The scandal has raised questions about crash barriers against illicit money flowing into one of the world’s most important financial hubs.
Singapore Shares May Bounce Higher Again On Thursday
The Singapore stock market on Wednesday snapped the six-day winning streak in which it had jumped almost 70 points or 2.3 percent.
Goldman Drums Up IPO Renaissance Hopes in Deals-Starved Market
A smattering of companies set to test the market for stock listings is igniting hopes across Wall Street. Most Read from BloombergSingapore S$1 Billion Laundering Scandal Embroils Its Banking ...
Laundering scandal ensnares Singapore banking giants
Buildings housing DBS, HSBC and Standard Chartered are seen in Singapore. Many of the biggest banking names in the city-state have been found to have had contact with some of those accused in a major ...
StanChart to offer new dads 20 weeks of paid time off; HSBC extends paternity and maternity leave
It expands on its existing benefits that allow new dads two weeks of paid leave, while new mums can take 16 weeks. HSBC Singapore head of human resources Mukul Anand said: “With the ever-changing ...
3 Solid Singapore Blue-Chip Stocks That Could Potentially Raise Their Dividends Again
United Overseas Bank, or UOB, is the third-largest bank in Singapore and provides a comprehensive range of banking, insurance, and investment services. The lender is thriving in an environment of ...
Billion-dollar money laundering case embroils Singapore’s banking giants
Prosecutors have said they are seeking documents from at least 10 financial institutions in relation to the case. Read more at straitstimes.com.
DBS, OCBC are creditors to alleged launderers’ Singapore firms
TWO of the biggest local banks in Singapore are creditors to suspects in a major money laundering scandal involving over S$1 billion of assets. Read more at The Business Times.
The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?
The REIT sector has been under pressure over the past year, but could these REITs be a bargain waiting to be scooped up? The post The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: ...
Frasers Centrepoint Trust to divest Changi City Point for $338 mil
Changi City Point is a retail mall located at 5 Changi Business Park Central 1. The building has three storeys and one basement level and is connected to the Expo MRT station on the East West and ...
Curbs on significant investment need not hurt Singapore’s reputation for openness
AT FIRST glance, Singapore’s planned curbs on “significant investments into critical entities” might seem like a bold and even uncharacteristic move for an economy that prides itself upon openness. In ...
Singapore stocks take cue from Wall Street gains; STI up 0.3%
SINGAPORE shares rose for the sixth straight session on Tuesday ... owing to lower revenue and higher finance costs.
Priority Banking in Singapore (2023): Benefits, Eligibility, And More
DBS Treasures members get to sign up for the following cards ... If you don't want to by insurance or refinance a loan, you can get a 1-night stay at Shangri-La Singapore, Tower Wing Deluxe Room ...
Priority Banking Benefits in Singapore (2023) & How to Join
7 priority banking programmes in Singapore What is priority banking? Benefits of priority banking DBS Treasures UOB Privilege Banking OCBC Premier Citi Priority ...
Money Talks – Are T-bills and Singapore Savings Bonds worth investing in anymore?
Singapore’s Treasury Bills (T-bills) and Savings Bonds (SSBs) created a buzz with retail investors when yields hit record highs in end 2022. But since then, the returns have fallen, prompting many to ...
Oxley’s H2 loss deepens to $83.4 million on lower revenue, higher finance costs
SINGAPORE - Mainboard-listed property developer Oxley Holdings sank further into the red in the second half of the financial year ended Jun 30, 2023, with losses deepening to $83.4 million from $20.3 ...