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Category: FINANCE

Posted on 07/06/2024

China’s Shein faces laundry list of concerns over possible London IPO

After the Singapore-headquartered online fashion giant pulled out of a plan to list in New York because of regulatory and political pushback, London was mooted as a potential destination, an idea ...

Posted on 07/06/2024

Singapore banks could issue capital securities to optimise their capital structure: Bloomberg Intelligence

All three banks have the potential to optimise their capital structure by issuing capital securities as their sizeable buffers – due to regulatory requirements – are mainly built on excess costly ...

Posted on 07/06/2024

HSBC plans to open three wealth centres in Singapore by first quarter of 2025

To sustain its growth momentum, the bank plans to increase its number of client-facing roles by more than a third by 2028.

Posted on 07/06/2024

Bank of Singapore’s Hong Kong CEO outlines ‘ambitious’ 2026 AUM target

BOS in Hong Kong plans to grow AUM by 50% by 2026 compared to end-2023 figures. Chan himself calls this an “ambitious” plan.

Posted on 07/06/2024

4 Singapore Stocks That Can Pay You Dividends for the Rest of Your Life

If you are looking for reliable dividends that can last a lifetime, here are four stocks you should turn your attention to. The post 4 Singapore Stocks That Can Pay You Dividends for the Rest of Your ...

Posted on 07/06/2024

CPB and SCB continue to promote a cashless society by introducing the Mae Manee app to community markets

Enabling merchants to accept QR payments from locals and foreign tourists.

Posted on 07/06/2024

UOB Lady’s Solitaire Card Gives You 4 Miles Per Dollar on Specific Spending Categories

We all like to rack up those credit card rewards and points, don’t we? So, whether you like to order in those convenient deliveries a lot from Foodpanda/Deliveroo, take mad... The post UOB Lady’s ...

Posted on 07/06/2024

Singapore, Ethiopia Serve As Gateways to Enhance Links Between Southeast Asia & Africa: PM Wong

Singapore’s Prime Minister and Minister for Finance Lawrence Wong said that there is scope for Singapore and Ethiopia to serve as gateways to enhance links between Southeast Asia and Africa. PM Wong ...

Posted on 07/06/2024

Sembcorp CEO, DBS energy head deliver reality checks on renewables

When we tell people to shut down their coal plants in Indonesia, Malaysia and the Philippines; where is the alternative?” ...

Posted on 07/06/2024

Waystar Prices IPO at Midpoint to Raise $968 Million

Most Read from Bloomberg Behind ‘Suicide Squad,’ the Year’s Biggest Video-Game Flop Billionaire-Friendly Modi Humbled by Indians Who Make $4 a Day A Struggling Business Park Deals a Blow to ... the ...

Posted on 07/06/2024

Rich Singaporean investors will have among the lowest cash allocations in the year to come: HSBC

HSBC’s new Affluent Investor Snapshot 2024 revealed that Indonesian and Malaysian investors are also planning to keep cash allocations to 24% and 27%, respectively. This is much lower than the global ...

Posted on 07/06/2024

HSBC Singapore to open three wealth centres by 2025

The bank aims to boost client-facing roles by more than a third by 2028. To increase its investment business by “fivefold”, HSBC Singapore revealed its plan to open three wealth centres in Singapore ...

Posted on 07/06/2024

EQT-Backed Waystar Weighs Pricing IPO Around Mid-Range

Health-care payments software maker Waystar Holding Corp. is considering pricing its initial public offering around the midpoint of its marketed range, according to people familiar with the ...

Posted on 07/06/2024

Citi’s Exploration Into Crypto and the Metaverse

Ryan Rugg, Head of Digital Assets for Citibank's Treasury and Trade Solutions (TTS) business, joined Consensus 2024 with a conversation on Citi's exploration into metaverse, tokenization and the ...

Posted on 06/06/2024

Man allegedly behind global malware network continues to resist extradition from S’pore

SINGAPORE - A man wanted by the US for his alleged role in the world’s largest botnet, which allowed criminals to steal billions of dollars, again resisted his extradition in court here. Wang Yunhe is ...

Posted on 06/06/2024

Richard Li’s FWD keeps ‘close eye’ on market amid rumours insurer will refile for IPO

FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.

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