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Category: FINANCE

Posted on 21/02/2023

HSBC’s dividend spree offset by concern that rate rise profit party may be over

HSBC's quarterly profit surged 92% as rising interest rates swelled net interest income, but its Hong Kong shares fell 2% as a cautious outlook left investors pondering whether the rates boost may ...

Posted on 21/02/2023

HSBC shares slide as it fails to raise key target despite profit surge

SINGAPORE/LONDON, Feb 21 (Reuters) - HSBC's (HSBA.L) profit surged 92% as rising interest rates swelled net interest income, but its shares fell 2% as it failed to raise a key performance target even ...

Posted on 21/02/2023

Woman who had child with Nigerian love scammer gets jail for helping to launder S$356,000

SINGAPORE: A woman who was recruited by a Malaysia-based Nigerian ... She would receive cash in person and through her bank accounts. When Suhaili's POSB bank account was frozen following police ...

Posted on 21/02/2023

S’pore PayNow users now able to instantly transfer funds to others in India

SINGAPORE – PayNow users who are customers at certain financial ... For a start, selected DBS and POSB customers will be able to use the PayNow-UPI linkage to transfer up to $200 per transaction, ...

Posted on 21/02/2023

Harvard Boosted Investment in Singapore’s Grab App, Modified Biotech Holdings in Q4

The Harvard Management Company boosted its investments in Grab — a Singaporean all-in-one app offering food delivery, transportation, and digital payment services — and modified its biotechnology ...

Posted on 21/02/2023

SGX Nifty rises 17 points: Market outlook, Asian markets, oil prices, FPI flows & more

Nifty has 17,700 level as sacrosanct support while the 18,100 level could act as an immediate hurdle, said Rohan Patil of SAMCO Securities. A break above 18,100 will lift the index towards 18,250, ...

Posted on 21/02/2023

HSBC Q4 profit nearly doubles as rising interest rates boost revenue

SINGAPORE - HSBC Holdings reported a better-than-expected 92 per cent surge in quarterly profit on Tuesday as rising interest rates swelled its net interest income, encouraging Europe’s largest bank ...

Posted on 21/02/2023

Nifty to reclaim 17850 or further correction on cards? 7 things to know before share market opens

Benchmark indices BSE Sensex, NSE Nifty 50 likely to open negative amid poor global cues, hinted SGX Nifty. Here are seven key things you must know before share market opening bell.

Posted on 21/02/2023

Singapore’s digital banks dangle incentives to win new customers — is it sustainable?

Digital retail banks in Singapore are pulling out all stops to win new customers, but industry observers question if it's sustainable in the long term.

Posted on 21/02/2023

Want to Send Funds to Relatives in Singapore? Expect Your Money’s Worth with UPI-PayNow Linkage

According to the government, Reserve Bank of India (RBI) governor Shaktikanta Das, and Ravi Menon, managing director of the Monetary Authority of Singapore, will lead the launch (MAS) of this ...

Posted on 20/02/2023

OCBC nabs People’s Association talent as head of content marketing

Nair was previously with the People’s Association (PA) as its chief digital media strategist. In his role, Nair oversaw the content strategy and digital communication efforts. He also managed ...

Posted on 20/02/2023

Fresh tech graduates from S’pore unis bag highest starting pay of over $5,600: Survey

SINGAPORE – Mr Fazirul Hanafe was in his last year of studies ... clinched a full-time role as a technology analyst in Citibank at the end of an internship with the bank. “I’m definitely relieved to ...

Posted on 20/02/2023

Moomoo SG Unveils Its 2023 Retail Investment Outlook

Retail investors are planning to capitalise on the global economic slowdown to boost their positions by increasing their trades for potentially better gains and better returns. SINGAPORE, Feb. 20, ...

Posted on 20/02/2023

Singapore Shares May Run Out Of Steam On Monday

The Singapore stock market has tracked higher in consecutive trading days, advancing almost 50 points or 1.5 percent along the way.

Posted on 20/02/2023

Nifty to climb above 18000 or bears to grip Dalal Street again? 7 things to know before share market opening bell

Benchmark indices BSE Sensex, NSE Nifty 50 likely to open flat-to-positive amid mixed global cues, hinted SGX Nifty. Here are seven key things you must know before share market opening bell.

Posted on 20/02/2023

WEEKLY ROUND-UP: Sports happenings in Singapore (13-19 Feb)

Here is a round-up of sports events and developments in Singapore in the past week (13 to): Albirex Niigata open SPL season with 3-0 Community Shield win The 2023 Singapore Premier League (SPL) season ...

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