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Category: FINANCE

Posted on 23/03/2023

UOB Kay Hian keeps ‘buy’ on Yangzijiang but sees capital management as the group’s major issue

See also: UOB Kay Hian keeps 'overweight' rating on data centre REITs as it sees backfilling supported by tight vacancies The group had, however, reported declines in both its 2HFY2022 and FY2022 ...

Posted on 23/03/2023

Temasek’s Sheares Healthcare Makes First Mental Health Investment With Singaporean Startup’s $4 Million Funding Round

ThoughtFull marks Sheares’ first investment in mental healthcare in Asia. Sheares previously led the $30 million Series C funding round of Singapore-based senior caregiving provider Homage, which was ...

Posted on 23/03/2023

Singapore: Core Inflation Steady While Headline Inflation Decelerates Further

Price pressures in Singapore remained potent with headline and core inflation ... unchanged from the previous month and much slower than market expectations for a 5.8% rise. Finance Minister Lawrence ...

Posted on 23/03/2023

Singapore’s core inflation unchanged at 5.5% in February

SINGAPORE: Singapore's core inflation remained unchanged at ... pace of increase in the prices of personal care products and recreational & cultural goods. Finance Minister Lawrence Wong in his Budget ...

Posted on 23/03/2023

Singapore February core inflation rises lower-than-forecast 5.5%

SINGAPORE, March 23 (Reuters) - Singapore's key consumer price gauge rose 5.5% in February, unchanged from the previous month and lower than forecast, official data showed on Thursday. The core ...

Posted on 23/03/2023

Contagion fears spread, but impact of banking crisis on Asia largely contained

As far as he knows, there has been no data or evidence to suggest that any bank in Asia-Pacific is at risk of a collapse. It is a sentiment shared by others in the region. Singapore-based Sue Trinh, ...

Posted on 23/03/2023

UPDATE 1-Singapore to follow “hierarchy of claims” in liquidating financial institutions

March 22 (Reuters) - Singapore’s central bank said it will abide by the hierarchy of claims while liquidating a financial institution where shareholders will be the first to absorb losses before ...

Posted on 23/03/2023

OCBC’s Vasu Menon expects US Fed to raise rates by 25 bps; ‘banking crisis’ does not spell ‘gloom and doom’

"In a nutshell – be nimble, stay defensive, focus on quality, and invest carefully and gradually with a mid to long-term view." ...

Posted on 22/03/2023

CGS-CIMB Sticks to Their Buy Rating for OCBC (OVCHF)

CGS-CIMB analyst Andrea Choong maintained a Buy rating on OCBC (OVCHF – Research Report) yesterday and set a price target of S$13.50. The ...

Posted on 22/03/2023

UOB (UOVEF) Receives a Buy from CGS-CIMB

In a report released yesterday, Andrea Choong from CGS-CIMB maintained a Buy rating on UOB (UOVEF – Research Report), with a price target ...

Posted on 22/03/2023

Stock Market Live: Sensex and Nifty 50 likely to open with gains, Asian indices in the green

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher trading global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 25.5 points ...

Posted on 22/03/2023

Banks to share information voluntarily in initial phase of proposed platform to fight money laundering

SINGAPORE – Banks that agree to share details of customers ... The six banks – DBS, OCBC, UOB, Standard Chartered, Citibank and HSBC – will be first to use Cosmic, which aims to thwart financial ...

Posted on 22/03/2023

Singapore to host Asian Water Polo Championships from 22-27 March

Singapore is currently hosting the Asian Water Polo Championships from 22 Mar to 27 Mar at the OCBC Aquatic Centre at the Singapore Sports Hub, with Asian powerhouse ...

Posted on 22/03/2023

‘Premature’ to posit loss and damage donors, recipients: Singapore environment ministry on youth group statement

Singapore’s sustainability and environment ministry (MSE ... warming well below 2°C reaffirms the obligation for developed countries to mobilise climate finance. SYCA’s statement does not give an ...

Posted on 22/03/2023

UOB Kay Hian keeps ‘overweight’ rating on data centre REITs as it sees backfilling supported by tight vacancies

UOBKH maintains "overweight” rating on the data centre S-REITs after seeing first year of positive growth since 2017 ...

Posted on 22/03/2023

Stock Market LIVE Updates: Sensex gains 250 pts, Nifty above 17,150; Adani Green jumps 5%, HCL Tech 2%

Nifty futures on the Singapore Exchange traded 40 points or 0.23% higherat 17,184.50, signalling a positive start for Dalal Street on Wednesday. Asian shares followed US equities higher as concerns ...

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