News
Citi Private Bank hires Hoo Peng Han as it rebuilds family office team in Asia
CITI Private Bank has hired Hoo Peng Han as a director of its global family office group in Asia, as it rebuilds its family office team in the region.Hoo,...
Retirees should build nest egg of at least S$550,000 for ‘conservative’ needs, but Gen Zs, millennials could fall behind: DBS
BY 2030, a 65-year-old retiree would need a nest egg of at least S$550,000 to meet expenses based on “conservative needs” for 20 years. Those with more “aspirational wants”,...
Commerzbank plans job cuts, new targets to keep UniCredit away: sources
GERMANY’S Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy’s UniCredit, multiple sources with direct knowledge of the plans...
South Korea’s Mint halts gold bar sales as supply tightens
SOUTH Korea’s Mint has temporarily suspended sales of gold bars, adding to signs of widespread tightness across markets for physical precious metals.The Korea Minting and Security Printing said it’s...
Malaysia’s Sarawak now gets its own airline in autonomy quest
Sarawak will sign a sales and purchase agreement on Wednesday to acquire MASwingsMALAYSIA’S Sarawak state will acquire a sister company of national carrier Malaysia Airlines, its latest move to...
Only 5 SGX-listed companies made it to a list of 100 fastest growing firms in Singapore
THERE are only five Singapore Exchange (SGX)-listed companies on a list of 100 fastest-growing firms based in Singapore and they hail from a diverse range of sectors, a recent...
Only these 5 SGX-listed companies made it to a list of 100 fastest growing firms in Singapore
THERE are only five Singapore Exchange (SGX)-listed companies on a list of 100 fastest-growing firms based in Singapore and they hail from a diverse range of sectors, a recent...
Singapore retail traders shun stocks at home for buzzy US
KELVIN Tan began investing online in 2018 and, like many Singaporeans, put all of his money into local stocks. Two years later, he had switched entirely into US equities....
Percentage of Singaporeans trading in SGX dives as they chase quick gains, liquidity elsewhere
KELVIN Tan began investing online in 2018, and like many Singaporeans, put all of his money into local stocks. Two years later, he had switched entirely into US equities.“The...
Cordlife group CEO resigns, search for replacement ongoing
PRIVATE cord-blood bank Cordlife’s group chief executive officer Yiu Pang Fai, 35, has tendered his resignation “to pursue other opportunities” and its board of directors has accepted his decision. His...
