It comes as European and Asian regulators probe Standard Chartered over the role staff may have played in transferring the client assets from Guernsey to Singapore before new tax transparency rules were introduced, people with knowledge of the probes have ... ( read original story ...)
Good guy sees more than $1k in cash left at a POSB ATM, returns money to the bank
The next day, he returned everything to POSB’s Marsiling branch, reported Channel NewsAsia. Heryasin, an infocommunications specialist at the Inland Revenue Authority of Singapore, revealed that the bank subsequently called to update him when the money ... ( read original story ...)
HSBC tops Asiamoney’s New Silk Road Finance Awards
part of the Kunming-Singapore Rail Link, was also awarded Best Overall Project/Initiative for BRI. HSBC was mandated as the principal bank to the project, providing comprehensive trade finance, cash management and foreign exchange services. Peter Wong ... ( read original story ...)
SATS Ltd’s Stock Price Is Near A 52-Week Low Now: Is The Stock Cheap?
(The higher the yield is, the lower a stock’s valued.) In sum, we can argue that SATS is currently priced at a steep premium to the market given its significantly ... Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies ... ( read original story ...)
Renewed Support Tipped For Singapore Shares
(RTTNews.com) - The Singapore stock market on Tuesday ended the three-day winning streak in which it had gathered almost 55 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,290-point plateau although it may bounce higher again on ... ( read original story ...)
China to Flex Market Muscles in First Dollar Bond Since 2004
Singapore-based head of credit strategy at Australia & New Zealand Banking Group Ltd. "Initially the market will price at a discount to intra-regional peers such as Korea." While both Moody’s and S&P flagged concerns over China’s continuing buildup of ... ( read original story ...)
Impending elections keep stock market investors on the sideline
Wellington Management Singapore investment director Andrew Sharp-Paul said the markets are restless because of the changes in the role of central banks as active participants in the asset markets. “One of the key drivers of uncertainties in the market ... ( read original story ...)
If October Is A Smooth Ride, Enter The Market With Courage!
The US stock market performance in October has been not bad However ... China’s market outlook after the 19th National Congress of the Communist Party of China The Singapore property sector outlook Which stocks to consider and which stocks to avoid? ( read original story ...)
Good Samaritan returns $1,190 found at ATM machine, draws praise from netizens and minister
SINGAPORE - A good Samaritan has drawn praise from netizens ... for about 10 to 15 minutes for the guy to return but he did not show up. Mr Laudi called POSB to report the cash found and was advised to go to any POSB branch the next day. ( read original story ...)
Amber Park project may sell for up to $2,400 psf when launched: OCBC
SINGAPORE (Oct 9): OCBC Investment Research is maintaining its “buy” call on City Developments Limited (CDL) while raising its fair value estimate to $12.90 from $12.39 previously after factoring in its recent site acquisition as well as firmer ... ( read original story ...)
Good returns the $1k in cash left at a POSB ATM to the bank
The next day, he returned everything to POSB’s Marsiling branch, reported Channel NewsAsia. Heryasin, an infocommunications specialist at the Inland Revenue Authority of Singapore, revealed that the bank subsequently called to update him when the money ... ( read original story ...)
Man Left $1,190 in ATM But Thankfully, The Amount is Returned
It’s a community-driven page to strengthen the bond in Johor and Singapore. What a neat group. Back to the story. The person in front of me was rushing out from POSB ATM machine at Woodlands Town Center without taking his money ($1190). Unfortunately ... ( read original story ...)
DBS Group Holdings Ltd’s Strategy For Growth
DBS Group Holdings Ltd (SGX: D05) is Singapore’s largest bank. With total assets of S$487 billion and a market capitalisation of around S$55 billion, investors may be wondering how the bank could continue to grow. In DBS’s latest 2016 annual report ... ( read original story ...)
Singapore’s finance, accounting professionals say they are not prepared for future job demands: Survey
SINGAPORE - Singapore's finance and accounting professionals say they are not prepared for future job demands amid disruptions in the economy and lack workplace support to develop the necessary skills, according to a survey by Ernst & Young and CPA Australia. ( read original story ...)
Singapore’s data centre rental market is tenant-favourable
Singapore’s data centre rental market is tenant-favourable, says the 1H2017 Asia Pacific Data Centres Marketview report by CBRE Research. However, there has been less pressure on occupancy as supply eases, with only 18 megawatts (MW) of new deliveries in ... ( read original story ...)
50 Startups: Central Bank Director Touts Singapore as Blockchain Hub
A senior official for Singapore's de facto central bank says that as many as 50 startups in Singapore are working with blockchain. During a speech yesterday, Monetary Authority of Singapore (MAS) managing director Ravi Menon said that dozens of new ... ( read original story ...)