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Tag: finance

Posted on 17/05/2024

Singapore’s billion-dollar money laundering case: Suspect gets six new charges over fake property sale, loan agreement papers

Su Jianfeng, one of the 10 suspects involved in Singapore’s billion-dollar money laundering probe, was on Thursday (May 16) slapped with six ...

Posted on 17/05/2024

Singapore shares edge up at Friday’s open; STI up 0.2%

SINGAPORE stocks began trading on Friday (May 17) morning in slightly positive territory despite a retreat in global markets. Read more at The Business Times.

Posted on 17/05/2024

‘No better player’ than GIC to help revitalise fortunes of Singapore stock market: observers

AS DEBATE over the need for a revitalisation of the Singapore Exchange (SGX) heats up, most market watchers that spoke to The Business Times believe it is time to “think out of the box”, and seriously ...

Posted on 17/05/2024

Haidilao restaurant operator Super Hi prices US IPO at US$19.56 per share

It plans to primarily use the proceeds from the offering to expand its Haidilao chain globally. Read more at straitstimes.com.

Posted on 17/05/2024

Singapore’s monetary policy should remain tight until inflationary pressures recede: IMF

Visiting IMF economist says intensified geopolitical conflicts could increase volatility in global energy and food prices. Read more at straitstimes.com.

Posted on 17/05/2024

Singapore’s first new PM in 20 years holds inaugural cabinet meeting

Singapore's first prime minister in 20 years held an initial cabinet meeting on Thursday after taking office with a pledge to sustain what he called the miracle of the wealthy city state amid an ...

Posted on 17/05/2024

Loan growth & higher fees prop up Singapore banks’ earnings in Q1

OCBC is forecasted to raise its final dividend to 44 Singapore cents in H2, representing a 5% increase. One future notable project that the bank may embark on is the redevelopment of the OCBC Centre, ...

Posted on 17/05/2024

‘Opportunistic’ OCBC seals tight tier two amid Asia demand-supply mismatch

OCBC Bank printed a landmark $500m 10 year non-call five tier two subordinated bond this week at the tightest spread globally for the structure, drawing the largest order book for a tier two by a ...

Posted on 16/05/2024

$3b money laundering case: Accused Su Jianfeng handed 6 new forgery charges; faces 12 charges in all

Su Jianfeng told investigators he made his money working as a property agent in Dubai. Read more at straitstimes.com.

Posted on 16/05/2024

Police, DBS recover over $170,000 transferred to UAE account by 70-year-old scam victim

The victim had been prompted by a pop-up alert on her computer telling her to contact a fake Microsoft hotline. Read more at straitstimes.com.

Posted on 16/05/2024

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

S$450 Lendlease E-Vouchers, up to 85,000 miles...and the list goes on. Clearly, we're spoilt for choice when it comes to credit card promotions these days. Lucky for you, banks offering credit cards ...

Posted on 16/05/2024

Deutsche Bank Partners with Singapore’s Central Bank on Pioneering Asset Tokenization Project

Deutsche Bank, the German multinational banking and financial services company, has embarked on a groundbreaking collaboration with the Monetary Authority of Singapore (MAS) to advance asset ...

Posted on 16/05/2024

Billion-dollar money laundering case: Suspect gets 6 new charges over fake property sale, loan agreement papers

SINGAPORE: Su Jianfeng, one of the 10 suspects involved in Singapore's billion-dollar money laundering probe, was on Thursday (May 16) slapped with six new charges. The fresh charges are related to ...

Posted on 16/05/2024

S-REITs in ‘better shape’ than two years ago; CICT, MLT top picks: HSBC

HSBC favours stocks with embedded growth, like CICT; and REITs that have priced in most of the negative news, like MLT.

Posted on 16/05/2024

Singapore Airlines CEO Says Travel Out of China Not Yet Recovered

"Travel into China has been strong, travel out of China has not yet recovered fully," Singapore Airlines CEO Goh Choon Phong told media. He said the visa-free scheme between China and Singapore which ...

Posted on 16/05/2024

Money laundering accused Su Jianfeng slapped with six new charges for submitting forged documents to OCBC, Maybank

SU JIANFENG, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, was handed six new forgery and fraud charges on Thursday (May 16). He allegedly submitted forged ...

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