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Category: FINANCE

Posted on 29/11/2023

Monetary Landscape of Singapore: Central Bank Chief Dismisses Role for Private Cryptocurrencies

The Chief of Singapore's central bank has unequivocally stated that private cryptocurrencies are unwelcome within the country's monetary framework ...

Posted on 29/11/2023

Wellington Management develops its Singapore wealth offering

Wellington Asia Quality Income Fund: The Wellington Asia Quality Income Fund, which is mainly involved in businesses that are based in or heavily engage in business in the Asia ex-Japan region, is ...

Posted on 29/11/2023

MOVES-Singapore bank OCBC appoints new chief for Hong Kong unit

Singapore's second-biggest lender by assets, said on Wednesday it had appointed Wang Ke as the chief executive of its Hong Kong unit, effective from Dec. 15. OCBC, which is also Southeast Asia's ...

Posted on 29/11/2023

Singapore’s M&L Healthcare sells new diabetes-related treatment to Nasdaq firm for $334 million

M&L Healthcare is a family-owned investment fund founded by shipping tycoon Michael Kum and his wife Lynda. Read more at straitstimes.com.

Posted on 29/11/2023

Nearly 8 in 10 of Singapore’s wealthiest investors will divest from non-sustainable firms

Financially abundant investors prioritise ESG and sustainability factors the most when investing. ESG has further climbed up the ladder of priorities of Singapore’s wealthiest or “financially abundant ...

Posted on 29/11/2023

Singapore-based think tank raises red flags on Maharlika

The Maharlika Investment Fund (MIF) has a “strong legal framework,” but has potential risks such as the possible misuse of funds and a lack of accountability, according ...

Posted on 29/11/2023

Income Investing: How A Consistent Income Stream Can Help Fight Inflation And Manage Market Volatility

Income investing can provide both a safety buffer and the opportunity for growth in an unpredictable and high-inflation environment.

Posted on 29/11/2023

Shein IPO Is In the Works: What You Need to Know

The initial public offering (IPO) world is buzzing on news Singapore-based fast-fashion retailer Shein has filed confidential paperwork to go public in the U.S. While details are sparse, reports ...

Posted on 29/11/2023

Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China

Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear for it to launch an initial public offering next year.

Posted on 29/11/2023

Shein’s IPO could raise billions. Here’s what to know about the secretive Chinese-founded retailer.

A stock sale "will shine a spotlight on the business model and financials" of the fast-fashion giant about which little is known, said one analyst.

Posted on 28/11/2023

Reddit leads class of 2024 IPO candidates testing the water

Kim Kardashian’s Skims underwear label, valued this summer at US$4 billion, is discussing strategic options including an IPO.

Posted on 28/11/2023

Visa and Standard Chartered to make instalment payments more seamless for Asia Pacific credit cardholders

Singapore – Visa and Standard Chartered (“the Bank”) have entered into a regional partnership to accelerate the seamless delivery of instalment payment options to the Bank’s Visa credit cardholders ...

Posted on 28/11/2023

Singapore stocks extend decline amid mixed regional trading; STI down 0.7%

SINGAPORE shares fell on Tuesday (Nov 28 ... but the potential decline in interest rates is not sparking the typical positive response in the stock market. “Investors may be harbouring concerns that ...

Posted on 28/11/2023

BNPL Payment Option Now Available for Standard Chartered Visa Cards

Visa and Standard Chartered partner to introduce BNPL payment option for the bank's Visa credit cardholders in the Asia Pacific region.

Posted on 28/11/2023

BNPL Payment Option Now Available for StanChart Visa Credit Cards

Visa and Standard Chartered partner to introduce BNPL payment option for the bank's Visa credit cardholders in the Asia Pacific region.

Posted on 28/11/2023

HSBC hires senior private banking executive from UBS to serve wealthy Indians

HSBC Holdings Plc has reportedly hired a senior private banking executive from UBS Group AG where he ran a team serving wealthy Indians who live overseas. Gautam Anand was appointed Global Coordinator ...

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