Indonesian milk company AustAsia has got permission from the Hong Kong Stock Exchange for its public float, cutting its offering from an initial target of $100m to roughly $50m-$70m due to difficult ... ( read original story ...)
Busy weeks ahead for Singapore market as companies announce results
It is going to be a busy week ahead in the Singapore market as more companies are scheduled to release their quarterly results during the coming weeks. Read more at straitstimes.com. ( read original story ...)
Inflation-Fighting Central Bank Powers Rally in Singapore Bonds
The Monetary Authority of Singapore’s reliance on exchange rate as the monetary policy tool to fight inflation is bringing rich dividends for bond investors. Most Read from BloombergLula Edges Out Bol ... ( read original story ...)
Trust Bank to raise rates for savings account, open help centre to lure more customers
From Nov 1, savings account holders will earn a base interest of 1.5 per cent per annum on deposits of up to $75,000. Read more at straitstimes.com. ( read original story ...)
UOB sets out plan to meet net-zero targets by 2050
Goal will be met by cutting financing to upstream oil projects and setting emissions reduction goals in other sectors. Read more at straitstimes.com. ( read original story ...)
DBS’ purpose-bound money vouchers, like CDC vouchers but better
There is a new kid on the block that goes by the moniker purpose-bound money-based (PBM) vouchers issued by DBS Group Holdings. To download PBM vouchers, scan a specific QR code issued by DBS, sign up ... ( read original story ...)
UOB’s ‘solid’ net interest margin expansion in 3QFY2022 win praise and upgrades from analysts
We believe UOB will be able to ride through the current challenges given its solid asset quality and healthy capital.” ... ( read original story ...)
UOB commits to 2050 net-zero targets across six sectors, to join DBS and OCBC in Net-Zero Banking Alliance
Power, automotive, oil and gas, real estate, construction and steel make up about 60% of UOB's corporate lending portfolio. ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty likely to open higher amid positive global cues
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap up start on the first trading day of the week tracking strong global cues. Singapore Exchange Nifty futures, an early ... ( read original story ...)
Singapore Bourse Expected To Extend Winning Streak
The Singapore stock market has finished higher in four straight sessions, collecting more than 90 points or 3 percent along the way. ( read original story ...)
Explained: Why Indian Startups are establishing a base in Singapore
Singapore is number one in the world on the Heritage Foundation's index of economic freedom, number one in the World Economic Forum global competitiveness report last published in 2019 ... ( read original story ...)
DBS goes live on SGX unit’s crypto platform
DBS has become the first bank to go live on a new digital asset trading platform from Singapore Exchange unit MaxxTrader. SGX-owned MaxxTrader provides foreign exchange pricing and risk services to ... ( read original story ...)
UOB’s 3Q2022 at a new high, Citi acquisition cost to impact 4Q2022
UOB posts record 3QFY2022 net profit on rising rates, Its 4Q2022 results will incorporate Citi-associated one-time costs. ( read original story ...)
Singapore-based insect food company draws investment worth almost $40M
The report has revealed that there are 15 Singapore-based insect companies with operations in more than ten countries, including start-up companies. ( read original story ...)
One in three people in Singapore loses sleep over money: Survey
Respondents also experience anxiety that affects their health and mental wellness. Read more at straitstimes.com. ( read original story ...)
How 4 Singapore REITs Performed In the Latest Quarter: CDL Hospitality Trusts; Frasers Centrepoint Trust; Keppel REIT; Mapletree Logistics Trust
With that, let’s explore four Singapore real estate investment trusts (REITs) that announced their latest earnings or gave their quarterly business update. The REITs are diversified across different ... ( read original story ...)