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Tag: finance

Posted on 20/06/2023

These are the most expensive cities if you want to live in luxury, according a Swiss private bank

Singapore topped the list. Rent, house prices, school fees, taxes on cars, and living expenses are all high, analysts at the Julius Baer Group wrote.

Posted on 20/06/2023

Reuters Reported Earlier: Singapore’s Grab Plans Biggest Round Of Job Cuts Since Pandemic

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Posted on 20/06/2023

Ex-China central bank deputy head arrested for suspected bribery

Fan Yifei, vice governor of the People's Bank of China (PBOC), attends a news conference during the ongoing session of the National People's Congress (NPC) in Beijing, China March 10, 2019. REUTERS/Ja ...

Posted on 20/06/2023

Hyundai’s Singapore plant opening further delayed to Q4

HYUNDAI Motor is now expected to open its plant in Singapore in the fourth quarter – one year after its original target date. Read more at The Business Times.

Posted on 20/06/2023

SGX: What Lies Ahead for UOB’s Share Price?

The SGX-listed United Overseas Bank (SG:UOB) share price has been down by 8% in the last six months. Analysts are moderately bullish on the ...

Posted on 20/06/2023

Singapore hands down first Wirecard criminal convictions

Singapore has handed down prison sentences to two former senior Wirecard finance executives, the first criminal convictions related to the collapse of the once high-flying German ...

Posted on 20/06/2023

Probation for teen who receives over $85k in bank account from scams targeting OCBC customers

SINGAPORE - A 17-year-old boy, who allowed scammers to use his bank account to receive $85,220 stolen from OCBC Bank customers, also recruited his friends to commit similar offences. Cash totalling ...

Posted on 20/06/2023

DBS upgrades Sheng Siong to ‘buy’ on ‘attractive industry dynamics and reasonable valuation’

Sheng Siong’s new stores are also well-positioned to support a steady revenue and earnings growth. The group has opened one new store year-to-date (ytd) and is expected to open at least two new stores ...

Posted on 20/06/2023

Singapore takes top spot as Asia is the world’s most expensive region according to spending patterns of the super-rich: report

The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...

Posted on 20/06/2023

Two former execs get Singapore jail terms in first conviction for Wirecard case

TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. James Aga Wardhana, who was ...

Posted on 20/06/2023

Duo jailed for helping finance vice-president embezzle funds in first Wirecard conviction

The alleged mastermind, Wirecard Asia vice-president of controlling and international finance Edo Kurniawan, escaped Singapore before he could be apprehended. He is at large, with an Interpol red ...

Posted on 20/06/2023

Two Ex-Wirecard Asia Employees in Singapore Sentenced to Jail

Two former employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring to misappropriate money.

Posted on 20/06/2023

Singapore Airlines’ fortunes are soaring. And Hong Kong’s Cathay Pacific?

Singapore’s flag carrier has now hit a market value of US$17 billion – almost three times that of Cathay’s. Four years ago the difference was only about US$2 billion.

Posted on 20/06/2023

Asia is the most expensive region in the world according to spending patterns of the super-rich; Singapore takes top spot, report shows

The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...

Posted on 20/06/2023

Stock Market Live: Sensex, Nifty 50 poised for a negative start

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...

Posted on 20/06/2023

Operator Sim Leisure says took risk by buying over ‘failed’ Kidzania Singapore, Khazanah not involved in sale

After acquiring Kidzania Singapore for just S$110,000 or around RM380,000, Singapore-based theme park operator Sim Leisure Group Ltd (SLG) said state sovereign fund Khazanah Nasional Bhd was never ...

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