Singapore

Singapore Seeks to Jail OK Lim for 20 Years for Cheating HSBC

(Bloomberg) — Singapore oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in one…

Investor reactions to briefing from China’s finance ministry on stimulus

SINGAPORE (Reuters) -China said on Saturday it will “significantly increase” government debt issuance to offer subsidies to people with low…

The best banks in the Asia-Pacific region, according to customers

SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing…

Ray Dalio says Taylor Swift should be president, posts Eras Tour selfie

Hedge fund billionaire Ray Dalio attended a Taylor Swift Eras Tour concert in Singapore, and posted a selfie from the…

Former Swiss finance executive pleads guilty to tax evasion scheme that hid $60 million

WASHINGTON — A former Swiss finance executive pled guilty in New York federal court on Thursday to conspiring to defraud…

Singapore’s Temasek warns that fake agents in China are trying to sell scam investments

Singapore’s Temasek Holdings warned that scammers are allegedly trying to sell financial investment products or instruments to unsuspecting individuals while…

Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking

SINGAPORE — Morgan Stanley Chairman and CEO James Gorman said his firm will be able to cope with “any form”…

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate…

U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia

Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,…