Welcome!
Standard Chartered
Fintech
Fintech startup soCash raises US$6 mil in series B funding round
SINGAPORE (July 22): soCash, the Singapore-headquartered fintech startup, announced that it has raised US$6 million ($8.2 million) in its series B funding round.
July 22, 2019
Restructuring
Standard Chartered to cut Dubai, Singapore jobs
LONDON/DUBAI (Dec 3): Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people familiar with the matter said.
December 03, 2018
Global Economy
Asia ex-Japan may see a less bountiful 2018 after record year of bond transactions: Debtwire
SINGAPORE (Jan 11): The Asian USD high-yield (HY) bond primary market in 4Q17 was boosted by the resurgence of offshore-issuance approvals from Chinese regulators and a continued appetite for new paper.
January 11, 2018
The ultra rich in Singapore and HK keep poaching Morgan Stanley’s top bankers
SINGAPORE (Nov 23): Asia’s swelling ranks of mega-wealthy are proving to be a mixed blessing for Morgan Stanley.
November 23, 2017
Results
Tat Hong's 2Q losses narrow to $2.8 mil on improved gross profit
SINGAPORE (Nov 14): Tat Hong Holdings saw its losses for the 2Q18 ended Sept nearly halve to $2.8 million from its reported loss of $5.4 million in 2Q17, mainly due to an improvement in gross profit and share of profit from associates and joint ventures (
November 14, 2017
StanChart said to be probed on clients' US$1.4 bil transferred to Singapore
(Oct 6): Regulators in Europe and Asia are investigating Standard Chartered over the role staff may have played in transferring US$1.4 billion ($1.9 billion) of private bank client assets from Guernsey to Singapore before new tax transparency rules were i
October 06, 2017
Yanlord inks $1.5 bil credit facility with consortium of 26 financial institutions
SINGAPORE (April 24): Real estate developer Yanlord Land Group today signed a landmark US$1.05 billion ($1.5 billion) syndicated 3.5 year credit facility with a consortium of 26 global banks and financial institutions, for refinancing and general corpora
April 24, 2017
EY Entrepreneur of the Year 2017 now open for nominations
SINGAPORE (Feb 7): The 16th annual EY Entrepreneur Of The Year (EOY) awards was officially launched at a ceremony held at St Regis Singapore today.
February 07, 2017
1MDB Watch
Ex-BSI banker Yeo Jiawei found guilty; to be sentenced on Dec 22
SINGAPORE (Dec 21): Former BSI bank wealth planner Yeo Jiawei has been found guilty of hindering investigations into 1MDB-related fund flows by tampering with witnesses.
December 21, 2016