The Singapore casino of billionaire Sheldon Adelson’s Las Vegas Sands Corp. is being probed by the U.S. Department of Justice over whether anti-money laundering regulations were breached in the way it …
Singapore bank deposits jump as Hong Kong, virus sow uncertainty
A record jump in money flowing into Singapore bank accounts from abroad underlines the city-state’s safe haven appeal during the COVID-19 pandemic and political uncertainty in rival financial centre …
Profit Taking Predicted For Singapore Stock Market
The Singapore stock market has spiked higher in four straight sessions, surging almost 200 points or 7.7 percent along the way. The Straits Times Index now rests just above the 2,705-point plateau …
Singapore to Build Vaccine Manufacturing Capacity Amid Pandemic
Singapore is building up its vaccine manufacturing capacity in order to offer fill and finish contract manufacturing services to vaccine developers, Singapore Prime Minister Lee Hsien Loong said in …
BNY Mellon to Build FX Pricing & Trading Engine in Singapore
The Bank of New York Mellon Corporation BK recently announced its plan to set up an FX pricing and trading engine in Singapore. This will be in collaboration with the Monetary Authority of Singapore …
UBS Boosts Conviction in Singapore Equities’ Bull Market Run
The Singapore stock market’s relatively late entry into bull territory could bode well for its staying power even as the rally in global equities starts to look a bit stretched.
Nomura is ‘underweight’ on Singapore stocks, says strategist
Singapore’s stock market is heavily dominated by banks and property-related stocks, whose sectors are likely to remain under pressure from the coronavirus hit to the economy, says Chetan Seth, …
China and Singapore’s Air-Travel Experiment: A ‘Fast Lane’ With Lots of Waiting
Singapore and China will allow some business travel between the two countries to restart as they ease border controls designed to slow the pandemic’s spread.
Singapore Landlords Need a Post-Covid Remake
Every third dollar changing hands on Singapore Exchange Ltd. is because of someone buying or selling units in a real estate investment trust. But has the city’s REIT mania gone a bit too far? The cor …
Singapore Warns of ‘Urgent’ Job Loss Challenge in Year Ahead
One of Singapore’s top political leaders said the city-state faces a “major and urgent challenge” in the next six months to a year, warning of more job losses ahead amid the coronavirus outbreak.