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Category: FINANCE

Posted on 03/11/2022

Tiger Brokers and UOB Asset Management jointly launch their first fixed maturity plan in Singapore

Tiger Brokers (Singapore), on Nov 3, launched its first fixed maturity plan in Singapore. The United Fixed Maturity Bond Fund 1 is a three-year investment-grade bond fund that will be managed by UOB ...

Posted on 03/11/2022

Stock market LIVE Updates: Sensex and Nifty likely to make gap-down start after Fed rate hike

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Thursday tracking weak global cues after the Fed announced a 75-basis-point hike in benchmark interest rates ...

Posted on 03/11/2022

Stock Market Live Updates: SGX Nifty signals a negative start; Asian shares trade lower

Asian share markets slid on Thursday after the U.S. Federal Reserve laid the groundwork for a protracted tightening campaign that torpedoed market hopes for a pause, sank bonds and lifted the dollar.

Posted on 03/11/2022

DBS profit jumps 32% to record on rates, flags upbeat outlook

SINGAPORE: DBS Group reported a forecast-beating 32 per cent jump in quarterly profit to a record high and gave a bullish outlook on Thursday (Nov 3) as higher interest rates boosted net interest ...

Posted on 03/11/2022

DBS profit soars 32% to a quarterly record on rising interest rates

SINGAPORE -DBS Group reported a forecast-beating 32 per cent jump in quarterly profit to a record as higher interest rates boosted net interest margins at Southeast Asia's largest lender, a trend seen ...

Posted on 03/11/2022

Crypto speculation, CBDCs, talent crunch in focus at Singapore fintech festival

PM-in-waiting Lawrence Wong says there should be ‘no doubt’ Singapore is ‘fully’ embracing emerging technologies. But he says a healthy level of ‘constructive paranoia’ and ‘divine discontent’ is also ...

Posted on 03/11/2022

Medanta operator Global Health raises Rs 662 crore from anchor investors ahead of IPO

HDFC MF, Aditya Birla Sun Life MF, SBI MF, ICICI Prudential MF, Kotak MF, Max Life Insurance Company and SBI Life Insurance Company are among the anchor investors.

Posted on 03/11/2022

Singapore launches new process to digitalize banker’s guarantees, insurance bonds

Singapore's Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) on Wednesday jointly launched a digital process for businesses and individuals to provide a banker's guarantee or ...

Posted on 03/11/2022

Standard Chartered to tokenise trade finance in Singapore digital asset pilot

Standard Chartered is launching a trade finance tokenisation pilot as part of a Monetary Authority of Singapore (MAS) initiative that is exploring the economic potential and value-adding use cases of ...

Posted on 03/11/2022

Singapore: DBS Tests FX Trading, Government Securities Using Blockchain

DBS, a Singapore-based financial institution that operates across Asia, has announced that it has utilized permissioned DeFi liquidity pools on a public ...

Posted on 02/11/2022

Manali Petrochemicals to invest $35 million in Singapore subsidiary

Manali Petrochemicals Limited (MPL) on Wednesday said its Board has approved an additional investment of up to $35 million in its wholly-owned subsidiary AMCHEM Speciality Chemicals Private Limited, ...

Posted on 02/11/2022

Singapore’s factory activity contracts for second straight month

SINGAPORE - October’s factory activity contracted for the second consecutive month while the electronics sector pulled back for the third straight month, suggesting a continued deterioration in ...

Posted on 02/11/2022

No IPO But Online Giant Shein To Open Tokyo Store This Month

Earlier this year the company expanded its Singapore office after making a Singapore firm its de facto holding company, amid a flurry of filings by the online fast-fashion retailer, plus reports that ...

Posted on 02/11/2022

Singapore’s Central Bank Experiments with DeFi to Transform Capital and Bond Markets

The pilot, the first of its kind, was completed under MAS’ Project Guardian initiative that explores potential DeFi applications in wholesale funding markets. Under the pilot, three global banks, ...

Posted on 02/11/2022

Consolidated view of insurance policies now available on Singapore Financial Data Exchange

Users of the Singapore Financial Data Exchange (SGFinDex) will now be able to see at a glance all their insurance policies from different insurers.

Posted on 02/11/2022

Consolidated view of insurance policies now available on SGFinDex

Users of the Singapore Financial Data Exchange (SGFinDex) will now be able to see at a glance all their insurance policies from different insurers.

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