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Singapore Banks Probe Rich Clients After Money-Laundering Case

(Bloomberg) -- Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows, according to people familiar with the matter.Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMacron and Scholz Get Trounced by Far Right in EU ElectionsPutin Is Running Out of Time to Achieve Breakthrough in Ukrai...
Hong Kong Loretta Yuen Bloomberg Businessweek Bernadette Toh Zhang Ruijin Vang Shuiming
Source: yahoo.com

Ping An Sold Country Garden Stake, Has No Plans for Takeover

(Bloomberg) -- Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans to acquire the distressed Chinese developer, the company disclosed in a Shanghai Stock Exchange filing on Wednesday. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseXi to Meet US Business Leaders for Dinner in San FranciscoVirginia Democrats Fend O...
Ping An Hong Kong Xinyi Luo Zhu Lin Emma Dong Evelyn Yu
Source: yahoo.com

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Singapore Central Bank Chief Unfazed by Suddenly Hawkish Peers

(Bloomberg) -- Singapore’s monetary policy “remains appropriately tight,” according to the city state’s central bank chief Ravi Menon who signaled that authorities aren’t necessarily under pressure to do more even as regional peers turn hawkish.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeGM Hit ...
Bloomberg Businessweek Ravi Menon Richard Lewis Paul Dobson Suvashree Ghosh Haslinda Amin
Source: yahoo.com

Here's All You Need to Know About Thailand's New Prime Minister

(Bloomberg) -- Srettha Thavisin, a former property tycoon, has become Thailand’s first new prime minister in nearly a decade.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedBacked by a coalition of populist and conservative parties, Srettha won ...
Pakpilai Thavisin Prayuth Chan Ocha Anuchit Nguyen Bloomberg Srettha Thavisin Sansiri Pcl Bloomberg Businessweek
Source: yahoo.com

Property Tycoon Bids to Emerge From Turmoil as Thailand's Leader

(Bloomberg) -- Srettha Thavisin, a former property tycoon and a political newcomer, is set to take a shot at becoming Thailand’s next prime minister in a vote scheduled on Tuesday that may help resolve a monthslong political impasse.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woe...
Kaseedit Choonnawat Suttinee Yuvejwattana Bloomberg Srettha Thavisin Chuvit Kamolvisit Sansiri Pcl Paetongtarn Shinawatra
Source: yahoo.com

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