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Category: FINANCE

Posted on 08/08/2023

Singapore’s $150M pledge to transform FinTech landscape

Singapore has firmly established itself as a thriving hub ... to the tokenization of assets and the implementation of institutional-grade Decentralized Finance (DeFi) protocols. This collaboration ...

Posted on 07/08/2023

China or India? How to invest in the coming Asia boom

China is the world’s ­second-largest economy, featuring a massive consumer market and advanced manufacturing. India has friendlier relations with the West and a young workforce. Its economy is ...

Posted on 07/08/2023

Retail investors are getting bullish on the Singapore stock market: Moomoo Singapore

According to Moomoo Singapore, 70% of survey respondents think they will trade Singapore stocks in the next six months.

Posted on 07/08/2023

Guide To Buying US T-Bills For Singapore Investors

In July 2023, the US Federal Reserve raised benchmark interest rates to the 5.25%-5.50% level. This was the 11th rate hike in under 18 months – driving up interest rates up from the 0.25% to 0.50% ...

Posted on 07/08/2023

Parallels between Grand Slam tennis and the Singapore stock market

I tuned in to some Grand Slam tennis, the French Open, on television. Even though it was the latter stage of the tournament, when matches are expected to be more exciting and stakes higher, the ...

Posted on 06/08/2023

Up to S$130 cash reward & other perks from DBS/POSB for NSFs

DBS/POSB is offering its very own "sign on bonus" for NSFs who credit their NS allowance into their DBS/POSB accounts, with up to S$130 in cash rewards to be earned.

Posted on 06/08/2023

‘Singapore on the Thames’: HSBC’s exit from London’s Canary Wharf seen triggering slide in home prices, agency says

Developers will have to cut prices as the area needs a ‘significant redesign’ to draw visitors and residents, says managing director of London Central Portfolio.

Posted on 05/08/2023

Singapore bank OCBC second-quarter earnings rise; sees rate cuts from 2024

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...

Posted on 05/08/2023

Singapore’s Temasek To Invest Rs 1,200 Crore In M&M’s EV Business, Acquire Nearly 3 Per Cent Stake

Mahindra & Mahindra (M&M) on Thursday said that Singapore's sovereign wealth fund, Temasek Holdings Pvt Limited, will be investing up to Rs 1,200 crore in its electric vehicle (EV) business at a ...

Posted on 05/08/2023

George Goh ‘made a mistake’ about role of the CIO in investment management businesses: Ng Kok Song

SINGAPORE: Mr Ng Kok Song has said that his fellow presidential hopeful George Goh is mistaken about the role of the CIO in an investment management company. "I think Mr Goh made a mistake. He thinks ...

Posted on 05/08/2023

Letter notifying account holders of digibank account deactivation is legitimate, says Singapore-based bank DBS

Images circulating on social media channels of a letter from DBS notifying account holders about the deactivation of their digibank account is ...

Posted on 05/08/2023

DBS CEO Sees More Inflows to Singapore From China Doldrums

Singapore stands to benefit from more investments and a continued influx of wealth amid geopolitical tensions surrounding China and its tepid economic growth, according to Southeast Asia’s largest ...

Posted on 05/08/2023

DBS says letter on online banking account deactivation is legitimate

The clarification comes on the back of messages circulated on Whatsapp, and posts on social media. Read more at straitstimes.com.

Posted on 05/08/2023

Temasek to invest Rs 1,200 crore in M&M’s EV subsidiary

As per the agreement, Temasek will invest Rs 1,200 crore in the form of Compulsorily Convertible Preference Shares ('CCPS') at a valuation of up to Rs 80,580 crore, resulting in Temasek’s ownership ...

Posted on 04/08/2023

DBS making its Paylah! S$3 cashback hawker promo available on National Day

This is in addition to the DBS 5 Million Hawker Meals subsidy that Singapore diners can enjoy every Friday. Find out how.

Posted on 04/08/2023

DBS letter on account deactivation is not fraudulent, says bank

The clarification comes on the back of messages circulated on Whatsapp, and posts on social media. Read more at straitstimes.com.

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