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Tag: finance

Posted on 12/08/2024

Former Singapore wine executive arrested in S$12M Bordeaux En Primeur wine scam after evading authorities for 13 years

SINGAPORE: A former executive of a Singapore wine investment firm has been arrested after evading... The post Former Singapore wine executive arrested in S$12M Bordeaux En Primeur wine scam after evad ...

Posted on 12/08/2024

IPO Roundup: WeRide, Innovation Beverage Group and more

The U.S. IPO pipeline ahead remains thin as markets await more data to get a better picture of the economic landscape. Later in the week, investors will brace for the monthly consumer price index data ...

Posted on 12/08/2024

China’s autonomous vehicle startup WeRide seeks US IPO at $5B valuation

About $100 million of that would come from the IPO and around $200 million to $300 million in ... The company holds permits to operate autonomously in China, the UAE and Singapore. It also has permits ...

Posted on 12/08/2024

StanChart Cutting About 20 Jobs in Revamp of Lender’s M&A Team

Standard Chartered Plc is cutting about 20 jobs across places like London and Singapore as the lender restructures its mergers and acquisitions team by absorbing bankers focused on industry coverage, ...

Posted on 12/08/2024

Best Credit Card Promotions in Singapore (Aug – Sep 2024): Citibank, DBS, HSBC, UOB, and More

The POSB Everyday Card is a straightforward cash rebates card ... [ms_related_articles] The post Best Credit Card Promotions in Singapore (Aug – Sep 2024): Citibank, DBS, HSBC, UOB, and More appeared ...

Posted on 12/08/2024

Singapore stocks fall amid rise in Asian stock markets; STI down 0.8%

SINGAPORE - Local stocks fell on Aug 12 amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...

Posted on 12/08/2024

Singapore stocks decline amid shift in interest rate expectations; STI down 0.8%

SINGAPORE stocks fell on Monday (Aug 12) amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...

Posted on 12/08/2024

Card payments in Singapore to grow by 14.3% in 2024, forecasts GlobalData

Ravi Sharma, Lead Banking and Payments Analyst at GlobalData, comments: “Singapore’s payment card market is innovative and rapidly growing. Efforts from the government, financial authorities, and ...

Posted on 12/08/2024

Pregnant teen admits to opening bank account used to launder over S$145,000 in scam proceeds

SINGAPORE: A 17-year-old girl, who was promised a monthly payment of S$200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

Posted on 12/08/2024

StanChart cutting about 20 jobs in Singapore, London in revamp of lender’s M&A team

Standard Chartered is cutting about 20 jobs across places like London and Singapore as the lender restructures its mergers and acquisitions team by absorbing bankers focused on industry coverage, ...

Posted on 12/08/2024

Minister Indranee Rajah on whether Singapore will consider increasing its current childcare leave provisions

Given Singapore's ongoing efforts to support parents and encourage higher birth rate, Prime Minister and Minister for Finance Lawrence Wong was recently asked in a Parliamentary query if the Finance ...

Posted on 12/08/2024

Pregnant teen admits to opening bank account used to launder over $145k in scam proceeds

SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

Posted on 12/08/2024

A Simple Analysis Of NTUC’s Income Insurance Sale To Allianz

NTUC is selling a majority stake in Income Insurance to Allianz for $2.2 billion - which will value the insurer at around $4.4 billion.

Posted on 12/08/2024

Insurer tries to split S$39,000 bill for ‘questionable’ work injury claim with co-insurer, court rejects bid

The construction worker was covered by two insurance companies, but only one - HSBC Life (Singapore), previously known as AXA Insurance - took part in contesting the claim. After reaching a ...

Posted on 12/08/2024

Pregnant teen admits opening bank account used to launder over $145k in scam proceeds

SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

Posted on 12/08/2024

Singapore stocks fell on Monday’s open—STI dropped 0.3%

In the broader market, there were 86 gainers compared to 46 losers, with 46.2 million securities worth S$89.9 million traded ...

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