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(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 UkraineSchol

Singapore property firms City Developments Ltd. and CapitaLand Investment Ltd. reported bigger-than-expected declines in full-year profits

Singapore expects its budget to swing back to a surplus in the fiscal year beginning April, as recent tax increases shore up revenue and help pay for social…

(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 Off Republican Sweep in Win

During the great pandemic-era Bitcoin boom, Singapore established itself as one of the hubs of the cryptocurrency industry, drawing in entrepreneurs and investors from around the world.