Standard Chartered has a “huge competitive advantage” over Singapore’s brand-new digital banks, says CEO Judy Hsu.
UOB Kay Hian maintains “overweight” call on offshore sector, prefers Keppel and SembMarine
UOB Kay Hian’s Adrian Loh has kept his “overweight” call on the local offshore and marine sector, given how steady oil prices will help keep a steady stream of orders in the coming year. In his Nov 23 ...
Police investigating Singapore-based crypto lender Hodlnaut for suspected cheating, fraud offences
SINGAPORE: The police are investigating Singapore-based crypto lender Hodlnaut and its directors for suspected cheating and fraud offences. Between August and November this year, the police received m ...
Singapore warns of slower economic growth in 2023
Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export markets including the United ...
Billionaire investor Ackman bets Hong Kong dollar peg can break
Billionaire investor Bill Ackman said he's betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest big money manager to take a public short bet as U.S. rate ...
Stock Market LIVE Updates: Sensex and Nifty poised for a gap-up start amid positive global cues
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on Thursday amid positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty ...
OCBC Is Now Offering 3.4% P.A. For CPFOA Fixed Deposit, But What’s The Catch?
And with Singapore government treasury bills already yielding 4% in ... To capitalise on Singaporeans parking their OA savings outside of the CPF system for higher yield, OCBC announced last week that ...
Singapore’s 2023 growth forecast at 0.5-2.5%; 2022 forecast narrowed to ‘around 3.5%’
SINGAPORE’S economy is forecast to grow at between 0.5 per cent and 2.5 per cent in 2023, while the official full-year growth forecast for 2022 has been narrowed to “around 3.5 per cent”, according to ...
Singapore serves lab-grown meat to world leaders at COP27 climate conference
The Singaporean government hosted a dinner co-organized with The Good Food Institute APAC and meat company Good Meat to promote lab-grown meat to the international community during the second week of ...
CPF, injury compensation: Gig workers in Singapore to get better protection from 2024
An association comprising three of the largest food delivery platforms here has urged the Government to ensure a level playing field in adopting recommendations by a committee to better protect ...
Hotels a bright spot for Singapore property groups, for now
THE hotel and serviced-apartment sector was the only segment of the Singapore property market that elicited a strong positive outlook from respondents in the latest survey for the Real Estate ... ( read original story ...)
Singapore banks say will do their best to help those with ‘mortgage stress’ amid rising interest rates
According to an OCBC survey, 40 per cent of homeowners face difficulties in repaying loans, up from 31 per cent last year.
S’pore-based crypto lender Hodlnaut faces police probe, public urged to submit documents
Between August and November 2022, multiple police reports were received which alleged that Hodlnaut and/or its directors had made false representations relating to the company’s exposure to the ...
Singapore Police Force Investigate Cryptocurrency Exchange
Binance, one of the largest cryptocurrency exchanges, is accused of non-compliance with local payment services rules in Singapore, including "actively soliciting" users.
Singapore fixed asset investments tumble to $956 million in Q3
Singapore’s fixed asset investment (FAI) commitments dropped sharply in the third quarter of 2022, likely due to weaker economic sentiment amid inflation concerns and the faltering global economy.
Singapore Market ends lower
At closing bell, the Straits Times Index (STI) index was down 3.57 points or 0.11% to 3,255.99 after trading between 3,249.48 and 3,285.48. Volume was 1.13 billion shares worth S$822.80 million ...