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Category: FINANCE

Posted on 02/05/2023

Singapore’s banking trio ‘outperforming pretty well,’ SGX strategist says

Geoff Howie, markets strategist at the Singapore Exchange, says "the grip that macro trends are having on … important sectors is dissipating somewhat." ...

Posted on 02/05/2023

Singapore ‘cannot afford to outbid the big boys’ to attract investments, says DPM Wong | Video

As major economies mobilise large sums of money to build up their own strategic industries, Singapore “cannot afford to outbid the big boys” to attract investments from multinational corporations, ...

Posted on 02/05/2023

Steady Start Called For Singapore Shares

Ahead of Monday's Labor Day holiday, the Singapore stock market had finished lower in four straight sessions, slumping more than 50 ...

Posted on 02/05/2023

Stock Market Live: Sensex, Nifty 50 to open with minor cuts as indices resume trading after long weekend

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open with minor cuts on the first trading day of the truncated week. Singapore Exchange Nifty futures, an early indicator of the ...

Posted on 02/05/2023

US lawmakers ask SEC to halt Shein IPO over Uyghur concerns: report

US lawmakers have reportedly asked the US Securities and Exchange Commission to halt Shien's proposed initial public offering until it is able to prove it doesn't use Uyghur forced labor to ...

Posted on 02/05/2023

Singapore bank DBS Q1 profit jumps 43% to new high, beats estimates

SINGAPORE, May 2 (Reuters ... Yantoultra graduated with an MBA in Finance from Universiti Putra Malaysia in 2010. A U.S. judge in California on Monday declared a mistrial in Masimo Corp's potential ...

Posted on 02/05/2023

Home can be our best safe haven when it comes to investing in bonds

A good mix of Singdollar and US dollar bonds could be beneficial to an investor’s portfolio. Read more at straitstimes.com.

Posted on 02/05/2023

US Lawmakers Push the SEC to Order Audit of Shein IPO Over Uyghur Forced Labor Fears

The U.S. lawmakers want the SEC to mandate Shein to independently audit and verify "that the company does not use Uyghur forced labor as a condition of being registered to issue securities in the ...

Posted on 01/05/2023

DBS launches tool in mobile app to help those below 55 years old plan for retirement

CPF members can use the tool to benchmark retirement savings and address any shortfall. Read more at straitstimes.com.

Posted on 01/05/2023

S’pore Can’t Outbid Major Economies, Must Invest & Innovate To Stay Competitive: Lawrence Wong

In his May Day speech, DPM Lawrence Wong shared the grim outlook on the global economy and how Singapore can stay competitive.

Posted on 01/05/2023

Singapore must find ‘right niches’, leverage hub status to thrive in fragmented global economy: Lawrence Wong

Singapore is feeling the impact of geopolitics shifting the flow of direct investments and cannot 'afford to outbid the big boys', says the country's No 2 leader Wong also reiterates the government is ...

Posted on 01/05/2023

More than a million meal subsidies redeemed on DBS PayLah! app in less than 3 months

Some 12 per cent of redemptions were made by seniors and 24 per cent by those earning less than $2,500 a month. Read more at straitstimes.com.

Posted on 01/05/2023

Amid grim economic landscape, Singapore must have ‘something special’ to show it is a better bet, says its DPM

Singapore will find it harder to grow its economy and create jobs in an increasingly dangerous and troubled world, said Deputy Prime Minister Lawrence Wong on Monday.

Posted on 01/05/2023

Investor’s Guide To Webull, Possibly Singapore’s Most Cost-Efficient Broker

But the latest entrant in the Singapore market, Webull, is going one step further by not charging any commission or platform fee* for trading US stocks. That’s right, zero fees! Find out how opening a ...

Posted on 01/05/2023

GXS chief ‘quietly optimistic’ on digital bank’s growth despite recent global banking instability

GXS Bank believes it is well-placed to capture a larger slice of the consumer market despite banking crises abroad that have added to uncertainty in the global economy. Read more at straitstimes.com.

Posted on 01/05/2023

StanChart aims to double its retail customers in Singapore to 1.8m with digital bank Trust

Since its launch in September 2022, Trust has already acquired 500,000 retail customers. Read more at straitstimes.com.

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