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Category: FINANCE

Posted on 22/11/2024

In forgotten parts of Singapore’s iconic Orchard Road shopping street, a new era is taking shape

Orchard Road, Singapore’s main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch.

Posted on 22/11/2024

Gold prices rose sharply in 2024. Is it a good time to invest in gold?

Gold prices rose sharply in 2024, and could reach US$3,000 by the third quarter of 2025, says an expert. But there are risks involved. Read more at straitstimes.com.

Posted on 22/11/2024

Focus more on climate adaptation, strong finance commitment, urges Malaysian minister at COP29

Too often, adaptation is seen as the poorer cousin to mitigation, the minister said. Read more at straitstimes.com.

Posted on 21/11/2024

Digital investment platform offers commercial papers to retail investors

A private markets investment and trading platform is offering retail investors the chance to buy an investment usually reserved for more sophisticated traders. Read more at straitstimes.com.

Posted on 21/11/2024

DBS buys 77,700 shares in ST Engineering for $0.4 mil

DBS Bank has bought 77,700 shares in Singapore Technologies Engineering S63 (ST Enginnering) on Nov 14, for a purchase consideration of $365,050.14, or $4.70 per share. Following the transaction, DBS’ ...

Posted on 21/11/2024

Court papers lift veil on $3.5m legal battle over investment fraud, synthetic ‘Jane Seymour diamond’

The ring was bought off the shelf for US$19,136 and presented to investors as $13.8 million. Read more at straitstimes.com.

Posted on 21/11/2024

Saiful Alam claims Singapore citizenship shields against Bangladesh Bank ‘intimidation’

Mohammed Saiful Alam, chairman of S Alam Group, has been described by his legal team as a Singaporean citizen and has invoked a bilateral investment treaty as protection against Bangladesh Bank’s ...

Posted on 21/11/2024

Zühlke Champions Generative AI, Digital Money for Future of Finance at SFF 2024

Zühlke took part in the SFF 2024, demonstrating its commitment to driving impactful change in the financial technology landscape.

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 ...

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