Under the new rules, Indian entities can make investments in foreign companies that have Indian subsidiaries provided the whole investment structure doesn't have more than two layers. Now, there are ... ( read original story ...)
Singapore High Court Recognizes Three Arrows Capital Liquidation Order
The liquidators of Three Arrows Capital secured a crucial court decision in Singapore, which will give them the ability to probe the local assets of the defunct crypto hedge fund, a high court ... ( read original story ...)
Singapore hawkers feel the heat of spiking inflation
In Singapore, hawker centers are one segment of the service economy directly affected by the city-state’s rising inflation. The city-state’s famed low-cost eateries were forced to raise prices at the ... ( read original story ...)
Three Arrows liquidators get Singapore court nod to probe crypto fund
Liquidators get authority to request access to any financial records the fund kept locally, say sources. Read more at straitstimes.com. ( read original story ...)
Singapore Financial Regulator Imposes $9 Million Fine on Commodity Trader Noble Group
Commodity trader Noble Group Ltd will pay a S$12.6 million ($9.03 million) penalty for releasing 'misleading' information in its financial statements between 2012 and 2016, the Monetary Authority of ... ( read original story ...)
Singapore Concludes Noble Group Saga With Fine and Warnings
Noble Group Ltd., the commodity trader whose losses, spectacular collapse, court dramas and multibillion dollar restructuring dominated headlines in Singapore over several years, was fined by local ... ( read original story ...)
Singapore’s central bank chief says era of cheap money, energy is over
SINGAPORE: Singapore’s central bank chief said that global interest rates are unlikely to return to near zero, joining a chorus of policymakers signalling that inflation is likely to remain high while ... ( read original story ...)
Singapore’s Menon says era of cheap money, energy is over
The era of cheap money, cheap labour and cheap energy is over,” said Ravi Menon, managing director of MAS said. ( read original story ...)
Inflation in Singapore hits 13-year high, expected to continue rising
SINGAPORE - Consumer prices in Singapore continued to climb in July and core inflation hit a 13-year high, with economists saying respite is still months away.Core inflation, which excludes costs of ... ( read original story ...)
CEO Wee in the market for UOB shares with $2 million spent over three trading days
UOB shares closed Aug 23 at $27.51, up 0.66% for the day and up 2.15% year to date. See Also: Click here to stay updated with the Latest Business & Investment News in Singapore ... ( read original story ...)
Which new bank wins the race of digital banking licences?
An analyst says GXS Bank stood out amongst fresh entrants. GXS Bank prevailed amongst the winners of Singapore’s digital banking licences who rolled out their new digital bank in the middle of the ... ( read original story ...)
3 Dividend-Paying Singapore Stocks I Would Buy With S$20,000
AEM provides comprehensive test solutions for the semiconductor and electronics sector and has manufacturing plants in countries such as Singapore, Malaysia, Indonesia, and the US. The group recently ... ( read original story ...)
Singapore Sees More US-Listed Chinese Firms Coming to Its Shores
Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation ... ( read original story ...)
This global bank is ‘obsessed with creating exceptional client experiences’
Mr Brendan Carney, chief executive officer of Citibank Singapore, outlines the philosophy that drives his bank’s business: "At Citibank Singapore, we are obsessed with creating exceptional client ... ( read original story ...)
Bitcoin has been mounting in DBS Digital Exchange in volatile June
Bitcoin custodied by Singapore-based DBS Digital Exchange (DDEx) grew by 30% from April 30 to June 30 this year while Ethereum under custody grew by 3% during the same period. See related article: DBS ... ( read original story ...)
DBS says Bitcoin buy orders quadrupled despite crypto sell-off
DBS Digital Exchange, the members-only brokerage arm of Singapore-based BDS bank, reported huge increases in the amounts of crypto trades for its clients in June, up from figures seen in April. The ... ( read original story ...)