Monetary Authority

Singapore’s Central Bank Penalize Major Financial Institutions for Anti-Money Laundering Breaches

Singapore's central bank, the Monetary Authority of Singapore (MAS), has imposed fines totaling S$3.8 million on leading financial institutions Citibank,…

2 years ago

Stocks fall, dollar gains as U.S. inflation prompts 100 bps hike bets

European shares dropped in early trading on Thursday and the safe-haven dollar was up after the latest red-hot U.S. inflation…

3 years ago

Singapore to hike taxes on rich as it winds down COVID-19 spending

Singapore will begin implementing a long-flagged increase to its goods and services tax next year, its finance minister said in…

4 years ago