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Category: FINANCE

Posted on 15/10/2024

GDS acquires Singapore warehouse, plans data center redevelopment

In its own announcement, GDS said the purchase follows the company being awarded new data center capacity by Singapore’s Infocomm Media Development Authority (IMDA) and Economic Development Board (EDB ...

Posted on 15/10/2024

Former HSBC executive Gordon French buys $100,000 chunk of Taylor Maritime Investments

New Taylor Maritime Investments (TMI) director Gordon French has taken a stake in the company. The London-listed handysize specialist said the independent board member bought 100,000 shares at $1.015 ...

Posted on 15/10/2024

Maid’s employer wants to marry her, but his son disapproves, asks how he can “safeguard dad’s wealth; will, CPF, bank savings and property”

"My father (60) is about to marry my helper. I am afraid if he gets scammed, I will have to clean up the mess afterwards," the son shared his concerns, asking for advice ...

Posted on 14/10/2024

Singapore draws S$5.4 billion in H1 investment commitments, on track for full-year target: Gan Kim Yong

SINGAPORE continues to draw strong investments despite global corporate shifts, with the Singapore Economic Development Board (EDB) securing S$5.4 billion in fixed asset investment (FAI) commitments ...

Posted on 14/10/2024

Asia’s IPO bankers look beyond China slump with US$6 bil week

Listings from Hyundai Motor Co.’s India unit, subway operator Tokyo Metro Co. and Rigaku Holdings Corp. will push IPO volumes in Asia Pacific excluding China past $28 million.

Posted on 14/10/2024

UOB partners with industry peers and Institutes of Higher Learning

In an effort to promote job transformation, UOB works with Better U's industry partners and educational institutions.

Posted on 14/10/2024

GDP growth boosts market sentiment; STI up 0.6%

The benchmark Straits Times Index (STI) was up 0.6 per cent or 22.15 points at 3,595.91 at the close. Across the broader market, losers outnumbered gainers 301 to 254, after 1.3 billion securities ...

Posted on 14/10/2024

Singapore’s Central Bank Holds Steady as Economy Picks Up, Inflation Cools

Singapore’s growth momentum has picked up and the negative output gap is projected to close in H2 2024,” the MAS said.

Posted on 14/10/2024

OCBC to Stop Russia-Linked Transactions to Cut Risk

Oversea-Chinese Banking Corp. will stop handling transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions.

Posted on 14/10/2024

Singapore Dollar Steady, Underpinned by MAS’s Appreciation Stance on Policy Band

Singapore dollar was steady against its U.S. counterpart after choppy trade earlier, after the Monetary Authority of Singapore decided to keep its policy settings unchanged.

Posted on 14/10/2024

Singapore Shares May Halt Losing Streak On Monday

The Singapore stock market has moved lower in two straight sessions, slumping almost 25 points or 0.6 percent along the way. The ...

Posted on 14/10/2024

Singapore keeps monetary policy steady as Q3 growth picks up; analysts bet on Jan easing

Singapore's central bank on Monday left its monetary settings unchanged, as expected, as data showed the economy perked up in the third quarter though analysts are betting on a loosening in policy ...

Posted on 14/10/2024

OCBC Bank offers energy calculation tool to help SMEs access green loans

Bhd (OCBC Bank) is introducing the innovative SME Energy Efficiency Assessment (SMEEA) tool to Malaysian SMEs, allowing them to evaluate their property's energy usage as part of their journey towards ...

Posted on 14/10/2024

Asia shares await China markets’ response to detail-thin stimulus pledges

Asian stocks hardly budged in early holiday-thinned trade on Monday, with investors nervous as to how markets in mainland China would react to government economic stimulus promises over the weekend ...

Posted on 14/10/2024

Singapore Q3 GDP up 4.1% y/y, preliminary data shows

Singapore's economy grew 4.1% in the third quarter from a year earlier, preliminary government data showed on Monday. Economists polled by Reuters had expected annual growth of 3.8% in the ...

Posted on 14/10/2024

Singapore central bank keeps monetary policy unchanged, as expected

Singapore's central bank on Monday kept its monetary policy settings unchanged, as expected, in its last scheduled review of the year.

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