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Tag: 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 ...

Posted on 12/08/2024

Why living in Singapore is the most expensive in Southeast Asia; Gruelling Johor-Singapore commute revealed in viral video: Singapore live news

Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online.

Posted on 12/08/2024

Singapore medtech startup raises US$7 million to expand accessible respiratory care globally

SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. Read more at The Business Times.

Posted on 12/08/2024

DBS, UOB or OCBC: Which Singapore Bank Should You Pick for Your Investment Portfolio?

We compare the three banks after they released their latest earnings to see which makes the best pick for your portfolio. The post DBS, UOB or OCBC: Which Singapore Bank Should You Pick for Your ...

Posted on 12/08/2024

Malaysia IPOs jump as economy improves and investors return to the stock market

There were 28 initial public offerings on Bursa Malaysia in the first seven months of the year. Read more at straitstimes.com.

Posted on 12/08/2024

Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong

SINGAPORE banks continue to shore up against market volatility and impending rate cuts, even as their earnings remain ahead of expectations. Read more at The Business Times.

Posted on 11/08/2024

DBS chief Piyush Gupta to step down; Tan Su Shan to take the top job

He will be succeeded by Ms Tan Su Shan, who was appointed on the same day as deputy CEO, in addition to her current role as group head of institutional banking. She will succeed Piyush Gupta as CEO ...

Posted on 11/08/2024

Me & My Money: Her first investment failed, but fintech firm exec says investing early is no mistake

Investing from a young age allows one to take advantage of dollar-cost averaging. Read more at straitstimes.com.

Posted on 11/08/2024

Guide To Understanding Secondary Listings On The Singapore Exchange (SGX)

Secondary listings on the SGX is one way for companies to reach out to a wider investor base and to attract more capital to the company

Posted on 10/08/2024

First Brunei-managed fund debuts in Singapore

Securities Sdn Bhd (BIBDS) launched the SGD-Hedged share classes (both accumulation and distribution classes) for the Lion-BIBDS Islamic Enhanced Liquidity Fund in Singapore recently.

Posted on 10/08/2024

Top Stock Market Highlights of the Week: DBS Group, Sembcorp Industries, Berkshire Hathaway and Apple

Welcome to this week’s edition of top stock market highlights. DBS released its second quarter of 2024 (2Q 2024) earnings earlier this week. Singapore’s largest bank saw total income rise 9% year on ...

Posted on 09/08/2024

Singaporeans slam vitriol against Piyush Gupta as he prepares to exit DBS

While many Singaporeans congratulated Mr Gupta for a job well done at DBS, a vocal minority on social media have responded by spewing xenophobic and racist vitriol.

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