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Category: FINANCE

Posted on 30/10/2024

Jail for man who used corporate credit card to make unauthorised transactions involving nearly $30k

Raul Randhawa, who tendered his resigned in October 2023, has made full restitution. Read more at straitstimes.com.

Posted on 30/10/2024

OCBC becomes first Singapore bank with institutional intraday lending capacity

The move will enable the bank to deploy and maximise returns from its excess intraday liquidity, said OCBC in its Oct 30 statement.

Posted on 30/10/2024

OCBC Becomes First Singapore Bank to Use Blockchain for Intraday Lending

OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchain technology.

Posted on 30/10/2024

Standard Chartered to double down on wealth management as profit beats forecasts

Standard Chartered is to double investment in its wealth management arm as the bank beat estimates for its third-quarter profit and boosted plans for shareholder returns.

Posted on 30/10/2024

Singapore gov’t to invest $204m to boost national supercomputing prowess

here in Singapore, in our region, and around the world.” He added: "With continued investment in high-performance computing, strategic partnerships, and a strong focus on developing experts, we are ...

Posted on 30/10/2024

Singapore shares edged down on Wednesday morning—STI fell by 0.1%

In the broader market, 78 stocks gained while 50 declined, with approximately 53 million shares worth S$86.3 million traded ...

Posted on 30/10/2024

MAS sets up finance and technology network to be chaired by Ravi Menon

THE Monetary Authority of Singapore (MAS) has established the Global Finance & Technology Network (GFTN) with its board to be chaired the central bank’s former managing director, Ravi Menon. Read more ...

Posted on 30/10/2024

Departing HSBC Europe Executive to Join Serendipity Board

Colin Bell, who is stepping down from running HSBC Holdings Plc’s European operations at the end of the year, will join the board of Singapore-based investment firm Serendipity Capital.

Posted on 30/10/2024

Singapore investors can now trade depository receipts of 5 Hong Kong blue chips on SGX

The Singapore Exchange (SGX) on Oct 30 announced that it is extending its Singapore Depository Receipt (SDR) coverage to include five Hong Kong-listed companies. These are Chinese tech giants ...

Posted on 30/10/2024

Analysts bullish on CLAR, OCBC increases TP to $3.32

Post 3QFY2024, CLAR has announced the divestment of its 21 Jalan Buroh property in Singapore at a divestment price of $112.8 million, a significant premium of 93.2% and 67.1% to both the asset’s ...

Posted on 29/10/2024

OKX names Standard Chartered as institutional third-party custody partner

OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the appointment of Standard Chartered, a leading international cross-border bank connecting the world’s ...

Posted on 29/10/2024

Bank of Singapore, iCapital launch alternatives platform

Bank of Singapore, the private banking arm of OCBC, has collaborated with global fintech firm iCapital to launch an alternative investment digital platform, FIM Alternatives Select, for the bank’s ...

Posted on 29/10/2024

Singapore’s Temasek Says Trump Win Would Slow Global Growth

Singapore’s state-owned investment firm is warning that a Donald Trump election victory might not necessarily be a plus for the world economy and financial markets.

Posted on 29/10/2024

Digital economy contributed almost 18% to Singapore’s GDP in 2023, surpassing finance and insurance sector

SINGAPORE: Singapore's digital economy contributed 17.7 per cent to the country’s gross domestic product (GDP) last year, overtaking the finance and insurance sector, according to new data released by ...

Posted on 29/10/2024

From broke to boss: How this personal finance ‘noob’ mastered money management

Financial planning may seem daunting, but this writer shows how small, consistent habits can pave the way to financial freedom.

Posted on 29/10/2024

Trump Tariffs ‘Will Be Negative Not Just For Emerging Markets But Across The World,’ Says Singapore’s Temasek: ‘Going To Create Uncertainty’

Singapore’s state-owned investment firm Temasek on Tuesday cautioned that a potential re-election of former President Donald Trump could lead to a slowdown in global growth, impacting U.S. companies ...

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