HSBC announced on Wednesday (Mar 27) the launch of a US$1 billion Asean growth fund for businesses looking to expand regionally, ...
HSBC reimburses $10K to woman after she reports unauthorised limit change and fund transfer
She made at least six follow-up calls to the bank and claimed that HSBC admitted to its error in handling her call ...
E-Commerce Giant Alibaba Halts Logistics Unit IPO As Valuation Slides
Alibaba Group is further retreating from a corporate overhaul announced a year ago by calling off an initial public offering for logistics unit Cainiao.
SBI, BOB, HDFC, ICICI Bank shares: Investors in Singapore, Hong Kong find PSB stocks interesting, say this on private lenders
Institutional investors, Nomura India said, largely believe that the worst may be behind for HDFC Bank share price. Most investors are also comfortable with a potential low-teens loan growth outlook o ...
Yen stabilises after finance minister comments, dollar dips
The yen found some stability on Tuesday, just shy of its weakest level in 34 years, as verbal intervention by Japanese officials continued, while the dollar was on the back foot. The euro was last up ...
HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia
HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London ...
Singapore’s money laundering accused slapped with 6 new fraud, forgery charges
The other five charges ranged from allegedly possessing S$2.4 million in criminal benefits generated from unlicensed moneylending operations in China, to submitting a forged bank statement to Citibank ...
S$3bil money laundering accused gets 6 new charges for submitting forged statements to Swiss bank
SINGAPORE: Vang Shuiming, one of the 10 accused in Singapore’s largest money laundering case, was handed six more charges on Wednesday (March 27).
$3b money laundering accused gets 6 new charges for submitting forged statements to Swiss bank
Vang now has 22 charges in total, the most number of charges faced among the 10 accused. Read more at straitstimes.com.
UOB names new global markets head and Hong Kong chief
Adaline Zheng, who was head of wholesale banking and alternate chief executive officer (CEO) at UOB China, took over as CEO of UOB’s Hong Kong branch on March 25.
3 Singapore Stocks with Share Prices at 52-Week Highs: Can Their Run Continue?
We feature three stocks hitting new 52-week highs to see if they can sustain their momentum. The post 3 Singapore Stocks with Share Prices at 52-Week Highs: Can Their Run Continue? appeared first on ...
Ant Group Announces Additional Investment in Singapore based ANEXT Bank
Alibaba’s Ant Group has committed another SGD 200 million investment into ANEXT Bank, its wholly-owned subsidiary and SME digital bank.
Alibaba Scraps Spinoff Plan as Hong Kong IPO Woes Worsen
The Chinese internet company has abandoned plans to spin off its logistics arm Cainiao, dealing a blow to Hong Kong’s beleaguered initial public offering market.
Zoth Expands Its On-Chain Trade Finance Facility in Singapore Through the XDC Network
SINGAPORE, SINGAPORE / ACCESSWIRE / March 26, 2024 / Zoth , a real-world assets (RWA) protocol that bridges traditional finance with on-chain finance has successfully scaled its on-chain trade finance ...
Singapore appoints former central bank chief Ravi Menon as Ambassador for Climate Action
Read more about Singapore appoints former central bank chief Ravi Menon as Ambassador for Climate Action on Devdiscourse ...
OCBC aims to quadruple number of cross-border QR payments in 2024
OCBC announced on Tuesday (Mar 26) that it expects to facilitate 250,000 cross-border QR payments this year, four times the number ...