Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.
Singapore seizes money launderer’s assets in Swiss banks in S$1.8 billion case
Police in Singapore investigating a major money laundering operation have seized S$125 million ($91.79 million) from the bank accounts of one of ten foreign suspects accused in the case. About S$92 ...
Singapore bank DBS raises $1.5 billion in two US dollar bond tranches-term sheet
Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.The bank issued a two-year fixed rate bond that raised $750 million and a ...
Singapore bank DBS raises $1.5 bln in two US dollar bond tranches-term sheet
Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.
Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say
Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by projects aimed at reducing greenhouse gas emissions in the ...
Economists Cut Singapore 2023 Growth Forecast, MAS Survey Shows
SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.
UPDATE 1-Singapore’s DBS raises $1.5 bln in two US dlr bond tranches -term sheet
Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters. The bank issued a two-year fixed rate bond that raised $750 million and a two ...
Singapore shares rise at Wednesday’s open; STI up 0.5%
SINGAPORE stocks were pulled into positive territory on Wednesday (Sep 6), bucking a global selloff on Wall Street and Europe amid cautious investor trading. Read more at The Business Times.
GASTECH-Natural gas market better supplied this winter, Chevron exec says
SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...
UOB’s Citi acquisition to help it grow in Asean
SINGAPORE: UOB’s S$5bil acquisition of Citigroup’s consumer businesses in Malaysia, Thailand, Vietnam and Indonesia will be a game changer by doubling the bank’s Asean customer base outside Singapore ...
Assets involved in money laundering case nearly double to $1.8b: Prosecutors
The update in the value of assets involved was revealed in a hearing where one of accused argued for bail to be granted. Read more at straitstimes.com.
Singapore’s New President Does Not Imply a Mandate for the PAP
Tharman Shanmugaratnam’s landslide victory may seem like an endorsement of the ruling People’s Action Party (PAP), but is better seen as a reflection of his personal popularity.
Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt
Singapore-based Evergreen Group Holdings has revealed plans to invest about 10 billion South Korean won (approx. USD $7.5 million) in K-Pop entertainment agency Attrakt. That’s according to multiple ...
Singapore Narrowly Averts Recession In First Half Of 2023
GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued recovery of ...
Assets involved in money laundering case balloons to S$1.8bil: Prosecutors
The police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday ...
Seizures linked to billion-dollar bust balloon to S$1.8b: Prosecutors
THE police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday ...