Billionaire James Dyson just sold his Singapore penthouse at a massive loss a year after his company scrapped plans to design an electric vehicle in the city James Dyson, billionaire inventor of the ... ( read original story ...)
Indonesia closer to setting up first sovereign wealth fund, talks held with countries including Singapore
Singapore's GIC, and the US International Development Finance Corporation. "The idea is for Indonesia to create a special purpose entity that is invested by the would-be formed Indonesia Investment ... ( read original story ...)
The Future Of Work Now: AI-Driven Transaction Surveillance At DBS Bank
DBS Bank in Singapore is effectively using AI and other tools to increase the productivity and effectiveness of anti-money laundering and fraud prevention. ( read original story ...)
Singapore IPO of Nanofilm heavily oversubscribed -sources
The bookbuild of Singapore's Nanofilm Technologies International's up to S$510 million ($375 million) initial public offering (IPO) has been subscribed about 19 times, two sources with knowledge of ... ( read original story ...)
Singapore’s Nanofilm IPO hugely oversubscribed
The bookbuild portion of Singapore's Nanofilm Technologies International's up to S$510 million ($375 million) initial public offering (IPO) has been subscribed about 19 times, two sources with ... ( read original story ...)
1MDB scandal: Goldman Sachs to pay Singapore $122M
Goldman Sachs will pay $165 million Singapore dollars ($122 million) to Singapore for its role in Malaysia’s 1MBD money laundering scandal, local media reported on Friday. The American multinational ... ( read original story ...)
UPDATE 1-Singapore IPO of Nanofilm heavily oversubscribed -sources
The bookbuild of Singapore's Nanofilm Technologies International's up to S$510 million ($375 million) initial public offering (IPO) has been subscribed about 19 times, two sources with knowledge of ... ( read original story ...)
Singapore imposes life ban on BSI Bank’s former rep Swampillai over 1MDB
The Monetary Authority of Singapore (MAS) has issued lifetime Prohibition Orders (POs) against Kevin Michael Swampillai, a former representative and head of the Wealth Management Services Department ... ( read original story ...)
RPT-Singapore’s deflation extends to eighth month in core gauge
Singapore's main price gauge contracted for the eighth consecutive month in September, data showed on Friday, with prices falling 0.1% from a year earlier. ( read original story ...)
Singapore fines Goldman Sachs US$122mil over 1MDB corruption scandal
Goldman Sachs Singapore will pay US$122 million (S$165 million) to the Singapore Government for its role in the 1Malaysia Development Berhad (1MDB) bond offerings corruption scandal. ( read original story ...)
470,000 Singaporean workers to get $810 million in Workfare Special Payment this month: Finance Ministry
SINGAPORE - Some 470,000 lower-income Singaporean workers who are on the Workfare Income Supplement (WIS) scheme will receive $810 m Special Payment (WSP) in Oct ... ( read original story ...)
BlockShow returns in 2020, partners with Singapore central bank’s fintech event
BlockShow has partnered with the Monetary Authority of Singapore to curate blockchain discussions for its five-day FinTech conference. ( read original story ...)
Singapore fines Goldman Sachs $165 million over 1MDB corruption scandal
The penalty is believed to be the largest-ever imposed here, far exceeding the $13.3 million slapped on BSI Bank, whose Singapore unit was shut down in 2016 for its role in the scandal. The fine is on ... ( read original story ...)
Mastercard and Atlantis partner to enhance digital banking experience for consumers
Mastercard is partnering with Atlantis, a financial technology company headquartered in Singapore, to provide users with a technology solution that will enable them to enjoy a best-in-class digital ... ( read original story ...)
Ripple Considers Japan, Singapore If Blockchain Firm Leaves U.S.
Japan, Singapore, Switzerland, the U.K. and the United Arab Emirates are potential destinations, Chief Executive Officer Brad Garlinghouse said in an interview. Load Error “The common denominator ... ( read original story ...)
Fraudsters ‘impersonated BP and Total’ to obtain finance, Singapore court rules
Fraudulent commodities traders impersonated oil majors BP and Total in order to obtain financing from the National Bank of Oman (NBO), according to a first-of-its-kind ruling in Singapore’s High Court ... ( read original story ...)