Singapore

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,…

U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say

“Financial inclusion,” defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S.,…

Leaders in Southeast Asia say they want to be friends with both the U.S. and China

SINGAPORE — The U.S. and China have been in a political tussle for years now — but other countries shouldn’t…

Standard Chartered-owned crypto firm Zodia launches in Singapore

Zodia Custody, a company that helps large institutions store their crypto, launched in Singapore on Tuesday in a bid to…