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Category: FINANCE

Posted on 08/04/2024

Singapore shares fall despite regional rally; STI down 0.1%

SINGAPORE shares edged lower despite a regional rally, with the Straits Times Index (STI) shedding 0.1 per cent or 2.27 points ...

Posted on 08/04/2024

IPO activity ‘lukewarm’ in Southeast Asia with 38 deals raising US$1.0 bil in 1Q2024: EY

The Americas, on the other hand, saw strong IPO activity with 52 deals raising US$8.4 billion in proceeds in 1Q2024, up 21% and 178% y-o-y. Each of the top seven deals during the period raised over ...

Posted on 08/04/2024

Asia-Pacific lags global peers in Q1 IPO activity: EY

ASIA-PACIFIC was the worst-performing region in terms of initial public offering (IPO) activity compared with its peers, based on findings from ...

Posted on 08/04/2024

HSBC’s Quinn targets lifting wealth business in China, India

HSBC Holdings’s top boss said he’s pushing to improve his firm’s wealth management capabilities in China and India to be on ...

Posted on 08/04/2024

BNP Paribas appoints Aymar de Liedekerke Beaufort as Asia Pacific global banking head

BNP Paribas , the euro zone's largest bank, has appointed Aymar de Liedekerke Beaufort as its global banking head of Asia Pacific with immediate effect, it said on Monday.

Posted on 08/04/2024

OCBC chief Helen Wong’s 2023 pay up 8% to $12.1 million

OCBC’s full-year earnings grew 27 per cent to $7.02 billion in 2023, according to results posted on Feb 28, as its margins increased in its key markets of Singapore, Malaysia, Indonesia and Greater ...

Posted on 08/04/2024

OCBC Group CEO’s pay rose by 8% to S$12.1 million for FY2023

SINGAPORE: OCBC Group CEO Helen Wong received S$12.1 million for FY2023 ended Dec 31, 2023, The Edge Singapore reports. Her earnings surged in 2023, echoing the bank’s record-breaking full-year ...

Posted on 07/04/2024

Singapore DPM Lawrence Wong to visit Germany and France from Apr 8 to 13

SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will visit Germany from Apr 8 to 10 and France from Apr 10 to 13.  He will call on German Chancellor Olaf Scholz and French ...

Posted on 07/04/2024

Singapore investment banking fees down 14% y-o-y to US$185.7 mil in 1Q2024: LSEG

The London Stock Exchange Group (LSEG) has released its preliminary data focusing on Singapore Investment Banking for the first quarter of the year (1Q2024).

Posted on 07/04/2024

Ryde Group makes historic debut at NYSE as first Singaporean ride-hailing start-up to IPO

SINGAPORE: Ryde Group Ltd marked a historic milestone on Friday (5 April) by becoming the... The post Ryde Group makes historic debut at NYSE as first Singaporean ride-hailing start-up to IPO appeared ...

Posted on 07/04/2024

A yen for Japan: Singapore investors sink money into hospitality as tourism booms

The country has red-hot potential and remains excellent value for money, say Singapore investors. Read more at straitstimes.com.

Posted on 06/04/2024

Asean finance chiefs end Laos meeting amid hopes of improving economy despite challenges

SINGAPORE – A rebound in exports and tourism is likely to aid most South-east Asian economies in performing better in 2024 than in 2023, said top finance officials of the region at a meeting in Laos.

Posted on 06/04/2024

Gold Prices Hit Record High—How to Invest in Gold in Singapore (2024)

Guess who just broke another record? No, not Taylor Swift with her $1 billion-grossing Eras tour that may very well cross the $2 billion mark by the end of its run. And no, not the recent blisteringly ...

Posted on 05/04/2024

OCBC working to amend coal policy to finance early retirement projects

Southeast Asia's second-largest lender is likely to join rival DBS in backing a managed coal phase-out in line with the Singapore-Asia criteria. But it remains unclear if the updated coal policy will ...

Posted on 05/04/2024

Investing in Gold in Singapore (2024): Historical Gold Prices and How To Get Started

Guess who just broke another record? No, not Taylor Swift with her $1 billion-grossing Eras tour that may very well cross the $2 billion mark by the end of its run. And no, not the recent blisteringly ...

Posted on 05/04/2024

Turkish Property Investor IPO Set to Raise Up to $141 Million

Turkish commercial real estate developer Ronesans Gayrimenkul will sell shares in an initial public offering, the biggest in Istanbul so far this year.

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