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Category: FINANCE

Posted on 16/03/2025

DBS Digital Banking, ATM Services are Disrupted for Hours

DBS Group Holdings Ltd.’s digital banking and ATM services were disrupted in Singapore overnight, the latest in a series of technical glitches suffered at the island state’s largest bank.

Posted on 15/03/2025

Why the US Must Push For Meaningful Financial Reform in Singapore

The city-state has become become a major conduit for the flow of Chinese capital. Washington should be concerned.

Posted on 15/03/2025

DBS/POSB rolls out SG60 deals, including 60 cent meal deals

SINGAPORE - To celebrate Singapore’s 60th birthday, DBS/POSB bank has rolled out a year-long special offers for its customers that include 60-cent grocery and meal deals, while also ramping up the ...

Posted on 15/03/2025

Singapore gets ranked 2nd globally for cross-border land investments of nearly S$2B in 2024

SINGAPORE: Singapore gets ranked second globally for cross-border investment in land and development sites, attracting nearly S$2 billion in 2024, according to ...

Posted on 15/03/2025

Get Smart: Is the Singapore Stock Market Due for a Correction?

The NASDAQ slipped into correction territory last Thursday, could Singapore stocks be next? The post Get Smart: Is the Singapore Stock Market Due for a Correction? appeared first on The Smart Investor ...

Posted on 15/03/2025

Payments firm Klarna files for IPO, showing 24% revenue jump

Klarna offers consumers so-called buy now, pay later financing, a type of lending that took off at the start of the decade and further accelerated during the pandemic with online shopping.

Posted on 15/03/2025

At least $1.7m lost in Singapore to scammers using insurance policies as bait

SINGAPORE - At least $1.7 million has been lost since January in six cases involving scammers who baited their victims with supposedly outstanding insurance premiums, the police and the Monetary ...

Posted on 15/03/2025

Money market funds are gaining traction in Singapore, with returns from 2.5%

SINGAPORE – Investors often forget that apart from stocks and bonds, there is a third key building block to a diversified investment portfolio – cash. Holding too much or too little of any of them ...

Posted on 15/03/2025

Singapore Stock Market May Find Additional Support On Thursday

(RTTNews) - The Singapore stock market on Wednesday snapped the three-day losing streak in which it had dropped almost 100 points or 2.5 percent. The Straits Time Index now sits just above the ...

Posted on 15/03/2025

Standard Chartered launches exclusive investment club for ultra-wealthy clients

Standard Chartered said on Tuesday that its global private banking unit had launched an investment platform specifically tailored for its ultra-high-net-worth clientele.The Private Markets ...

Posted on 14/03/2025

Stronger investor protection in Singapore needed as gaps persist: Sias report

SINGAPORE] Right-sizing regulation to boost Singapore’s equities market is crucial but not at the expense of investor protection, which is important for retail and institutional investment, noted an ...

Posted on 14/03/2025

UOB targets 10 million Asean retail card customers by 2027 as entertainment spending grows

SINGAPORE] UOB aims to grow its Asean retail card customer base to 10 million by 2027, through more partnerships in the entertainment space. Read more at The Business Times.

Posted on 14/03/2025

Under-35s are UOB’s fastest-growing card spenders, especially for travel and dining

They spent over 40 per cent more on these spending categories in 2024 than in 2023. Read more at straitstimes.com.

Posted on 14/03/2025

Sora, benchmark interest rate for home loans in Singapore, fell to lowest since end-2022 this week

Singapore dollar’s outperformance vs most Asian currencies helped push down borrowing costs. Read more at straitstimes.com.

Posted on 14/03/2025

Singapore-based Shein remains committed to IPO as firm weathers US tariff storm

LONDON] Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the crosshairs of US President Donald Trump’s campaign to rebalance ...

Posted on 14/03/2025

UBS sets up wealth teams in Singapore for Australia and Japan

SINGAPORE – UBS Group has established offshore desks in Singapore to cater to its clients in Australia and Japan, according to the bank’s Asia-Pacific wealth management co-head.

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