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Category: FINANCE

Posted on 08/06/2020

Citi turns ‘sell’ call on Singapore banks to ‘buy’ amid bets on V-shaped recovery in 2021

One of the rare "sell" calls on the Singapore banks has returned to the herd, as Citi Research on Monday (June 8) upgraded its call on the sector to a "buy".. Read more at straitstimes.com. ( read original story ...)

Posted on 08/06/2020

Singapore stock watch: SIA, UOB, ST Engineering, HPHT, Banyan Tree

The following companies saw new developments that may affect trading of their securities on Monday (June 8):. Read more at straitstimes.com. ( read original story ...)

Posted on 08/06/2020

Singapore Airlines secures $1 billion additional credit after rights issue

Global airlines have taken a huge blow as curbs imposed to stop the spread of the coronavirus led to a plunge in travel demand, leading to a liquidity crisis at firms. Singapore Airlines' total ... ( read original story ...)

Posted on 08/06/2020

Singapore can remain exceptional in these testing times

We will step up testing and contact tracing significantly. Then we can catch new cases early, isolate them and their contacts, and stamp out clusters before they grow. If all goes well and the ... ( read original story ...)

Posted on 07/06/2020

A value investor’s guide to ‘exploiting’ the Singapore Savings Bond

You can park your money in Singapore Savings Bonds!’ I am sure you’ve heard something like that before.As investors, we want to keep a war chest of cash that’s ready to be deployed in the stock market ... ( read original story ...)

Posted on 07/06/2020

Coronavirus: More bank branches, post offices reopening with safety checks

Providers of essential services like banks and postal operator Singapore Post are gearing up to resume activities safely post-circuit breaker, with more branches reopening for business.. Read more at ... ( read original story ...)

Posted on 07/06/2020

More bank branches, post offices reopening with safety checks

Providers of essential services like banks and postal operator Singapore Post are gearing up to resume activities safely post-circuit breaker, with more branches reopening for business.. Read more at ... ( read original story ...)

Posted on 06/06/2020

More seem keen on mortgage refinancing as interest rates fall

More home owners may be considering refinancing their mortgages, as banks' interest rates for floating home loans are at their lowest in recent years.. Read more at straitstimes.com. ( read original story ...)

Posted on 05/06/2020

Is The Stock Market’s Optimism For Economic Recovery Valid?

The gap between the current ADS level and what's considered a growth profile is an economic chasm. Deciding if the market is accurately pricing in the economic ... ( read original story ...)

Posted on 05/06/2020

More home owners considering refinancing loans as banks cut interest rates

More home owners are refinancing their mortgage, as banks' interest rates for floating home loans are at its lowest in recent years.. Read more at straitstimes.com. ( read original story ...)

Posted on 05/06/2020

Singapore heading for record unemployment in 2020 -finance minister

Singapore's finance minister said its unemployment rate could rise to a record of over 100,000 in 2020 due to fallout from the COVID-19 pandemic. Sin ... ( read original story ...)

Posted on 05/06/2020

Singapore: Manufacturing sector seen under pressure – UOB

Economist at UOB Group Barnabas Gan assessed the latest PMI figures in Singapore. Key Quotes “Singapore’s manufacturing and electronic PMI reported by SIPMM rose in May 2020 a ... ( read original story ...)

Posted on 05/06/2020

Strong demand for HK dollar ‘linked to IPO market’

The Hong Kong Monetary Authority (HKMA) has intervened the local currency market to prevent the Hong Kong dollar from breaching the strong end of ... ( read original story ...)

Posted on 05/06/2020

The CCl Exchange Has Become a Bellwether for the Issuance of New Currency at Home and Abroad

NEW YORK, NY / ACCESSWIRE / June 5, 2020 / The CCl Digital Currency Trading Platform, CCI Exchange, which is headquartered in Singapore, is a global digital currency trading service provider. The ... ( read original story ...)

Posted on 05/06/2020

Singapore retail sales post record 40.5% fall in April during COVID-19 lockdown

Singapore's retail sales fell a record 40.5% in April from a year ago due to lockdown measures implemented in the city-state to curb the spread of the novel coronavirus. The fall is the biggest since ... ( read original story ...)

Posted on 05/06/2020

Oil Trader Winson Demands Payment From OCBC For Hin Leong Deal

The spectacular collapse of Singapore oil trader Hin Leong Trading (Pte) Ltd. has sparked another legal skirmish between one of its banks and a trading rival. ( read original story ...)

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