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Tag: banking

Posted on 21/12/2021

UOB Kay Hian expressed surprise at extent of property cooling measures in Singapore property sector report

Analyst Adrian Loh said the measures were ‘not the Christmas present the property market expected’. UOB Kay Hian analyst Adrian Loh has maintained “overweight” on the Singapore property sector even as ... ( read original story ...)

Posted on 21/12/2021

Continued Consolidation Anticipated For Singapore Stock Market

The Singapore stock market has finished lower in back-to-back trading days, slumping more than 40 points or 1.3 percent along the way. The Straits Times Index now sits just above the 3,070-point ... ( read original story ...)

Posted on 21/12/2021

Accused in $1.5b trading scam faces 6 more charges

Singaporean businessman Ng Yu Zhi, who is at the centre of an alleged US$1.1 billion (S$1.5 billion) nickel trading scam, was slapped with six more charges yesterday. . Read more at straitstimes.com. ( read original story ...)

Posted on 21/12/2021

Singapore’s GIC sees opportunities in China real estate sector, report says

Singapore’s GIC Pte Ltd sees potential opportunities to do deals and buy debt in China’s real estate sector, according to Bloomberg, quoting Lim Chow Kiat, chief executive officer of the sovereign ... ( read original story ...)

Posted on 20/12/2021

Travel Platform ixigo’s INR 1,600 Cr IPO Set To Take Off With SEBI Approval

The Securities and Exchange Board of India (SEBI) has approved the INR 1,600 Cr initial public offering (IPO) of Le Travenues Technology, which operates travel platform ixigo. ( read original story ...)

Posted on 20/12/2021

Singapore Bunker Fuels Market Is Expected to Reach $24.5 Billion by 2030: Says AMR

IMO regulations on sulfur content in marine fuel and increase in oil & gas exploration activities drive the growth of the Singapore bunker fuels market. Based on commercial distributor, the oil majors ... ( read original story ...)

Posted on 20/12/2021

End of term funding schemes to drive Apac issuance in 2022

Aussie banks are predicted to lead Asia Pacific covered bond issuance in 2022 as the country's banks look to replace lost central bank funding, with similar dynamics expected in New Zealand and ... ( read original story ...)

Posted on 20/12/2021

More charges for Singapore businessman accused of $1bn nickel trading scam

A Singapore businessman accused of masterminding a massive nickel trading scam was handed additional criminal charges tied to about $124m million in cash and assets ... ( read original story ...)

Posted on 20/12/2021

Bank employee who embezzled $1.13m jailed for seven years and five months

He replaced genuine notes with counterfeit ones or blank sheets of paper, and withdrew more cash than what customers sought. . Read more at straitstimes.com. ( read original story ...)

Posted on 20/12/2021

Ng Yu Zhi charged with spending over $100 million of alleged ill-gotten gains

Among his purchases was a multimillion-dollar Pagani Huayra hypercar previously owned by Ossia International chief executive Steven Goh. . Read more at straitstimes.com. ( read original story ...)

Posted on 20/12/2021

LIC IPO on course, to be out within FY22: DIPAM

The mega IPO of Life Insurance Corporation of India (LIC) will be out by the end of the current fiscal, a senior Central government official said on Monday. ( read original story ...)

Posted on 20/12/2021

LIC IPO on course, to be out in Q4FY22: DIPAM Secy refutes media reports

The mega IPO of Life Insurance Corporation of India (LIC) will be out by the end of the current fiscal, a senior Central government official said on Monday. According to Tuhin Kanta Pandey, Secretary, ... ( read original story ...)

Posted on 20/12/2021

The High IP and Commerce Value Competition ended in Chongqing with Singapore start-up won the third prize

On December 15, 2021, the final of the 2nd Western Science City Double High Competition, co-sponsored by the Chongqing Municipal Intellectual Property Office, the Chongqing Municipal Science and ... ( read original story ...)

Posted on 20/12/2021

Former bank worker jailed for embezzling S$1.13 million, replaced notes with fake ones and blank paper

SINGAPORE: Over two years, a banking operations specialist pocketed a total of S$1.13 million from his company's safe either by withdrawing more cash than was allowed for customers or by replacing ... ( read original story ...)

Posted on 20/12/2021

SGX Nifty Hints At Opening Losses; IRB Infra, Hero Moto, GAIL, Supriya Life IPO In Focus

Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today. ( read original story ...)

Posted on 20/12/2021

Diverging monetary policies in US, China may provide some balance to global economy

The United States and China are set to spend 2022 diverging on monetary policy, marking a new phase in the struggle to deal with the fallout of the Covid-19 pandemic and setting up a synchronised ... ( read original story ...)

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