Singapore’s port authority to cooperate with U.S. authorities on Baltimore bridge incident
SINGAPORE (Reuters) – Singapore’s Maritime and Port Authority (MPA) on Tuesday said it was in contact with the U.S coastguard and the management company of …
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Singapore’s Q3 GDP tops initial estimates on financial services, tourism
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy grew faster than initial estimates in the third quarter, helped by a resurgence in tourism and service sector …
Singapore’s Scoot looking into extending A320ceo lease due to Pratt engine issues
By Chen Lin SINGAPORE (Reuters) – Singapore Airlines low-cost subsidiary Scoot is considering extending the lease of some Airbus A320ceo aircraft due to problems with …
Singapore’s central bank looking into banks’ role in $1.8 billion money laundering case
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) …
Singapore’s Aug exports fall 20% y/y, more than forecast
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) fell 20.1% year-on-year in August, official data showed on Monday, as both electronics and non-electronics exports to …
US bank Citi completes sale of Taiwan consumer unit to Singapore’s DBS
By Selena Li HONG KONG (Reuters) – U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore’s DBS Group, …
Singapore’s GIC bets on China after scoring 8-year-high returns
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, plans to continue investing in …
Singapore’s fight against inflation still on amid uncertain growth outlook -central bank
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said …
Singapore’s DBS expects yearly earnings to beat $7.5 billion in medium term
By Navya Mittal and Yantoultra Ngui (Reuters) – Singapore’s biggest bank DBS Group on Monday said it expects to lift annual earnings to more than …
Singapore’s central bank imposes additional capital requirement on DBS Bank
By Navya Mittal and Yantoultra Ngui (Reuters) -The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of …
Singapore’s Keppel to drop conglomerate structure, targets $150 billion AUM by 2030
(Reuters) -Singapore’s Keppel Corp on Wednesday announced a major corporate restructuring, doing away with its conglomerate form and divide itself into three distinct units, in …
Singapore’s Q1 GDP likely slowed, complicating central bank’s task: Reuters poll
By Chen Lin SINGAPORE (Reuters) – Singapore’s economy is likely to have expanded at a slower pace in the first quarter, posing a challenge for …
Singapore’s Feb non-oil domestic exports fall 15.6% y/y
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) fell 15.6% in February from the same month a year earlier, led by falls in both electronic …
Singapore’s Grab brings forward profitability goal, sees strong 2023
(Reuters) -Grab Holdings Ltd, Southeast Asia’s biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline, betting …
Singapore’s Jan non-oil domestic exports fall 25% y/y
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) declined 25% year-on-year in January, led by falls in both electronics and non-electronic products. This was a …
Singapore’s GIC says still exploring China investment opportunities
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking …
Singapore’s December core inflation rises 5.1%
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5.1% in December, slightly higher than forecast, official data showed on Wednesday. The core inflation rate …
Singapore’s Dec non-oil domestic exports fall 20.6% yoy
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics and non-electronic products. On a …
Singapore’s Temasek holds internal review of $275 million FTX-related loss
SINGAPORE (Reuters) – Singapore’s Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its investment in the …
Singapore’s gig workers to get work injury, pension coverage
By Chen Lin SINGAPORE (Reuters) – Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing workers under proposed legislative changes …
Singapore’s deputy PM: FTX case has raised ‘serious allegations’
SINGAPORE (Reuters) – The collapse of crypto exchange FTX has raised “very serious allegations that amount to potential fraud”, Singapore’s finance minister and deputy prime …
Singapore’s asset management sector surges to record as funds expand
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s asset management industry grew to a record size last year, outpacing global growth in the sector as the …
Singapore’s quirky car market offers rare profit for some as prices soar
By Chen Lin SINGAPORE (Reuters) – Almost everywhere in the world a new car begins to lose value as soon as it leaves the showroom, …
Singapore’s Love, Bonito brand owner to open first U.S. store in 2023, eyes IPO
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s Lovebonito Holdings, owner of the Love, Bonito female fashion brand and backed by investors including Chinese buyout firm …
Singapore’s GIC says global recession scenario possible, eyes Australia opportunities
By Praveen Menon SYDNEY (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, said it is factoring in the potential for …
Singapore’s OCBC scouting for Indonesian acquisitions – CEO
By Anshuman Daga, Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore-based Oversea-Chinese Banking Corp Ltd is hunting for acquisitions in Indonesia to speed up …
Singapore’s policy quirk lures bank funding rush
By Tom Westbrook and Rae Wee SINGAPORE – Global banks are rushing to sell bonds in Singapore, where unique monetary settings have opened a favourable …
Singapore’s Frasers Property seeks to take hospitality trust private
SINGAPORE -Singapore-listed Frasers Property Ltd, part of Thai tycoon Charoen Sirivadhanabhakdi’s TCC Group, proposes to take unit Frasers Hospitality Trust private in a deal that …