At closing bell, the Straits Times Index (STI) index was up 32.97 points, or 1.05% to 3,187.66 after trading between 3,160.22 and 3,197.20. Volume of 1.88 billion shares worth S$1.43 billion changed ...
ROE target of 14% is ‘decent’ for UOB: CEO Wee Ee Cheong
UOB’S target to achieve a return on equity (ROE) of 14 per cent is “decent”, said UOB group chief executive and deputy chairman Wee Ee Cheong. Read more at The Business Times.
Singapore shares rose on Thursday—STI climbed by 0.3%
SINGAPORE: Singapore shares rose on Thursday morning, forging ahead despite a mixed bag of results from the US and other regional markets. The Business Times reports the Straits Times Index (STI) ...
Singapore’s Prime Minister-to-be will need to make tackling cost of living top priority, economists say
Another challenge is striking a balance between providing opportunities for local workers while managing the influx of foreign labour.
Singapore’s $26 Million Leap: Pioneering Sustainable Finance in Southeast Asia
Singapore has been positioning itself as one of the leading countries in the development of the sustainable finance industry in the SEA region ...
Singapore introduces Sustainable Finance Jobs Transformation Map
Over 50,000 professionals in the financial services sector can expect new sustainable finance-related tasks added to their jobs to a moderate-to-high degree.
DBS, OCBC to see net profits dip, loan growth soften in Q1
Softer NIM but resilient asset quality.” Two of the largest banks in Singapore are expected to report a year-on-year (yoy) drop in net profits for the first quarter, although their asset quality will ...
Apple CEO to meet Singapore leader to wrap whirlwind Asia tour
Apple Inc. Chief Executive Officer Tim Cook will meet Singapore’s leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing ...
10 Robo Advisors Democratising Digital Investing in the US$1.5B Singapore Market
The assets under management (AUM) in the robo-advisors market in Singapore is projected to reach nearly US$1.49 billion in 2024.
APAC investment volume nearly reaches 10-year average
It was the best performing region globally in 2023. Asia Pacific remains a dominant source and destination for global capital in the latest data released by leading global diversified professional ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (16 April 2024)
The latest six-month Treasury Bills (T-bills) issued on 2 April 2024 had a cut-off yield of 3.8 per cent per annum, with a cut-off price of 98.105. The total amount applied was S$15.6 billion, with a ...
Returns At Q & M Dental Group (Singapore) (SGX:QC7) Are On The Way Up
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, ...
iCapital debuts marketplace in Hong Kong and Singapore
Capital extends its marketplace in Hong Kong and Singapore to provide wealth managers with a diverse selection of investment alternatives.
Morgan Stanley and HSBC Cut Asia-Pacific Jobs Amid Slowing Deals
Financial majors Morgan Stanley (NYSE:MS) and HSBC (NYSE:HSBC) (GB:HSBA) are slashing multiple investment banking jobs in the Asia-Pacific, as ...
MAS sets aside S$35m to develop sustainable finance specialists
The Monetary Authority of Singapore (MAS) has set aside S$35 million to support those looking to pick up skills in sustainable finance. The suite of courses in this field will be expanded. This is to ...
Blended finance opens doors for green investing – BlackRock, Temasek
It formed part of the Temasek-founded Ecosperity Week 2024, held in Singapore from April 15-17. Most banks involved in sustainable finance select projects that have a sustainable financing proposition ...