Ahead of the offering, Singapore’s AnAn Group, a strategic partner of China’s CEFC, agreed to purchase global depository receipts (GDRs) during the IPO for $500 million, En+ said in its statement. En+ plans to use the primary proceeds from the offering ... ( read original story ...)
Singapore Shares May Extend Thursday’s Gains
(RTTNews.com) - The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 25 points or 0.7 percent. The Straits Times Index now rests just above the 3,260-point plateau and it may add to its winnings on Friday. ( read original story ...)
Singapore and Thailand mull digital payments alliance
The Monetary Authority of Singapore (MAS) and the Bank of Thailand are in discussions about connecting their national digital payment systems as officials step up efforts to curb the use of cash, according to Bloomberg. The link would bring together ... ( read original story ...)
Regulators probe Standard Chartered over 1.4 billion dollar transfer: source
LONDON (Reuters) - Financial watchdogs in Europe and Asia are investigating Standard Chartered Plc (STAN.L) over the transfer of 1.4 billion dollars of private bank client assets from Guernsey to Singapore ahead of new tax transparency rules, according to ... ( read original story ...)
Standard Chartered Probed on $1.4 Billion Client Transfers
Regulators in Europe and Asia are investigating Standard Chartered Plc over the role staff may have played in transferring $1.4 billion of private bank client assets from Guernsey to Singapore before new tax transparency rules were introduced, people with ... ( read original story ...)
DBS Snappy Deals 2017 – Shop Online and Unlock Exclusive SUSD 1 Deals on Qoo10
SINGAPORE: Qoo10, Asia's leading online marketplace, partners with event organizer, DBS Bank for its 'DBS Snappy Deals 2017' promotion. This promotion is valid from 15 September to 14 November 2017, exclusively for DBS/POSB cardmembers. There will be ... ( read original story ...)
Singapore Bourse May Snap Losing Streak
(RTTNews.com) - The Singapore stock market has finished lower in two straight sessions, sliding more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,235-point plateau although it may find traction on Thursday. ( read original story ...)
Tracking Shares of Singapore Index MSCI Ishares (EWS) — Market Focus
Watching the signals on shares of Singapore Index ... the speed and change of stock price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. Simply put, the ATR ... ( read original story ...)
Genting Hong Kong exits Singapore bourse
Casino operator Genting Hong Kong is exiting the Singapore Stock Exchange as the holding company consolidates ... “Genting Hong Kong is committed to the growth of the Asian cruise market. As we continue to expand our product offering and services to ... ( read original story ...)
Singapore shares gain on real-estate developers, Malaysia stocks fall
KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose Thursday, led by real-estate developers amid expectations of a rebound in the city-state's residential property market. Malaysia shares ... Responding to a stock exchange query regarding trading ... ( read original story ...)
DBS’ journey to a cashless society
In April this year, DBS announced a vital new iteration for PayLah! In a Singapore first, all DBS PayLah! users – including non-DBS/POSB customers – can now pay using QR codes and also receive funds by generating their own QR code. This is a key step ... ( read original story ...)
UOB launches Business Banking service for SMEs
HCM CITY — Singapore’s United Overseas Bank (UOB) has launched a Business Banking service dedicated to help small businesses in Việt Nam grow their business. The move followed the recent State Bank of Việt Nam’s licensing of UOB as a foreign ... ( read original story ...)
OCBC app to offer voice banking
Singapore's Smart Nation push saw a new development with OCBC tapping Apple's Siri virtual assistant to allow businesses to transfer funds just by speaking to their Apple iPhone. This will be possible with next Monday's roll-out of a new feature on its ... ( read original story ...)
The ship is still sinking for Singapore’s shipyard sector
Oil prices and contract wins are not enough. Despite the rise in prices in the Brent crude and recent contract wins, recovery may still be out of reach for the shipyard sector, according to UOB Kay Hian. The firm said the recent rally in Brent crude prices ... ( read original story ...)
Singapore stocks snap two-day fall as lenders recover
Singapore stocks recovered after two sessions of declines on ... United Overseas Bank gained 1.4 percent, Overseas-Chinese Banking Corp gained 0.5 percent and DBS Group Holdings added 0.8 percent each. Shares in the aircraft maintenance company SIA ... ( read original story ...)
Singapore’s MAS May Tighten Policy, Pimco Says
UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)