Singapore court jails Swiss banker in 1MDB-linked probe

SINGAPORE (Reuters) - A Singapore court on Wednesday sentenced the former local branch manager of Swiss-based Falcon Private Bank AG to 28 weeks in prison and a fine of S$128,000 ($89,155.12), in an investigation tied to scandal-hit Malaysian state ... ( read original story ...)

Stock Market or Market of Stocks

This means that instead of moving in tandem with the entire stock market and general investors’ sentiment, individual stocks are fluctuating independently based on their own company performance and fundamentals. Hence several assert that this could be ... ( read original story ...)

Singapore jails, fines Swiss bank's ex-manager in 1MDB case

SINGAPORE - A Singapore court found a former manager at a Swiss private bank guilty of failing to report more than $1.26 billion in suspicious transactions in a case linked to the indebted Malaysian state fund 1 MDB. The court on Wednesday sentenced Jens ... ( read original story ...)

Singapore demands return of army vehicles from HK

Singapore on Monday demanded the immediate return of nine armoured troop carriers impounded by Hong Kong while in transit from Taiwan, calling the seizure illegal under international law. The November seizure of the Terrex vehicles by Hong Kong customs has ... ( read original story ...)

Steady pipeline of IPOs for Singapore this year

SINGAPORE — The Singapore Exchange (SGX) is expected to witness another healthy year of initial public offering (IPO) activity in 2017 despite the rise of alternative fundraising options for companies, with analysts identifying real estate investment ... ( read original story ...)

Household Debt in Singapore – Trends and Causes Analyzed

Singapore US Korea Household Leverage Ratio Singapore 119% ... This is likely due to the fact that income growth lagged behind expenditures, thus forcing consumers to borrow to finance their purchases. In 2016, however, household spending flatlined ... ( read original story ...)