UOB is seeking to get S$92mil from Indonesian developer Lippo Marina Collection (LMC) over losses incurred from disbursing approximately S$182mil in inflated home loans.
IPO Market Outlook 2024: 3 Hot New Stocks Coming in Q1
Headquartered in Singapore, the company has reportedly hired Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) to lead its IPO. However, recent reports say the company, which continues to have a ...
UOB and China Council for the Promotion of International Trade (CCPIT) renew MOU to facilitate regional trade & investment
UOB and the China Council for the Promotion of International Trade (CCPIT) today signed an enhanced Memorandum of Understanding (MOU) to boost foreign investment and trade between China and Southeast ...
UOB and China Council for the Promotion of International Trade renew MOU to facilitate trade and investment in Asean
UOB and CCPIT first signed an MOU in 2012 and later renewed it in 2014. Since then, the partnership has helped numerous Chinese companies to explore business expansion opportunities in Southeast Asia.
Singapore stocks eke out gains with Fed rate guidance in focus; STI up 0.1%
SINGAPORE shares ended slightly higher on Wednesday (Jan 31), as investors awaited guidance from the Federal Reserve on the interest rate cut trajectory. Read more at The Business Times.
Job retrenchments in Singapore more than doubled in 2023: MOM’s advance labour market estimates
The number of retrenchments in Singapore more than doubled in 2023. What drove firms to cut more jobs in 2023? Find out.
Webull Singapore adds SGX-listed securities to brokerage offering
"By providing access to key financial markets in Mainland China, Hong Kong, the US, and Singapore, we hope to offer our clients in Singapore enhanced flexibility across their investment portfolios, ...
Webull Singapore to offer SGX listed products and securities to retail investors
Pte Ltd ("Webull Singapore"), an affiliate of the US trading platform, Webull Financial LLC, today announced the launch of SGX-listed products and securities offerings on its trading platform. The ...
11 new charges for money laundering accused who allegedly gave forged statements to UOB Kay Hian
Vang, who is listed as a Turkish national in his charge sheets, now faces 16 charges in total. Read more at straitstimes.com.
HSBC fined £57 million for ‘serious’ deposit protection failures
HSBC has been fined £57.4 million (S$97.6 million) for “serious failings” in protecting some depositors over several years, in the first penalty of its kind under British rules designed to protect ...
Singapore Investment Pledges Almost Halved to $9.5 Billion
Singapore said investment commitments last year slowed to S$12.7 billion ($9.5 billion) from a record S$22.5 billion in 2022, with authorities viewing the performance as a show of confidence in the ...
Singapore Alternative Lending Business Report 2023
DUBLIN, Jan. 30, 2024 /PRNewswire/ -- The "Singapore Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance ...
Zepto Joins Reverse Flip Parade; Eyes India IPO In 2026
Zepto is looking to join the likes of Eruditus, RazorPay, Pine Labs, Groww and other Indian unicorns in the reverse flipping queue ...
Innovative financing to boost Singapore’s lead in climate finance, says KPMG
Singapore could reinforce its position as the regional leader in climate financing by mobilising funds worth up to S$100b to support its green initiatives.
Singapore stocks track Wall Street gains, STI up 0.3%
SINGAPORE - Shares in Singapore ended higher on Jan 30 ... DBS Bank lost 0.2 per cent or $0.07 to $31.82, OCBC Bank fell 0.5 per cent or $0.06 to $12.82, while UOB slipped 0.2 per cent or $0.05 to $28 ...
Shanghai eyes Singapore as it chases foreign investments amid slowing economy
Investment promotion event launched on Jan 29 touting Shanghai as an attractive destination. Read more at straitstimes.com.