Tag: Banking
Chinese state-owned companies debt defaults send investors into a tizzy
India, Dec. 14 — Despite claims of an economic recovery, Chinese state-owned companies are defaulting on their debts. A string of missed debt repayments...
Top bankers reveal Hong Kong elite are moving their wealth to Singapore and other...
After several months of social and political unrest, many of Hong Kong's rich are opening offshore accounts as a contingency plan.
Top bankers gathered in...
Wirecard shares slide over incomplete Singapore audit
Shares in German payments firm Wirecard fell Wednesday on revelations that a 2017 audit of its troubled Singapore unit could not be completed, but...
DBS exec: Hong Kong fund flows to Singapore are “overstated”
Singapore — Because of the ongoing political unrest, are the rich folks of Hong Kong really flocking to Singapore? DBS claims otherwise.
In an interview...
Hong Kong millionaires rush to move their assets to Singapore
Singapore — The current civic and political unrest in Hong Kong is giving another demographic cause for concern. More and more Hong Kong millionaires...
I Got Robbed in Tokyo – Stan Chart Says It’s My Fault
Getting robbed can be a traumatic experience – especially if it happens in a foreign country, and ends in a surgery ward. You'd expect...
Let’s not stoop to Anton Casey’s level
Dear fellow Singaporeans,
I write these words with concern over the extent to which the Anton Casey has brought out the worst in us as...
Singapore: Tax haven or not
While Singapore banks are consistently ranked among the strongest in the world, allegations of secrecy remain
By Gaurav Sharma
Amid growing concern internationally on the use...