The Singapore stock market on Thursday ended the four-day losing streak in which it had tumbled more than 65 points or 2.2 percent. The Straits Times Index now rests just beneath the 3,175-point ... ( read original story ...)
Elon Musk to attend Bloomberg New Economy Forum in Singapore
Tesla CEO Elon Musk and Singapore were caught in an online spat over electric vehicles. Today not only has Singapore welcomed his electric cars to our shores, we’re also welcoming the controversial ... ( read original story ...)
Singapore VC firm Vickers Venture caught up in suspected nickel scam
Technology startup investor Vickers Venture Partners has been caught up in the allegedly fraudulent nickel trading scheme of a Singaporean businessman and his Envy Global Trading, prompting a review ... ( read original story ...)
US$953 mil Singaporean fund ensnared by alleged nickel fraud
Technology startup investor Vickers Venture Partners has been caught up in the allegedly fraudulent nickel trading scheme of a Singaporean businessman and his Envy Global Trading, prompting a review ... ( read original story ...)
Singapore Straits Times publisher to hive off media business
Singapore Press Holdings Ltd (SPH), which publishes the city-state's main newspaper, said on Thursday it would transfer its media business to a not-for-profit company as the unit struggles with ... ( read original story ...)
US$953mil Singaporean fund ensnared by alleged nickel fraud
Technology startup investor Vickers Venture Partners has been caught up in the allegedly fraudulent nickel trading scheme of a Singaporean businessman and his Envy Global Trading, prompting a review ... ( read original story ...)
UOB’s Q1 profit rises 18% on lower impairment charges
SINGAPORE: United Overseas Bank, reported an 18% rise in first-quarter net profit on Thursday (May 6), boosted by strong fee income growth, a ... ( read original story ...)
UOB Q1 profit rises 18% to $1 billion, beating expectations
UOB, like DBS Group last week, posted a strong start to 2021 with broad-based growth driven by record fee income.. Read more at straitstimes.com. ( read original story ...)
Adrian Pang and Nathan Hartono on banking, fondling mangoes and acting in DBS miniseries Sparks
The duo will act against each other in an episode in the second season Sparks, which premieres online next Tuesday.. Read more at straitstimes.com. ( read original story ...)
Monde Nissin gets investor commitments for $1-B IPO
Philippine food maker Monde Nissin Corp has secured investor commitments for a $1 billion initial public offering (IPO) at P13.50 ($0.28) each, in what would be the country’s biggest IPO on record, ... ( read original story ...)
Ex-Facebook, Amazon Video execs join $1.6m round of Singapore fintech startup
Singapore-based Fewcents, a fintech startup that provides alternative monetization solutions for digital publishers and creators, said it has raised US$1.6 million in seed funding. The round saw ... ( read original story ...)
There’s a need to recognise that finance can be a force for good: ABC World Asia
ABC World closed its first fund in January 2020 raising a total of $303 million. It has deployed $73 million so far. ( read original story ...)
Global Payments Fintech Adyen Acquires Approval from MAS to Perform Merchant Acquistion Services in Singapore
Global payments Fintech Adyen acquires approval from MAS to perform merchant acquistion services in Singapore. ( read original story ...)
Finance sector to create 6,500 jobs in 2021
Approximately 6,000 of these new jobs will be permanent positions. Financial institutions in Singapore are expected to create 6,500 jobs for 2021. This is according to Monetary Authority of Singapore ... ( read original story ...)
10 active Covid-19 clusters in Singapore: New case on Wednesday links to earlier cases at Pasir Panjang Terminal
SINGAPORE - The sole Covid-19 community case reported on Wednesday (May 5) was linked to three earlier cases at Pasir Panjang Terminal, forming a new cluster.Singapore now has 10 active Covid-19 ... ( read original story ...)
Singapore lender UOB’s Q1 profit jumps 18% on lower impairment charges
United Overseas Bank UOBH.SI, Singapore's smallest listed lender, reported an 18% rise in first-quarter net profit on Thursday, supported by strong fee income growth and a decline in impairment ... ( read original story ...)