Raul Randhawa, who tendered his resignation in October 2023, has made full restitution. Read more at straitstimes.com.
Indian-origin man spends nearly Rs 19 lakhs with corporate credit card, jailed in Singapore
An Indian-origin Singaporean was sentenced to four months of imprisonment on Wednesday after he pleaded guilty to one count of criminal breach of trust by using a corporate credit card for personal ...
Jail for man who used corporate credit card to make unauthorised transactions involving nearly $30k
Raul Randhawa, who tendered his resigned in October 2023, has made full restitution. Read more at straitstimes.com.
OCBC becomes first Singapore bank with institutional intraday lending capacity
The move will enable the bank to deploy and maximise returns from its excess intraday liquidity, said OCBC in its Oct 30 statement.
OCBC Becomes First Singapore Bank to Use Blockchain for Intraday Lending
OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchain technology.
Standard Chartered to double down on wealth management as profit beats forecasts
Standard Chartered is to double investment in its wealth management arm as the bank beat estimates for its third-quarter profit and boosted plans for shareholder returns.
Singapore gov’t to invest $204m to boost national supercomputing prowess
here in Singapore, in our region, and around the world.” He added: "With continued investment in high-performance computing, strategic partnerships, and a strong focus on developing experts, we are ...
Singapore shares edged down on Wednesday morning—STI fell by 0.1%
In the broader market, 78 stocks gained while 50 declined, with approximately 53 million shares worth S$86.3 million traded ...
MAS sets up finance and technology network to be chaired by Ravi Menon
THE Monetary Authority of Singapore (MAS) has established the Global Finance & Technology Network (GFTN) with its board to be chaired the central bank’s former managing director, Ravi Menon. Read more ...
Departing HSBC Europe Executive to Join Serendipity Board
Colin Bell, who is stepping down from running HSBC Holdings Plc’s European operations at the end of the year, will join the board of Singapore-based investment firm Serendipity Capital.
Singapore investors can now trade depository receipts of 5 Hong Kong blue chips on SGX
The Singapore Exchange (SGX) on Oct 30 announced that it is extending its Singapore Depository Receipt (SDR) coverage to include five Hong Kong-listed companies. These are Chinese tech giants ...
Analysts bullish on CLAR, OCBC increases TP to $3.32
Post 3QFY2024, CLAR has announced the divestment of its 21 Jalan Buroh property in Singapore at a divestment price of $112.8 million, a significant premium of 93.2% and 67.1% to both the asset’s ...
OKX names Standard Chartered as institutional third-party custody partner
OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the appointment of Standard Chartered, a leading international cross-border bank connecting the world’s ...
Bank of Singapore, iCapital launch alternatives platform
Bank of Singapore, the private banking arm of OCBC, has collaborated with global fintech firm iCapital to launch an alternative investment digital platform, FIM Alternatives Select, for the bank’s ...
Singapore’s Temasek Says Trump Win Would Slow Global Growth
Singapore’s state-owned investment firm is warning that a Donald Trump election victory might not necessarily be a plus for the world economy and financial markets.
Digital economy contributed almost 18% to Singapore’s GDP in 2023, surpassing finance and insurance sector
SINGAPORE: Singapore's digital economy contributed 17.7 per cent to the country’s gross domestic product (GDP) last year, overtaking the finance and insurance sector, according to new data released by ...