The Singapore stock market has climbed higher in consecutive trading days, gathering more than 100 points or 3 percent along the way. The Straits Times index now rests just above the 3,440-point plateau although it may run out of steam on Monday. ( read original story ...)
Deutsche Bank sacks chief executive
Mr Achleitner has remained silent as speculation of a management change at the bank has mounted. Mr Cryan was previously chief financial officer at UBS before leaving to head European operations of Temasek, Singapore’s sovereign wealth fund. ( read original story ...)
These banks in Singapore will hire you without an elite foreign degree
Didn’t study at an elite overseas university, but still want to work at a global investment bank in Singapore? Here’s where to apply. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ Couldn’t afford to study at an ... ( read original story ...)
Christian Sewing to become new CEO of Deutsche Bank -Spiegel
He has been a member of the management board since 2015. Sewing joined Deutsche Bank in 1989 and has worked in Frankfurt, London, Singapore, Tokyo and Toronto, according to the bank's website. His appointment would be a blow to co-deputy Marcus Schenck ... ( read original story ...)
Singapore is warming up to blockchain but many challenges remain, say experts
In Singapore, stakeholders in the ecosystem are warming up to the idea that blockchain is here to stay, but there remain many challenges. Today, at a panel discussion in the De/Centralize 2018 event moderated by Mohan Belani, Co-founder and CEO of e27 ... ( read original story ...)
How Currency Movements Affect Singapore Interest Rates And Your Interest Rate Sensitive Stocks & Financial Assets
There is a rather good summary in Bloomberg on why Singapore’s Central Bank do not hold a Key Interest Rate. I think its a good read, a good refresh to go through some thought process when it comes to how externalities affect your Singapore investments ... ( read original story ...)
CBI questions ICICI Bank CEO Chanda Kochhar’s brother-in-law in Videocon deal investigation
Unidentified officials said Rajiv Kochhar was scheduled to fly to Singapore. “A team got Kochhar to the agency ... The CBI has initiated a preliminary inquiry to determine whether ICICI Bank broke the law by sanctioning the Rs 3,250-crore loan to ... ( read original story ...)
ASEAN finance ministers, central bank governors reaffirm commitment to AEC Blueprint 2025
SINGAPORE, April 6 (Xinhua) -- The ASEAN (the Association of Southeast Asian Nations) finance ministers and central Bank governors on Friday reaffirmed their commitment to the bloc's economic community blueprint 2025. The blueprint 2015 includes strategic ... ( read original story ...)
ICICI Bank loan case: CBI questions Rajiv Kochhar and Venugopal Dhoot’s close aide
ICICI Bank loan case: Rajiv Kochhar was questioned for the third consecutive day in connection with the case. According to the agency officials, he was asked about the role of his Singapore-based company Avista Advisory in the restructuring of loan ( read original story ...)
Nuo opens a cryptocurrency bank branch in Singapore – From virtual to an actual bank!
Varun Deshpande, the Co-Founder of Nuo, which is a virtual bank for cryptocurrencies, announced on Twitter that they are going to open a bank branch for cryptocurrency in Singapore. He also stated that they will open an ATM for cryptocurrencies as well. ( read original story ...)
UN, Singapore concerned about rising trade tensions
The U.N. secretary-general and the Singaporean foreign minister voiced concerns about global trade tensions and rising protectionism during back-to-back meetings in Beijing on Sunday. Following remarks from his Chinese counterpart, Singaporean Foreign ... ( read original story ...)
The most fascinating details and secrets from inside Singapore Airline’s food facility
How airplane food is made can depend on the airline. For Singapore Airlines, they contract an airline catering firm called Gate Gourmet in Switzerland to produce more than 50,000 meals a day. Some of the most fascinating details and secrets from inside ... ( read original story ...)
Book on engineering feats that transformed Singapore launched
SINGAPORE - During the Severe Acute Respiratory Syndrome (Sars) crisis in 2003, a team of engineers and researchers from the Defence Science and Technology Agency (DSTA) and ST Electronics risked their lives to set up data collection systems in hospitals. ( read original story ...)
MAS urges banks in Singapore to be vigilant against cyber threats
"MAS has been working with financial institutions in Singapore on a number of initiatives to continuously deepen the sector's cyber capabilities, taking into account the rapidly changing cyber threat landscape," Mr Tan added. The central bank also ... ( read original story ...)
Singapore needs charismatic leaders like Lee Kuan Yew: PM Lee
Addressing the Singapore University of Technology and Design's (SUTD) first Ministerial Forum earlier this week, Prime Minister Lee said, "It is hard enough to build a strong team of leaders in a small country like Singapore. It would be shortchanged if I ... ( read original story ...)
India, Singapore To Explore New Areas Of Cooperation During PM Modi’s June Visit
Technology is changing the way we work, and how services are delivered and consumed," said Ong Ye Kung, noting that "India has embraced this wave of change". Addressing the 12th International Conference on South Asia in Singapore, the minister highlighted ... ( read original story ...)