Singapore’s stock market concluded the week on a positive note, primarily driven by the release of positive US economic data on Thursday night. The Straits Times Index (SGX: ^STI), a [...] The post ...
Validus Raises US$50M Debt Funding from HSBC to Boost Indonesian SME Lending
Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding from HSBC.
DBS’ Jeremy Soo to Succeed Susan Hwee as NETS Chairman
Network for Electronic Transfers ( NETS) has announced the appointment of Jeremy Soo, Managing Director and Head of Consumer Banking Group at DBS Singapore, as its new Chairman, effective 1 September ...
Singapore shares open higher on Monday—STI increased by 0.1%
Singapore’s local banks performed well in early trading. DBS led the gains, rising S$0.13, or 0.4%, to S$36.49. UOB followed with an increase of S$0.08, or 0.3%, to S$31.47. OCBC also rose, gaining ...
Win Streak Likely To Continue For Singapore Shares
(RTTNews) - The Singapore stock market has moved higher in back-to-back sessions, gathering more than 50 points or 1.5 percent along the way. The Straits Times Index now sits just above the ...
OCBC Singapore Users Faced Temporary Online Banking Disruption
Singapore's OCBC Bank experienced technical difficulties on 1 September that temporarily disrupted its internet and mobile banking services.
5 Singapore Stocks Paying Out Dividends in September
The Singapore stock market has always been a great place for dividends. Income-seeking investors not only have a wide choice of companies to select from but dividends are also exempted from taxation.
Market mood upbeat ahead of expected Fed rate cuts
Whatever the quantum, news of a rate cut will likely lift market sentiment initially. CGS International pointed out in a strategy report last week that anecdotal evidence of stock performance in ...
Singapore’s OCBC website, mobile app resume after disruption
(Bloomberg) — Singapore lender Oversea-Chinese Banking Corp. said its website and mobile app were working normally after being inaccessible to some users earlier Sunday. The bank apologized for the ...
Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia
Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the ...
UOB leverages AI for data-centric approach to optimising portfolio allocation
UOB, possibly Singapore’s first local bank to use artificial intelligence (AI) and big data analytics to allocate capital in its corporate banking division, is looking to expand its portfolio ...
HSBC Singapore names James Coyle as independent non-exec director
Coyle had previously served on the boards of HSBC UK and HSBC Trust. HSBC Singapore appointed James “Jim” Coyle as independent non-executive director of its board, effective 1 September 2024. Coyle ...
India, Singapore to sign pact on semiconductors during PM Modi’s visit
Investment will be another key focus of the visit. Singapore has been invited by the Indian government to invest in 12 industrial parks announced last week. The Lion City, known for being the ...
HSBC exit makes Matos one of Europe’s most sought-after bankers
As HSBC Holdings’s top executives queued up in July to publicly welcome the installation of Georges Elhedery as the bank’s next chief executive officer, one prominent voice was notably absent from the ...
Top Fixed Deposit Rates in Singapore offer 3.50% yield – Higher than T-Bills after this week’s auction (Sep 2024)
Top Fixed Deposit Rates in Singapore offer 3.50% yield – Higher than T-Bills after this week’s auction (Sep 2024) ...
Singapore banks lead advanced Asia in sustainable financing policies: report
SINGAPORE banks have the most detailed and ambitious decarbonisation policies among advanced economies in Asia, according to a recent report by sustainability-focused consulting company Asia Research ...