Business
Guinness-owner Diageo CEO step downs after tough two years, finance chief to lead in interim
Diageo CEO Debra Crew has stepped down after just two years in the job, the world’s biggest spirits maker said on Wednesday (Jul 16), with…
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Finance
Business
MAS, PBOC to deepen collaboration in green and transition finance
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At…
Business
MAS, PBOC to deepen cooperation in green and transition finance
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At…
Business
Singapore’s future bankers vie for coveted spots at university finance clubs
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years…
Business
How AI is transforming corporate finance
The role of the CFO is evolving—and fast. In today’s volatile business environment, finance leaders are navigating everything from…
Business
This overlooked personal finance tip can help your loved ones
Thinking about your own death is not something most people enjoy doing. However, if you plan to pass on savings or assets, like a home,…
Business
Finance ministry says SRS withdrawal process ‘can be improved’, will work with banks on this
The government will work with Supplementary Retirement Scheme (SRS) bank operators to smoothen account holders’ process of withdrawing…
Business
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
Dozens of staff at Standard Chartered have reportedly been laid off in Singapore in a fresh round of job cuts by the London-based bank.…
Business
New Zealand finance minister would like RBNZ to return to eight meetings a year
New Zealand’s Finance Minister Nicola Willis said on Tuesday that she would like New Zealand’s central bank monetary policy committee to…
Business
Overcoming challenges in sustainable finance
Helge Muenkel, chief sustainability officer, DBS Victor Wong, head of sustainability office, UOB Asset Management Mike Ng, group chief…
Business
OCBC partners Ant International to offer embedded finance to Indonesia SMEs
Tie-up taps the bank’s presence and knowledge of SMEs and customer franchise in Indonesia, and Ant International’s capabilities in…
Business
Hope and Anxiety Share the Stage as Finance Titans Converge on L.A.
Beneath the grand chandeliers of the International Ballroom at the Beverly Hilton Hotel, at rooftop bars and at private parties at…
Business
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief…
Business
Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs
Frasers Hospitality Trust (FHT) on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to S$0.010257 for…
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Japan’s finance minister says U.S. Treasury holdings could be ‘a card’ in Trump tariff talks
Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration,…
Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Business
Olam Group to finance business reorganisation with proceeds from sale of remaining Olam Agri stake
Agribusiness giant Olam Group announced plans to finance the reorganisation of its business using divestment proceeds from two sources of…
Business
Resolving succession at Kwek Leng Beng's Hong Leong Finance
Succession troubles surfaced recently at local-listed property and hotel group City Developments Ltd (CDL), when executive chairman Kwek…
Business
OCBC to finance £10 billion in UK investments by 2030 under new partnership
OCBC plans to deploy £10 billion (S$17.4 billion) in financing over the next six years to support foreign direct investment into the…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Chocolate Finance takes S$500 million hit from 2 weeks’ run of redemptions; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Majority of Chocolate Finance withdrawals have been paid out
As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been…
Business
Is it a bank? Is it a fund manager? Chocolate Finance meltdown highlights need for clear distinction
The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers For less-savvy investors,…