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Tag: finance

Posted on 25/09/2020

FinCEN leak: Billions of dollars in questionable transactions moved through Singapore

The FinCEN files include over 2,500 documents, mostly sent from banks to US authorities between 2000 and 2017, connected to financial crime, money laundering and illicit deals. These were leaked to ... ( read original story ...)

Posted on 25/09/2020

Google Pay vs Apple Pay vs Alipay – What’s the Difference for a Singaporean?

Head to China and you’ll realise that people there are totally comfortable making payments with their mobile phones. All they have to do is download mobile wallet app Alipay, and then beep their ... ( read original story ...)

Posted on 24/09/2020

UOB simplifies digital payments on various apps, lets customers use rewards to offset utility bills

SINGAPORE - United Overseas Bank (UOB) has launched a new partnership ecosystem, making it simpler for customers to make payments on various apps and use rewards points to offset their utility bills. ( read original story ...)

Posted on 24/09/2020

Singapore faces further deflationary pressure – UOBC

Lower prices in clothing & footwear continued (17th straight month of decline), while transport prices softened for its 5th consecutive month.” “Official rhetoric by the Monetary Authority of ... ( read original story ...)

Posted on 24/09/2020

Renewed Selling Pressure Predicted For Singapore Stock Market

(RTTNews) - The Singapore stock market on Wednesday ended the four-day losing streak in which it had stumbled more than 40 points or 1.7 percent. The Straits Times Index now sits just above the ... ( read original story ...)

Posted on 24/09/2020

DBS PayLah! and Standard Chartered customers can now transfer funds using Google Pay

SINGAPORE - DBS PayLah! and Standard Chartered customers can now use Google Pay to transfer funds directly from their bank accounts to anyone registered with PayNow. The two banks are the latest to ... ( read original story ...)

Posted on 24/09/2020

DBS Bank says “very difficult” to stop questionable transactions

Among the banks in Singapore that handled these questionable transactions are DBS Bank, CIMB Bank and Deutsche Bank. These transactions, however, do not automatically mean that wrongdoing has been ... ( read original story ...)

Posted on 24/09/2020

Singapore Blue-Chip Veteran to Raise Funds for New Venture Firm

(Bloomberg) -- Koh Boon Hwee, one of Singapore’s most prominent executives, is teaming with four fellow investors to try and raise $100 million for a new venture firm targeting Southeast Asia. Koh, ... ( read original story ...)

Posted on 24/09/2020

Singapore, India bourses agree to end dispute, push trading link

SINGAPORE (BLOOMBERG) - The Singapore Exchange (SGX) and the National Stock Exchange of India (NSE) are formally ending a years-long disagreement related to derivatives trading, with the two bourses ... ( read original story ...)

Posted on 24/09/2020

MarketAxess hires ex-Standard Chartered executive as Asia Pacific head

US electronic fixed income trading service provider MarketAxess Holdings has hired Riad Chowdhury, a former senior executive at Standard Chartered Bank, to be its Asia Pacific head. Based in Singapore ... ( read original story ...)

Posted on 24/09/2020

First American Full-Length Play Written for Streaming, WAITING FOR THE HOST, to be Made Available for Viewing

New York playwright Marc Palmieri was asked by a local Queens church to read the role of Jesus in a Zoom recording of the Passion, to stream during its pandemic-lockdown on-line Easter services. ( read original story ...)

Posted on 23/09/2020

UOB Kay Hian Selects Pico to Deliver its Singapore-Based Next-Generation Trading Platform

Pico, a leading provider of technology services for the financial markets community, today announced it has been selected by one of Asia’s largest brokerage firms, UOB Kay Hian, to provide managed ... ( read original story ...)

Posted on 23/09/2020

CNBC Exclusive Transcript: Bill Winters, Group CEO, Standard Chartered

Nancy Hungerford (NH): I'm delighted to say we are joined by another Singapore Summit attendee that is Bill Winters, the Group CEO at Standard Chartered, who joins us, virtually, in fact, from Seoul ... ( read original story ...)

Posted on 23/09/2020

Singapore’s PayNow offers seamless billing, instant payment

Businesses will now be able to bill and make payment to one another in seamless online fashion, as Singapore continues its digital push amid the Covid-19 pandemic. ( read original story ...)

Posted on 23/09/2020

Keppel, DBS ink deal to work on 5G and other digital business solutions for clients

SINGAPORE - Singapore blue chips Keppel Corp and DBS will jointly explore new digital opportunities to meet customers' and suppliers' needs, under a memorandum of understanding (MOU) unveiled on ... ( read original story ...)

Posted on 23/09/2020

Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures

Syfe, a Singapore-based startup that wants to make investing more accessible in Asia, announced today that it has closed a SGD $25.2 million (USD $18.6 million) Series A led by Valar Ventures, a ... ( read original story ...)

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