SINGAPORE -HSBC reported on Tuesday a drop of 42 per cent in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks ... ( read original story ...)
HSBC Q3 pretax profit falls 42% on impairments
HSBC reported on Tuesday a drop of 42% in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks benefit from rising ... ( read original story ...)
I went back to primary school after 30 years, & boy, have times changed
When I was in primary school, which was like 30 years ago, Singapore was a different place. There was no internet. Public buses had no air conditioning. Television programming wasn’t 24 hours. Ah, ... ( read original story ...)
UOB Asset Management launches Singapore-China feeder ETF
UOB Asset Management has teamed up with its Chinese joint venture partner Ping An Fund Management to roll out the first master-feeder exchange traded fund operating between the Singapore and Shenzhen ... ( read original story ...)
Travel, fashion and fine dining: UOB expands retail offerings across ASEAN with exclusive tie-ups featuring leading regional brands
UOB cardholders in Singapore as well as Southeast Asia can look forward to exciting deals and offerings in travel, retail and dining as the Bank expands its partnerships with top brands across the ... ( read original story ...)
Stock Market LIVE: SGX Nifty lower, hints at muted start for Indian indices
Asia's main stock markets traded on a stronger note, with investors shifting focus to corporate earnings as signs of economic softness suggested that the effects of the Fed's aggressive policy, aimed ... ( read original story ...)
Chart of the day: APAC leads most AUM source for Singapore in 2021
The region also leads the highest total for AUM investment outside of Singapore. This chart from the Monetary Authority of Singapore shows Singapore’s Assets Under Management (AUM) sourced from ... ( read original story ...)
How Singapore’s property investment market fared in Q3
Investment sales dropped 38.5% to S$4.8b. Singapore property investment sales declined 48.9% q-o-q and 38.5% y-o-y to S$4.8 billion in Q3 2022. A Knight Frank report says this brought the cumulative ... ( read original story ...)
Bitcoin, NFTs attract family offices, super-rich in Hong Kong, Singapore as investors look to diversify portfolio, study shows
Most family offices and high net worth individuals from Hong Kong and Singapore have taken to digital assets, shrugging off the volatility in the sector, according to a new report. ( read original story ...)
SSB, T-bill and fixed deposits: How to maximise your savings with low-risk tools
In times of high inflation and rising rates, experts recommend low-risk investment and cash alternative products. Read more at straitstimes.com. ( read original story ...)
Singapore ETF link to Shenzhen to debut next month
Singapore is to get a first exchange-traded fund giving investors exposure to Chinese tech stocks via a similar vehicle in Shenzhen. The ETF created by Singapore's UOB bank will list in the city-state ... ( read original story ...)
Raffles Medical, IHH to benefit from hospital bed crunch: DBS
SINGAPORE - Raffles Medical and other private hospitals, such as those under IHH Healthcare, are expected to benefit from the current bed crunch at public hospitals, according to a report by DBS. Read ... ( read original story ...)
COP27 climate conference: S’pore’s key role and the battle over finance
Rising sea levels and weather disasters are hitting poorer nations hardest. Facing devastating impacts and rising debt, they want next month’s COP27 climate talks in Egypt to deliver a dramatic boost ... ( read original story ...)
From home and car loans to investing: How you can benefit by going green
UOB’s John Lau answers your key questions about sustainability, including ESG investing. Read more at straitstimes.com. ( read original story ...)
Why venture capitalists are investing in Singapore’s start-up ecosystem – particularly health and biomedicine
In the first nine months of 2021, city-state businesses – home to more than 3,800 tech start-ups – signed deals worth over US$1 billion focused on health and well-being. ( read original story ...)
Top Stock Market Highlights of the Week: Telsa, Sembcorp Industries and UOB Asset Management
We review the earnings from an electric vehicle manufacturer and explore the latest ETF by the asset management arm of a local bank. The post Top Stock Market Highlights of the Week: Telsa, Sembcorp ... ( read original story ...)