The online retailer, which was founded in China but is now headquartered in Singapore, is working with Goldman Sachs ... a valuation of as much as US$90 billion (S$120 billion) in a US IPO, Bloomberg ...
Shein files confidentially for US IPO
FAST-FASHION retailer Shein has filed confidentially with US regulators for an initial public offering that could take place next year, according to a person familiar with the matter. Read more at The ...
Singapore banks say money laundering risks up after $2B scandal
The scandal, uncovered in August, has exposed Singapore’s largest bank, DBS, as well as reportedly extending to foreign banks like Credit Suisse. Respondents to the survey indicated risks posed by ...
Singtel is next S’pore stock to be traded on Thailand bourse under depository receipt linkage scheme
This comes after Singapore Airlines made its debut on the Thai stock market in September 2023. Read more at straitstimes.com.
DBS, OCBC, UOB customers can lock up savings to guard against scams; funds must be unlocked in person
SINGAPORE: DBS, OCBC and UOB on Monday (Nov 27) announced new money-locking features for customers to guard against scams. Customers will be able to lock up their funds using their app or internet ...
$12m lawsuit: Snap Innovations’ then MD ‘likely’ signed investor guarantee, says handwriting expert
Greek investor Georgios Baizanis is suing the parties for breach of a corporate guarantee, which resulted in him losing millions in investments. Read more at straitstimes.com.
OCBC, UOB, DBS to allow customers to lock savings for in-person withdrawal only
CUSTOMERS of the three local banks will soon be able to lock their savings. Locked funds cannot be digitally used or moved, and physical verification will be required to unlock these, said OCBC, UOB ...
Tata Technologies IPO: Check Today’s GMP Status; Share Allotment Likely Tomorrow
As per reports, the Tata Technologies latest GMP suggests a premium of Rs 414, suggesting that the scrip will have a stellar debut on its stock market listing.
Customers of Singapore’s DBS/POSB, UOB and OCBC banks can now ‘lock up’ money that can’t be withdrawn online
SINGAPORE — Customers of DBS/POSB, UOB, and OCBC bank can now "lock up" their money in bank accounts that will not allow the funds to be digitally transferred out. The security feature, which will ...
Scam prevention: DBS, OCBC and UOB customers can ‘lock up’ savings from online transactions starting this week
UOB, OCBC and DBS Bank customers can lock up funds in their bank accounts to block the money from any digital transaction starting this week. The feature, which will allow money locked up to be ...
Singapore warns on risks, weaknesses to global financial stability
Deepening debt, elevated rates, geopolitical tensions and a slowing Chinese economy were all cited in the Monetary Authority of Singapore’s annual Financial Stability Review.
DBS, OCBC and UOB introduce money-locking features to protect against scams
SINGAPORE — DBS, OCBC and UOB on Monday (Nov 27) announced new money-locking features for customers to guard against scams.
Singapore companies, banks remain financially resilient even as borrowing cost rise: MAS
But risks from higher interest rates, tighter financial conditions, and geopolitical uncertainty remain elevated. Read more at straitstimes.com.
UOB, OCBC and DBS customers can soon ‘lock up’ savings for in-person withdrawal only
The feature is designed to prevent fraudsters from siphoning money out of a hacked account. Read more at straitstimes.com.
DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases
Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.
UOB, OCBC & DBS letting customers ‘lock up’ money in bank accounts in anti-scam move
UOB, OCBC and DBS Bank customers can soon lock up the money in their bank accounts to stop any digital transactions in an anti-scam move. UOB and OCBC will roll out the feature on Nov. 30. DBS Bank ...