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Tag: finance

Posted on 15/05/2024

Singapore shares fell on Wednesday—STI dipped by 0.4%

SINGAPORE: Singapore shares fell on Wednesday morning due to declines among index counters after a... The post Singapore shares fell on Wednesday—STI dipped by 0.4% appeared first on The Independent S ...

Posted on 15/05/2024

Bank of Singapore ‘bullish on Hong Kong’ as it hires bankers to tap growth opportunities in China, CEO says

Bank of Singapore, the private banking unit of Oversea-Chinese Banking Corp (OCBC), is expanding its family office business in Hong Kong, as it is bullish about its growth prospects in the city and ...

Posted on 15/05/2024

Standard Chartered completes Euro-denominated cross-border transactions on Partior network

First Euro settlement bank to go live on global unified ledger for clearing and settlement Singapore – Standard Chartered today announced the successful completion of Euro-denominated cross-border ...

Posted on 15/05/2024

$3b money laundering case: 6th man gets jail and forfeits $180m, highest amount of assets seized

The accused in Singapore’s $3 billion money laundering case who faced the most number of charges has also forfeited the most amount of assets seized to the state. Vang Shuiming, 43, was sentenced to ...

Posted on 15/05/2024

Commentary: Lawrence Wong as Prime Minister and Finance Minister – it could give him an advantage

Lawrence Wong will remain Finance Minister after he becomes Prime Minister on Wednesday (May 15). Double-hatting gives him the opportunity to front the next Budget before the General Election is ...

Posted on 15/05/2024

Singapore To Swear In Lawrence Wong As New Prime Minister

"The core principle of what Singapore is about will remain because it is a system that has worked for many years. But I think his style may be slightly different because he comes from a different ...

Posted on 15/05/2024

End of Lee era for Singapore as PM steps down

After 20 years in power Lee Hsien Loong is stepping down, marking the end of a political era for the tiny island nation.

Posted on 15/05/2024

Lawrence Wong set to take centre stage as Singapore’s new prime minister

Singapore – For the first time in 20 years, Singapore will inaugurate a new prime minister, Minister for Finance and Deputy Prime Minister Lawrence Wong, who will take the reins of power in a ceremony ...

Posted on 15/05/2024

Asia Minute: Singapore’s new PM does more than play Taylor Swift songs

For the first time in two decades, Singapore is getting a new leader. The new prime minister will be sworn in on Wednesday — but don't look for any radical changes. HPR's Bill Dorman has more in today ...

Posted on 15/05/2024

$3b money laundering case: Man gets jail, forfeits highest amount of assets seized

Vang Shuiming, 43, was sentenced to 13 months and six weeks’ jail after pleading guilty on May 14 to two counts of money laundering and one count of submitting a forged document to a bank. Nineteen ...

Posted on 15/05/2024

Singapore E-Commerce Giant Sea Is Up After Topping Estimates

Shares of Sea Ltd. jumped after the Southeast Asia e-commerce giant reported first-quarter earnings that exceeded analysts’ estimates, a sign that it has been successfully navigating fierce ...

Posted on 15/05/2024

HSBC launches life insurance protection with investment plan, targeting high & ultra-high net worth individuals

SINGAPORE: HSBC Life Singapore launches its latest offering, the HSBC Life Diamond Prestige IUL, aimed... The post HSBC launches life insurance protection with investment plan, targeting high & ultra- ...

Posted on 14/05/2024

Billionaire Wee Family’s UOL Offers Top Bid Of $595 Million For Prime Singapore Site

A consortium led by billionaire Wee family's UOL Group submitted the top bid of $595 million for a prime site in the western Singapore town of Holland Village.

Posted on 14/05/2024

Deutsche Bank joins Singapore’s asset tokenization project

Deutsche Bank will test an interoperable blockchain platform as part of its new role in Singapore’s tokenization and DeFi project, Project Guardian.

Posted on 14/05/2024

OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors?

OCBC has made an offer for insurer Great Eastern Holdings. Will this move benefit the lender? The post OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors? appeared ...

Posted on 14/05/2024

Best Bank Offers in Singapore (May 2024): $158 Singapore Airlines Flights, Win $12,000 NTUC shopping vouchers, and More

but you could stand to win up to $33,000 if you take part in the 43rd UOB Painting of the Year competition. Open to all Singapore Citizens and Singapore Permanent Residents, whether you're an ...

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