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Tag: finance

Posted on 06/05/2025

Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost S$1.1mil

SINGAPORE: He was the chief executive of a firm that offered investment schemes, claiming to have 300,000 physical mining machines capable of generating revenue by mining cryptocurrencies.

Posted on 06/05/2025

Best Fixed Deposit Rates in Singapore (May 2025)—Minimum Deposits From $500, Rates Up To 2.50%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 06/05/2025

HSBC group chairman Mark Tucker to retire

Tucker will continue to serve as a strategic adviser to the group CEO and the board during the ongoing search for a permanent chair.

Posted on 06/05/2025

At least $172,000 lost in phishing scams targeting POSB customers since April

Thirteen reports of such cases have been made so far. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Singapore stocks end higher on Tuesday ahead of FOMC meeting; STI up 0.2%

SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May 6), ahead of the next US central bank meeting where policymakers are expected to keep interest rates on hold. Read more at The ...

Posted on 06/05/2025

Singapore stocks end higher ahead of US Fed meeting

Singtel is the top gainer on the Straits Times Index while Yangzijiang Shipbuilding falls the most. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost $1.1m

Lu Huangbin was the chief executive of a firm that operated a Ponzi scheme. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Singapore Gulf Bank names ex-Fed Reserve vice chair to newly formed global advisory board

Singapore Gulf Bank said on Tuesday that it has appointed former U.S. Federal Reserve vice chair Randal Quarles as vice chairman of its newly formed global advisory board to support the digital lender ...

Posted on 06/05/2025

Solar energy the main draw for green investments in South-east Asia in 2024: Report

Total investment in solar energy in Singapore hit US$384 million in 2024. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Carro aims to treble earnings ahead of potential IPO

Automotive unicorn aims for a final round of funding this year with revenue up 15 per cent, while gross profit grew more than 20 per cent in FY25. Read more at The Business Times.

Posted on 06/05/2025

Smart Digital Group Completes IPO Marks New Milestone in Tech Journey

Smart Digital Group Limited (the "Company") (Nasdaq: SDM), a digital marketing service provider in Singapore, today announced the closing of its initial public offering (the "Offering") of 1,500,000 ...

Posted on 06/05/2025

UOB Kay Hian and FNZ launch next-generation platform for unit trust investing

UOB Kay Hian (UOBKH) has partnered with wealth management technology company FNZ to launch a new digital platform that is set to transform unit trust investing in Singapore.

Posted on 06/05/2025

UOB Kay Hian and FNZ Launch Smart Platform to Revolutionise Unit Trust Investment

UOB Kay Hian, one of Asia's largest securities brokerage firms, has partnered with FNZ, a global leader in wealth management technology, to launch a new digital platform that is set to transform Unit ...

Posted on 06/05/2025

Solar energy the main draw for green investments in South-eas Asia in 2024: Report

Total investment in solar energy in Singapore hit US$384 million in 2024. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

With Trump’s Tariffs Looming, Are Singapore Banks Still a Good Buy?

Trump may have tweaked his tariff policy recently, but will this negatively impact the local banks? The post With Trump’s Tariffs Looming, Are Singapore Banks Still a Good Buy? appeared first on The ...

Posted on 06/05/2025

Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs

SINGAPORE] Frasers Hospitality Trust on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to S$0.010257 for its first half year ended Mar 31, from S$0.01091 in the ...

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