The Singapore stock market has moved higher in three straight sessions, gaining more than 50 points or 1.6 percent along the way. The ...
Analysts cheer ST Engineering’s revenue visibility, but Citi is not so sure
Despite 9 out of 11 analysts calling "buy" on STE, find out why Citi is calling "sell" and lowering its target price on STE.
Singapore stocks barely up as markets elsewhere cheer prospect of lower Fed hikes
Local shares remained largely indifferent to positive talk on interest rates from the United States overnight and ended flat on Thursday. Read more at straitstimes.com.
HSBC CEO ratchets ups cost-cutting target for next year
HSBC has identified US$1.7 billion of extra costs that can be stripped out next year, chief executive Noel Quinn said on Thursday (Dec 1), as the bank battles to improve returns amid calls for it to ...
Singapore stocks barely up as markets elsewhere cheer Fed’s lower hikes
MOST Asian equities cheered the less hawkish stance of the US Federal Reserve (Fed), but Singapore shares closed flattish on Thursday (Dec 1). Read more at The Business Times.
Stock Market LIVE Updates: Sensex surges 350 pts, hits fresh record high; Nifty above 18,850; TechM, Infy rise 2% each
The Sensex closed at a record of 63,099.65, up 417.81 points, or 0.67%, from the previous close. It touched a new intraday high of 63,301.01 before paring some gains. The Nifty advanced 140.30 points, ...
Citi says trader error behind flash crash in European stocks
CITIGROUP said its London trading desk was behind a flash crash in Europe, which had sent shares across the continent tumbling after a sudden 8 per cent decline in Swedish stocks. Read more at The ...
Singapore to Eliminate Cheques by 2025
The Monetary Authority of Singapore (MAS) has issued a public consultation paper to study the possibility of eliminating all corporate cheques and terminate central cheque clearing by 2025. The ...
Singapore shares up 0.65%, led by OCBC and DBS gains
WITH 2 of the 3 banking heavyweights each notching over 3 per cent rise in their Friday (Apr 29) share price and as bullishness prevailed in the regional bourses, Singapore’s blue-chip benchmark ...
Singapore banks to report weaker Q1 earnings amid market volatility and lower risk appetites
SINGAPORE banks are expected to report weaker first quarter earnings from a year ago, as wealth and treasury income are weighed down by investors’ risk-off sentiment amid market volatility. Read more ...
Singapore stocks join regional peers in rally; STI ends 0.4% higher
THE bullishness in regional stock markets rubbed off on Singapore’s, lifting the blue-chip benchmark Straits Times Index (STI) by 14.42 points or 0.4 per cent to 3,335.09 on Thursday (Apr 28). Read ...
Are Digital Banks Breeding a Risky Competitive Climate Singapore?
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide, ...
Rising US rates to boost Singapore bank earnings towards pre-Covid levels
WITH Singapore having one of the largest passthrough of higher US interest rates into local lending yields in the Asia-Pacific region, Fitch Ratings believes the recovering operating profit and ...
Live Singapore Dollar (SGD) Exchange Rates
Welcome to the Singapore Dollar exchange rate & live currency converter page. The Singapore Dollar (SGD) exchange rates represented on this page are live, updated every minute within the forex ...
UOB raises maximum interest rate for flagship savings account to 7.8%
The maximum bonus interest rate on the UOB One account, at 7.8 per cent per annum, is the highest in the flagship savings account's seven-year history.
UOB raises maximum interest rate on One savings account to 7.8%, joining peers in deposits race
It now has the highest maximum bonus interest rates among the three local lenders. Read more at straitstimes.com.