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Money laundering accused faces six new charges for alleged forgery and conspiracy to cheat StanChart
CAMBODIAN passport holder Chen Qingyuan, one of the 10 foreign nationals involved in the S$3 billion money laundering case in Singapore, was on Tuesday (Feb 20) slapped with six...
PSA aims to cut 10,000 tonnes of truck emissions a year in fleet management tie-up
PSA Singapore (PSA) could cut the carbon emissions of its container trucks by 10,000 tonnes per annum if an existing fleet management system is expanded to cover all of...
Singapore shares fall at Tuesday’s open; STI down 0.1%
SINGAPORE shares fell at the opening bell on Tuesday (Feb 20) morning, despite overnight gains in European markets. The Straits Times Index (STI) fell 0.1 per cent or 2.32...
Capital One to buy Discover Financial in US$35.3 billion all-stock deal
CAPITAL One, a US consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services in an all-stock transaction valued at...
Stocks to watch: Sembcorp, SGX, Gallant Venture, GHY Culture, Dasin Retail Trust
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 20): Sembcorp Industries: The energy company has posted a 15 per cent year-on-year...
Bangkok, Florida lose as airlines axe less frequented routes
CITIES around the world from Bangkok to Detroit are fading from international flight networks as the post-Covid travel boom funnels traffic into more traditional hubs. Across South-east Asia, pre-pandemic...
Oil gains marginally as demand jitters counter Middle East conflict
BRENT crude oil prices settled slightly higher in an abbreviated session on Monday, as lingering supply concerns from tensions in the Middle East were offset by signs of weakening demand. Oil markets’...
Key to unlocking blended finance’s promise remains elusive
A RECENT report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA) and India’s auctusESG makes a familiar argument: Blended finance can help to unlock financing for...
