CEO Jason Moo aims for Asia’s top five private banks within five years after assets rise nearly 20% to over US$145 billion in Q3.
Claims to financial dispute body hit 20-year high; scam-related cases up 55%
The Financial Industry Disputes Resolution Centre (Fidrec) received 4,355 claims for the financial year, a 20-year record high amid continued growth in scam-related disputes.In a statement on ...
Ultragreen.ai launches IPO at US$1.45 each, aims to raise US$400 million in gross proceeds
Ultragreen.ai has launched its initial public offering (IPO) at US$1.45 per share, aimed to raise gross proceeds of US$400 million.
Singapore’s Temasek-owned Seviora to integrate Pavilion Capital, lifting its assets to a whopping US$72 billion
Temasek-owned Seviora Group said on Wednesday it would integrate Pavilion Capital into its platform to build a leading Asia-based asset management group, lifting combined assets under management to ...
Surgical tech firm UltraGreen.ai launches IPO to raise over US$400 million
The proceeds will be used to develop the company's products and support its expansion into new markets. Read more at straitstimes.com. Read more at straitstimes.com.
Man admits to being part of Sarawak syndicate harvesting Singapore bank accounts for illegal use
Tan Kang Yung started out as a money mule and later became a handler, guiding money mules to Singapore to open bank accounts.
Malaysian man pleads guilty to helping Sarawak-based syndicate exploit Singapore bank accounts
A Malaysian man has admitted to participating in a Sarawak-based criminal syndicate that harvested Singapore bank accounts for illegal use by online ...
Lion Global Investors debuts Singapore’s first insured physical gold fund
Lion Global Investors has launched the first physical gold fund insured and stored in Singapore, offering retail investors a new method to invest in the precious metal.
Singapore Became the Most Powerful City on Earth
How can a country smaller than most cities play such a huge role in the global economy? In this video, we dive into how Singapore went from a struggling island to one of the most powerful financial ...
Singapore court clears way for US$2.7 billion suit against Standard Chartered over alleged role in 1MDB fraud
SINGAPORE: A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said ...
Amova, Eastspring target growth in Singapore’s small and mid-cap stocks
They are among the second batch of six fund managers selected by MAS to receive $2.85 billion for investing in local stocks. Read more at straitstimes.com. Read more at straitstimes.com.
Lion Global launches Singapore’s first physical gold fund with min. investment amount of $1
Investors in Singapore may start investing in Singapore’s first physical gold fund launched by Lion Global, with MariBank customers being able to start investing from as low as $1. Gold prices shot ...
Lion Global Investors Unveils First Insured Physical Gold Fund Vaulted in Singapore, Strengthening the Nation’s Role as a Leading Gold Hub
The LionGlobal Singapore Physical Gold Fund is Singapore's first gold fund that is backed by physical gold, insured and securely vaulted in Singapore. Launched in celebration of Singapore's 60th ...
Singapore’s energy firm Sembcorp plans IPO of Indian unit, says report
Sembcorp's Indian arm, Sembcorp Green Infra, operates businesses in wind, solar and energy storage, and competes with the likes of Adani Green Energy and Avaada Group ...
Singaporean energy firm Sembcorp plans IPO of Indian unit, sources say
Singapore's Temasek-backed Sembcorp Industries has started talks over an initial public offering of its India unit in Mumbai and appointed three investment banks, including Citi and HSBC, three ...
Singapore court clears way for $2.7 billion suit against Standard Chartered over alleged role in 1MDB fraud
A Singapore court has cleared the way for a $2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said on Monday. Singapore ...