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Category: FINANCE

Posted on 21/11/2024

DBS, Maybank and CGSI downgrade their TPs on Frencken Group amid slower recovery

CGS International analyst William Tng has downgraded his target price to $1.38 from $1.55 while DBS analyst Ling Lee Keng lowered her target price to $1.47 from $1.77 previously.

Posted on 21/11/2024

HSBC Helps Singapore SMEs Boost Sustainability with New Loan

HSBC Singapore has introduced a new loan product designed to help SMEs improve their sustainability performance.

Posted on 21/11/2024

Singapore stocks edged higher at the open on Thursday—STI rose 0.1%

Singapore’s major banks also rose on Thursday’s open. DBS Bank rose 0.7%, or S$0.31, to S$42.52. UOB gained 0.2%, or S$0.08, to S$36.31, while OCBC edged up 0.1%, or S$0.01, to S$16.49.

Posted on 21/11/2024

When you can’t see, and your banking app OTP is expiring

The visually impaired are getting left behind in the Smart Nation journey. It’s important to include their needs. Read more at straitstimes.com.

Posted on 21/11/2024

How Investors Can Now Gain Exposure To The Magnificent 7 Stocks Through US Stock DLCs Listed On The SGX

Investors can now gain US stock exposure on SGX via US stock DLCs listed here, giving you a new trading window before US markets open.

Posted on 21/11/2024

Commercial Bank wins major accolade at Mastercard East Arabia Business Forum in Singapore

Commercial Bank, a leader in innovative banking solutions in Qatar, has received a major accolade at ‘Mastercard East Arabia Business Forum’ held in Singapore for its ...

Posted on 21/11/2024

Deglobalisation set to continue regardless of US presidential transition: OCBC

The bank is on track to securing 500 new regional mandates for cash management ahead of its 2027 timeline. Read more at straitstimes.com.

Posted on 21/11/2024

Las Vegas Sands: Strategic Focus on Singapore and Premium Offerings Drive Buy Rating

Daniel Politzer, an analyst from Wells Fargo, maintained the Buy rating on Las Vegas Sands (LVS – Research Report). The associated price target ...

Posted on 21/11/2024

Funds raised by South-east Asian IPOs at 9-year low but outlook positive: Deloitte

SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic.

Posted on 21/11/2024

DBS’ chief data and transformation officer on ‘human’ AI in banking

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

Posted on 20/11/2024

Trading platform lets Singapore users invest in fractions of a stock listed on Bursa Malaysia

The platform fee is RM0.50 on the UP app, while the commission is RM2.50 for trades below 100 shares. Read more at straitstimes.com.

Posted on 20/11/2024

Capitaland Investment to acquire 40% stake in SC Capital Partners Group for $209.31 million

CapitaLand's 40% stake acquisition in SCCP, a Singapore-based real estate investment manager, will increase its funds under management (FUM) by S$11 billion.

Posted on 20/11/2024

Funds raised by South-east Asian IPOs now at a 9-year low, but outlook positive: Deloitte

SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic. There ...

Posted on 20/11/2024

RHB raises its call for UOB from “neutral” to “buy” and increases price target to S$40.20

SINGAPORE: RHB raised its call for United Overseas Bank (UOB) from “neutral” to “buy” and increased its price target for the bank to S$40.20, up from S$35.60. The new target price is 10.3 per cent ...

Posted on 20/11/2024

Singapore Medical Group completes S$90m bond issuance as it positions for a new phase of growth

Singapore Medical Group ("SMG" or "the Group"), a multidisciplinary specialist healthcare services provider, has completed a S$90 million, 5-year senior unsecured bond issuance at a 3.54% fixed rate ...

Posted on 20/11/2024

Fuelled by China’s promise: Golden opportunity for Hong Kong SDR investing

As investors explore opportunities in the Hong Kong market, two prominent companies consistently stand out: Alibaba and Tencent ...

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