Las Vegas Sands (LVS – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst yesterday. Analyst Steven ...
Billion-dollar money laundering case: Accused with Singapore properties worth S$115m may face forgery charges
There is evidence that Su Jianfeng knowingly submitted forged documents to banks as supporting documents of the source of the money received in Singapore bank accounts, says an investigation officer.
UOB swaps Yangzijiang Shipbuilding for Marco Polo in Alpha Picks portfolio
Singapore’s UOB Kay Hian has added offshore player Marco Polo Marine to its Alpha Picks portfolio on the back of improved sentiment in the oil and gas market. At the same time, China’s largest ...
UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal
More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.
Standard Chartered SG derisking pays off as asset quality improves: analyst
Though its lending profile is less diverse than local banks, capitalization remains strong. Standard Chartered Bank (Singapore) has improved its asset quality over the past few years, and it is now ...
Singapore insurtech bolttech weighs US IPO
"Singapore insurtech bolttech weighs US IPO" was originally created and published by Life Insurance International, a GlobalData owned brand.
UOB swaps Marco Polo for Yangzijiang in Alpha Picks portfolio
Singapore's UOB Kay Hian has added offshore player Marco Polo Marine to its Alpha Picks portfolio on the back of improved sentiment in the oil and gas market. At the same time, China’s largest ...
4 key investment themes for 4Q23 unveiled
Experts are cautious about their near-term outlook for Singapore equities. Investors must construct a defensive portfolio for 4Q32 as the near-term outlook for Singapore's equities remains “cautious” ...
REFILE-MOVES-Singapore’s bank OCBC makes key leadership changes in Greater China
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Tuesday said that Wang Ke, currently CEO of OCBC Wing Hang China, will assume the role of Head of Greater China effective ...
OCBC appoints CEO of Wing Hang China as new head of Greater China
He will succeed Mr Tan Wing Ming, who will return to Singapore to be an adviser to the group CEO. Read more at straitstimes.com.
OCBC SME Index: Which sectors are the best and worst performers of 3Q23?
Overall, SMEs' performance and health remained in a state of contraction with a 49.6 reading. The performance and health of small and medium enterprises (SMEs) in Singapore continued to deteriorate in ...
OCBC announces key leadership changes for Greater China business
Wang Ke, who is currently the CEO of OCBC Wing Hang China, will become the bank’s head of Greater China. He succeeds Tan Wing Ming to the role. Tan will return to Singapore as an adviser to the group ...
Singapore to inspect Credit Suisse, UOB, RHB in US$2bil scandal
The MAS did a similar inspection on Credit Suisse in 2017 for its role in the 1MDB saga, Malaysia’s biggest corruption case, and consequently the bank was fined S$700,000. The amount was the smallest ...
Singapore to inspect Credit Suisse, others in money-laundering scandal – Bloomberg News
The Monetary Authority of Singapore (MAS) plans to conduct an on-site inspection of a local unit of Credit Suisse to determine whether it properly handled the monitoring of wealthy clients after at ...
Singapore shares fall on Wednesday; STI down 1.1%
SINGAPORE shares finished Wednesday (Oct 18) lower, reversing gains from the day before. Read more at The Business Times.
Hong Kong’s MPF retirement scheme ranks second best in Asia behind Singapore’s amid investment losses: Mercer
Singapore's scheme received a 79.8 this year. "The drop in points reflects the tougher environment the market is operating in such as higher interest rates, and drops in investment markets, which can ...