Across the broader market, losers beat gainers 332 to 257, while regional markets were mixed. Read more at straitstimes.com.
UOB forecasts 6% GDP growth for Vietnam in Q2
In 2025, UOB expected the Vietnamese economy to grow at 6.4% Recent economic indicators affirm positive outlook for the Vietnamese economy. The manufacturing purchasing managers’ index (PMI) remained ...
UOB Thailand appoints Richard Maloney as CEO
SINGAPORE - UOB appointed Richard Maloney as the new chief executive officer of its Thailand operations, effective July 1. Mr Maloney will succeed Tan Choon Hin, who will return to Singapore to be ...
UOB Thailand appoints new chief executive
UOB appointed Richard Maloney as the new chief executive of its Thailand operations, effective Jul 1. Read more at The Business Times.
Banks in Singapore tighten management after 3-billion-USD money laundering case
Banks in Singapore, including Citigroup and DBS Group Holdings, are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows.
Citi, DBS Reportedly Entangled in Singapore’s Money Laundering Case
Citi (C.US) and DBS, which are entangled in Singapore's biggest money laundering scandal, are stepping up scrutiny of wealthy clients and potential customers to avoid illicit m... Private bankers at a ...
Google to invest US$5 billion to complete next phase of Singapore Data Center and Cloud Region campus expansion
Google announced the completion of its latest data center and cloud region campus expansion in Singapore. This milestone brings the company's total investments in technical infrastructure in the ...
Standard Chartered targets double-digit annual growth in international banking over next 3 years
SINGAPORE: Standard Chartered aims to expand its international banking business, as revealed by James Lye, the head of the bank’s international banking division, in a recent press interaction on June ...
OCBC going bigger on tech as it looks to support Chinese firms
SHENZHEN: OCBC Bank’s plan to expand its software engineering team will give a leg up to the lender’s corporate banking business, says its executives in the high-tech hub of Shenzhen. Singapore’s ...
Private equity firms account for 51% of Singapore Technologies Engineering Ltd’s (SGX:S63) ownership, while individual investors account for 36%
We can see that Singapore Technologies Engineering does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of ...
From $354m to $382b: S’pore holding company grows as an active global investor
AT age 33, she took whatever work she could find, from repairing gunny sacks used to transport rice to cleaning the offices on Pulau Bukom, an offshore petrochemicals site. Read more at The Business ...
How Singapore-China business matchmaking and green finance initiatives facilitate trade and collaborations
Through green financing solutions, innovative partnerships, this finance platform promotes cross-border trade and supports companies to achieve ESG objectives Read more at straitstimes.com.
Singapore Banks Probe Rich Clients After Laundering Case
Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...
Top 20 Singapore-listed China-related stocks generate median total returns of 8.4% year-to-date
THE top 20 China-related stocks listed on the Singapore Exchange (SGX) generated median total returns of 8.4 per cent year-to-date, SGX market strategist Geoff Howie said in a market update on June 10 ...
Singapore banks probe rich clients after $2.2 billion money laundering case
Lenders aim to close loopholes used by criminals to launder $2.2b through Singapore banks Singapore’s government set up an inter-ministerial committee to review its anti-money laundering regime and ...
S$3 billion anti-money laundering bust wraps up with 10th and final individual jailed
IT WAS a whirlwind anti-money laundering bust involving billions of dollars that took Singapore by storm. Read more at The Business Times.