The company, which is owned by Singapore's state investor Temasek Holdings, has hired HSBC as its financial advisor and preliminary discussions with selected parties had begun. Sembcorp, Macquarie and ...
Sembcorp in preliminary talks for potential sale of SembWaste
Sembcorp said preliminary discussions with selected parties on the potential sale had begun. Read more at straitstimes.com.
Veteran Singaporean banker Kevin Lam to head Malaysia’s Hong Leong Bank
He succeeds Mr Domenic Fuda, who is retiring after more than seven years at the helm. Read more at straitstimes.com.
‘We don’t need to explain’: Investigating a travel deal that looks like a scam
Days after travellers reported an online travel agency to the police for allegedly swindling them of more than $1 million, another purported tour company has emerged with a similar ruse.“Travel Key” ...
Convergence launches multi-donor funding window for climate blended finance solutions in Asia
Design Grant on the sidelines of the 8th Singapore-Australia Annual Leaders’ Meeting, held in Singapore, and under the auspices of the Singapore-Australia Green Economy Agreement.
With Asia’s wealth management revenue set to hit $90 bil by 2025, private banking to enjoy ‘significant’ growth: WWF-SG
Asia’s wealth management revenue is expected to reach $90 billion by 2025, and private banking in Asia is expected to display significant growth in the coming years as the number of ...
HSBC
By Peter Hoskins and Nick Marsh BBC News, Singapore HSBC bought Silicon Valley Bank's British business in a deal led by the government and the Bank of England. Emmaus fears the missing form mix-up ...
Standard Chartered customers claim access to mobile app is cut off if marketing alerts are not enabled
SINGAPORE: Standard Chartered is facing criticism from some of its customers over its mobile app’s advertising practices, with several users taking to online forums to express their dissatisfaction.
Me & My Money: Finance exec shuts out market noise, avoids tracking returns too often
This finance executive has hit on the strategy of ignoring the daily, monthly and even annual returns of his portfolio. Read more at straitstimes.com.
What next for HSBC after preventing Ping An from carving up Hong Kong’s largest bank, quelling shareholder revolt?
For much of the past year, HSBC, the largest of Hong Kong's three currency-issuing banks, has faced pressure from its biggest shareholder, Ping An Insurance Group, and a vocal contingent of frustrated ...
Recent strides in AI have potential to further disrupt finance industry, but limitations remain
Is relying on the technology for advice an intelligent move, or simply artificially inflated faith? Read more at straitstimes.com.
The Monetary Authority of Singapore Demands More Disclosure From Crypto Firms
The Monetary Authority of Singapore (MAS) published a notice earlier this week, asking companies offering crypto-related services to conduct more rigorous customer due diligence. Among other things, ...
S-REITs may remain ‘sideways’ in near-term amid prospect of another rate hike: DBS
Singapore REITs (S-REITs) are likely to remain “sideways” in the near term till there is clarity on the overall trajectory of the rate hikes by the US Federal Reserve in the second half of 2023, say ...
Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes
Wall Street's benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail activity weakening. That added to hopes the Fed might decide upward pressure on prices is easing ...
StanChart to hire more bankers as it doubles down on Asia
Asia generated two-thirds of the group’s income in Q1 2023, with Hong Kong and Singapore the two largest contributors. Read more at straitstimes.com.
Explainer: How are Singapore’s CPF interest rates calculated, and should you move funds to the Special Account amid higher rates?
The Special Account is for old age and investment in retirement-related financial products. The Medisave Account is for hospitalisation and approved medical insurance. The Retirem ...