In a court case that kicked off in Singapore last Thursday, Hin Leong Trading’s liquidators are demanding that its founder Lim, together with his two children, cough up $3.5bn for debts that allegedly ...
DBS Pledges SGD 1 Billion to Help Vulnerable Communities
DBS has pledged to set aside up to SGD 1 billion over the next 10 years in an effort to step up its support for vulnerable communities.
Singapore bulker player Uni-Asia sees first half profit slide 74%
Japanese bulker player Uni-Asia Group has reported a 74% year-on-year decline in first half profit, figures just released show. Singapore’s only listed bulker owner made $4.2m in the first six months ...
Singapore fintech firms eye bigger share of bank-dominated payment services
Singapore’s fintech firms are expanding their services and operations despite facing competition from the banking sector and even as they experience a decrease in funding due to macroeconomic ...
Singapore’s Neon considering $271m funding following Temasek’s $150m investment
The firm produces immersive experiences and exhibitions with franchises including Marvel’s Avengers. Read more at straitstimes.com.
Singapore Stock Market May Find Traction On Tuesday
The Singapore stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.3 percent along the way. The ...
Top Singapore banker calls for rethink of city’s reserves
The financial hub has over the years accumulated a large, undisclosed sum of reserves, which has been estimated at over a trillion dollars, a figure Gupta referenced in his remarks. Still, authorities ...
Lloyds to restart foreign subordinated bond sales in Singapore dollars
No foreign bank has issued subordinated debt in the currency since CS collapse ◆ Local heavyweight showed there is demand for AT1 ◆ Will be issuer's fourth currency outing since Q2 results ...
The Ultimate List of Credit Card Reviews in Singapore
In today's dynamic world of personal finance, selecting the perfect credit card has become an essential skill. With a myriad of options available, each promising unique benefits and rewards, ...
Fight against inflation: 5 ways DBS/POSB is cushioning cost-of-living pressures
Amid rising food prices and housing costs, the effects of inflation are probably no stranger to most by now. While it may be a long, drawn-out fight against inflation, the Singapore government and ...
DBS’ Piyush Gupta calls for rethink on Singapore’s reserves
SINGAPORE needs to figure out how to better deploy its sizable reserves and leverage its wealthy status by investing more in the region, according to Piyush Gupta, the chief executive officer of the ...
Singapore Bourse Tipped To Open In The Red
(RTTNews) - The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had collected more than 30 points or 0.9 percent. The Straits Times Index now rests just ...
We Ran A Stock Scan For Earnings Growth And Singapore Exchange (SGX:S68) Passed With Ease
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. While we note Singapore ...
US bank Citi completes sale of Taiwan consumer unit to Singapore’s DBS
U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore's DBS Group, it said on Monday. The now transferred retail business includes retail banking, ...
HSBC Reaffirms Their Hold Rating on Genting Singapore (GIGNF)
In a report released on August 11, Charlene Liu from HSBC maintained a Hold rating on Genting Singapore (GIGNF – Research Report), with a ...
UOB’s annual Global Heartbeat Run/Walk event raises S$2.5 million
UOB’s Global Heartbeat Run/Walk event raised more than S$2.5 million under the UOB Heartbeat Fund to improve the lives of disadvantaged children and families from 26 charities globally. Read more at ...