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Category: FINANCE

Posted on 06/01/2025

GE Vernova to invest US$20 million in expanding gas turbine repair centre in Singapore

ENERGY equipment manufacturer GE Vernova plans to invest US$20 million to develop new repair capabilities for its gas turbine service centre in Singapore, it said on Monday (Jan 6). Read more at The ...

Posted on 06/01/2025

GE Vernova’s $27.4m investment in S’pore gas-turbine repair plant to create 100 jobs

New jobs at the plant will include roles for engineers, specialists and skilled operators. Read more at straitstimes.com.

Posted on 06/01/2025

Adapting to change: Charles Schwab’s strategy for investing in 2025

With the change in administration in the US, Charles Schwab advises long-term investors to ignore the noise surrounding the political landscape and maintain focus on their goals and financial plans, ...

Posted on 06/01/2025

Clifford Capital launches asset management unit

Singapore-based Clifford Capital expands its reach with a new asset management arm and names chief investment officer.

Posted on 06/01/2025

Best Credit Card Promotions in Singapore (Jan 2025): Citibank, DBS, HSBC, UOB, and More

This January, sign up for a credit card and you could walk away with an all-new Porsche Taycan! Not to mention welcome gifts like 5,040 SmartPoints worth an Apple iPad Wi-Fi, 9th Generation (worth ...

Posted on 06/01/2025

OCBC launches customised tokenised bonds based on the client’s desired tenor and yield

Local peers DBS and UOB have also made headway in tokenised bonds and other assets. DBS in May 2021 issued a tokenised bond as its digital exchange’s first security token offering, while UOB in June ...

Posted on 06/01/2025

DBS remains ‘neutral’ on Singapore stocks with 2025 STI target of 3,950 points

Analysts’ top picks are ST Engineering, DFI Retail and Seatrium as they recommend investors position for ‘resilience’ and ‘growth’ in ‘volatile’ 2025.

Posted on 06/01/2025

Trader who made billions in 2008 returns to bet on Asia-Pacific market swings

Former trader at Singapore hedge fund seeks US$250 million to bet on market volatility, corporate failures in Asia-Pacific.

Posted on 06/01/2025

Singapore records $43m IPO proceeds in 2024

Singapore recorded a total of $42.9m (US$31.4m) in initial public offering ( IPO) proceeds in 2024, according to an Ernst & Young (EY) report.

Posted on 06/01/2025

Singapore Faces Risk of New Property Curbs, Morgan Stanley Says

A spike in housing prices, partly brought on by speculative buying, could prompt the government to issue more cooling measures, according to a Morgan Stanley research report.

Posted on 06/01/2025

DBS Reports Rising Popularity of Digital Ang Baos Among Singaporeans

Digital Ang Baos are gaining popularity in Singapore, with DBS reporting a doubling of customers using their digital gifting services in 2024.

Posted on 06/01/2025

DBS keeps ‘buy’ on GVT, raises TP to $1.04 from 70 cents on stronger front-end opportunities

DBS' Tan and Ling note that notwithstanding near-term volatility, the semiconductor industry is well poised for growth, owing to the push towards digitalisation.

Posted on 06/01/2025

Maybank’s Insurance Arm, Etiqa Insurance, Pioneers the Return of Takaful Offerings in Singapore

New Shariah-compliant investment-linked product addresses the needs of customers looking for values-based insurance solutions; further strengthening the Group’s Islamic Wealth Management ...

Posted on 06/01/2025

SingPost cautions ‘no certainty’ over sale of assets

The company was responding to a report of potential special dividend from divestments. Read more at straitstimes.com.

Posted on 06/01/2025

Singapore bank earnings to continue to ride higher-for-longer rates, wealth sector growth in 2025

SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts said. Read more at The Business Times.

Posted on 06/01/2025

More Singapore home owners refinance mortgages in 2024 as rates fall below 3 per cent

There was a notable increase in such applications between September and November last year, said an expert. Read more at straitstimes.com.

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