OCBC Investment Research’s Chu Peng has maintained her “buy” rating on SIA Engineering Company (SIA EC) but has cut her fair value estimate from $2.90 to $2.60 in light of the company’s 1HFY2023 ended ...
Crypto exchange FTX’s token leads major coins in slide as investor jitters rattle market
By Tom Westbrook, Tom Wilson and Hannah Lang LONDON/SINGAPORE (Reuters) -The in-house token of major crypto exchange FTX slumped on Tuesday, losing one-third of its value and dragging down other major ...
Tokyo & Singapore: Friendly Competitors
The race to establish global financial centres is often pitted as a fierce competition where the winner-takes-all.
Chinese workspace provider AgiiPlus adds terms to proposed $39M IPO
Chinese workspace provider AgiiPlus (AGII) has added terms to a proposed $39M US initial public offering. Read more on the IPO here.
Singapore’s DBS, other Southeast Asia banks gain on MUFG in market cap
Top Singaporean bank DBS Group Holdings and Indonesia's Bank Central Asia now hold market values that match or exceed that of Mitsubishi UFJ Financial Group, Japan's largest bank, the sea change ...
Standard Chartered and upSWOT launch business analytics solution
Through the new solution, Standard Chartered’s SME clients can connect the business apps that they use with upSWOT to generate real-time insights and dashboard analysis using the data aggregated ...
Is The Singapore Property Market Slowing Down?
In the meantime, you can take advantage of other investment vehicles that are benefiting from the high interest rate environment such as Singapore Savings Bonds or Treasury Bills. This can help ...
Singapore Market edges up ahead of U.S. midterm elections
However, market gains capped as investors seemed reluctant to make significant moves on sharply escalating COVID-19 cases in China and ahead of the U.S. midterm elections on Tuesday.
Grab online bank leader Reuben Lai to step down
Reuben Lai, executive director at GXS Bank, is leaving the position at the end of this year. The news was first reported by Tech In Asia. Lai was head of Grab Financial Group until May 2022, and then ...
The rise of $100 million net worth individuals: Why Singapore’s luxury property market still has room for growth
At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment.The Additional Buyers Stamp Duty (ABSD) rate for foreigners ...
Shoppers are back, but higher interest rates and weak currencies cloud Starhill Global REIT’s outlook: OCBC
Higher interest rates and the weak Malaysian ringgit and Australian dollar have dampened Starhill Global REIT’s (SGREIT) outlook, say OCBC Investment Research analysts. The REIT owns interests in ...
Following 3QFY2022 results, analysts divided on OCBC’s net interest margin outlook
Some analysts see a stable outlook ahead for Oversea-Chinese Banking Corporation (OCBC Bank) following its results for 3QFY2022 ended September, with mid-single digit loan growth within reach in the ...
DBS, Temasek, World Bank and more launch second edition of climate-tech accelerator programme
Organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini and the Centre for Nature-based Climate Solutions at the National University of Singapore (NUS CNCS), the group ...
This Fund Thinks Southeast Asia Looks Ripe For Investment, And Here’s Why
Yong also highlighted Singapore as a market with opportunities in the automotive ... The key issues facing the Asia-Pacific markets Of course, no area of investment is without concerns. For example, ...
Vertical’s Tribeca-backed global critical minerals event set for Singapore
A future-focused resources conference backed by one of Asia Pacific’s most prolific investment firms will converge on Singapore next year.
Summit Industrial REIT sold in Singapore-backed $5.9 billion deal
Government of Singapore Investment Corp. and Dream Industrial REIT acquire Summit’s industrial portfolio in all-cash transaction ...