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Category: FINANCE

Posted on 12/04/2023

Singapore stocks fall as Asia markets close mixed

SINGAPORE ­– Local shares meandered to a slight loss on Wednesday after traders found few leads to latch on to. Read more at straitstimes.com.

Posted on 12/04/2023

These 4 Singapore Stocks Are Touching Their 52-Week Highs: Are They a Buy?

We identified four stocks that are scaling a year high. Should they be on your buy watchlist? The post These 4 Singapore Stocks Are Touching Their 52-Week Highs: Are They a Buy? appeared first on The ...

Posted on 12/04/2023

Customers in Singapore more satisfied with financial services: study

Customers in Singapore are more satisfied with finance sector there as banks boost their online banking security. However, customers are less interested in newcomer digital banks.

Posted on 12/04/2023

‘OCBC Bank was our refuge,’ 87-year-old S’porean recalls hiding in bank’s basement during Japanese Occupation

OCBC Bank will always mean something special to 87-year-old Sim Soo Wee. When the Japanese invaded Singapore in February 1942, some OCBC staff members and their families sought refuge in the basement ...

Posted on 12/04/2023

10 Best Cashback Credit Cards in Singapore (2023)

Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you're still one of those people who believe that cash is king, getting ...

Posted on 12/04/2023

What US stocks do Singapore clients invest in this March?

Singapore clients had more appetite for US stocks as the IMX was measured 4.34 in March. TD Ameritrade Singapore said its Singapore Investor Movement Index (IMX) grew to 4.34 in March from 4.29 in ...

Posted on 12/04/2023

Chinese Wealthy in Singapore: Spending lavishly, but not investing locally

Despite the surge in ultra-wealthy Chinese entrepreneurs moving to Singapore, money managers claim little investment is being made in local funds and private equity firms. Bloomberg reports that the ...

Posted on 12/04/2023

Hin Leong Trading founder O.K. Lim on trial accused of cheating HSBC out of $148m

SINGAPORE- The 81-year-old founder of collapsed oil trading firm Hin Leong Trading Pte Ltd went on trial in Singapore on Tuesday (April 11) accused of forgery and cheating HSBC out of $111.7 million ...

Posted on 12/04/2023

Another tightening or status quo? What to expect from MAS’ April MPC meeting

Some experts predict a further increase in the slope to 2.0%. Experts are divided on what to expect from the Monetary Policy Committee (MPC) meeting of the central bank in April. Barnabas Gan, senior ...

Posted on 12/04/2023

Rich Chinese have yet to invest big in city-state

When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened.

Posted on 12/04/2023

Stock Market Today Live Updates: SGX Nifty signals a muted start; Asian shares trade mixed

Tokyo shares opened higher Wednesday following gains on Wall Street, while investors awaited the release of US inflation data later in the day.The benchmark Nikkei 225 index rose 0.23 percent, or 64.86 points, to 27,988.23 in early trade, while the broader Topix index added 0.61 percent, or 13.52 points, to 2,005.37.

Posted on 12/04/2023

Metaverse: OCBC Bank Introduces OCBCx65Chulia in Decentraland to “Redefine” Access to Banking

OCBC Bank has reportedly opened the doors to a different banking experience on leading Metaverse platform Decentraland.

Posted on 12/04/2023

4 Singapore Semiconductor Stocks Well-Positioned to Pay Higher Dividends

These four stocks may be temporarily affected by the microchip downturn, but remain poised to pay out higher dividends once the recovery takes hold. The post 4 Singapore Semiconductor Stocks ...

Posted on 11/04/2023

Mirxes applies for Singapore IPO, but may be lured by Hong Kong

HOMEGROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...

Posted on 11/04/2023

5 Singapore Stocks Warren Buffett Will Feel Comfortable Buying

United Overseas Bank, or UOB, is Singapore’s third-largest bank by market capitalisation. The bank provides a comprehensive range of banking services to individuals and corporations. UOB reported a ...

Posted on 11/04/2023

Singapore stocks see muted trading as caution reigns ahead of key data; STI up 0.1%

In the wider Singapore market, gainers outnumbered losers 305 to 256 ... Genting Singapore was the most actively traded constituent stock. The integrated resort operator fell 0.9 per cent or S$0.01 to ...

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