Four Singapore individuals have been sentenced for manipulating Koyo International Limited's share prices, resulting in approximately $3.28 million losses.
Singapore’s Economy Grew at Faster Pace in Second Quarter
SINGAPORE--Singapore's economy grew at a faster pace in the second quarter, as strong expansion in construction and services-producing industries outweighed a contraction in manufacturing.
Singapore narrowly avoids technical recession in Q2 as GDP grows 0.7% year on year, 0.3% quarterly
SINGAPORE’S economy grew 0.7 per cent year on year in the second quarter of 2023, dragged by a deeper downturn in the manufacturing sector, advance estimates from the Ministry of Trade and Industry ...
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% quarter-on-quarter, advanced estimates showed. Economists polled by Reuters expected to see ...
DBS NAMED WORLD’S BEST BANK FOR CORPORATE RESPONSIBILITY BY EUROMONEY
DBS, a leading financial services group in Asia, has been named the World's Best Bank for Corporate Responsibility in the prestigious Euromoney Awards for Excellence 2023. In the same awards, DBS was ...
Singapore’s State-Owned Investment Firm Vertex Venture Holdings Raises Over $900M For Its Latest Fund
Temasek Holdings Ltd., Singapore's state-owned investment firm, has raised over $900 million via its venture capital unit — Vertex Venture Holdings — for its latest fund, as reported by Nikkei Asia.
Citi PremierMiles Card Review—Citi Miles That Never Expire
The Citi PremierMiles Card used to be in the spotlight for the longest time: It was considered one of the most popular Citibank credit cards, and once upon a time, some even regarded it as the best ...
Month-long police-DBS operation prevents 3,900 from losing over $21 million through scams
SINGAPORE - A month-long joint operation by the Singapore Police Force (SPF) and DBS bank prevented more than 3,900 victims from losing over $21 million through scams, the police said on Thursday.
Impact of Basel IV on Singapore banks ‘manageable’: Bloomberg
Capital in Singapore banks looks to remain ‘robust’ in second half of the year as well, says Bloomberg Intelligence's Rena Kwok.
GSK’s Tuas vaccine facility is Singapore’s largest after over $300m investment added: Gan Kim Yong
SINGAPORE - The expansion of British drugmaker GSK’s facility at Tuas has earned the title of Singapore’s largest vaccine production site based on a cumulative investment of some $850 million, said ...
Senco Gold IPO grey market premium rises after allotment; check latest GMP
The Rs 405-crore IPO of Senco Gold was overall subscribed 77.25 times. The issue was open for subscription between July 4-6 in the price range of Rs 301-317 per share.
Asia’s best bank 2023: HSBC
Football clubs undergoing a period of transition often talk of needing a transfer window or two to get where they need to be. More often than not, this doesn’t work. Better-run teams continue to make ...
Gig workers ‘most financially stretched’ group in Singapore; spending exceeds income: DBS study
Savings for this group have dropped to “unhealthy levels” as spending exceeded take-home incomes, the annual study by the bank showed.
Gig workers most financially stretched by high inflation, interest rates: DBS
AGAINST the backdrop of high inflation and interest rates, gig workers are found to be the most financially stretched among all of DBS’ customer groups. Read more at The Business Times.
Grab, Sea asking Singapore to lift digital banks’ deposit cap: Sources
Grab’s GXS Bank neared the regulatory cap “within months” of launching its savings account. Read more at straitstimes.com.
Ahead of 1HFY2023 results, OCBC is UOBKH’s top pick among local banks
UOB is set to announce its 1HFY2023 results on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.