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Tag: banking

Posted on 01/06/2024

Singapore and HK police join forces to produce ‘Honey Money’ anti-scam video

The Singapore Police Force (SPF) and Hong Kong Police Force have collaborated on an advisory video about online scams and how to avoid falling victim.

Posted on 01/06/2024

DBS mobile app customers face intermittent access on Saturday

DBS and POSB customers were met with difficulties accessing the bank’s mobile apps on Saturday (Jun 1). Read more at The Business Times.

Posted on 01/06/2024

Chinese national, suspected of helping to create & operate ‘world’s largest botnet’, arrested in S’pore

Wang, a People’s Republic of China national and a St. Kitts and Nevis citizen-by-investment, allegedly created and disseminated malware by "bundling" it with other program files, including "pirated ...

Posted on 01/06/2024

Nine companies designated as critical entities under new law managing threats from significant investments

The new law scrutinises all significant investments into entities that are critical to Singapore’s national security interests.

Posted on 01/06/2024

Top Stock Market Highlights of the Week: Mapletree Pan Asia Commercial Trust, Seatrium and Quantum Technology cum Data Centres

Welcome to this week’s edition of top stock market highlights. Mapletree Pan Asia Commercial ... is projected to increase by 1.5% from S$0.0891 to S$0.0904. After the divestment, Singapore will still ...

Posted on 01/06/2024

Stock market today: Stocks cap another winning month, S&P 500 logs best May since 2020

Shareholders in Nvidia (NVDA), the AI darling, took an exhale after the company's stock price rose above $1,100. Shares fell more than 0.8% Friday as investors took profits on the chip producer as ...

Posted on 01/06/2024

Singapore to allocate up to 35% more power for data centre expansion

SINGAPORE: Singapore is aiming to allocate up to 35% more power for data centres, according... The post Singapore to allocate up to 35% more power for data centre expansion appeared first on The Indep ...

Posted on 01/06/2024

Man behind global malware network objects to extradition to US after arrest in Singapore

Dozens of his assets and properties may be seized, the DOJ said. They include a Singapore-registered 2022 Ferrari F8 Spider, bank accounts with CIMB Bank, Citibank Singapore and banks in Thailand, a ...

Posted on 01/06/2024

Marketnode completes Series A funding led by HSBC and Temasek

The digital market infrastructure operator Marketnode has completed its Series A investment round led by HSBC and existing shareholder Temasek. Marketnode said it will use the funding to scale its ...

Posted on 01/06/2024

Building a lasting legacy: Why securing your family’s financial future should start sooner rather than later

LEGACY planning is not just for the older generation. Young people are actively engaging in protecting their wealth and this shift is driven by several factors: a growing awareness of legacy planning ...

Posted on 31/05/2024

S’pore names Shell, ExxonMobil among 9 entities critical to national security under new investment law

The list of entities designated under the newly legislated Significant Investments Review Act (Sira) 2024 include the Singapore-based subsidiaries of global oil giants ExxonMobil and Shell. The ...

Posted on 31/05/2024

ExxonMobil, Shell, ST Engineering units among 9 entities designated under Singapore’s Significant Investments Review Act

EXXONMOBIL Asia Pacific, Shell Singapore and four ST Engineering units are among nine corporate entities that have been designated as “critical entities” and thus face ownership and control ...

Posted on 31/05/2024

DBS denies claims that it is an Ether whale with $650M ETH

SINGAPORE: Singapore’s largest bank, DBS, is an Ether (ETH) whale with $650 million ETH, according... The post DBS denies claims that it is an Ether whale with $650M ETH appeared first on The Independ ...

Posted on 31/05/2024

Singapore tops Southeast Asia in private capital investment with $3.7B

Singapore led Southeast Asia in private capital investment last year, with US$3.7 billion secured, comprising 41.1% of the region’s private equity deal value in 2023, a new report has found.

Posted on 31/05/2024

Mexican-themed fast food chain Guzman y Gomez will seek an IPO

One of the most highly anticipated and hotly speculated sharemarket floats in years will finally happen after Mexican-themed fast-food chain Guzman y Gomez pushed the button on a $2.2bn IPO to help ...

Posted on 31/05/2024

Man behind global malware network objects to extradition to US after arrest in S’pore

The Singapore Police Force had earlier indicated that Washington has made an extradition request for Wang after his arrest. The US has an extradition treaty with Singapore. His lawyer Ng Yuan Siang, ...

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