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Category: FINANCE

Posted on 13/04/2023

Masayoshi Son’s SoftBank Sells Venture Capital Arm To Younger Brother’s Singapore-Based Investment Firm

J apanese billionaire Masayoshi Son’s SoftBank Group will sell its early-stage venture capital arm SoftBank Ventures Asia to The Edgeof, a newly formed investment firm helmed by Son’s youngest brother ...

Posted on 13/04/2023

Swiss bank Julius Baer makes key appointments in Southeast Asia

SINGAPORE, April 13 (Reuters) - Zurich-based Julius Baer (BAER.S) has appointed Chin Lit Yee as its new head of South East Asia, the private bank said on Thursday. Kevin Tay will assume Yee's previous ...

Posted on 13/04/2023

Singapore ready to provide liquidity to keep financial system stable: MAS

Minister Shanmugaratnam assured that the central bank conducts annual stress tests. Singapore’s central bank is ready to provide liquidity to banks to ensure that the financial system remains stable, ...

Posted on 13/04/2023

Who is Piyush Gupta, the CEO of DBS Group who earns Rs 25 lakh per day? Know about his education, family, net worth & more

He then decided to join DBS as CEO in 2009. The CEO has a thing for books and enjoys reading. He also loves to play golf and badminton. That’s not all, he is also a bird watcher. A citizen of ...

Posted on 13/04/2023

StanChart’s VC arm invests in fintech platform BetterTradeOff

The platform will use the investment to boost its digital wealth advisory capabilities. Standard Chartered’s venture arm, SC Ventures, has invested in Singapore-based fintech SaaS platform ...

Posted on 13/04/2023

Singapore rent prices are still sky-high. Long-time expats are having to consider drastic changes

Foreign expats in Singapore continue to feel the pain as home rental prices remain high and show little signs of returning to pre-pandemic levels.

Posted on 13/04/2023

Stock Market Live: Sensex, Nifty poised to open lower tracing global cues

Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to make a muted start on the last trading day of the week tracing global cues. Singapore Exchange Nifty futures, an early indicator of ...

Posted on 13/04/2023

Singapore tax: Do you need to declare Toto winnings to IRAS?

Well, good news: according to the Inland Revenue Authority of Singapore (IRAS), "winnings received are not taxable as they are windfalls and not considered as an income". Hence, you do not need to ...

Posted on 13/04/2023

Singapore Land Group (SGX:U06) shareholders have endured a 29% loss from investing in the stock five years ago

The stock market disliked the FOMC minutes citing a possible recession, closing the day in the red. This airline stock plunged over 9%. 3M (MMM) is poised for growth on the back of improving supply ...

Posted on 13/04/2023

Singapore tycoon’s Nippon Paint seeking acquisition deals

Mr Goh Cheng Liang's Wuthelam Holdings took a majority stake in Japan's Nippon Paint in 2021. Read more at straitstimes.com.

Posted on 13/04/2023

More help for companies to assess climate-related risks and understand green finance

Help is at hand for companies struggling to assess the impact of climate change on their business and the even more daunting challenge of securing funding for sustainable projects. Read more at ...

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 ...

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