The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 ... ( read original story ...)
The Week Ahead – Economic indicators, Singapore inflation, China LPR,
Focus on economic indicators THERE will only be a handful of economic indicators this week, as trading winds down ahead of the Christmas holidays. The Statistics Department is expected to release the ... ( read original story ...)
Flipkart CEO discusses IPO plans for next year, with e-grocery playing a crucial role: Report
Flipkart Group CEO Kalyan Krishnamurthy has also initiated active talks with executives about the potential IPO. ( read original story ...)
S’pore Man Shows Middle Finger To Scammer Asking For His NRIC, Call Ends With Laughter
After receiving a call from a scammer asking for his NRIC, a man decided to play a prank and show his middle finger instead. ( read original story ...)
Indian central bank’s push towards card security likely to hit merchants, lenders
The RBI has ordered all companies in India to purge saved credit and debit card data from their systems from Jan. 1, 2022. ( read original story ...)
Binance Among Firms Stymied by Singapore Money-Launder Rules (2)
Binance Asia Services Ltd., which recently withdrew an application to offer cryptocurrency services in Singapore, didn’t meet the central bank’s criteria for safeguarding against money laundering and ... ( read original story ...)
Singapore Govt raises alert level on critical Log4j software bug, holds 2 emergency meetings
Hackers are rushing to exploit the bug in the widely used software that cyber-security experts called one of the worst in years.. Read more at straitstimes.com. ( read original story ...)
S’pore-born Citi veteran to head its global client service
SINGAPORE - In a first for Singapore, global banking giant Citibank has appointed Singapore-born Money K as its global head of global client service (GCS). In his new role, which will be based in ... ( read original story ...)
Indonesia’s GoTo said to appoint underwriters for $1b local IPO
Indonesia’s biggest tech firm GoTo Group has appointed underwriters to manage a $1 billion initial public offering which could take place as early as the first quarter of next year, Bloomberg reported ... ( read original story ...)
Sea to help Indonesian gov’t bank enter digibank space
The bank targeted for the acquisition by the BNI and Sea Group consortium is still unconfirmed, but some reports say that it will be Bank Mayora. ( read original story ...)
Ten arrested in first of a kind joint Singapore and HK swoop on financial scammers
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide. ( read original story ...)
Singapore’s $744 Billion Fund Eyes Chinese Property Assets
Singapore’s $744 billion sovereign wealth fund sees potential opportunities to do deals and buy debt in China’s battered real estate sector, confident Beijing won’t let things “spiral out of control” ... ( read original story ...)
Binance Among Firms Stymied by Singapore Money-Laundering Rules
Binance Asia Services Ltd., which recently withdrew an application to offer cryptocurrency services in Singapore, didn’t meet the central bank’s criteria for safeguarding against money laundering and ... ( read original story ...)
Singapore crypto startup raises US$75 mil to fund expansion
SINGAPORE: Blockchain data analytics startup Nansen on Thursday raised US$75 million in a Series B funding round led by US venture capital company Accel. Other prominent investors that participated ... ( read original story ...)
Residential market can ‘seek shelter’ with CapitaLand amidst property cooling measures: OCBC
One of the main revisions is the uplift in Additional Buyer's Stamp Duty rates. Singapore's Ministry of National Development (MND) announced a new round of property cooling measures. One of the main ... ( read original story ...)
Singapore property stocks fall amid new cooling measures
The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively. ( read original story ...)