAPORE - Singapore stocks closed slightly higher on March ... Other top gainers for the day included Thai Beverage, which rose 2 per cent, and CapitaLand Investment, up 1.5 per cent. Yangzijiang ...
Singapore CPF interest rate of 4.05% for Special, MediSave, Retirement accounts from 1 April to 30 June 2024
SINGAPORE—The Central Provident Fund (CPF) interest rate for the Special, MediSave, and Retirement Account (SMRA) will be 4.05 per cent per annum from 1 April to 30 June 2024, the CPF Board said in a ...
Power bank fire in Balestier apartment forces 100 residents out of building at 5am
Around 100 residents were evacuated from their serviced apartments on Tuesday (March 12) morning after a power bank caught fire.The fire occurred at one of the units in Citadines Balestier Singapore ...
Singapore Exchange to Launch Short-Term Interest Rate Derivatives
Singapore Exchange plans to launch short-term interest rate derivatives to cater to a market increasingly seeking to hedge in an uncertain rate environment. The exchange will introduce short-term rate ...
Proposed law aims to keep digital backbone running in Singapore
Singapore's proposed Digital Infrastructure Act (DIA) will set up legal mandates for the digital ecosystem, given its importance today.
What are women in Singapore spending on?
That said, women in Singapore are also saving up more for rainy days. More than 70% of women in Singapore expressed concern over rising inflation, while more than 60% are worried about their long-term ...
Singapore’s central bank warns AI isn’t ready to handle monetary policy
LLMs show promise, but are 'not yet capable of providing credible explanations for their own predictions' A senior policymaker at Singapore's central bank, the Monetary Authority, has suggested that ...
PhillipCapital stays ‘overweight’ on Singapore’s banks; DBS the ‘best performer’ with 7.2% dividend yield
Bank dividend yields are “attractive”, with upside surprises due to excess capital ratios and a push towards higher ROEs.
Reddit launches long-awaited IPO with US$748 million target
Meanwhile, IPOs in the US tumbled, reaching only US$26 billion last year, the data show. In January, Bloomberg News reported that Reddit was weighing feedback from early meetings with potential IPO ...
Embrace upskilling to keep Singapore’s workforce competitive
Tan: The Singapore Labour Force Report 2023 does suggest that of the long-term unemployed, a large proportion – 70 to 80 per cent – are workers above 40.