KPMG came to the conclusion that the investment into crypto has been rising in southeast Asian countries like Singapore and Hong Kong. ( read original story ...)
Singapore to invest S$71 million to grow local AI talent pool | Video
Singapore is investing about S$71 million to nurture manpower in Artificial Intelligence, with the goal of growing the local talent pool. Up to 1,500 small- and medium-sized enterprises also stand to ... ( read original story ...)
Singapore is expected to get major crypto investments
High-net-worth individuals in Hong Kong and Singapore are eager to invest in cryptos despite the prolonged bear market ... ( read original story ...)
Singapore boosts UN climate targets, confirms net zero by 2050
Its greenhouse gas emissions will reach about 60 million tonnes in 2030, from previous target of 65 million tonnes. Read more at straitstimes.com. ( read original story ...)
Standard Chartered appoints international wealth leader
A familiar face in Singapore - James Lye joins from Citi to drive growth across Standard Chartered's international banking hubs. ( read original story ...)
OCBC joins net zero banking alliance launched by the UN
SINGAPORE - OCBC Bank has joined a worldwide alliance of banks to strengthen and speed up the adoption of decarbonisation among these financial institutions. Read more at straitstimes.com. ( read original story ...)
Private hospitals may benefit from rise in Covid-19 cases: DBS
DBS has kept “buy” on Raffles Medical Group and IHH Healthcare with target prices of $1.63 and RM7.90 ($2.37) respectively. ( read original story ...)
Singapore to invest $71 million to attract, develop AI tech talent: DPM Heng
SINGAPORE - The Republic will invest US$50 million (S$71 million) to attract and develop talent in the field of artificial intelligence (AI), as well as open three new centres of innovation. The new ... ( read original story ...)
Singapore’s core inflation rises further to 5.3% in September, edging toward 14-year high
SINGAPORE: Singapore's core inflation rose further to 5.3 per cent in September, driven mainly by larger increases in the prices of food, services and retail and other goods, official data showed on ... ( read original story ...)
Singapore Core Inflation Quickens for Seventh Month in September
An inflation measure monitored by Singapore’s central bank accelerated for a seventh straight month in September, giving policymakers reason to maintain their tightening bias even after delivering ... ( read original story ...)
HSBC’s Q3 profit slumps 42%; bank taps former investment bank chief as CFO
Mr Elhedery’s sudden elevation to pole position to become the London-headquartered bank’s next chief executive comes after he took a six-month sabbatical from the bank in January, citing a desire to ... ( read original story ...)
HSBC taps former investment bank chief as CFO; Q3 profits fall 42%
HSBC named Georges Elhedery, a former chief of its investment bank, as its new chief financial officer in a surprise move as it reported profits slid 42% in the third quarter from rising loan losses ... ( read original story ...)
HSBC appoints Georges Elhedery as CFO, potential CEO-in-waiting
Quinn told Reuters that while departing CFO Ewen Stevenson had done a good job restructuring the bank over the last three years, the move was done with succession in mind – with the apparent effect of ... ( read original story ...)
HSBC Q3 profit slumps 42% on France sale charge, credit losses
SINGAPORE: HSBC reported on Tuesday (Oct 25) a 42 per cent tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income ... ( read original story ...)
HSBC elevates Elhedery to CFO in surprise CEO-in-waiting move
HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise shift that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as ... ( read original story ...)
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Family offices and high-net-worth individuals based in Hong Kong and Singapore have keen to invest in crypto or already have holdings according to a new report from KPMG China and Aspen Digital. ( read original story ...)