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Category: FINANCE

Posted on 05/01/2023

Nifty to fall below 18000 or bulls to stage a comeback? 7 key things to know before market opening bell

SGX Nifty hints at a positive start for benchmark indices NSE Nifty 50 and BSE Sensex. Nifty futures are trading at 18,164, up 53 pts on the Singapore Exchange. Here are 7 things you must know before ...

Posted on 05/01/2023

Second teen pleads guilty to part involvement OCBC phishing scam in Singapore

A 19-year-old man on Wednesday (Jan 4) admitted to his involvement in a spate of high-profile phishing scams affecting OCBC bank between December 2021 ...

Posted on 05/01/2023

A more uncertain 2023, but Singapore market is expected to outperform: UOB Kay Hian

Despite forecasting a "tough year" for Singapore in 2023, UOB KH thinks the STI will outperform. Analysts at UOB Kay Hian (UOB KH) are forecasting that the Singapore market will o ...

Posted on 05/01/2023

10 Top Dividend Aristocrat Stocks To Buy In 2023 – Our Favorite Is Singapore Technologies Engineering

Dividend Aristocrats is an S&P term for stocks that have raised their annual dividend every year for many years. See 10 top dividend aristocrats here.

Posted on 04/01/2023

Online grocery startup Kurly scraps IPO amid market uncertainty

We have decided to postpone listing on the Korea Exchange (KOSPI), considering market sentiment remained weak amid the global market uncertainties,” the company said in an emailed statement. The ...

Posted on 04/01/2023

Phishing scams involving OCBC customers: SG teen reoffended while on probation

A teenager was on probation when he took part in money laundering-related activities linked to phishing scams involving OCBC Bank’s customers.

Posted on 04/01/2023

Second teen pleads guilty to part involvement in OCBC phishing scam totaling $12.8 million in losses

A 19-year-old man on Wednesday (Jan 4) admitted to his involvement in a spate of high-profile phishing scams affecting OCBC bank.

Posted on 04/01/2023

OCBC phishing scams: Teen admits being part of syndicate funnelling about S$600,000 in scam proceeds

Brayden Cheng Ming Yan was part of a local syndicate that operated across Telegram groups and helped overseas criminals with money laundering.

Posted on 04/01/2023

StanChart pushes Bonus$aver interest rate up to 7.88%, highest in Singapore

SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent.This is the latest ...

Posted on 04/01/2023

Singapore’s private exchange ADDX serves untapped Asian assets

ADDX lists and trades some of the most illiquid but higher-yielding assets in small ticket sizes. SINGAPORE: A private market exchange run by a Singapore-based startup has been named one of the ...

Posted on 04/01/2023

Market LIVE Updates: SGX Nifty futures indicate negative start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Wednesday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...

Posted on 04/01/2023

Singapore banks seeing growth slowdown, UOB top pick: CGS-CIMB

Singapore’s banks are seeing a slowdown in growth, with more modest gains ahead amid a softer GDP outlook, write CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee. In a Jan 2 note, Choong and ...

Posted on 04/01/2023

Singapore Savings Bond opens for Feb issuance with interest rates under 3%

THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market ...

Posted on 03/01/2023

Singapore Savings Bond opens for February issuance with interest rates under 3%

THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market ...

Posted on 03/01/2023

Singapore DPM Wong says Budget 2023 on Feb 14 is his ‘Valentine’s Day present’ to help Singaporeans cope with rising costs

With more measures to help Singaporeans cope with the rising cost of living, Budget 2023 that will be unveiled on Feb 14 will be Deputy Prime Minister ...

Posted on 03/01/2023

Singapore’s Standing in the Global Art Market Could Rise as International Galleries Flock to the City

Tan is a Singaporean art adviser who previously served as the executive director of global artistic programs and deputy director at New York’s Asia Society Museum. He was also director of Marc Straus ...

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