Hin Leong Trading (HLT), one of Singapore's largest independent oil traders, said that it failed to declare “about $800 million in futures losses over the years,” Reuters reported, citing a court ... ( read original story ...)
Why Citibank just slashed their price target on AMP
Citibank though, appears decisively more sceptical than AMP management ... pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in ... ( read original story ...)
COVID-19: OCBC To Offer S$1B In Gov’t-Assisted Loans To SMEs As Applications Spike 10 Times
The S$1B loan amount will exceed that of what OCBC Bank had lent to small businesses during the 2008-9 Global Financial Crisis. Many of these businesses applying for support are from the manufacturing ... ( read original story ...)
Singapore’s Zilingo Cuts Jobs After Putting Global Push on Hold
Zilingo, a fashion technology platform backed by Temasek Holdings Pte, has cut 5% of its 900-strong global workforce as part of a strategy to refocus on Asia and emerging markets, according to a ... ( read original story ...)
Singapore reports a record 1,426 new cases, total near 8,000
Singapore is reporting a record 1,426 new coronavirus cases, mostly among foreign workers, pushing its total number of confirmed infections to nearly 8,000 ... ( read original story ...)
Singapore Cases Surge; Spain, Germany Stabilize: Virus Update
Daily infections in Singapore topped 1,000 for the first time as an outbreak among migrant workers intensified, while rival financial hub Hong Kong had no new cases for the first time since March. ( read original story ...)
Chinese cancer drug firm Akesobio’s US$330 million IPO – Hong Kong’s largest this year – is oversubscribed 639 times by city’s investors
IPOs by Alphamab Oncology and InnoCare Pharma ... senior health care analyst at Singapore-based investment bank UOB-Kay Hian. “Drug developers should be evaluated by their overall capabilities. While ... ( read original story ...)
Asia Today: India, Singapore see record highs in new cases
Singapore now has the highest number of cases in Southeast ... JAPANESE EXPORTS SINK: Japanese exports sank 11.7% in March as the pandemic slammed auto shipments to the U.S. The Finance Ministry said ... ( read original story ...)
Singapore’s Daily Virus Infections Top 1,000 For First Time
The number of daily coronavirus cases in Singapore topped 1,000 for the first time since the pandemic began, as an outbreak among migrant workers living in shared dormitories continued to surge. ( read original story ...)
Singapore Infections Jump; German Cases Slow: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions. ( read original story ...)
Singapore confirms record jump of 1,426 COVID-19 cases
SINGAPORE (Reuters) -’s health ministry confirmed on Monday an additional 1,426 cases of COVID-19 infection, a record daily jump that took the city-state’s tally to ... ( read original story ...)
Singapore Stocks Rally is Pricing in Virus Bottom, Citi Says
The recent surge in Singapore stocks from a bottom at the end of March suggests investors are starting to price in a post-coronavirus recovery, according to analysts with Citigroup Inc. ( read original story ...)
Singapore warns political parties of cybersecurity threats, election interference
With general elections expected to be held within a year, Singapore's political parties have been issued advisories about the threat of foreign interference and cybersecurity threats. They are urged ... ( read original story ...)
Forerunners, stars, and budding newcomers in Asean’s corporate governance scene
Singapore followed closely and introduced ours in 2001 ... They introduced their CG Code in the last 5 to 8 years, in time to catch on with the IPO fever which sees many of their larger ... ( read original story ...)
As Singapore sees more seniors, startups can step up
Singapore is turning silver as more people from the baby boomer generation (those ... Many seniors may be reluctant to use platforms that are exclusively designed for the elderly or those that appear ... ( read original story ...)
ABN Amro Makes Claims Against Singapore’s Troubled Oil Trader
ABN Amro Bank NV has become the latest lender to make a claim against a Singapore oil trading giant that filed for protection from creditors amid a plunge in oil prices. ( read original story ...)