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 ...
Singapore’s best FX bank: DBS
DBS is a leading financial services group in Asia, operating in 19 markets with headquarters in Singapore. The bank's dominant presence in Asia contributes to its competitive advantage in FX for ...
Singapore entertainment firm Neon mulling over IPO in 2025
A first-time share sale may raise $400 million to $500 million, the sources said. Read more at straitstimes.com.
Singapore launches 24-hour anti-scam hotline
The new hotline can channel callers to the seven major banks in Singapore if people suspect they have been scammed and want to freeze their bank accounts.
Singapore 6-Month T-bill yield drops to lowest level since 2022 amid US rate cuts, with analyst expecting further decline to 2.5% by mid-2025
SINGAPORE: On Thursday, Sept 26, Singapore’s six-month Treasury bill (T-bill) yield fell to its lowest level in over two years, marking a cut-off yield of 2.97 per cent per annum at the latest auction ...
Hong Kong’s ‘Cassette King’ sells The Center offices to DBS at discount amid property woes
Singapore’s largest banking group paid HK$700 million, or about HK$26,000 per square foot, for the 66th floor of The Center building in Sheung Wan.
Shein Singapore lays off over 20 employees amid restructuring and doubts about London IPO plans
Shein also indicated plans to enhance its operations in Singapore and is actively hiring for various positions.
HSBC enhances Premier offering for mass affluent
HSBC is expanding the features of its Premier offering for mass-affluent customers worldwide, focusing on the key areas of wealth, health, travel and international needs.