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Tag: finance

Posted on 27/03/2024

UOB announces appointments to management team

Singapore-based lender UOB has made two appointments to its management team as part of its commitment to leadership development and career mobility.

Posted on 27/03/2024

Singapore asset managers can play key role in decarbonisation and digitalisation: MAS chief

He noted that they are well-placed to do so as they have always been in the forefront of change. Read more at straitstimes.com.

Posted on 27/03/2024

China’s flight suspensions are bad for Singapore ties

Flights between the city-state and China’s Chongqing and Chengdu will be halted less than five months after they began. For the second time in a year that the Singapore Airlines's flights to China hav ...

Posted on 27/03/2024

HSBC Earmarks US$150M for Venture Debt to Fuel Singapore’s Business Expansion

HSBC has earmarked US$150 million for its venture debt offering that is aimed at scaling high-growth companies in Singapore.

Posted on 27/03/2024

HSBC launches US$1 billion Asean growth fund

HSBC announced on Wednesday (Mar 27) the launch of a US$1 billion Asean growth fund for businesses looking to expand regionally, ...

Posted on 27/03/2024

HSBC reimburses $10K to woman after she reports unauthorised limit change and fund transfer

She made at least six follow-up calls to the bank and claimed that HSBC admitted to its error in handling her call ...

Posted on 27/03/2024

E-Commerce Giant Alibaba Halts Logistics Unit IPO As Valuation Slides

Alibaba Group is further retreating from a corporate overhaul announced a year ago by calling off an initial public offering for logistics unit Cainiao.

Posted on 27/03/2024

SBI, BOB, HDFC, ICICI Bank shares: Investors in Singapore, Hong Kong find PSB stocks interesting, say this on private lenders

Institutional investors, Nomura India said, largely believe that the worst may be behind for HDFC Bank share price. Most investors are also comfortable with a potential low-teens loan growth outlook o ...

Posted on 27/03/2024

Yen stabilises after finance minister comments, dollar dips

The yen found some stability on Tuesday, just shy of its weakest level in 34 years, as verbal intervention by Japanese officials continued, while the dollar was on the back foot. The euro was last up ...

Posted on 27/03/2024

HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia

HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London ...

Posted on 27/03/2024

Singapore’s money laundering accused slapped with 6 new fraud, forgery charges

The other five charges ranged from allegedly possessing S$2.4 million in criminal benefits generated from unlicensed moneylending operations in China, to submitting a forged bank statement to Citibank ...

Posted on 27/03/2024

S$3bil money laundering accused gets 6 new charges for submitting forged statements to Swiss bank

SINGAPORE: Vang Shuiming, one of the 10 accused in Singapore’s largest money laundering case, was handed six more charges on Wednesday (March 27).

Posted on 27/03/2024

$3b money laundering accused gets 6 new charges for submitting forged statements to Swiss bank

Vang now has 22 charges in total, the most number of charges faced among the 10 accused. Read more at straitstimes.com.

Posted on 27/03/2024

UOB names new global markets head and Hong Kong chief

Adaline Zheng, who was head of wholesale banking and alternate chief executive officer (CEO) at UOB China, took over as CEO of UOB’s Hong Kong branch on March 25.

Posted on 27/03/2024

3 Singapore Stocks with Share Prices at 52-Week Highs: Can Their Run Continue?

We feature three stocks hitting new 52-week highs to see if they can sustain their momentum. The post 3 Singapore Stocks with Share Prices at 52-Week Highs: Can Their Run Continue? appeared first on ...

Posted on 27/03/2024

Ant Group Announces Additional Investment in Singapore based ANEXT Bank

Alibaba’s Ant Group has committed another SGD 200 million investment into ANEXT Bank, its wholly-owned subsidiary and SME digital bank.

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