(Bloomberg) -- An unexpected contraction in Singapore’s economy in the second quarter sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity. Gross ... ( read original story ...)
Go-Jek and SCB raise delivery app competition
Its services are considered to compete directly with Singapore-based Grab. Go-Jek's Get has 20,000 motorcycle drivers for food and parcel delivery and 20,000 restaurant partners, with 1 million ... ( read original story ...)
Strong demand for UOB’s $750 mil perps despite lowest yield for Basel III AT1 SGD issue
UOB is the sole Global Coordinator, and joint lead manager along with Australia and New Zealand Banking Group, Standard Chartered Bank (Singapore), HSBC Singapore Branch and UBS AG Singapore Branch. ... ( read original story ...)
Police, OCBC to automate data retrieval process for financial crime investigations
SINGAPORE: The data retrieval process between Singapore Police Force and OCBC bank will soon be automated to enable financial crime cases to be solved quickly and more efficiently, it was announced in ... ( read original story ...)
UOB prices $750m 3.58% perpetual securities
SINGAPORE - United Overseas Bank (UOB) has priced $750 million of 3.58 per cent additional tier one perpetual capital securities at an initial spread of 1.795 per cent above the seven-year Singapore ... ( read original story ...)
DBS named World’s Best Bank by Euromoney magazine
SINGAPORE - DBS has been named the World's Best Bank by Euromoney magazine in a first for an Asian bank. Euromoney editor Clive Horwood said DBS represented what a bank today should look like: "No ... ( read original story ...)
Bank of Singapore’s Hong Kong CEO on Developing a Greater China Proposition
Tan has been with Bank of Singapore since 2010 and since January 2018 leads the overall strategy to drive the bank’s presence in Greater China and North Asia, with a strategic focus on the ... ( read original story ...)
Deutsche Bank employees in Singapore face looming threat of retrenchment as German firm carries massive overhaul globally
Deutsche Bank’s employees in Singapore are currently on edge as the German multinational investment bank and financial services company embarks on its sweeping restructuring plan, which will impact ... ( read original story ...)
Deutsche Bank axes 18,000 staff around the world, including Sydney, New York and London offices
Will clients stick with us or is the game over?” said a Singapore banker who remains in his job. Deutsche Bank has been operating in Australia since 1973. In Australia, the bank provides services ... ( read original story ...)
Deutsche Bank careers end in an envelope, a hug and a cab ride
Deutsche Bank confirmed on Sunday that it was closing huge parts of ... Will clients stick with us or is the game over?” said a Singapore banker who remains in his job. ... ( read original story ...)
Indonesia’s Go-Jek to announce tie-up with Thai lender
The announcement is likely to deepen its partnership with the SCB. Go-Jek is said to have secured ... putting pressure on rival ride-hailing firm, Singapore-based Grab. Both ride-hailers have ... ( read original story ...)
Exchange Behemoth Binance Opens Singapore Branch
Singapore’s tempered regulatory environment and central position in Southeast Asian finance has lead to a flourishing economy of blockchain companies and users. Preceded by a soft launch ... ( read original story ...)
Singapore’s Stock Exchange Backs New Ethereum Security Token Platform
A new trading platform for security tokens has launched with backing from Singapore Exchange (SGX), the country’s public stock market, and technical support from ethereum startup ConsenSys. ... ( read original story ...)
Bargain Hunters May Lift Singapore Stock Market
(RTTNews) - The Singapore stock market has finished lower in three straight sessions, sliding almost 45 points or 1.4 percent along the way. The Straits Times Index now rests just beneath the ... ( read original story ...)
Binance Launches Fiat-Crypto Exchange in Singapore
Cryptocurrency exchange Binance said on Wednesday morning that it has launched in Singapore. Binance SG will allow users to buy and sell cryptocurrencies with Singapore dollars (SGD). This is the ... ( read original story ...)
OCBC, Ngee Ann Polytechnic launch data analytics course
SINGAPORE - A new data analytics course is being launched by OCBC Bank and Ngee Ann Polytechnic to train more data scientists and analysts in Singapore. It consists of 12 modules and will take about ... ( read original story ...)