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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 ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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.
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.
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 ...
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 ...
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 ...
Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole
Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate action when booking flights on the platform. The revenue generated will be invested in wastewater ...