Rich customers from mainland China and Asia prefer to deploy their wealth in Hong Kong as they seek wider investment choices and better returns, which in turn is driving Citibank's international ...
Former Singapore oil mogul OK Lim to pay liquidators, HSBC $4.6 billion
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay $4.6 billion to the liquidators of his company and creditor HSBC, ending the multiyear civil cases against him and ...
New training programme for remisiers as part of efforts to boost Singapore stock market, transform profession
"I've been in the industry for 30 years already, it's one of the tougher times - toughest times, in fact," said Mr S Nallakaruppan, president of the Society of Remisiers (Singapore).
Singapore’s Science Centre picks creative agency for annual STEM event
The Singapore Science Centre has picked GOODSTUPH Singapore as its creative agency for Science Centre Singapore’s UNTAME Festival.
US$3.6 billion payout to HSBC, liquidators ends OK Lim’s civil cases in Singapore
Lim's legal troubles aren't over. He is due to be sentenced at a later date in a separate criminal trial for cheating and forgery offences Singapore's High Court approved former oil tycoon Lim Oon ...
Singapore stocks start the week with little change on Monday—STI slipped by 0.02%
In the US, Wall Street had a mixed close last Friday. Nasdaq and S&P indices fell slightly but stayed close to their recent peaks ...
Lim Oon Kuin agrees to $3.59 billion settlement with HSBC and liquidators
Singapore’s High Court approves a $3.59 billion settlement involving former oil tycoon Lim Oon Kuin, Hin Leong’s liquidators, and HSBC, ending years of civil litigation. Lim, who still faces criminal ...
Ex-Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multiyear civil cases ...
OK Lim and kids agree to pay US$3.5 billion to Hin Leong liquidators, top creditor HSBC; to file for bankruptcy
HIN Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better known as OK Lim – and his children, Evan Lim Chee Meng and Lim Huey Ching, have agreed to pay US$3.5 billion to the ...
HSBC expands Premier offering with health protection, future planner tool
HSBC has enhanced its Premier offering in Singapore and Hong Kong, delivering wealth management, health protection, international services, and lifestyle privil ...
Weekly Singapore Stock Market Round Up: STI Pulls Back after 17-year high
The STI reached a new peak but pulled back by the end of the week. DFI Retail Group continued to shine, while local banks and Yangzijiang Shipbuilding faced challenges. Wall Street's major indices ...
OCBC’s S$500 million plans for Punggol Digital District: 8-storey office, partnership with SIT
OCBC Bank will be investing S$500 million in the up-and-coming Punggol Digital District (PDD). It plans to build a new state-of-the-art facility: OCBC Punggol. OCBC will also have a "multi-million ...
How Singapore’s investor watchdog fought for small shareholders in China Aviation Oil scandal
Boardroom Knockout charts how the Securities Investors Association (Singapore) has navigated the country’s corporate scandals and crises.
Singapore’s Dragon Fund expects India to become its largest market
Dragon Fund expects to strike at least one or two deals every quarter, with several in Indian startups..The Singapore-based investment firm will target companies with good unit economics and a fixed ...
UOB run unites 25,000 participants across the region, raises S$2.4 million for 25 charities
ACROSS the region, some 25,000 UOB employees, customers and beneficiaries came together recently to raise S$2.4 million for 25 charities through the annual UOB Heartbeat Run. This run was held not ...
Jobless man says he’s getting only S$1.5K job offers in Singapore, so he tries out gambling as a side hustle; “ends up in S$20K+ debts”
"Friends influenced me to try out gambling... Is there any solution for someone like myself?" he asked for advice ...