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Category: FINANCE

Posted on 23/11/2022

SGX Nifty rises 65 points: Firm Asian cues, DII buying, Inox Green Energy market debut & more

Nifty futures on the Singapore Exchange quoted 65 points, or 0.36 per cent, higher at 18,352.50, hinting at a positive start for the domestic market on Wednesday.

Posted on 23/11/2022

DBS maintains ‘buy’ on Digital Core REIT on further DPU accretion

DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.

Posted on 23/11/2022

Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023

Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on ...

Posted on 23/11/2022

OCBC report: Young Singaporeans expect to retire early ‘in style’, but worry they can’t afford retirement

A majority of young Singaporeans in their 20s worry that they cannot afford housing and retirement, but they are aiming for a retirement lifestyle that ...

Posted on 23/11/2022

Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report

Majority of young Singaporeans in their 20s worry they cannot afford housing and retirement, OCBC’s Financial Wellness Index 2022 finds, yet opt for a retirement lifestyle that would cost almost ...

Posted on 22/11/2022

Young crypto investors still plan to invest in cryptocurrencies despite crash: OCBC Financial Wellness Index

According to the index, young Singaporeans are found to have been keener on crypto in order to build their wealth quickly.

Posted on 22/11/2022

Singapore Police warns investors about post-FTX phishing scams

Singaporean Police have warned that scammers are targeting investors still hurting from the losses brought on by the recent bankruptcy of cryptocurrency ...

Posted on 22/11/2022

Crypto scam involving former Singapore-based exchange cheats US investors of $13.8m

The scam involved spoofed domains of the Singapore International Monetary Exchange. Read more at straitstimes.com.

Posted on 22/11/2022

How Singapore’s OCBC is harnessing open source

OCBC using the OpenShift container platform to modernise its applications, reduce its reliance on proprietary software and deliver new business capabilities ...

Posted on 22/11/2022

Singapore defends its treatment of Binance after FTX ‘debacle’

Singapore's central bank has responded to criticism of its treatment of two of the world's largest crypto exchanges, explaining why Binance was on an investor watch list while FTX, which has filed for ...

Posted on 22/11/2022

Singapore’s first digitally-native bank, Trust Bank, partners with Perx Technologies to jump-start dynamic mobile-first customer engagement

Mr. James Ong, Chief Commercial Officer of Trust Bank, said, "Our partnership with Perx Technologies has enabled us to create an instantly rewarding digital banking experience, adding value to the ...

Posted on 22/11/2022

Stock Market LIVE Updates: Sensex and Nifty to open higher amid mixed global cues

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open in the green on Tuesday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty ...

Posted on 22/11/2022

SGX Nifty rises 43 points: Mixed Asian markets, Kaynes Tech IPO, Vedanta dividend & more

Nifty futures on the Singapore Exchange quoted 43.50 points, or 0.24 per cent, higher at 18,248.50, hinting at a positive start for the domestic market on Tuesday.

Posted on 22/11/2022

Citi Singapore and NUS Business School Redesign Transaction Banking Course to mark 10 Years of Collaboration

To meet the needs of the future economy, Citi Singapore's Treasury and Trade Solutions (TTS) and the National University of Singapore's (NUS) Business School today announced the revamp of its 13-week ...

Posted on 22/11/2022

HSBC taps former Citi head to lead its wealth and personal banking business

Ashmita Acharya will take over the post on 18 January 2023. HSBC Singapore has named international banking expert, Ashmita Acharya, as its new head of Wealth and Personal Banking Business (WPB).

Posted on 22/11/2022

Singapore’s Regulators Clarify FTX-Binance Issue, Says Investors Not Protected

While the MAS addressed numerous points with regard to FTX and Binance, Singapore’s central bank and regulator emphasized the risks of crypto trading and the uncertainty around crypto exchanges. It ...

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