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Posted on 28/12/2023

Singapore fines Credit Suisse US$3 million over bankers’ misconduct

The Monetary Authority of Singapore said that Credit Suisse bankers provided clients with inaccurate or incomplete post-trade disclosures, resulting in customers being charged above agreed rates.

Posted on 28/12/2023

Scam alert: Deepfake ST video of Lawrence Wong promoting ‘guaranteed investment’ spread online

SINGAPORE: A deepfake video of Deputy Prime Minister Lawrence Wong is being spread on social... The post Scam alert: Deepfake ST video of Lawrence Wong promoting ‘guaranteed investment’ spread online ...

Posted on 28/12/2023

Singapore’s Budget 2024 to be delivered by DPM Lawrence Wong on 16 February 2024

Budget Statement will be delivered on Friday, 16 February 2024, by Deputy Prime Minister and Minister for Finance Lawrence Wong. To be delivered in Parliament, there will be live television and radio ...

Posted on 28/12/2023

Singapore’s 2024 Budget statement to be delivered in Parliament on Feb 16

Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2024 Budget statement in Parliament on Feb 16, the Ministry of Finance (MOF) said on Thursday (Dec 28).

Posted on 28/12/2023

Singapore imposes civil penalty on Credit Suisse for managers’ misconduct

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$3.9 million on Credit Suisse AG for the bank's failure to prevent or detect misconduct by its relationship managers, the ...

Posted on 27/12/2023

Singapore stocks extend rally on Fed-fuelled rate optimism; STI up 1%

THE year-end cheer was evident in the region on Wednesday (Dec 27) as optimism fuelled stock markets. Read more at The Business Times.

Posted on 27/12/2023

Singapore’s Economic Outlook for 2024

Singapore’s growth forecast for 2024 is looking up and inflation rate is likely to ease. Here’s a quick look at Singapore’s economic outlook for next year.

Posted on 27/12/2023

Singapore and Norway in top ten richest countries

Singapore and Norway make it into the top ten of Global Finances' list of richest countries in the world. But the first place might shock you.

Posted on 27/12/2023

Singapore-Based FII-Backed Stock In Focus On Divestment of 100% Stake In Subsidiary

Small-cap financial services company LKP Finance Limited has a market worth of around Rs 285 Cr. The stock is in the limelight as the company stated that it is selling all of its shares in its ...

Posted on 26/12/2023

Starbucks, Tim Horton’s Among Global Coffee Chains Eyeing Singapore For Expansion Despite Stiff Local Competition

What Happened: CNBC reported on Tuesday that several global coffee brands have launched new outlets in Singapore in recent months. These include China’s Luckin Coffee, Indonesian chains Kenangan ...

Posted on 26/12/2023

Singapore stocks end Tuesday flat as traders eye potential interest rate cuts

STOCK markets on Tuesday (Dec 26) were a mixed bag of results, as hopes of interest rate cuts – on the back of subdued inflation data in the US – sparked investor optimism, but investors chose to ...

Posted on 26/12/2023

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses. The Monetary Authority of Singapore (MAS) and the Singapore Police Force (SPF) has warned the public of scammers pretending ...

Posted on 26/12/2023

Coffee chains are crowding Singapore in hopes of jumpstarting their global expansions

Singapore's prominence as a global financial hub has attracted international coffee chains to the country despite an already competitive market.

Posted on 26/12/2023

Singapore ranks 3rd in latest global rich list

SINGAPORE: Singapore has secured the third position in the latest ranking of the world’s wealthiest... The post Singapore ranks 3rd in latest global rich list appeared first on The Independent Singapo ...

Posted on 25/12/2023

The 11 Big Trades of 2023: From market busts to career-making wins

Short-seller attacks on Adani’s empire in India took a surprising turn. Crypto diehards got a shot of redemption. So-called bubbles, like ESG, deflated. The irresistible force behind much of the ...

Posted on 25/12/2023

Market resumes Santa Claus rally heading into final week of 2023

SINGAPORE - After hitting midweek turbulence, the stock market’s Santa Claus rally resumed on Dec 21 and 22, gathering steam heading into the final week of the year. While the brief pullback on Dec 20 ...

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