STOCK markets on Tuesday (Dec 26) were a mixed bag of results, as hopes of interest rate cuts – on the back of subdued inflation data in the US – sparked investor optimism, but investors chose to ...
Jail for man who helped childhood friend cheat scam victims, used bank accounts to funnel ‘dirty money’
Even though he suspected that his childhood friend might be getting funds from illegal activities, Brandon Phua Zhi Wen still agreed to help him out by withdrawing a total of S$40,000 in cash.
UOB Vietnam bank raises charter capital by 60%
UOB Vietnam, wholly owned by Singapore’s United Overseas Bank (UOB), has increased its charter capital by 60% to VND8 trillion ($329 million) through a capital injection from its parent bank.
Here are the top 3 Singapore blue chip stocks in 2023
In fact, the top 3 blue-chip stocks in Singapore saw their share prices gain by 13% to 49% over the same period. Blue-chip stocks are well-known for their resilience and are so named because they have ...
Singapore warns of scammers impersonating central bank officers
About 41 individuals have fallen victim to scammers, with $2.6m in losses. The Monetary Authority of Singapore (MAS) and the Singapore Police Force (SPF) has warned the public of scammers pretending ...
Singapore’s most influential lawyers under 40
One of this year’s awardees assisted in Singapore’s largest money laundering investigation. In search of the best lawyers in the country, Singapore Business Review reached out to over 20 legal firms ...
Coffee chains are crowding Singapore in hopes of jumpstarting their global expansions
Singapore's prominence as a global financial hub has attracted international coffee chains to the country despite an already competitive market.
Singapore ranks 3rd in latest global rich list
SINGAPORE: Singapore has secured the third position in the latest ranking of the world’s wealthiest... The post Singapore ranks 3rd in latest global rich list appeared first on The Independent Singapo ...
The 11 Big Trades of 2023: From market busts to career-making wins
Short-seller attacks on Adani’s empire in India took a surprising turn. Crypto diehards got a shot of redemption. So-called bubbles, like ESG, deflated. The irresistible force behind much of the ...
Companies remove directors and shareholders linked to RM9.8bil money laundering probe in Singapore
Companies that listed foreigners who were later linked to a S$2.8 billion (RM9.8 billion) money laundering probe have removed the individuals from their list of directors and shareholders, a search of ...
Market resumes Santa Claus rally heading into final week of 2023
SINGAPORE - After hitting midweek turbulence, the stock market’s Santa Claus rally resumed on Dec 21 and 22, gathering steam heading into the final week of the year. While the brief pullback on Dec 20 ...
Companies remove directors and shareholders linked to $2.8b money laundering probe
SINGAPORE - Companies that listed foreigners who were later linked to a $2.8 billion money laundering probe have removed the individuals from their list of directors and shareholders, a search of ...
Why invest in Singapore T-Bills?
SINGAPORE: Singapore Treasury Bills, or T-bills, are a good option for a short-term and low-risk investment while trying to diversify portfolios. But why should you invest in Singapore T-Bills?
Elderly woman loses $20k after being duped into risky investment by bank employee
The woman wanted to put $100k in a fixed deposit account but was convinced by the employee to buy an investment product. Read more at straitstimes.com.
Urgent calls from the police or the bank? Here’s how to know if it’s a scam
John (not his real name), 59, thought he was helping the police. A series of urgent phone calls from supposed authorities – two “police officers”, a “court official”, and an “auditor” claiming to be ...
Should I invest in Singapore T-Bills? (December 2023 to January 2024)
So, you’ve got a bit of spare cash lying around and you’re looking to invest it before you accidentally spend it on a virtual reality headset. But life is too short to burn your weekends researching ...