ASIAN equities, including Singapore’s, were down on Friday (Dec 2), tracking a mixed Wall Street where two of the three key indices had closed lower. Read more at The Business Times.
Citi names four to Asia-Pacific markets business
Mario Serafino is appointed sole head of Asia-Pacific equity derivatives sales. In addition to managing the Asia-Pacific sales teams across equity derivatives flow and delta one, as well as ...
Singapore says windfall tax could curtail investment in greener fuels
“Arbitrary measures like windfall taxes will send the wrong signal to businesses and discourage them from investing in Singapore.” Green technologies clean up at Singapore’s Smart Port Challenge He ...
HSBC cutting at least 200 senior managers globally, say sources
HSBC is cutting as many as 15 per cent of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter ...
HSBC cutting at least 200 senior managers globally, says sources
HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said.
Best fixed deposit rates in Singapore (November 2022): DBS, UOB, OCBC and more
Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ...
Singapore Shares May See Resistance At 3,300 Points
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 ...