UOB on Monday said it has seen a twofold increase in the number of construction firms obtaining loans under value chain financing (VCF) in the first six months of the year, as compared with the end of 2019.
CHINA is bouncing back to drive gains in household wealth out of Asia-Pacific - the only region in the world to record a gain in the first six months of the annus horribilis that is 2020.
THE UK government's Brexit strategy has failed to achieve a workable deal for the financial services sector, even though it is a key exporter and tax generator, observers say.
FLUSH from a V-shaped market rally since the market trough in March, portfolio strategists for wealthy clients remain "constructive'' on risk assets such as equities and credits.
GOLDMAN Sachs Singapore has been charged by the Singapore authorities to pay US$122 million over its involvement in the 1MDB scandal.
A 41-year-old former chief investment officer and managing director of the now-defunct fund manager One Asia Investment Partners (OAIP) was on Thursday charged with two counts of engaging in acts that were likely to defraud investors of a fixed income fund.
GLOBAL household wealth has held steady amid the crisis wrought by Covid-19, given timely relief measures from governments around the world.
THE Monetary Authority of Singapore (MAS) has banned Kevin Michael Swampillai, the former head of the wealth management services department of BSI Bank Singapore, permanently from any regulated activity tied to securities dealing and financial advisory.
THE Singapore authorities have fined Goldman Sachs Singapore US$122 million over its involvement in the 1MDB scandal.
THE Singapore authorities have fined Goldman Sachs Singapore US$122 million over its involvement in the 1MDB scandal.