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Category: FINANCE

Posted on 07/11/2024

OCBC service allows fund transfers to e-wallets in China

Singapore-based lender OCBC has launched a pay-to-wallet service via its mobile banking app that enables customers to transfer funds to digital wallets in China without incurring transfer fees.

Posted on 07/11/2024

Niva Bupa Health Insurance IPO Subscribed 14% So Far On Day 1—Check GMP

The IPO consists of a fresh issue of shares worth Rs 800 crore, and an offer for sale of up to Rs 1,400 crore.

Posted on 07/11/2024

DBS shares jump on $3b share buyback, record $3.03b quarterly profit

Bank sees upside to its 2025 profit with Donald Trump takes office as US president next year. Read more at straitstimes.com.

Posted on 07/11/2024

Singapore bank DBS sees upside to 2025 profit with Trump return

Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer interest rate cuts by the Federal Reserve that ...

Posted on 07/11/2024

OCBC Now Offers Instant Transfers to WeChat Pay and Alipay in China

OCBC Bank has launched a new service allowing customers to send money instantly to users of WeChat Pay and Alipay in China.

Posted on 07/11/2024

OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements

OCBC and Ant partnered to streamline cross-border fund settlements using tokenised deposits and leverage advanced encryption and AI.

Posted on 07/11/2024

Singapore stocks outperform regional peers post US election: Analysts give their take

However, the STI is outperforming its regional peers because the Singapore dollar and local stocks might be seen as a “relative safe haven”, he added. A Republican sweep is expected to lead to ...

Posted on 07/11/2024

Singapore could face higher costs, slower growth as Trump’s win heralds a protectionist shift

For Singapore and Asia, the primary concern of a Trump presidency is how it will affect regional trade, given that he has said he will impose heavy tariffs on China, noted Edward Lee, Standard ...

Posted on 07/11/2024

SBI Launches Innovation Hub at Singapore Fintech Festival

State Bank of India (SBI) launches an innovation hub at Fintech Festival, partnering with APIX to provide a space for fintechs and startups to develop financial solutions.

Posted on 07/11/2024

4 Promising Singapore Stocks Whose Share Prices Could Break New All-Time Highs

These four stocks could achieve new all-time highs if their business continues to grow. The post 4 Promising Singapore Stocks Whose Share Prices Could Break New All-Time Highs appeared first on The ...

Posted on 07/11/2024

Meet Canny the chameleon: Association of Banks in Singapore unveils anti-scam mascot

It was the winning entry of the ABS Anti-Scam Mascot Design Competition in June. Read more at straitstimes.com.

Posted on 07/11/2024

Kingdom draws $100 million investment from Singapore

Bahrain Economic Development Board (Bahrain EDB) has reported attracting over $100 million in investment commitments from Singapore-based companies since November 2023 across key sectors, namely ...

Posted on 07/11/2024

Niva Bupa Health Insurance IPO: Price Band, Financials, Risks — All You Need To Know

Know all about the use of proceeds, business details and more regarding Niva Bupa's initial public offering, which opens on Thursday.

Posted on 07/11/2024

Citi and Fidelity Announce Tokenized Money Market Fund Launch at Singapore FinTech Festival

Financial giants Citi and Fidelity International announced the details of their first-of-its-kind proof-of-concept tokenized money market fund.

Posted on 07/11/2024

Maersk ordered to pay US$39mn to UOB in Hin Leong misdelivery claim

A Singapore court has ordered Maersk Tankers to pay more than US$39mn to UOB after it delivered a cargo of gasoil to since-collapsed commodity trader Hin Leong without the presentation of original ...

Posted on 07/11/2024

DBS says Trump win could boost SGX, SATS but negatively impact REITs

SINGAPORE: As the United States approaches its pivotal elections, experts from DBS Bank are closely monitoring the potential ramifications for Singapore’s equity markets. According to their analysis, ...

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