Sea, the Singapore-based Internet company, announced its intention to list its stock under ticker SE on the NYSE. Sea began as a gaming company called Garena in 2009, but has since expanded to include ecommerce and digital payment services. Garena is the ... ( read original story ...)
‘Virtual Terror’ Is the New Face of Terrorism and Cybercrime, Says Expert
Wagner noted some of his own experiences when he had his identity stolen while living in Singapore in 2002. He received a call from CitiBank saying he owed them $22,000 for two credit cards he never took out. “Someone had taken out my identity ... ( read original story ...)
Citi Ventures Invites 60 University Students From Hong Kong to Visit As Part of The Week-Long Fintech Bootcamp At Stanford
Angel Ng, Consumer Business Manager of Citibank Hong Kong stated ... the Chinese University of Hong Kong will visit the award-winning Citi Innovation Lab in Singapore, which focuses on exploring new ideas and service concepts for transaction banking ... ( read original story ...)
Singapore regulator takes ‘serious view’ of StanChart probe
Singapore’s financial regulator has said it takes a “serious view” of the issues Standard Chartered is under investigation for, and will “take firm action against any financial institution or individual” that breaches money laundering rules or ... ( read original story ...)
Indonesia probes Standard Chartered over $1.4bn transfer
JAKARTA (Reuters) -- Indonesia is investigating reports that $1.4 billion held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules ... ( read original story ...)
Indonesia says investigating StanChart US$1.4 billion transfer to Singapore
JAKARTA: Indonesia is investigating reports that US$1.4 billion held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules, officials said. ( read original story ...)
Standard Chartered under investigation for $1.4 billion transfer to Singapore
The Monetary Authority of Singapore (MAS) and the Guernsey’s Financial Services Commission were looking into the movement of assets in late 2015, months before the Channel Island adopted a global framework for the exchange of tax data. The transaction ... ( read original story ...)
3 Important Things For Investors To Know About DBS Group Holdings Ltd Now
DBS Group Holdings Ltd (SGX: D05) is Singapore’s largest bank by total assets. With US interest rates likely to rise going forward (given the fact that the Federal Reserve has signalled six rate hikes from now till end-2019), investors in Singapore are ... ( read original story ...)
OHR – OCBC’s New Home Loan Package: Is It Better Than DBS’s FHR?
Sick of playing catching with DBS’ home loan rate, OCBC has dropped their fixed deposit-linked home loan rate, the OCBC FDMR, and introduced a new OCBC Home Rate, or OHR. Yes, Singapore has yet another acronym to deal with, but in this case, it’s a ... ( read original story ...)
Stanchart’s transfer of private banking assets to Singapore comes under MAS’ scrutiny
SINGAPORE - The transfer of US$1.4 billion (S$1.9 billion) of private bank client assets from the English Channel isle of Guernsey to Singapore before new tax transparency rules were introduced has come under the scrutiny of the Monetary Authority of ... ( read original story ...)
Heng Swee Keat to attend G-20 finance ministers, central bank governors meeting in Washington
SINGAPORE - Finance Minister Heng Swee Keat will be in Washington, DC, from Oct 11 to 13 to attend a meeting of Group of 20 (G-20) finance ministers and central bank governors. He will also attend the annual meetings of the World Bank Group and ... ( read original story ...)
Diamonds: A Singapore Bourse Calls Them Portfolio Must-Have
When it comes to havens, investors usually think of gold or Treasuries. Now an exchange in Singapore is starting to trade a credit card-sized package of diamonds for those seeking a shelter from global risks. While bullion trades in standard weights and ... ( read original story ...)
HSBC is hiring for its new UK headquarters. Here’s how to get a job there
“We have already attracted people from London and from markets like Germany, Hong Kong and Singapore.” HSBC is committed to recruiting and retaining a diverse workforce in Birmingham, says Andrews. “Diversity is especially important because the ... ( read original story ...)
Singapore’s CDL bids for full control of Millennium & Copthorne Hotels
The company has in response stalled certain projects and in August reported stronger demand at its hotels in London and Singapore. Deutsche Bank and HSBC Bank acted as financial advisers to CDL, while Credit Suisse acted on behalf of M&C’s independent ... ( read original story ...)
Singapore’s City Developments offers to buy remaining M&C stake
Deutsche Bank and HSBC Bank are acting as financial advisers to CDL, while Credit Suisse is acting for M&C’s independent directors. Last week, CDL and its joint venture partner said they would buy a freehold residential site on Singapore’s east coast ... ( read original story ...)
honestly Shiok! – up to 50% off your favourite dishes with honestbee
With 5 restaurants across Singapore, Poulet has established itself as a fine ... Enjoy 1-for-1 movie tickets at Cathay Cineplex Cineleisure Orchard and Downtown East with your PAssion POSB Cards on 10 Oct 17 ( read original story ...)