Singapore’s growing pool of family offices and UHNWIs is one. According to JLL, the fast sell-out at record prices of all 15 strata-office floors in the newly launched freehold project, Solitaire on …
Will Hong Kong or Singapore finance the Global South’s pressing needs if the rich North won’t?
Although Hong Kong and Singapore have very large banking systems, the Basel rules on capital, liquidity and total leverage caps have on the whole made banks much more cautious in taking risks to …
China’s outbound travel surges ahead of ‘Golden Week’ holidays
Bookings for foreign destinations such as Singapore and Australia have increased by 20 times compared with the same holiday period last year, Trip.com says.
Singapore money-laundering case: Value of assets seized swells to S$2.4 billion
SINGAPORE — The value of assets seized or frozen in the largest-ever money-laundering case in Singapore has swelled to more than S$2.4 billion, police said on Wednesday (20 September). The initial …
Singapore’s Largest Money Laundering Case Sees Assets Worth $1.76bn Seized, includes Crypto
In what is being touted as Singapore’s most significant money laundering operation, authorities reported a staggering increase in the total value of assets …
Singapore’s Largest Money Laundering Case Sees Assets Worth $1.76bn Seized, includes Crypto
In what is being touted as Singapore’s most significant money laundering operation, authorities reported a staggering increase in the total value of assets …
China property crisis holds Singapore, Hong Kong REITs back
SINGAPORE — China’s ongoing property crisis has piled further pressure on real estate investment trusts (REITs) in Asia as investors tread warily, with the troubles of Chinese players feeding doubt …
Singapore may split liabiilty for phishing losses between banks and victims
Won’t someone please think of the banks? Singapore officials announced on Monday that next month they will deliver a consultation paper detailing a split liability scheme that will mean both consumers …
Singapore Financial Firms Shrunk Gender Pay Gap by Nearly Half
The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Ministry of Manpower said in a response to a …
Will Japan’s financial sector reforms help Tokyo rival Hong Kong and Singapore?
In New York, PM Fumio Kishida is set to outline plans to entice finance firms, looking at tax, tech, AI and helping foreign and female workers to thrive Analysts are divided on whether this will work, …