SINGAPORE: Over 10 years, a vice-president at United Overseas Bank (UOB) misappropriated about S$5 million from a customer who believed he was putting the cash into a nominee bank account. Ling Shek ... ( read original story ...)
All eyes on Singapore’s reopening progress, VTL expansion for 2022 economic outlook
While the pace of relaxation of mobility curbs may have slowed in recent months, Singapore is still on track in its strategy to treat Covid-19 as endemic, analysts ... ( read original story ...)
Singapore’s 5.9% Q4 GDP a sign of optimism for 2022 – UOB
Maybank and OCBC also echoed this outlook for the upcoming year. UOB called last year’s Singapore fourth quarter (Q4) gross domestic product (GDP) of 5.9% a strong end to 2021. Going forward, UOB ... ( read original story ...)
Singapore Fintech Report 2022: Fintech Reaches Critical Mass in Singapore
In Singapore, the COVID-19 pandemic has acted as a catalyst for fintech adoption, driving demand for digital payment capabilities, virtual banking experiences and buy now, pay later (BNPL) ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open on a flat note today
Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session on a flat note. At 7:46 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- were ... ( read original story ...)
Prudential Singapore boosts support for SMEs in their digitalisation efforts and business growth
Prudential Singapore ("Prudential") has partnered Ngee Ann Polytechnic ("Ngee Ann Poly") and ST Engineering to equip small and medium-sized enterprises (SMEs) with the knowledge and resources on how ... ( read original story ...)
MSCI Singapore: What to Make of the “Sharpest Decline in the Region”?
It's important to keep an eye on the market outliers -- markets that go up or down more than related ones. Why? Watch our Asian-Pacific editor explain by looking at the declines in Singaporean stocks ... ( read original story ...)
HSBC to Buy L&T Investment, Boosts Wealth Franchise in Asia
To boost HSBC's asset management unit, the London-headquartered bank inks a deal to acquire India's L&T Investment Management Limited for $425 million. ( read original story ...)
BTIG Expands Emerging Market Debt Unit With Product Specialists in the U.S. and Singapore
BTIG announced today key hires to further strengthen its growing Emerging Market Debt team in both the U.S. and APAC region. Michael Roche joins BTIG, ... ( read original story ...)
HSBC’s Acquisition Shows India’s Allure In Asian Drive
London/Hong Kong-listed HSBC said that the proposed acquisition, subject to regulatory approval, will be “another milestone” in its drive to be a “leading wealth manager in Asia.” The LTIM business, ... ( read original story ...)
HSBC Gets Nod to Buy Remaining Stake in China Life Insurance JV
HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% equity interest in HSBC Life China. ( read original story ...)
Samtrade FX Faces Probe in Singapore, 3 Men Arrested
Online trading platform Samtrade FX is facing an investigation in Singapore under the suspension of irregular trading activities. ( read original story ...)
Singapore growth rebounds to fastest in more than a decade – an insight by Bloomberg
Singapore’s recovery accelerated in the final three months of 2021, with easing virus restrictions and strong manufacturing helping push the economy to its fastest full-year growth in more than a ... ( read original story ...)
Singapore: Inflation picked up pace in November – UOB
Barnabas Gan, Economist at UOB Group, assesses the latest inflation figures in Singapore. Key Takeaways “Singapore’s consumer prices rose at its fastest rate since February 20 ... ( read original story ...)
LIC, Adani Wilmar, NSE and OYO among 75 IPOs to watch out for in 2022
Adani Wilmar, the joint venture between Adani Group and Singapore's Wilmar Group, is likely to raise Rs 4,500 crore via IPO route for capital expenditure for expansion of existing manufacturing ... ( read original story ...)
UPDATE 3-Singapore’s 2021 GDP grows at fastest pace in over a decade
The financial and transport hub, often seen as a bellwether of global growth, has staged a rocky recovery as governments around the world shift their coronavirus strategies to living with the pandemic ... ( read original story ...)