Singapore ties stronger FinTech relationship with Japan

The two are establishing a FinTech cooperation framework. The Monetary Authority of Singapore (MAS) and the Financial Services Agency (FSA) of Japan are forging a cooperation framework to boost FinTech linkages between both countries. The framework enables ... ( read original story ...)

Singapore tops city infrastructure rankings

It is also the nicest city in Asia for expats to live in. The latest list from consulting firm Mercer ranked Singapore as the city with the best infrastructure in the world. According to Mercer, city infrastructure plays an important role when ... ( read original story ...)

New HSBC chairman welcomed by the City

AIA’s loss is HSBC’s gain, if investors’ reaction to the appointment of Mark Tucker as the next chairman of Europe’s biggest bank is anything to go by. Shares in insurance giant AIA slumped 3pc in Hong Kong while HSBC stock climbed as much as 1.8pc ... ( read original story ...)

DBS seeks new CIO at wealth division as Lim retires, sources say

DBS Group (Singapore Exchange: DBSM-SG), Southeast Asia's largest bank, is looking for a new chief investment officer for its expanding wealth management division to replace Lim Say Boon, who is retiring after serving seven years, people familiar with the ... ( read original story ...)

Singapore bans former Goldman Sachs banker linked to 1MDB

Leissner resigned from the bank in February 2016. "MAS will not tolerate conduct by any finance professional that threatens to undermine trust and confidence in Singapore’s financial system," Ong Chong Tee, a MAS deputy managing director, said in a ... ( read original story ...)

Singapore, Hong Kong property sectors go opposite ways

Home prices in Singapore have declined for the past three years. According to a report from Bloomberg, whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased ... ( read original story ...)

Education funds planning for Singapore expats

Living costs in Singapore are among the highest in the world. Expats who move to the city-state can expect to pay large amounts for their accommodation and for day-to-day expenses. Car buyers in Singapore usually pay five to six times the price of a ... ( read original story ...)

Singapore hints at covered bond reforms

Currently, the encumbrance limit for Singapore is 4 percent, on par with Canada, but lower than 8 percent for Australia and 10 percent for New Zealand. Many other jurisdictions have no encumbrance limits at all. "The two banks (DBS and UOB) are around ... ( read original story ...)

Singapore Bourse May Extend Friday's Gains

( - The Singapore stock market turned higher again on Friday, one session after it had ended the two-day winning streak in which it had climbed almost 25 points or 0.7 percent. The Straits Times Index now rests just below the 3,135-point ... ( read original story ...)