Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:58
Handelsbanken to Sell Most of Finnish Unit for €1.3 billion
Swedish lender Svenska Handelsbanken AB has taken a major step toward exiting Finland after it struck agreements to
2023-05-31 15:20
Binance Taps Teng to Run All Regional Markets in Swift Ascension
Binance tapped Richard Teng to head all its regional markets outside of the US, a swift and steady
2023-05-29 18:30
Singapore's Temasek cuts compensation for those responsible for FTX investment
Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team and senior management
2023-05-29 07:18
A father and son will go to prison for a $20 million lottery scheme
A Massachusetts father and son were sentenced in federal court on Monday for a scheme that saw the pair illegally claim more than $20 million in lottery winnings and lie on their tax returns to dodge more than $6 million in federal taxes, prosecutors said.
2023-05-24 06:16
Singapore’s Faster-Than-Expected Inflation Signals Sticky Prices
Singapore inflation, both core and headline measures, came in faster-than-expected in April, as higher business costs continue to
2023-05-23 13:26
Initial jobless claims fell last week as fraudulent activity in Massachusetts clouds data
The number of first-time claims for weekly jobless benefits fell last week to 242,000, down 22,000 from 264,000 the week before, according to data published Thursday by the Department of Labor.
2023-05-18 21:00
Senate Finance chair pushes GOP megadonor for answers about financial ties with Clarence Thomas
Senate Finance Chairman Ron Wyden is pushing back on assertions from GOP megadonor Harlan Crow that the panel lacks authority to request personal tax information and travel records from him as part of a probe into whether hospitality he provided to Justice Clarence Thomas could have triggered violations of US tax law.
2023-05-18 04:59
The agony and ecstasy of scoring last-minute face value Taylor Swift tickets
When Julia Thomas woke up at her home in Cleveland last Saturday, she spontaneously decided to drive 15 hours to the Taylor Swift concert that night in Nashville, picking up her sister in Cincinnati along the way. But they were missing one thing: tickets.
2023-05-13 17:17
Singapore Extends MAS Chief Menon’s Term For Up to Two Years
Singapore extended the term of its central bank chief Ravi Menon by up to two years. The re-appointment
2023-05-12 20:18
Singapore to Allow Banks Share Client Data to Fight Crime
Singapore banks will be able to share information on potentially risky clients next year, a move aimed at
2023-05-09 17:26