Fashion
Two Men Arrested for Allegedly Running WhatsApp Phishing Scam Targeting Thousands in Singapore
Two 27-year-old men have been arrested for their suspected role in a series of phishing scams that compromised WhatsApp accounts across Singapore.According to the police, victims first began lodging...
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when the central bank appeared to ease...
Dubai property frenzy sets developers on a US$6 billion debt spree
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years[DUBAI] Property developers in the United Arab Emirates are raising billions...
Singapore court clears way for US$2.7 billion suit against Stanchart in 1MDB scandal-linked claim
Claims involve alleged US$150 million deposit to Najib Razak and millions for Rosmah’s bags and jewellery[SINGAPORE] The Singapore High Court has dismissed an application by Standard Chartered Bank Singapore...
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes[BEIJING] China is importing unusually large quantities of crude oil from...
Owning luxury hotels is tough; long term rewards await patient capital
Jardine Matheson and Frasers Property could gain from hotel ownership over the long term[SINGAPORE] The prestige associated with owning luxury hotels can appeal to the vanity of the super...
Fighting scams: OCBC rolls out free in-app calls for all customers
Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas [SINGAPORE] OCBC said on Monday (Nov 24) it is introducing in-app...
Gold dips as US dollar firms on reduced rate-cut prospects
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments[BENGALURU] Gold prices dipped on Monday (Nov 24), weighed down by a firm US dollar near six-month...
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore[SINGAPORE] Marine logistics company Marco Polo Marine on Monday...
Stocks to watch: Jardine Matheson, Mandarin Oriental, BRC Asia, Lum Chang Creations
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 24): Jardine Matheson: The Hong Kong-based conglomerate said in a bourse filing...
