Singapore-based UOB Asset Management (UOB AM) is “bullishly neutral” on the near-term outlook for global equities and fixed income and expects positive returns from these markets in this final quarter of 2017. “We maintain a neutral outlook for the ... ( read original story ...)
Singapore stock market likely to extend gains, say analysts
SINGAPORE - After two weeks of solid gains in the stock market that sent the benchmark Straits Times Index (STI) up by nearly 100 points or 3.1 per cent to breach through the 3,300 level, what are the odds of a third week of gain? Pretty good, analysts ... ( read original story ...)
City Developments Limited Leads the Singapore Stock Market Higher This Week
The local stock market, as represented by the Straits Times Index (SGX: ^STI), inched up 0.8% to 3,319.1 points for the week. Out of the 30 STI components, 22 were in the green; seven were in the red while one – Global Logistic Properties Ltd (SGX: MC0 ... ( read original story ...)
Renewed Consolidation Tipped For Singapore Shares
(RTTNews.com) - The Singapore stock market on Thursday ended the two-day slide in which it had fallen almost a dozen points or 0.3 percent. The Straits Times Index now rests just above the 3,300-point plateau although it figures to head south again on Friday. ( read original story ...)
DBS Receives Liberia Registry Approval to Provide IMO DCS Verification Services
Under the approval, DBS will be able to review Ship Energy Efficiency Management ... FSP Lead Asia (Fixed Spot Price / Fixed Price Agreements) (Bunker Holding Group, Singapore) Salling Search has been appointed by Bunker Holding Group to search for a ... ( read original story ...)
DBS Group Holdings Ltd (SGX:D05) HEFFX Highlights
The Development Bank of Singapore (DBS) expects policy fine-tuning from the Indian government — on the lines of the Goods and Services Tax (GST) — in coming weeks. According to DBS, incoming high-frequency data are likely to improve. The index of ... ( read original story ...)
Singapore central bank, bank association, Accenture in blockchain tie-up
NEW YORK (Reuters) - U.S. consulting company Accenture said on Thursday it has been appointed by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) to manage and develop a blockchain-based platform for interbank payments. ( read original story ...)
UOB has just hired NUS’s leading IT security expert
Why has UOB recruited from the National University of Singapore for its latest senior hire? https://news.efinancialcareers.com/sg-en/294652/uob-hire-google-apple/ UOB has recruited a senior information security expert from the National University of ... ( read original story ...)
Accenture Develops DLT Prototypes for Singapore’s Central Bank
Just this week, the Monetary Authority of Singapore (MAS) went public with the three ... project that includes institutions like Bank of America Merrill Lynch, Standard Chartered and Citi, among others, as participants. "Project Ubin is making a great ... ( read original story ...)
Standard Chartered’s Indonesian Power Company Seeks Investors Amid Bribery Probe
Maxpower hired a unit of Jefferies Group LLC in Singapore for the proposed private share placement, according to the document. Representatives for Standard Chartered and Jefferies declined to comment. Maxpower didn't respond to a request for comment. ( read original story ...)
Standard Chartered launches 360 binaural audio experience of Anfield to promote World Sight Day
Standard Chartered, the main club sponsor for Liverpool FC ... covering industry news around the Asia Pacific region with a focus on Singapore and Southeast Asia. Based in Singapore, he has worked across photography, video and online, covering a range ... ( read original story ...)
Accenture to Create DLT Prototype for Singapore’s Central Bank
OCBC Bank, Singapore Exchange, Standard Chartered Bank, and United Overseas Bank. In a statement today Sopnendu Mohanty, Chief FinTech Officer, MAS explained the goal of the project to be: A key outcome of the consortium’s effort is the ability to ... ( read original story ...)
GIC Makes Share Grab at Glenveagh IPO
Singapore’s GIC Private Limited was revealed to have a 10.2% ownership position in Glenveagh Properties PLC at the Irish homebuilder’s initial public offering (IPO) at October 10th, which saw a 14% increase in Glenveagh’s value from an initial market ... ( read original story ...)
HSBC appoints new CEO to replace retiring Stuart Gulliver
Chairman Mark Tucker says Flint has "great understanding and regard for HSBC's heritage, and the passion to build the bank for the next generation." Flint says he's "humbled by the responsibility." He has represented the group in Hong Kong, Singapore ... ( read original story ...)
HSBC picks John Flint for CEO hotseat
Analysts said given the complexity of HSBC, having two outsiders running the bank would have been a challenge. Flint joined the bank in October 1989 and has worked in Hong Kong, Singapore, Indonesia, Thailand, India, Bahrain, the US and the UK. His first ... ( read original story ...)
Singapore monetary policy on Oct 13: Here’s what to expect
Singapore's growth outlook is brightening amid a resurgence ... Speculation is building among analysts, including from United Overseas Bank, HSBC Holdings and Macquarie Bank, that the MAS may remove that language in its October statement to prepare the ... ( read original story ...)