A 26-yr-old Indian citizen, Bhambri Kunal was sentenced to 9 weeks in prison in Singapore after he pleaded guilty to three charges for withdrawing fraud money ...
Singapore’s deputy PM: FTX case has ‘very serious allegations’ that amount to potential fraud
The collapse of crypto exchange FTX has "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday. Lawrence Wong said recent ...
Singapore-China green finance agreement signals regional trend
A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s intentions in the region.
HSBC eyes ‘substantial’ expansion plans from its new Singapore headquarters
The bank’s new office measures more than 140,000 square feet with a 4,000-strong local workforce. It aims to double its wealth business in Singapore by 2025.
OCBC slashes Sats’ target price by about 30% as rights issue an ‘overhang’
Long term investors may stay invested in Sats, but Chu warns that a rights issue could weigh on its near-term share price.
Singapore’s Temasek Writes Off $275 Million Investment In Failed FTX Crypto Exchange
Singapore state-owned investment firm Temasek said Thursday it has decided to write off its $275 million investment FTX, nearly a week after the cryptocurrency exchange filed for bankruptcy.
Indian national jailed in Singapore for bank fraud
An Indian national has been jailed in Singapore for nine weeks after he committed fraud involving more than S$26,000 that was traced to three fraud victims ...
Indian National Jailed In Singapore For Withdrawing SGD 26,000 Fraud Money
A 26-year-old Indian national, who first came to Singapore in 2018 to study, was jailed for nine weeks after he pleaded guilty to three counts of dealing with the benefits of criminal conduct, ...
OCBC Securities accelerates digitalisation efforts with refreshed iOCBC platform
Leading local brokerage firm OCBC Securities is highly aware of this and is rolling out a single app for users to do all their investing and banking needs. As part of its continual efforts to keep its ...
Singapore minister says country won’t take sides as there’s no win-win scenario in fractured world
Singapore won't take sides in geopolitical conflicts and will ... as any kind of fracture would make individual countries "suboptimal" and suffer economically. related investing news China is easing ...
Singapore Stock Market May See Continued Consolidation
(RTTNews) - The Singapore stock market on Wednesday wrote a finish to the eight-day winning streak in which it had surged almost 175 points or 5.6 percent. The Straits Times Index now rests just above ...
Singapore’s Temasek writes down $275 mln investment in FTX
Singapore's state investor Temasek Holdings (TEM.UL) said on Thursday it will write down the value of its full investment in collapsed cryptocurrency exchange FTX, irrespective of outcome of its ...
Zelenskiy, Singapore’s Wong to Speak as NEF Talks Focus on Risk
Singapore’s finance minister and prime minister-in-waiting, will also speak Thursday, the final day of the three-day event, which has seen policymakers and business leaders discuss issues including ...
Temasek Intends To Write Down Investments In FTX Of Up To $300M: Expert Weighs In On What’s Next In Crypto Investments
The state investment fund of Singapore, Temasek, is prepared to write down investments to the tune of $200 million to $300 million in the bankrupt cryptocurrency exchange FTX.
Bangladesh seeks Singaporean investment to become ‘connectivity hub’
Describing Singapore as a "connectivity hub" for distribution of services as well as trade, State Minister for Foreign Affairs Md Shahriar Alam yesterday shared the aspirations of Bangladesh to emerge ...
Mubadala Acquires Stake In Singapore’s Aircarbon
Abu Dhabi state fund Mubadala Investment Company confirmed on Wednesday that it has acquired a strategic stake in Singapore-based AirCarbon Excha ...