THE last of the 10 foreign nationals embroiled in Singapore’s largest money laundering case has indicated that he intends to plead guilty on Jun 6, court records on Friday (May 24) show. Read more at ...
Singapore braces for sleepless nights as US cuts trade settlement to T+1
On May 28, the US will shift to T+1 where securities trades are settled within one business day after execution. Read more at straitstimes.com.
SG’s finance and insurance industry expands 6.5% in Q1’24
Insurance was one of the economy’s growth drivers in the quarter, In the first quarter of 2024 (Q1’24), the Singapore economy grew by 2.7% year-on-year (YoY). Key sectors driving gross domestic ...
UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1
UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%. UOB Global Economics and Markets Research and RHB kept their 2024 growth forecasts for Singapore unchanged as interest rates ...
Monetary Authority of Singapore (MAS) and People’s Bank of China to Advance Cooperation in Green Finance
The Monetary Authority of Singapore (MAS) and People’s Bank of China discussed initiatives to advance cooperation in green and transition finance.
Analysis-US stock changes push FX trades into Asia’s ‘twilight zone’
A shortening of U.S. stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets ...
Singapore stocks end higher as traders shrug off inflation worries; STI up 0.4%
LOCAL traders on Thursday (May 23) threw caution, pertaining specifically to persistent inflation concerns raised in the Federal Reserve’s May meeting minutes, to the wind, capitalising on ...
Next to no premium needed for covered bond debuts
Standard Chartered Singapore and Bank of Queensland proved that debut names and formats can be priced just as easily as established names in the covered bond market this week, with the pair attracting ...
15 months’ jail for seventh man who pleaded guilty in billion-dollar money laundering case
Chen Qingyuan's 15-month jail term is the longest among those dealt with so far and is on par with Zhang Ruijin.
Singapore Insurer Taps EY to Opine on OCBC’s $1 Billion Offer
Great Eastern Holdings Ltd. appointed EY as independent financial adviser for the S$1.4 billion ($1 billion) offer from Oversea-Chinese Banking Corp. to buy the remaining stake the lender does not ...
Singapore shares remained mostly flat on Thursday—STI dip 0.02%
SINGAPORE: Singapore shares remained mostly flat on Thursday morning, following a quiet trading session after... The post Singapore shares remained mostly flat on Thursday—STI dip 0.02% appeared first ...
3 Recent IPOs That Can Double in 3 Months
InvestorPlace - Stock Market News, Stock Advice & Trading Tips For investors as well as traders, it’s important to keep a close eye on ...
Infrastructure firm I Squared to invest $5 bln in Asia over next three years, executive says
Global infrastructure investor I Squared Capital is looking to invest $5 billion in the Asia Pacific from 2025 to 2027 as it seeks to tap into fast-growing sectors, including renewable energy, in the ...
The Ultimate Guide to the Best Priority Banking Accounts in Singapore
Whenever you go to your local bank in Singapore, you may notice words such as “Premier” or “Treasures” attached to the end of the bank. They’re not there just to look pretty. No, they indicate a ...
$3b money laundering case: 7th man jailed 15 months, forfeiting over $20m of assets to state
He was convicted of two money laundering charges and one forgery-related charge. Read more at straitstimes.com.
How to Cancel Credit Cards in Singapore Quickly and Stress-free
But some credit card issuers can be annoying in that they pull the best benefits once you’re in their ecosystem. If your credit card doesn’t serve you well, it’s time to get rid of it before you’re ...