SINGAPORE: iFAST Singapore, through its wealth advisory division iFAST Global Markets (iGM) Singapore, has introduced a dedicated China Desk to address the offshore wealth management and investment ...
Shein weighs sale of less than 10% of company in London IPO, sources say
Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with ...
Saudi Port Operator Said to Pick Banks for Up to $1 Billion IPO
State-backed Saudi Global Ports Co. has picked banks including Goldman Sachs Group Inc. and HSBC Holdings Plc to help arrange a planned Riyadh initial public offering, according to people familiar ...
Mapletree Logistics Trust proposes to sell Singapore warehouse for S$12.3 million
THE trustee of Mapletree Logistics Trust (MLT) is proposing to sell a warehouse and office building at 1 Genting Lane in Singapore for S$12.3 million. Read more at The Business Times.
If You Invested S$20,000 in OCBC 10 Years Ago, Here’s How Much You Would Have Received in Dividends
Singapore’s second-largest bank has been a dependable dividend payer all these years, but can it start paying out even more? The post If You Invested S$20,000 in OCBC 10 Years Ago, Here’s How Much You ...
Will Thailand dethrone Singapore as global investment hub in 2025?
BANGKOK: Thailand will introduce the OECD’s Global Minimum Tax of 15% for multinational corporations from Jan 1 next year.
GenAI is a ‘game changer’ for DBS, says chief data officer
“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the opportunity to uncomplicate some of that stuff and interact with our ...
Singaporean man said to be part of crypto scam gang arrested in Thailand
He is suspected of opening digital wallets to receive scam proceeds for the gang. Read more at straitstimes.com.
Singaporean allegedly linked to crypto scam gang arrested in Thailand
A Singaporean man has been arrested in Thailand for his suspected involvement in cryptocurrency scam activities that cheated would-be investors of more than 22.4 million baht (S$887,000). He was part ...
Singapore Private Home Sales Soar to Decade High
Singapore's home sales soared to their highest in over a decade, as sentiment continued to be buoyed by global interest-rate cuts. Private home sales, excluding executive condominiums, more than ... ( read original story ...)
Share buyback and dividend yield to support DBS shares despite lower NIM ahead, says OCBC
DBS Group Holdings has guided for a "slight decline" in net interest income but Carmen Lee of OCBC Investment Research has kept her "hold" call on DBS Group Holdings, with a view that the bank's $3 ...
DBS keeps ‘buy’ and $3.85 target price on CapitaLand Investment following A$200 million Wingate deal
DBS Group Research has kept its "buy" call and $3.85 on CapitaLand Investment after it announced the A$200 million ($173 million) acquisition of the property and credit investment business of Wingate ...
DBS names CapitaLand Integrated Commercial Trust and Frasers Centrepoint Trust as top retail REITs going into 2025
Singapore’s retail scene has “beaten all odds” since the pandemic and in 2024, they say. Suburban retail sales stayed resilient above 15% to 20% even though there was lower traffic to malls, while ...
Allianz withdraws $1.63 billion offer for Singapore’s Income Insurance
Allianz has withdrawn its offer to acquire at least 51% of Singapore's Income Insurance for about $1.63 billion, the German company said in a statement on Monday. Reuters reported on Dec. 13 that the ...
iFAST Singapore launches China desk to meet Chinese investor needs
FAST Singapore has launched a China Desk to meet the offshore wealth allocation needs of Chinese clients both within and outside China.
What does a bank’s ‘kill switch’ kill? It became a point of contention after a victim lost money
SINGAPORE: In October, a customer called a bank to freeze all his cards and savings, only to discover later that not all fund transfers were disabled.