The trio of banks in Singapore – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) – make up slightly more than 40% of the Straits Times Index (SGX: ^STI). With such high c ... ( read original story ...)
The nine best jobs at Standard Chartered as Asia makes up 75% of its profits
We noted several senior Singapore-based hires at SCB last year, including Pedro Sousa Cardoso, who joined from Emirates NBD in August as global head of digital commerce, and Kevin Burke, who moved from Deutsche Bank in July to become global head of sales. ( read original story ...)
My career change from tech consultancy to Singapore investment banking
While she enjoyed the role, she eventually decided to move her career in a new direction: finance. “I had a lot of friends working in financial services and knew that in Singapore it could offer exciting long-term prospects,” says Zhou. “But I also ... ( read original story ...)
Summit Power plans first Bangladesh IPO on SGX
Summit Power International started pre-deal investor education for an initial public offering of shares on the Singapore Exchange SGX this week ... the independent power producer's Reg S and 144A IPO will consist of new company shares only and could ... ( read original story ...)
Hong Kong beats Singapore in expat survey by HSBC, but Mumbai best for salaries
Expatriates in Hong Kong earn, on average, just three quarters of their equivalents in Shanghai, and two thirds compared with those in Mumbai, according to new figures from HSBC. But those in Singapore are further behind. Nonetheless, pure salary figures ... ( read original story ...)
Singapore Stock Market May Add To Its Winnings On Tuesday
(RTTNews) - The Singapore stock market has jumped higher in two straight sessions, gathering more than 65 points or 1.8 percent along the way. The Straits Times Index now rests just above the 3,555-point plateau and it's called higher again on Tuesday. ( read original story ...)
‘That is nosebleed-crazy’: How the week that rocked stock markets went down
It’s morning in Singapore, and the news alerts and text messages are ... 9:00 a.m. EST, Zurich Fallout is mounting from the implosion of an array of arcane bets against stock-market volatility. Credit Suisse Group AG moves to liquidate one investment ... ( read original story ...)
Asian stock markets gain after Wall Street rally
Benchmarks in Taiwan, New Zealand and Singapore rose while Manila and Jakarta fell. WALL STREET: Wall Street capped several days of choppy trading with a rally that gave the stock market a modest gain for the week. Technology companies, banks and health ... ( read original story ...)
ASIA MARKETS: Nikkei Leads Asian Market Gains As Yen Drops
Asian indexes were higher to start the week after a rally on Wall Street Friday with Japan's Nikkei Stock Average leading ... a senior economist at Mizuho Bank in Singapore. The report signaled that the Fed wasn't worried about the volatility in financial ... ( read original story ...)
Oil prices firm as global stock markets rebound
"Oil markets attempted a half-hearted recovery overnight on little more than an equity market correlated bounce," said Stephen Innes, head of trading for Asia-Pacific at futures brokerage Oanda in Singapore. Stock markets were roiled last week by some of ... ( read original story ...)
New crypto trading platform BB8 brings the convenience of online stock trading to cryptocurrencies
SINGAPORE, Feb. 26 ... bringing the convenience of online stock trading to cryptocurrencies. Since the start of 2018, cryptocurrency investors have had to get used to a new market force -- volatility. Across many cryptocurrencies, prices have been ... ( read original story ...)
Why it will be sizzling at the Singapore Sevens
The HSBC Singapore Rugby Sevens returns to the state-of-the-art National Stadium on 28-29 April bigger, better and bolder! In just two years, Singapore has fast become a fans’ and players’ favourite stop on the sevens circuit. Sports fans are ... ( read original story ...)
Singaporeans to receive bonus up to $300: Finance Minister Heng
The Finance Minister of Singapore, Heng Swee Keat announced on Feb 19 that all the residents of the republic, particularly those who are aged 21 or above will receive a one-off 'SG Bonus' of up to $300 each as the 2017 budget came with a surplus of almost ... ( read original story ...)
Singapore January factory output jumps 17.9 percent, beats expectations
SINGAPORE (Reuters) - Singapore's industrial production grew more than expected in January helped by a jump in electronics output, data showed on Monday. Manufacturing output in January rose 17.9 percent from a year earlier, data from the Singapore ... ( read original story ...)
Ripple extends partnerships to India, Singapore
a Singapore-based remittance service provider with more than 20,000 subscribers. Ripple has also signed up two major customers in Brazil, the private bank Itaú Unibancois and online money transfer service Beetech. The news comes in conjunction with Ripple ... ( read original story ...)
OCBC uses voice assistants to make banking simpler for consumers
OCBC Bank has launched its latest digital innovation using Siri, Apple’s virtual assistance. The brand claims to be the first bank in Singapore that enables its customers to do their day-to-day banking and make cashless payments using just voices. ( read original story ...)