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Tag: banking

Posted on 22/08/2023

IPO Roundup: Adlai Nortye, Jyong Biotech and more

The IPO market continues to expand, with many notable names reportedly seeking September debuts. Arm Holdings, Birkenstock Group and Instacart, have all shown interest in going public within the next ...

Posted on 22/08/2023

Singapore trader presented fraudulent documents to Standard Chartered, OCBC, court finds

Winson Oil made false representations to two banks when seeking payment for sales to disgraced trader Hin Leong, a Singapore High Court ruling has found.  The Singapore-headquartered commodities ...

Posted on 21/08/2023

Stablecoins in Singapore: A Promising Path or Potential Pitfalls?

With a forward-thinking approach, the city-state has been at the forefront of stablecoin innovation - while keeping a keen eye on safeguards.

Posted on 21/08/2023

Two-thirds of Singapore consumers expect an economic downturn over the next year: Survey

Some 68 per cent of Singapore consumers foresee an economic downturn over the next six to 12 months, according to a survey released on Monday by UOB.

Posted on 21/08/2023

US must play ‘long game’ with China, says Singapore’s Tharman Shanmugaratnam, not go for short-term gains, risk worse ties later

Ahead of Singapore's presidential election, front runner Tharman Shanmugaratnam sets out how he sees his candidacy in an exclusive interview Read on for part one with his thoughts on US 'economic ...

Posted on 21/08/2023

Weekly Money FM Podcasts: Why you should be investing in Singapore stocks

A National Day Rally Curtain Raiser with MP Nadia Samdin & Assoc Prof Walter Theseira (featuring Ms Nadia Samdin, Member of Parliament for Ang Mo Kio GRC, and member of the Government Parliamentary ...

Posted on 21/08/2023

Over 70% of UOB’s Asean consumer sentiment study expect to experience an economic downturn in next 12 months

Over 70% of respondents from UOB’s flagship Asean consumer sentiment study (ACSS) said that they expect their respective countries to experience an economic downturn in the next 12 months amid the ...

Posted on 21/08/2023

Atome Financial, HSBC Singapore Expand $100M Debt Facility to Include Philippines Market

Atome Financial has announced that it has renewed and expanded its partnership with HSBC Singapore to include the Philippine market to its US$100m debt facility. At the moment, Atome has reportedly ...

Posted on 21/08/2023

Sustainability: Singapore’s DBS, TÜV SÜD to Help SMEs Get ESG-Ready

DBS and international certification body, TÜV SÜD, announced a year-long partnership to provide comprehensive training, testing, verification.

Posted on 21/08/2023

Singapore Stock Market Due For Support On Monday

The Singapore stock market has moved lower in six straight sessions, sinking almost 150 points or 4.7 percent along the way. The ...

Posted on 21/08/2023

Commentary: Taylor Swift, Coldplay concerts strike the right chord for Singapore’s stock market

The concert scene in Singapore is booming, with much-anticipated gigs by Taylor Swift and Coldplay next year. OCBC trading strategist Samuel Wong looks at how these concerts will benefit Singapore's ...

Posted on 21/08/2023

Singapore PM says succession plan ‘back on track’ despite scandals

Singapore's leader said the spate of recent scandals that have shaken his ruling party would not derail his plans to hand over power. He did not, however, give a timetable for leadership change.

Posted on 21/08/2023

Singapore PM says succession plan ‘back on track’

Singapore Prime Minister Lee Hsien Loong said Sunday that plans to hand over power to a younger generation of leaders are "back on track" after being disrupted by the Covid pandemic.Lee, 71, had ...

Posted on 20/08/2023

Too early to tell if banks hit by billion-dollar money laundering case had followed rules, says MAS

A MAS spokesman said supervisory engagements with the financial institutions are ongoing. Read more at straitstimes.com.

Posted on 20/08/2023

Commentary: Is OCBC anti-scam measure a necessary guard rail or heavy-handed overreach?

OCBC introduced a new security feature targeted at the threat of malware from risky apps downloaded from unofficial platforms. (Photo: TODAY/Ili Nadhirah Mansor) SINGAPORE: Given the rising tide of ...

Posted on 19/08/2023

Details of 10 foreigners living in S’pore GCBs, condos & Sentosa Cove bungalow arrested in S$1 billion money laundering raid

Three Cambodian nationals, three Chinese nationals, two Cypriot nationals, one Turkish national and one Ni-Vanuatu national were charged in court.

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