Tuesday, 19 November 2024

FINANCE Thursday, 24 March 2022 15:16

Jurors Review 1MDB Loot Proof

The jury of the Roger Ng trial reviewed the prosecutor’s proof of various treasures allegedly bought with stolen 1MDB money in the form of invoices.

FINANCE Thursday, 24 March 2022 12:54

Blythe Masters: «There Happens to be Infinite Available Crypto»

Credit Suisse board member and fintech expert Blythe Masters believes that cryptocurrencies have yet to fulfill their promise as a hedge against inflation, underlining issues with supply limits.

FINANCE Thursday, 24 March 2022 12:15

Singapore Dials Back Covid Restrictions

Singapore will be easing Covid-related restrictions, including border controls, starting next week.

FINANCE Thursday, 24 March 2022 10:51

Western Debt Investors Mull Legal Action Against Evergrande

China Evergrande faces even more mounting pressure with western distressed debt investors reportedly considering legal action over a recently discovered security pledge for more than $2 billion with unnamed banks.

PEOPLE Thursday, 24 March 2022 09:51

Robeco Names New Head of APAC Equities

Rotterdam-headquartered asset manager Robeco appoints a new head of Asia Pacific equities, succeeding Arnout Van Rijn.

FINANCE Thursday, 24 March 2022 05:32

Credit Suisse Founders in Bermuda

The major Swiss bank expects a substantial loss if it loses a court case in the Caribbean island.

FINANCE Wednesday, 23 March 2022 16:00

FBI Agent Details Fund Movements to Alleged Shell Company

FBI agent Sean Kern told the jury of Roger Ng's trial about how he traced $35 million allegedly siphoned from 1MDB to a shell company and some of the subsequent luxury purchases made.

PEOPLE Wednesday, 23 March 2022 14:41

Saxo Markets Appoints Market Strategist in Hong Kong

Saxo Capital Markets strengthens its Hong Kong unit with the appointment of a new market strategist.

PEOPLE Wednesday, 23 March 2022 14:05

State Street Taps Goldman Alum as Private Markets Head

State Street Corp. has appointed Jesse Cole as global head of the private markets segment.  

HIGH-END Wednesday, 23 March 2022 12:15

Alexis Ohanian: «You Have Artists Whose Lives Have Been Changed»

Reddit co-founder and tech venture capitalist Alexis Ohanian called the «intersection of culture and finance» the most fascinating recent development in the internet sector and an unprecedented liberalization of ownership and value for artists.

PEOPLE Wednesday, 23 March 2022 11:05

Ant Group Taps New Southeast Asia Chief

Chinese fintech giant Ant Group has appointed Jia Hang as its new regional general manager for Southeast Asia.

FINANCE Wednesday, 23 March 2022 10:12

Fintech Acquires Citi Small Business Banking Assets

Fintech firm Validus has entered an agreement with Citi to acquire its small business banking loan portfolio.

FINANCE Wednesday, 23 March 2022 09:02

Temasek’s SeaTown to Raise Funds from Private Investors

SeaTown Holdings, an indirect subsidiary of Singapore’s state-owned investment company Temasek Holdings, is raising funds for its private capital fund from private investors for the first time.

FINANCE Tuesday, 22 March 2022 18:42

Singapore Minister: We Won’t Hesitate to Turn on Budget Tap

Singapore’s Minister of Finance Lawrence Wong, who is in the running to become the city-state’s next prime minister, offered assurances on the economy Tuesday. 

FINANCE Tuesday, 22 March 2022 17:49

Crypto's Life-During-Wartime Advantage

The Ukraine war shows cryptocurrencies' usefulness during a crisis, although some fear they are being used to circumvent sanctions. 

HIGH-END Tuesday, 22 March 2022 16:08

Hong Kong Exodus Drives Surge in Demand for Singapore Schools

The exodus of expatriates from Hong Kong to Singapore has led the latter to reportedly experience a surge in demand for enrolment in top private schools.

FINANCE Tuesday, 22 March 2022 14:57

Top Chinese Developers to Miss Earnings Deadline

A number of China’s top property developers listed on the Hong Kong stock exchange issued statements warning that they will probably miss the March 31 deadline for reporting audited 2021 results. 

FINANCE Tuesday, 22 March 2022 10:22

U.S. Unexpectedly Announces New Sanctions Against China

U.S. authorities have unexpectedly announced sanctions against Chinese officials over human rights issues in Xinjiang, Tibet and Hong Kong during the height of Washington’s efforts to convince Beijing not to back Moscow in the Ukraine invasion.

FINANCE Tuesday, 22 March 2022 09:21

UBS Named as Bank for Shell Company of Roger Ng’s Wife

In the latest of Roger Ng’s 1MDB trial, an FBI agent claims that his wife played a major role in creating a shell company to open an account with Swiss financial giant UBS.

FINANCE Tuesday, 22 March 2022 07:21

Julius Baer Has a Handful of Sanctioned Clients

The Swiss private bank opens up about its exposure to Russia, while reducing its local activities in the country.

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