Featured Archives • Page 977 of 1186 • Financial News

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MAS accelerates reviews, investigations of criminal and civil cases

THE Monetary Authority of Singapore (MAS) is taking less time to complete reviews and investigations of criminal and civil cases, according to its enforcement report on Wednesday.

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Great Eastern Q3 earnings rise 40% to S$287.9m on valuation of investments

GREAT Eastern Holdings on Wednesday posted a 40 per cent rise in net profit to S$287.9 million for the third quarter ended Sept 30, from S$205.1 million a year ago.

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UOB Q3 profit falls 40% to S$668m

UOB posted a 40 per cent drop in net profit for its third quarter due to pre-emptive build-up of credit allowances, it said on Wednesday.

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Temasek invests in China fund aimed at developing agrifood technology

TEMASEK Holdings is making a further push into the agrifood space, with its participation in the US$30 million first close of a new fund to develop agrifood technology in China.

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World’s biggest IPO halted as Ant Group feels Shanghai’s bite

IN a shock decision, the Shanghai Stock Exchange (SSE) has suspended Ant Group's listing - just two days before the world's largest initial public offering was to take place in the city and in Hong Kong.

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Beijing puts Ant on a shorter leash

Ant mania is getting a reality check from Beijing. Days ahead of the company's record-setting US$34 billion initial public offering (IPO), founder Jack Ma was hauled in by regulators for a chat. Newly unveiled rules also would treat technology middlemen more like banks.

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StanChart Singapore awarded global certification for gender equality

STANDARD Chartered Singapore has been awarded the economic dividends for gender equality (EDGE) certification, a global assessment methodology and business certification standard for gender equality.

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Singapore will stop issuing S$1,000 notes next year to curb money laundering risks

THE Monetary Authority of Singapore (MAS) will discontinue the issuance of the S$1,000 note from Jan 1, 2021.

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Poll shows fintechs bullish about expanding businesses and workforce: Ng Chee Meng

FINANCIAL technology has shown itself to be a "bright spark" amid the Covid-19 crisis, with preliminary findings of an internal survey by the Singapore FinTech Association (SFA) showing that most fintech firms are still bullish about expanding their businesses and workforce.

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MAS subsidies drove first-time bond issuances in 2019: report

SUBSIDIES from the Monetary Authority of Singapore (MAS) drove first-time bond issuances in Singapore in 2019, said its Singapore Corporate Debt Market Development 2019 report released on Friday.

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