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Tag: banking

Posted on 12/01/2023

Jail for man linked to scam where retiree’s life savings of $1m were transferred to other bank accounts

Dickson Jong recruited a man whose bank account was used to receive about $250,000 of the victim’s money. Read more at straitstimes.com.

Posted on 12/01/2023

Eastspring names deputy regional CEO for Asia

Eastspring Investments, Prudential’s asset management business, has appointed Faizal Gaffoor as deputy regional chief executive officer and head of products and partnerships in Asia.

Posted on 12/01/2023

Jail for man linked to case where elderly woman was scammed of S$1 million in CPF savings

SINGAPORE: A man linked to the case of a 75-year-old retiree who lost S$1 million from her Central Provident Fund in life savings was sentenced on Thursday (Jan 12). Dickson Jong Chee Siang, 29, was ...

Posted on 12/01/2023

“Uncle cut queue at OCBC bank, staff did nothing to deescalate situation” — Netizens react when customer confronts uncle

A video of an uncle cutting a queue at a bank and staff allegedly doing nothing about it has gotten many Singaporeans talking online. Many have called out his inconsiderate behaviour. On Tuesday (Jan ...

Posted on 12/01/2023

CNY Ang Bao Rates in Singapore (2023) – Everything You Need to Know

Is this Chinese New Year going to be your first time giving out ang baos (red packets) as a newlywed couple? You might have some questions. What are the market rates for giving ang baos? Must I give ...

Posted on 12/01/2023

Singapore health tech startup Holmusk raises $45m

Nasdaq-listed health technology firm Veradigm on Wednesday announced a strategic investment in Singapore- and New York-headquartered data analytics startup Holmusk. Veradigm (formerly Allscripts ...

Posted on 12/01/2023

Mapletree Investments, PAG to Acquire Hong Kong’s Goldin Financial Global Centre

Singapore-based real-estate developer Mapletree Investments and PAG Private Equity have agreed to form a 50/50 joint venture to acquire Hong Kong’s Goldin Financial Global Centre.

Posted on 12/01/2023

The Stock Market Has Crashed 20%. Here’s 5 Things Investors Can Do In A Bear Market

It can be scary to invest during a market crash, especially if we don’t know what we’re doing. Bear markets are typically defined as a 20% drop in the broad stock market. The S&P 500 Index, a ...

Posted on 12/01/2023

Saudi wealth fund joins US$930 mil pre-IPO bet on Kakao Entertainment Corp

Kakao Entertainment Corp. has won US$930 million ($1.24 billion) from investors including Saudi Arabia’s sovereign wealth fund, securing one of the country’s largest-ever financing rounds at a time ...

Posted on 12/01/2023

Market LIVE Updates: SGX Nifty futures indicate a positive start for Sensex and Nifty

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Friday amid positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...

Posted on 12/01/2023

Goldman Sachs lays off 16 private banking staff across Hong Kong, Singapore and China offices: Source

NEW YORK/LONDON/HONG KONG - Goldman Sachs began laying off staff on Wednesday (Jan 11) in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and ...

Posted on 12/01/2023

Aiken Group Strengthens Leadership With Two Key Appointments

Aiken Group, a global growth agency specializing in assisting global brands with their digital transformation, is pleased to announce several key appointments to its leadership team.

Posted on 12/01/2023

Beyond net-zero pledges, Asia’s banks must assess nature risks, announce sectoral plans: WWF-Singapore

Leading banks are putting in the work but half the banks assessed have made little or no progress since 2021, says WWF-Singapore.

Posted on 12/01/2023

4 Reliable Singapore Dividend Stocks That Can Boost Your CPF Account’s Returns

While the CPF Ordinary Account pays out a decent interest rate, here are four stocks that can help you get a better return. The post 4 Reliable Singapore Dividend Stocks That Can Boost Your CPF ...

Posted on 12/01/2023

Foreigners’ dry powder is fuel for a long stock market rally in China

Foreign investors have barely begun buying back beaten-down stocks in China, but there are growing signs that the end of the country's tough COVID-zero policy marks the beginning of a long global ...

Posted on 12/01/2023

3 Reasons to Buy Amazon Stock, According to DBS

It’s safe to say most investors did not foresee shares of Amazon (NASDAQ:AMZN) shedding 50% of their value last year but that’s how it panned out in 2022’s market rout. However, 2023 is off to a ...

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