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Category: FINANCE

Posted on 02/07/2025

Singapore’s STI hits new high as investors are drawn to safe havens amid global risks

SINGAPORE] The Straits Times Index (STI) notched a new record of 4,011.78 points on Wednesday (Jul 2) as Singapore draws a rush of investors seeking safe havens from geopolitical risks. Read more at ...

Posted on 02/07/2025

Bank of America raises S’pore 2025, 2026 GDP growth outlook after April cut

BofA has raised its GDP growth projections for Singapore, Malaysia and Vietnam following a sharp cut to forecasts in April. Still, the latest projections are below BofA’s November 2024 forecasts.

Posted on 02/07/2025

Singapore fines DBS, Citibank, OCBC, Swiss Life for inadequate money laundering, terrorism financing protections

Singapore's central bank on Wednesday said it has imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life, for breaching its ...

Posted on 02/07/2025

9 Best Personal Loans in Singapore with Lowest Interest Rates (July 2025)

If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...

Posted on 02/07/2025

UOB Illuminates the Singapore River with Guinness World Record-Breaking SG60 Light Show

UOB’s SG60 Celebration lights up the Singapore River with record-breaking projections, featuring national tributes and a show mapping the past and future.

Posted on 02/07/2025

MAS proposals a step forward in ‘democratising’ investing, ‘strikes right balance’: observers

SINGAPORE] The Monetary Authority of Singapore’s (MAS) proposals to strengthen product highlights sheet (PHS) requirements and streamline the framework for complex products signal a major shift in the ...

Posted on 02/07/2025

Asian markets open: Japan’s Nikkei falls 1.16% on tariff threat; Sensex to open up

Asian stock markets presented a mixed picture at Wednesday's open, with Japanese equities notably declining after US President Donald Trump threatened fresh tariffs on Japan.

Posted on 02/07/2025

Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump’s tax bill heads to House

US stock futures held steady as President Trump's sweeping spending bill heads to the House after narrowly passing the Senate.

Posted on 02/07/2025

HSBC Life Singapore appoints Chong to new commercial leadership role

Chong brings over 20 years of experience in banking and insurance. HSBC Life Singapore has named Luzanne Chong as Chief Commercial Officer, effective 21 July. In this newly created role, she will ...

Posted on 02/07/2025

HSBC Life Singapore names chief commercial officer

HSBC Life Singapore has appointed Luzanne Chong as chief commercial officer, effective July 21.

Posted on 02/07/2025

OCBC tells stories of collective aspirations in 2025 campaign via GOVT Singapore

OCBC’s 2025 campaign serves as a continuation of the bank’s long-standing commitment to enable individuals and communities to realise their aspirations - while also demonstrating the bank’s ...

Posted on 02/07/2025

45,300 jobs in Singapore pay $7,300 monthly, but is the market cooling?; Home prices ease as supply ramps up: Singapore live news

Singapore’s job market offers opportunity and uncertainty in equal measure while the housing market hits the brakes with slower growth and more supply.

Posted on 02/07/2025

Stock Market Today: All You Need To Know Going Into Trade On July 2

Good morning!The GIFT Nifty was trading 20.5 points higher at 25,677 as of 6:30 a.m., indicating a positive start for the 50-stock benchmark on the NSE later in the morning.Most Asian indices were ...

Posted on 02/07/2025

Singapore Telecommunications Full Year 2025 Earnings: EPS Beats Expectations, Revenues Lag

Full Year 2025 Results Key Financial Results Revenue: S$14.1b (flat on ...

Posted on 02/07/2025

KKR establishes new financial advisory platform in Singapore

Ascend Asia will provide its members with “strategic” expertise, industry know-how, and operational resources.

Posted on 02/07/2025

Singapore anti-scam law allows bank account seizures

Police in Singapore can now seize a person’s bank account if there is proof they are being scammed, according to legislation that came into force on Tuesday.The law, which passed in January, allows ...

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