Singapore is set to usurp London and New York as the world’s gold hub as the yellow metal shifts from West to East.
Shipping boss stands down after Singapore refuses visa over Russia sanctions
Singapore has refused to renew the visa of the US-born chief executive of heavy-duty shipping company Red Box Energy Services after the company was designated by the US Treasury for breaching ...
Singapore’s influencers rub shoulders with Lawrence Wong, PAP members – is it a ‘sell-out’?
The influencers’ attendance at the PAP event has prompted questions on whether they should be transparent about their partnerships with the ruling party.
Man recovers $250k from scammers with help from police and Standard Chartered Bank
A person pretending to be a police officer claimed that the man was a victim of an identity fraud. Read more at straitstimes.com.
Man nearly loses S$250,000 to scammers impersonating bank staff, police officer
SINGAPORE: A man came close to losing S$250,000 (US$185,000) after falling prey to scammers posing as a bank staff member and a police officer. The 56-year-old first received a call from a scammer ...
Great Eastern independent directors advised to recommend OCBC US$1 billion offer
The independent directors of Singapore's Great Eastern have been advised to recommend that minority shareholders accept a S$1.4 billion ($1.03 billion) offer from the insurer's top investor Oversea-Ch ...
Crypto platform to pay US$4.5 billion in SEC deal
Singapore-based crypto platform Terraform Labs PTE Ltd. and its founder, Do Hyeong Kwon, have agreed to pay US$4.5 billion after a jury found that them liable for fraud involving crypto trading that ...
Bonds Are Beating Bitcoin as Doubts Gather Over Crypto Rebound
Bitcoin retreated after setting a record of $73,798 in March and rallies back toward the peak have repeatedly fizzled.
Best 10 Online Slots Singapore Casinos For Real Money Games
The landscape of online slots in Singapore is more exciting than ever. With so many casinos vying for your attention, how can you find the right platform? No worries — our expert reviews will help ...
Jail for man who cheated six victims of over $108k in ticketing and investment scams
David Chua also made off with $22,400 from customers of the travel agency he worked at in 2019. Read more at straitstimes.com.
OCBC’s offer to Great Eastern shareholders “not fair but reasonable”; shareholders should accept it: EY
OCBC’s offer to buy the remaining shares of Great Eastern from minority investors is “not fair but reasonable”, said independent financial adviser Ernst & Young Corporate Finance on June 14. Read more ...
OCBC’s final offer of $25.60 for GEH is ‘not fair but reasonable’ says EY; advises shareholders to accept
EY advises shareholders to accept the offer, or sell their shares if they can offer a higher price than the offer price.
Great Eastern Adviser Supports OCBC’s $1 Billion Takeover Bid
Great Eastern Holdings Ltd.’s independent financial adviser said it supports a S$1.4 billion ($1 billion) offer by Oversea-Chinese Banking Corp. to take full control of the Singapore-based insurer.
OCBC privatisation deal for Great Eastern is not fair but reasonable, says IFA
In response to the offer, the Securities Investors Association (Singapore) commended OCBC for its proactive response to feedback from minority shareholders of GEH. Meanwhile, former remisier Ong Chin ...
Income Insurance and Allianz hold ‘transaction’ talks, latest possible Singapore insurance M&A
This news follows OCBC’s $1.4 bil offer to fully acquire Great Eastern, and Sumitomo’s acquisition of Singlife.
Singapore’s Great Eastern asks shareholders to accept OCBC’s $1 bln offer
June 14 (Reuters) - Singapore's Great Eastern Holdings on Friday asked its shareholders to accept a S$1.4 billion ($1.03 billion) offer from Oversea-Chinese Banking Corp to buy the remaining stake in ...