Singapore's financial corporation OCBC will cease all financial operations related to Russia, with the restrictions set to take effect on November 1, Bloomberg informs. According to a statement ...
State invites Singapore to be RR summit’s ‘partner country’
Rajasthan's industries minister Rajyavardhan Rathore extends invitation to Singapore to become a partner country for the Rising Rajasthan investment summit, seeking collaboration in various sectors ...
Singapore’s second-largest bank to halt transactions involving Russia
From 1 November, Singapore's Oversea-Chinese Banking Corporation (OCBC) will no longer handle any transactions involving Russia. Source: Bloomberg Details: In a message to its corporate and private ...
Looking for Reliable Singapore Blue-Chip Stocks? Here are 4 That You Can Consider for Your Portfolio
The lender’s standing as one of the three big banks in Singapore should provide investors with the assurance that it can weather future economic storms. The bank reported a stellar set of earnings for ...
Over US$2.4m awarded to finance veteran for wrongful dismissal in likely Singapore record
Justice Chua Lee Ming awarded damages of over US$2.4 million (S$3.1 million) in Mr Alexander Hoeptner’s favour on Sept 23 for the suit brought against Three Fins. Mr Hoeptner was employed by Three ...
Singapore’s OCBC to Stop Russia-Linked Transactions to Cut Risk
Oversea-Chinese Banking Corp. will stop handling any transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions.
DBS head of institutional banking group in Hong Kong to depart
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson. Read more at The Business Times.
Malaysian ringgit rides high on foreign investment wave, impacting Singdollar’s purchasing power
Large multinational companies like Microsoft, Google, ByteDance, Intel, and Amazon Web Services have made substantial financial commitments to the country ...
Best Fixed Deposit Rates in Singapore (Oct 2024)—Rates Up To 3.45%, Minimum Deposits From $500
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 ...
Bitcoin Startup Bitlayer Raises $9 Million In Series A Extension Backer By Franklin Templeton
Bitlayer, a Bitcoin startup, secures $9 million in Series A extension funding led by Franklin Templeton, aiming to enhance its innovative financial solutions.
Singapore’s Hidden Gems: A New Perspective on Jewelry as an Investment
Global Trends: In cities like Singapore, there’s a growing interest in colored diamonds, reflecting an international trend. For investors, opting for rarer colors can be strategic, as these stones are ...
Abu Dhabi tops trillion-dollar sovereign wealth league, ahead of Oslo and Singapore
SINGAPORE - Abu Dhabi has claimed the top spot in a new global ranking of cities based on the capital managed by their sovereign wealth funds, with US$1.7 trillion (S$2.2 trillion) in assets as at ...
Singapore stocks rose on Wednesday morning—STI increased by 0.8%
The broad-based S&P 500 increased by 1% to 5,751.13. The tech-heavy Nasdaq Composite gained 1.5%, ending at 18,182.92 ...
Hyundai Motor Group and Singapore Strengthen Joint Research in Sustainable Energy and Manufacturing Solutions
Hyundai Motor Group (the Group) has signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) in the field of new energy at the Singapore-Korea Business Forum, ...
Singapore IPOs in 9M24 fall 67% YoY
There was only one IPO in Singapore. Singapore's initial public offerings (IPOs) in the first nine months of 2024 (9M24) fell 67% YoY to one, data from EY showed. In its Global IPO Trends Q3 report, ...
Valencia fans on honeymoon in Singapore held by police over Peter Lim protest
Valencia's mayor has said Spanish government officials are now seeking a resolution with counterparts in the Asian country ...