SINGAPORE: When his PayNow transaction for S$1,500 at a clothing shop didn't go through on Wednesday afternoon (Mar 29), Mr Shankar Rajan thought nothing of it. He tried again, and again; after ...
Jail for ex-direct sales officer who worked with syndicate that cheated bank of over $127k
SINGAPORE - A direct sales officer at Citibank worked together with a syndicate to dupe the bank into giving over $127,000 in loans to eight applicants who submitted items including fake income ...
DBS and OCBC’s private banking units could win market share in industry after UBS takeover: RHB
In FY2023, the brokerage is remaining positive on Singapore equities, believing that they will close the year on a higher note.
FS visits Singapore
Financial Secretary Paul Chan begins his visit to Singapore on March 29, attending a conference organised by the South China Morning Post and addressing a seminar at the National University of ...
Jersey Finance Hosts Reception to Formally Launch Singapore Presence
SINGAPORE, March 30, 2023 /PRNewswire/ -- Jersey Finance formally launched its new presence in Singapore and its refreshed South-East Asia market outreach strategy at a special reception this week (28 ...
Hong Kong’s ‘perfect’ liveability, low taxes are advantages as global finance hub: Paul Chan
Hong Kong's finance chief Paul Chan highlights city's advantages like ... telling a select group of entrepreneurs in Singapore that Hong Kong's advantages spanned its low taxes to its liveability ...
Bernstein Remains a Buy on UOB (UOVEF)
See which 3 stocks are most likely to make moves following their insider activities. United Overseas Bank Ltd. (Singapore) engages in the provision of financial services. It operates through the ...
Malaysians can now scan and pay Singaporean PayNow QR codes with local banking apps
KUALA LUMPUR, March 30 ― If you’re someone who frequently travels to Singapore, you’re probably already familiar with having to bring with you either their local currency or arrange with your bank to allow foreign transactions on your credit or debit ...
Dollar advances as banking crisis fears ease
SINGAPORE, March 30 (Reuters) - The U.S. dollar was on the front foot on Thursday as receding concerns over the banking sector helped improve risk sentiment, with investors switching their attention to the Federal Reserve's battle against inflation.
DBS service disruption on Wednesday ‘unacceptable’: Singapore’s MAS
SINGAPORE – The disruption of the digital services of ... when the bank issued a statement on its Facebook page announcing that its digital services – DBS/POSB digibank Mobile and Online, DBS PayLah ...
Singapore’s banking authority says DBS outage is ‘unacceptable’
The Monetary Authority of Singapore said the outage was "unacceptable" and the lender had "fallen short of expectations."SINGAPORE — Shares of Southeast Asia's largest bank DBS Group were down 1.4% on ...
Hong Kong and Singapore regulators seek to reassure AT1 bondholders
AT1 bonds in Singapore are offered via the wholesale market to institutional ... Hong Kong’s requirements also align with the same international standards. A spokesperson for Standard Chartered ...
Singapore Regulator Says Latest DBS Digital Outage Unacceptable
Singapore’s financial regulator will take action against DBS Group Holdings Ltd after a second digital banking outage in less than two years, calling the disruption “unacceptable.” The Monetary ...
SAG Holdings, Singapore auto parts distributor, sets terms for $15M US IPO
Spartan Capital is serving as lead bookrunner. SAG first filed for the IPO in October 2022. Incorporated in the Cayman Islands, SAG operates through subsidiaries in Singapore and Malaysia. The company ...
GLOBAL MARKETS-Asian stocks rally as bank jitters calm, Alibaba lifts mood
SINGAPORE, March 29 (Reuters) - Asian shares surged on Wednesday as easing concerns over the banking sector revived risk appetite, while Alibaba’s plans to split into six units lifted Chinese tech stocks. MSCI’s broadest index of Asia-Pacific shares ...
Bank of Singapore appoints Ranjit Khanna as global market head of Middle East
INDUSTRY veteran Ranjit Khanna will join Bank of Singapore as its global market head of Middle East and chief executive of its Dubai International Financial Centre (DIFC) branch, the bank announced on Wednesday (Mar 29). Khanna was most recently the chief ...