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Singapore's central bank on Wednesday said it had imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life , for breaching requirements on anti-money laundering and countering terrorism financing.
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) - Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wa...
Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Two vendors there, who spoke with Reuters in person on condition of anonymity, said they could provide small numbers of A100 artificial intelligence chips made by the U.S. chip designer, pricing them at $20,000 a piece - double the usual price. While buying or selling high-end U.S. chips is not illegal in China, U.S. export restrictions have created a de facto underground market with vendors keen not to draw scrutiny from either U.S. or Chinese authorities.
Singapore for the first time became the most expensive city for goods and services for wealthy people, overtaking Hong Kong, London and New York, according to a report on Tuesday. Cars... | June 20, 2023
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Singapore-based Grab Holdings is preparing its biggest round of job cuts since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter.