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Category: FINANCE

Posted on 27/11/2023

OCBC, UOB, DBS to allow customers to lock savings for in-person withdrawal only

CUSTOMERS of the three local banks will soon be able to lock their savings. Locked funds cannot be digitally used or moved, and physical verification will be required to unlock these, said OCBC, UOB ...

Posted on 27/11/2023

Tata Technologies IPO: Check Today’s GMP Status; Share Allotment Likely Tomorrow

As per reports, the Tata Technologies latest GMP suggests a premium of Rs 414, suggesting that the scrip will have a stellar debut on its stock market listing.

Posted on 27/11/2023

Customers of Singapore’s DBS/POSB, UOB and OCBC banks can now ‘lock up’ money that can’t be withdrawn online

SINGAPORE — Customers of DBS/POSB, UOB, and OCBC bank can now "lock up" their money in bank accounts that will not allow the funds to be digitally transferred out. The security feature, which will ...

Posted on 27/11/2023

Scam prevention: DBS, OCBC and UOB customers can ‘lock up’ savings from online transactions starting this week

UOB, OCBC and DBS Bank customers can lock up funds in their bank accounts to block the money from any digital transaction starting this week. The feature, which will allow money locked up to be ...

Posted on 27/11/2023

Singapore warns on risks, weaknesses to global financial stability

Deepening debt, elevated rates, geopolitical tensions and a slowing Chinese economy were all cited in the Monetary Authority of Singapore’s annual Financial Stability Review.

Posted on 27/11/2023

DBS, OCBC and UOB introduce money-locking features to protect against scams

SINGAPORE — DBS, OCBC and UOB on Monday (Nov 27) announced new money-locking features for customers to guard against scams.

Posted on 27/11/2023

Singapore companies, banks remain financially resilient even as borrowing cost rise: MAS

But risks from higher interest rates, tighter financial conditions, and geopolitical uncertainty remain elevated. Read more at straitstimes.com.

Posted on 27/11/2023

UOB, OCBC and DBS customers can soon ‘lock up’ savings for in-person withdrawal only

The feature is designed to prevent fraudsters from siphoning money out of a hacked account. Read more at straitstimes.com.

Posted on 27/11/2023

DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases

Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.

Posted on 27/11/2023

UOB, OCBC & DBS letting customers ‘lock up’ money in bank accounts in anti-scam move

UOB, OCBC and DBS Bank customers can soon lock up the money in their bank accounts to stop any digital transactions in an anti-scam move. UOB and OCBC will roll out the feature on Nov. 30. DBS Bank ...

Posted on 27/11/2023

Singapore Bourse May Reclaim 3,100-Point Level

The Singapore stock market has tracked lower in consecutive trading days, slumping more than 20 points or 0.6 percent along the way.

Posted on 27/11/2023

Are young Singapore investors growing their wealth the wrong way?

SINGAPORE: Young investors here have performed poorly in managing their portfolios, according to an OCBC survey, although some online share trading platforms report that they are holding their own ...

Posted on 27/11/2023

As it connects China with the world, Standard Chartered bets on RMB internationalisation

CHINA is the world’s second-largest economy with the highest amount of total trade, and so it’s no surprise that the country’s trade relations are so deeply integrated with the rest of the world. Read ...

Posted on 27/11/2023

DBS seeks private credit foothold by originating deals

The group will, however, steer clear of doing direct lending transactions itself to avoid conflicts of interest.

Posted on 26/11/2023

Hainan FTP promotes economic and trade cooperation in Singapore

South China's Hainan Province has further promoted economic and trade cooperation with Singapore, holding a Hainan Free Trade Port (FTP) promotional event and other exchange activities in the city ...

Posted on 26/11/2023

Singapore-based Carro in talks to raise over US$100m ahead of potential US IPO

SINGAPORE – Carro, a South-east Asian online automotive marketplace, is in talks with potential investors to raise over US$100 million (S$134 million) ahead of a possible US listing in 18 months, said ...

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