No 'fat finger' error was involved when share prices of conglomerate Jardine Matheson Holdings Ltd plunged briefly Thursday, wiping out $41 billion in market value, Singapore's stock market ... ( read original story ...)
Australia’s ANZ bank closes Singapore gold vault
Australia and New Zealand Banking Group Ltd (ANZ), whose gold bullion business is one of Asia's largest, said on Thursday it was closing its precious metals vault in Singapore. The move follows the ba... ( read original story ...)
StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal
The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported ... ( read original story ...)
StanChart makes its first Singapore trade finance deal using blockchain
SEE ALSO: Finance sector plays important role in directing capital for environmental benefit: Masagos Zulkifli Ujjwal Jain, head of trade for the Singapore transaction banking business, said in a stat... ( read original story ...)
Grand Venture Technology trades above IPO price on Catalist debut
SINGAPORE - Grand Venture Technology opened on the Catalist board at $0.27 on Wednesday morning (Jan 23), below its initial public offering (IPO) price of $0.275 a share. But the homegrown manufacturi... ( read original story ...)
MAS plans to boost stock market by subsidising listing expenses, analyst salaries — will it work?
Dubbed the Grant for Equity Market Singapore, the three-year initiative is to help enterprises raise capital in the local stock market. One component of GEMS is a “listing grant”, where MAS will foot ... ( read original story ...)
Grand Venture Technology Limited’s Initial Public Offering: What Investors Should Know
The company has facilities in Singapore, Malaysia and China. For the semiconductor industry, Grand Venture Technology manufactures and supplies high-precision components, and assembles key modules for ... ( read original story ...)
Singapore’s Grab can’t afford to fail finance
(Jan 16): After sending rival Uber Technologies Inc packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab has set itself a stiffer target. It wants to be a regiona... ( read original story ...)
Green Finance in Singapore: Barriers and Solutions
Green finance, or the issuance of green bonds, has gained strong momentum around the world. Some Asian countries such as the People’s Republic of China and Japan are very active in green finance. This ... ( read original story ...)
Singapore’s Grab can’t afford to fail the finance test
One thing is certain, though: Business lines like food delivery, over which Grab and Go-Jek are fighting tooth and nail, are a natural extension of the transportation DNA common to both firms. Finance ... ( read original story ...)
ACA, ACCA, CA, CPA, CIMA: which accounting qualification will get you a job in Singapore finance?
You’re looking to start an accounting qualification that will get you a job or advance your career in the Singapore financial services sector. Which one should you choose? We searched through ... ( read original story ...)
Shares of Boustead Singapore, Boustead Projects up on $200 mil contract win
SINGAPORE (Jan 21): Shares of Boustead Singapore and Boustead Projects rose on Monday morning. This follows Boustead Singapore’s Friday night announced that Boustead Projects, its 53% owned subsidiary ... ( read original story ...)
Singapore Bank Fights ING In Court Over $19M Lehman Charge
Law360, London (January 15, 2019, 11:44 PM GMT) -- ING Bank NV should have to pay Oversea-Chinese Banking Corp. Ltd. back for the $19 million it was told to hand over to liquidators of Lehman Brothers ... ( read original story ...)
Morgan Stanley targets Singapore’s rich China entrepreneurs
The US bank hired Wee Yee Yeong to head its Singapore wealth business this year, and plans to add relationship managers there and in Hong Kong, he said. Morgan Stanley's focus underscores the signific... ( read original story ...)
Morgan Stanley targets rich China entrepreneurs in Singapore
Mr Wee joined Morgan Stanley from Bank of Singapore, where he was a senior executive focusing on Greater China and family offices. Mr Chui disclosed that the US bank plans to hire 50 relationship mana... ( read original story ...)
Will 2019 be a blockbuster year for tech IPOs?
If US President Donald Trump’s government shutdown is prolonged, tech IPOs could be delayed by months and some even pushed to next year. (Jan 16): After sending rival Uber Technologies Inc packing fro... ( read original story ...)