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Tag: banking

Posted on 06/06/2023

SNB Expands Singapore Office as It Winds Down FX Reserves

The Swiss National Bank said it will boost the number of members in its Singapore office to help manage its foreign-currency reserves across time zones.

Posted on 06/06/2023

3 months’ jail for man who gave control of his bank accounts to loan shark to offset loan

Alvin Phua Khian Tat relinquished his bank accounts to a loanshark, in exchange for a loan offset. Read more at straitstimes.com.

Posted on 06/06/2023

Morgan Stanley plans move to new Singapore office in growth boom

Morgan Stanley plans to move to a new office in Singapore, seeking a bigger space in the city-state’s financial district to accommodate its expansion.

Posted on 06/06/2023

Commentary: Temasek’s punishment over FTX sets unrealistic expectations for investing

Punishing the FTX investing team at Temasek sends an implicit signal to all Singapore investors that nothing short of perfection is ever going to be good enough, says David Kuo of The Smart Investor.

Posted on 06/06/2023

Should You Be Adding Singapore Shipping (SGX:S19) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good ...

Posted on 06/06/2023

Embracing the Future of Finance: DefiLabs Announces the 2023 Web3 World Decentralized Finance Summit

Join Web3 World Decentralized Finance Summit 2023. Explore decentralized finance's future and gain insights from experts.

Posted on 05/06/2023

Singapore shares buoyed by Wall Street rally with STI up 0.7%

Singapore shares rode on last Friday's Wall Street rally to start the week on an upbeat note. Read more at straitstimes.com.

Posted on 05/06/2023

Hong Leong’s gain leaves a digital gap at UOB

Kevin Lam is to lead the Malaysian bank, becoming the second person within three years to step down as UOB’s TMRW digital head.

Posted on 05/06/2023

Opportunities abound in Singapore market after STI correction in May: DBS

DBS Group Research analysts are eyeing opportunities in the Singapore market as it builds a base for a rebound, with the Straits Times Index’s (STI) correcting to 3,180 points after a pullback in May.

Posted on 05/06/2023

Singapore unveils blueprint to strengthen its digital connectivity

The blueprint aims to strengthen the digital infrastructure stack consisting of hard, physical-digital, and soft infrastructure.

Posted on 05/06/2023

Singapore Stock Market Expected To Open In The Green On Monday

Ahead of Friday's holiday for Vesak Day, the Singapore stock market had halted the six-day losing streak in which it had slumped ...

Posted on 05/06/2023

UPDATE 1-Singapore’s Sembcorp begins process for potential waste management arm sale

The company, which is owned by Singapore's state investor Temasek Holdings, has hired HSBC as its financial advisor and preliminary discussions with selected parties had begun. Sembcorp, Macquarie and ...

Posted on 05/06/2023

Sembcorp in preliminary talks for potential sale of SembWaste

Sembcorp said preliminary discussions with selected parties on the potential sale had begun. Read more at straitstimes.com.

Posted on 05/06/2023

Veteran Singaporean banker Kevin Lam to head Malaysia’s Hong Leong Bank

He succeeds Mr Domenic Fuda, who is retiring after more than seven years at the helm. Read more at straitstimes.com.

Posted on 05/06/2023

‘We don’t need to explain’: Investigating a travel deal that looks like a scam

Days after travellers reported an online travel agency to the police for allegedly swindling them of more than $1 million, another purported tour company has emerged with a similar ruse.“Travel Key” ...

Posted on 05/06/2023

Convergence launches multi-donor funding window for climate blended finance solutions in Asia

Design Grant on the sidelines of the 8th Singapore-Australia Annual Leaders’ Meeting, held in Singapore, and under the auspices of the Singapore-Australia Green Economy Agreement.

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