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Posted on 07/04/2025

Property tycoon Robert Ng and three children to be designated politically significant persons under Fica

All four are members of committees of China’s top political advisory body. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 07/04/2025

Singapore designates tycoon Robert Ng, his 3 children as politically significant persons

Ng, chairman of Sino Group, and his children have held positions in committees of China’s top political advisory body, according to public records. ( read original story ...)

Posted on 07/04/2025

UOB One Account Nerfed, Effective Rate Down to 3.3% From 4%—Which Savings Accounts Will Earn You More?

The UOB One account is getting nerfed—again. The UOB One account will now earn you a maximum effective interest rate (EIR) of 3.30% p.a., down from 4% p.a., which was in turn down from 5% p.a. Here's ...

Posted on 07/04/2025

Singapore tycoon Robert Ng, 3 children to be designated ‘politically significant persons’ under foreign interference law over links to China body

The property billionaire and his children - all Singaporeans - hold positions in the Chinese People's Political Consultative Conference, or CPPCC. ( read original story ...)

Posted on 07/04/2025

UOB and OCBC to cut interest rates on flagship savings accounts from May 1

DBS and Maybank are not cutting interest rates for now. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/04/2025

Singapore shares fall, with STI tumbling 7.5%

Across the broader market, decliners outnumber advancers 612 to 137. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/04/2025

Singapore shares close lower on Monday; STI tumbles 7.5%

All 30 constituents of the Straits Times Index (STI) closed down, as regional indices settled lower on Monday (Apr 7). Read more at The Business Times.

Posted on 07/04/2025

JPMorgan fund firm launches 3 active ETFs in Singapore; listing here ‘not off the table’

SINGAPORE] JPMorgan Asset Management (JPMAM) registered three active exchange-traded funds (ETFs) in Singapore on Monday (Apr 7), getting the green light to market them to retail investors. The fund ...

Posted on 07/04/2025

UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’ on expected trade slowdown

UOB Kay Hian Research analyst Jonathan Koh thinks the banks’ ability to pay “generous” dividends is “under threat”.

Posted on 07/04/2025

Trump’s Tariff Bombshell: Singapore Banks Caught in the Crossfire

It’s all tied to fears about what those US tariffs might mean for global trade, and Singapore’s banks are right in the crosshairs. The trouble started on April 2, 2025, when Trump unveiled new tariffs ...

Posted on 07/04/2025

DBS lowers STI year end target to 3,855 points

DBS Group Research has lowered its year-end target for the Straits Times Index to 3,855 points from an earlier estimate of 4,080 points. The new target is 0.5 s.d lower than the previous target and is ...

Posted on 07/04/2025

Singapore seen easing monetary policy as tariffs threaten growth

Singapore is expected to further ease monetary policy at next week's review, following a move in January, as U.S. tariffs against its trading partners cast a shadow over the outlook for the ...

Posted on 07/04/2025

Singapore banks lose over S$37 billion in market value as tariff sell-off continues

SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by concerns over US tariffs. Read more at The Business ...

Posted on 07/04/2025

Here are the biggest losers among Singapore stocks in Trump tariff sell-off

The STI extended its losing streak on April 7, plunging more than 325 points. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/04/2025

British woman in Netflix’s Con Mum charged in Singapore

The British woman at the centre of a Netflix documentary on how she allegedly duped her son and left him in debt to fund her champagne-sipping lifestyle has been charged with fraud in Singapore.

Posted on 07/04/2025

EXPLAINED! Why Kenya Shujaa might still be relegated despite second-place finish in Singapore

Kenya Shujaa will have to fight to retain their core status in the HSBC SVNS after finishing ninth in the regular season, despite reaching the Singapore final.

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