Tag: finance

TOKYO — A court in Singapore found a former private banker guilty Wednesday of trying to obstruct investigations linked to the indebted Malaysian State Fund 1MDB. The State Court convicted Yeo Jiawei, a former wealth planner at Swiss private bank BSI ... ( read original story ...)

The Singapore economy is going through a tough time, especially in the labour market. Going forward, many finance students and workers in the industry will find it increasingly difficult as the banking industry has been one of the hardest hit in terms of ... ( read original story ...)

Grab your DBS/POSB Credit or Debit Card and brace yourself for the wave ... Shop or even score 1-for-1 Night stays in One-Bedroom Garden Villas at Capella Hotel Singapore. ( read original story ...)

OCBC intends to pursue more opportunities in Asia and follow its clients deeper into ASEAN markets such as Indonesia and Myanmar, at a time when Singapore companies will be more compelled to expand overseas as growth at home slows, said the bank's chief ... ( read original story ...)

Since gaining its independence in 1965, Singapore has grown into a global powerhouse of trade and finance. In this article we explore the lending environment from a macro perspective, and explain what this means for individuals and businesses who are ... ( read original story ...)

This came as Fed raised policy rates by 25bp. According to Reuters, Singapore dollar bonds worth S$22 billion ($15.5 billion) are callable or due to mature next year, exposing issuers and investors to refinancing risks as borrowing costs rise in the US. ( read original story ...)

Due to weak demand from South West Pacific. Singapore Airlines ferried 1.52 million passengers last month, down 1.2% on a year-on-year basis. The drop was mainly due to an 8.1% reduction in demand from South West Pacific, which has been affected by ... ( read original story ...)

Singapore’s second-biggest bank says Brexit is not all bad news for UK financial services even as the sector braces for a mass exodus of foreign banks. Bank of Singapore is considering setting up a private bank in the UK, its chief executive Bahren ... ( read original story ...)

Standard Chartered is the latest bank to jump on the fintech crazy train in Singapore. Today it announced the interestingly capitalized eXellerator, a new enterprise acceleration and innovation hub located in the city state. The new lab will build on ... ( read original story ...)

The Singapore dollar will drop further to levels it reached during the global financial crisis of 2009, an analyst credited with accurately predicting central bank decisions in the past has said. Singdollar is likely to fall past $1.45 against the US ... ( read original story ...)

SINGAPORE: Former director at BSI Bank (Singapore) Yvonne Seah Yew Foong on Friday (Dec 16) pleaded guilty to charges stemming from Singapore’s probe into Malaysian scandal-hit state fund 1MDB. Seah, 45, pleaded guilty on Friday to three of seven charges ... ( read original story ...)

OCBC has the lowest level of NPLs of Singapore's three major banks. The bank has faced a declining NIM, but this is likely to improve with the rising SIBOR. The bank's GEH subsidiary will also benefit from rising rates and could see accelerated growth in ... ( read original story ...)

SINGAPORE (Reuters) - A Singapore court on Friday jailed a second former banker from Swiss wealth manager BSI on charges stemming from a money laundering investigation linked to state investor 1Malaysia Development Bhd (1MDB). Yvonne Seah, 45, was ... ( read original story ...)

14.6% surge in non-electronic products boosted NODX. It wasn't until last month when Singapore's non-oil domestic exports ended its long streak of declines with a surprise 11.5% jump. According to the latest data by the International Enterprise Singapore ... ( read original story ...)

This open-air restaurant and bar on the corner of Eng Hoon Street sports kitsch and quirky interiors, modelled on Singapore’s beloved old kopitiams (coffee shops) and European brasseries. Classic, local cooking and fusion dishes reflect the diversity of ... ( read original story ...)

... of the global financial crisis as the Monetary Authority of Singapore resumes easing policy in April. So says an analyst who’s correctly predicted the last three central bank decisions. The authority, which uses the currency as a tool to manage ... ( read original story ...)