Easing interest rates and renewed investor confidence will likely sustain momentum into 2025, according to CBRE. Singapore’s real estate investment volumes are projected to grow by 10% year-on-year in ...
Singapore stocks buck regional trend as Trump defers tariffs on Canada, Mexico; STI slips 0.09%
The STI showing bucked the trend seen in regional bourses after US President Donald Trump delayed the start of tariffs on Mexico and Canada for a month. But those on China were not deferred and were ...
Slow Onboarding Drives Client Losses in Singapore’s Banks
Singapore’s banks are facing a surge in client abandonment due to slow onboarding and inefficient KYC processes.
Citibank’s Ashu Khullar Appointed Global Co-Head of GAM
Citibank India CEO, Ashu Khulla r, has been announced as the group's global Co-head of the Global Asset Managers (GAM) business while K Balasubramanian will take the reins as Mumbai-based India head, ...
Singapore banks see 90% client losses due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...
OCBC share price could break towards $19 level, while UOB could reach $39.90: IG
Meanwhile, DBS’s share price has a lower trendline support of $43.80 and could head toward the $42.48 level for a retest, says market strategist Yeap Jun Rong.
IN FOCUS: What will make you put your money in a digital bank?
“Digital banks, with their lower costs and minimal overheads, are well-positioned to offer financial benefits sustainably in the short to medium term at least,” said Mr Amit Chopra, head of banking ...
Citibank’s Ashu Khullar to be global co-head of GAM; K Balasubramanian to be India CEO
Ashu Khullar, Citis India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India's CEO, pending RBI approval.
Market volatility expected as Trump rolls out tariffs, but equities are still be a good bet: Analysts
The US President's aspirations to further America’s exceptionalism could bode well for equity investors. Read more at straitstimes.com.
Rich Asian Investors Push for Trump-Inspired Crypto Boom in Singapore
Rich Asian Investors Push for Trump-Inspired Crypto Boom in Singapore with hopes of raking in huge gains amid government pivot in the market ...
Singapore’s DBS finds seat on table as MNCs start to look away from China
DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor ...
Singapore’s Syfe makes A$65 million bid for Australian investing platform SelfWealth
SINGAPORE-BASED digital wealth platform Syfe on Tuesday (Feb 4) said it made a non-binding indicative offer to acquire SelfWealth, an Australia-listed digital investing platform, for A$65 million ...
Global markets shaken as Trump’s tariffs send shockwaves through Singapore’s economy
The surprise tariff announcement led to a significant global market sell-off, with stocks, bonds, and industrial commodities such as iron ore and copper all taking a hit. Mansoor Mohi-uddin, chief ...
Singaporean golfer Shannon Tan gets sponsor invite to play at HSBC Women’s World Championship
Chen Xingtong is also competing, making it the first time that S'pore has 2 players in the LPGA event. Read more at straitstimes.com.
Eyeing success of Singapore’s Temasek, Indonesia approves investment arm of its own
The agency, dubbed Danantara, is set to receive trillions of rupiah in initial capital as it aims to improve returns from state investments.
Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says
Asia's "nascent capital market" needs a catalyst — but investors shouldn't be deterred from investing in the region's private markets, experts say.