Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
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Finance
Business
Chocolate Finance takes S$500 million hit from 2 weeks’ run of redemptions; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Majority of Chocolate Finance withdrawals have been paid out
As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been…
Business
Chocolate Finance: Bank or fund manager?
The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers For less-savvy investors,…
Business
Best Ways to Invest Money After Selling Your House
So, you’ve just sold your house. Maybe you needed a change. Maybe you wanted to downsize. Or maybe you just thought, Now’s the time.…
Business
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
News
Smart Ways to Save Money on Everyday Items
Saving money does not mean depriving yourself of the things you love. It means smarter spending and getting more value per dollar. From…
Business
Sing Investments & Finance H2 net profit up 21% at S$20.3 million
SING Investments & Finance (SingFinance) posted a 21 per cent increase in net profit to S$20.3 million for the half year ended Dec 31,…
Business
How to succeed at M&A when most mergers fail
A study conducted on over 40,000 corporate acquisitions over the last four decades determined that around 70 percent of mergers fail, in…
Business
How to succeed at M&A when most mergers fail
A study conducted on over 40,000 corporate acquisitions over the last four decades determined that around 70 percent of mergers fail, in…
Business
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bank CITIGROUP said it expects social finance funding…
News
Average boomer has almost double the savings of millennials
An exclusive survey by Talker Research for Newsweek has revealed a stark generational gap when it comes to savings. Baby boomers, aged…
Business
Best Jobs for Empaths: Where Feelings Meet Finance
Ever feel like you soak up the emotions around you like a sponge? You might be an empath. For folks who feel the world deeply, finding a…
Politics
RFK Jr. clears major hurdle before finance panel, teeing up full Senate vote
The Senate Finance Committee voted Tuesday to advance Robert F. Kennedy Jr.'s nomination to lead the Department of Health and Human…
Business
BNP expands Australia presence by hiring banker for leverage finance market
BNP Paribas has hired a senior leveraged finance banker in Sydney as the French bank expands its presence in one of Asia Pacific’s busiest…
Business
UniCredit heats up Italy finance battle with new Generali stake
UNICREDIT has made a surprise new move in the fight to dominate the Italian financial system by unveiling a minority stake in…
Business
Gen Z most likely to commit "financial infidelity"—study
A new study reveals that members of Generation Z are the most likely to conceal their personal finances from a partner or spouse, the…
Business
Alexander and Valerie Lau Beckman: AI Chat Firm GameOn Couple Arrested for Swindling Over $60M to Finance Lavish Wedding, New Tesla and Private Schools
A prominent Silicon Valley couple has been arrested for allegedly swindling investors of over $60 million to fund their lavish lifestyle.…
Business
Philippine finance chief sees slower rate cuts on global risks
PHILIPPINE Finance Secretary Ralph Recto said the nation’s central bank will continue to deliver interest rate cuts this year, but they…
Business
When couples shouldn't split rent equally, according to a financial expert
Living together is a significant milestone for couples, but making a shared home and cohabiting a space often brings up tough financial…
Politics
New Trump meme comes with a legal waiver
Purchasers of a new meme coin, endorsed by Donald Trump's social media account, must agree to terms and conditions that include a block on…
News
How Unauthorized Immigrants Help Finance Social Security Benefits
The Social Security Administration receives billions in free money each year from an unexpected source: undocumented immigrants. This…
Business
Now on the College Course Menu: Personal Finance
Sean Karaman, a freshman at the University of Nevada, Las Vegas, hadn’t always paid close attention to his credit card spending. But after…
Business
Sebastian Mallaby on Finance’s Intellectual Adventure Stories
Sebastian Mallaby is a senior fellow at the Council on Foreign Relations and the author of five books, including, most recently, “The…