Health-care payments software firm Waystar Holding Corp. is moving ahead with a planned US initial public offering that’s expected to launch as soon as Tuesday, according to people familiar with the ...
More HSBC, Citi staff called back into office 5 days a week
HSBC and Citigroup have been well known among the firms on Wall Street for their flexible work culture thus far, but this is about to change.
UOB poised to capitalise on ASEAN’s booming mass affluent segment, says GlobalData
Research from GlobalData highlights that the region’s mass affluent segment grew by 36.4% between 2017-22, with healthy growth set to continue and RBI Asia bank of the year, UOB, leading the way ...
Singapore Exchange Market falls 0.18%
City market commenced trading with weak note after robust US economic data along with hawkish minutes from the Fed's last meeting earlier in the week has led traders to dial back their bets on rate ...
Singapore stocks end lower on Friday as investor appetite sours; STI down 0.2%
LOCAL shares ended the last trading day of the week in the red, as hawkish cues from the US Federal Reserve hit trader sentiment. Observers warn that the recent bull run noted in equity markets around ...
Final money laundering accused to plead guilty on Jun 6
THE last of the 10 foreign nationals embroiled in Singapore’s largest money laundering case has indicated that he intends to plead guilty on Jun 6, court records on Friday (May 24) show. Read more at ...
Singapore braces for sleepless nights as US cuts trade settlement to T+1
On May 28, the US will shift to T+1 where securities trades are settled within one business day after execution. Read more at straitstimes.com.
SG’s finance and insurance industry expands 6.5% in Q1’24
Insurance was one of the economy’s growth drivers in the quarter, In the first quarter of 2024 (Q1’24), the Singapore economy grew by 2.7% year-on-year (YoY). Key sectors driving gross domestic ...
UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1
UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%. UOB Global Economics and Markets Research and RHB kept their 2024 growth forecasts for Singapore unchanged as interest rates ...
Monetary Authority of Singapore (MAS) and People’s Bank of China to Advance Cooperation in Green Finance
The Monetary Authority of Singapore (MAS) and People’s Bank of China discussed initiatives to advance cooperation in green and transition finance.
Analysis-US stock changes push FX trades into Asia’s ‘twilight zone’
A shortening of U.S. stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets ...
Singapore stocks end higher as traders shrug off inflation worries; STI up 0.4%
LOCAL traders on Thursday (May 23) threw caution, pertaining specifically to persistent inflation concerns raised in the Federal Reserve’s May meeting minutes, to the wind, capitalising on ...
Next to no premium needed for covered bond debuts
Standard Chartered Singapore and Bank of Queensland proved that debut names and formats can be priced just as easily as established names in the covered bond market this week, with the pair attracting ...
15 months’ jail for seventh man who pleaded guilty in billion-dollar money laundering case
Chen Qingyuan's 15-month jail term is the longest among those dealt with so far and is on par with Zhang Ruijin.
Singapore Insurer Taps EY to Opine on OCBC’s $1 Billion Offer
Great Eastern Holdings Ltd. appointed EY as independent financial adviser for the S$1.4 billion ($1 billion) offer from Oversea-Chinese Banking Corp. to buy the remaining stake the lender does not ...
Singapore shares remained mostly flat on Thursday—STI dip 0.02%
SINGAPORE: Singapore shares remained mostly flat on Thursday morning, following a quiet trading session after... The post Singapore shares remained mostly flat on Thursday—STI dip 0.02% appeared first ...