SINGAPORE: Eight people, aged 16 to 28, were charged in court on Friday (June 24) over their suspected involvement in DBS phishing scams where more than 60 people lost over S$60,000. Their alleged offences include disclosing their Singpass details in exchange for money and opening accounts by duping banks. Six of the suspects are Muhammad Fariz Zulhelmi Rizal, 22, Amani … [Read more...] about Eight linked to DBS phishing scams charged with disclosing Singpass details, duping banks
8 suspects in custody after bank robbery near katy
Real stress hurts bank buybacks
JEROME Powell is putting big United States banks through two stress tests. The Federal Reserve (Fed) chair’s merciless interest-rate increases are hitting asset values hard, and that’s likely to prove painful in second-quarter earnings and beyond. Share buybacks by most big banks are already slower this year than last as they cope with billions of losses on government bonds … [Read more...] about Real stress hurts bank buybacks
China c.bank makes biggest daily cash injection in three months
SHANGHAI: China's central bank made the biggest daily cash injection into the banking system via open market operations in nearly three months on Monday, to ease pressure from rising cash demand towards the end of the first half of the year. The People's Bank of China (PBOC) injected 100 billion yuan ($14.95 billion) worth of seven-day reverse repos, the biggest daily … [Read more...] about China c.bank makes biggest daily cash injection in three months
Cops nab suspected Abu Sayyaf member during Zamboanga operation
MANILA, Philippines – Police authorities have arrested a suspected member of the extremist Abu Sayyaf Group (ASG) who is wanted for several crimes in Zamboanga City, the Philippine National Police (PNP) said Tuesday. In a statement on Tuesday, the PNP identified the suspect as Ban Sali Ubbie, who was arrested at his residence in Brgy. Arena Blanco last Saturday, June 25, … [Read more...] about Cops nab suspected Abu Sayyaf member during Zamboanga operation
Nearly P90,000 ‘shabu’ seized in Subic
An alleged drug den operator and two other suspects were arrested on June 26 inside a makeshift drug den in Subic town, Zambales province. (Photo courtesy of PDEA) SUBIC, Zambales—Some P89,700 worth of “shabu” (crystal meth) was confiscated during an entrapment operation Sunday in a makeshift drug den in this town, authorities said. Reports from the Philippine Drug … [Read more...] about Nearly P90,000 ‘shabu’ seized in Subic