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Singapore's central bank imposed penalties on the local units of U.K.-based Standard Chartered and private bank Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund and said it was nearing... [Read More]
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Thousands of clients are being booted out of bank acco... [Read More]
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During Singapore's full moon festival last month, employer John Kong was focused more on cost-cutting than celebrating.. Read more at straitstimes.com. [Read More]
The Monetary Authority of Singapore (MAS) has asked Swiss wealth manager Falcon Private Bank Ltd to cease operations in the city state over lapses related to handling fund flows with scandal-hit Malaysian sovereign... [Read More]
"At this moment in time, Aabar is not selling the bank," Falcon Chief Executive Walter... [Read More]
Singapore-listed commodities trader Noble Group agreed to sell its North American energy distribution unit to U.S. firm Calpine Corp for $1.05 billion, moving a step closer to completing a restructuring to raise... [Read More]
* Noble shares rise 7 pct in early trade (Adds market reaction, comment, restructuring details) [Read More]
McDonald's Corp is nearing a deal to sell 20-y... [Read More]
McDonald's Corp is nearing a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia's Reza group, in a transaction estimated at up to $400 million, people familiar... [Read More]
* Sources say government indicated it would take big chunk of debt... [Read More]
Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty, people aware of the matter said, a move that could undermine the amnesty and damage... [Read More]
Avolon Holdings, part of China's acquisitive HNA Group, is nearing a deal to buy the aircraft leasing assets of U.S. lender CIT Group for between $3 billion and $4 billion, people familiar with... [Read More]
Avolon Holdings, part of China's acquisitive HNA Group is nearing a deal to buy the aircraft leasing assets of U.S. lender CIT Group (CIT.N) for between $3 billion and $4 billion, people familiar... [Read More]
Chinese state-backed firms are frontrunners to buy a $1.5 billion controlling stake in Pakistani utility K-Electric, sources said, as they bet the benefits of a Beijing-led economic corridor will trump the risks of... [Read More]
Chinese state-backed firms are frontrunners to buy a $1.5 billion controlling stake in Pakistani utility K-Electric, sources said, as they bet the benefits of a Beijing-led economic corridor will trump the risks of... [Read More]
AirAsia Bhd (AIRA.KL), Asia's biggest budget airline, will kick off the sale of its leasing unit this month, seeking to cut debt with a deal that could value the business at about $1... [Read More]
AirAsia Bhd (AIRA.KL), Asia's biggest budget airline, will kick off the sale of a majority stake in its plane leasing unit this month, a deal that could value the business at about $1... [Read More]
Hong Kong and Singapore are taking steps to curb the regulatory powers of their local bourses to remove a perceived conflict of interest and improve the quality of listed companies. [Read More]
China's HNA Group and a firm backed by Hong Kong tycoon Li Ka-sh... [Read More]
U.S. lender CIT Group Inc has kicked off the sale of its aircraft leasing assets by inviting more than a dozen entities to consider bidding, including China's HNA Group, Industrial and Commercial... [Read More]
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