Credit Suisse Group AG’s legal battle with billionaire client Bidzina Ivanishvili has spread to Singapore as the Georgian gears up for trial with a unit of the Swiss lender over what he claims are ... ( read original story ...)
Singapore cryptocurrency exchange Zipmex files for bankruptcy protection
Zipmex, a Singapore-based cryptocurrency exchange primarily operating in South-east Asia, filed for bankruptcy protection on Friday, becoming the latest casualty of the downturn in digital assets.The ... ( read original story ...)
MAS: The World Needs to Move Beyond Just Green Finance to Transition Finance
Green finance alone is not enough as the world, and Asia in particular, needs transition finance, according to Ravi Menon, MAS. ( read original story ...)
MarcumBP expands to Southeast Asia with new Singapore office
With its strong base of experience auditing Chinese issuers listed in the United States market, MBP has expanded its client roster to include Indonesia, Singapore, Malaysia and other Southeast Asia ... ( read original story ...)
Cariflex expands in Singapore with $350 million investment
Cariflex is bringing itself closer to its Southeast Asian customers by building anew on a 6.1-hectare site in Singapore—the largest investment and expansion in the company's history. ( read original story ...)
Listed firms to disclose climate-related risks: Key MAS initiatives to boost sustainable finance
MAS announced new initiatives to help support transition finance as the world shifts towards a greener future. Read more at straitstimes.com. ( read original story ...)
Singapore Airlines swings to profit as passenger traffic improves
SIA's revenue tripled to S$3.9 billion in the three months to June 30 and its quarterly operating profit of S$556 million was the second highest in the company's history. The airline has been ramping ... ( read original story ...)
Key MAS initiatives to boost sustainable finance
SINGAPORE - The Monetary Authority of Singapore (MAS) unveiled its sustainability report for this year on Thursday (July 28) and also announced new initiatives to help support transition finance as ... ( read original story ...)
Sub-sea cable firm OMSG mulls RM1.34bil IPO
SINGAPORE: OMS Group Sdn Bhd (OMSG), a company that installs cable underwater, is weighing a listing in Kuala Lumpur next year that could raise RM1.34bil, according to sources. The company is working ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open marginally lower today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Wednesday's session in the red tracking weakness across global markets. Singapore Exchange (SGX) Nifty futures — an early ... ( read original story ...)
MarcumBP Expands to Southeast Asia with New Office in Singapore’s Marina Bay Financial Centre
MarcumBP (MBP) announced the opening of its new office in Singapore. The office will support its growing practice of clients from Southeast Asia seeking to access global capital markets through an ... ( read original story ...)
Singapore’s GIC reports 4.2% real returns, boosts inflation-proofing assets
Singapore's GIC, which achieved a 4.2% annualized 20-year return through March 31, has boosted alternatives to combat spiraling inflation. ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2% | Video
Singapore sovereign wealth fund GIC on Wednesday (Jul 27) reported a slight dip in returns for the last fiscal year and warned of a rapidly shifting investment landscape marked by “profound ... ( read original story ...)
Singapore allows ex-Sri Lankan President Gotabaya Rajapaksa to extend stay by 14 more days
Rajapaksa, 73, arrived in Singapore on July 14 on a 'private visit' from the Maldives after he fled his country to escape a popular uprising against his government's economic mismanagement. He first ... ( read original story ...)
GIC increases investments in inflation-resilient assets as 20-year annualised real return dips to 4.2%
Singapore sovereign wealth fund GIC says its diversified portfolio and cautious investment stance have helped to cushion its performance from the market correction that occurred in early 2022. ( read original story ...)
Singapore’s GIC Says 60/40 Portfolio Starting to Restore Value
The traditional 60/40 portfolio -- alleged by some investors to be dead -- is regaining some of its luster as bonds start to offer more value, according to Singapore’s sovereign wealth fund GIC Pte. ( read original story ...)