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Category: FINANCE

Posted on 13/10/2022

‘In the future, sustainable products will be conventional products’: UOB chief sustainability officer Eric Lim

Lim was appointed as the bank’s first (CSO) to lead its dedicated sustainability office in April 2021. This role is concurrent with his two other positions as managing director of group finance at UOB ... ( read original story ...)

Posted on 13/10/2022

Singapore’s OCBC scouting for Indonesian acquisitions – CEO

Singapore-based Oversea-Chinese Banking Corp Ltd OCBC.SI is hunting for acquisitions in Indonesia to speed up its growth, aiming to leverage a strong capital buffer built up in recent years, the head ... ( read original story ...)

Posted on 13/10/2022

What are cash management accounts and should they be part of your investment portfolio?

Online brokerage Tiger Brokers and private market exchange ADDX are among the investment platforms that have rolled out cash management solutions, which they describe as “low-risk” alternatives to ... ( read original story ...)

Posted on 12/10/2022

Blockchain.com gets Singapore licence, second crypto firm to obtain approval this week

Blockchain.com, a cryptocurrency exchange backed by investors including Lightspeed Venture Partners, said on Wednesday it had received approval from Singapore's central bank to offer payment services ... ( read original story ...)

Posted on 12/10/2022

FinAccel Becomes Singapore’s Newest Unicorn After Canceling SPAC Merger, U.S. IPO Plans

Singapore-based FinAccel—the parent of Indonesia’s buy now, pay later (BNPL) platform Kredivo—has become the city-state’s newest unicorn after raising almost $140 million in a funding round months ... ( read original story ...)

Posted on 12/10/2022

SAG Holdings Begins U.S. IPO Effort

SAG Holdings Limited, the firm that distributes vehicle aftermarket parts in Asia and elsewhere, has filed for a U.S. IPO. Read more here. ( read original story ...)

Posted on 12/10/2022

Stock Market Live Updates: SGX Nifty signals a positive start; Asian stocks trade lower

Tokyo stocks opened lower on Wednesday after a mixed close on Wall Street following the IMF's downcast economic outlook, with investors remaining cautious about the impact of infl ... ( read original story ...)

Posted on 12/10/2022

Bell Potter, Canaccord seek bids for Conrad Asia Energy IPO

Conrad Asia Energy Ltd and its stockbrokers are trying to bring the company’s proposed $45 million initial public offering to a head. ( read original story ...)

Posted on 12/10/2022

Singapore Stock Market Draws Weak Lead For Wednesday’s Trade

The Singapore stock market has closed lower in four straight sessions, sinking almost 50 points or 1.4 percent in that span. The Straits Times Index now rests just above the 3,105-point plateau and it ... ( read original story ...)

Posted on 12/10/2022

UOB’s Share Price Has Tumbled 16% in 6 Months: Is the Bank a Buy?

Being one of Singapore’s three big banks, can investors rely on its financial strength and experience to sail through a possible downturn? UOB continued to impress with its latest fiscal 2022’s ... ( read original story ...)

Posted on 12/10/2022

Singapore takes action against former BSI Bank deputy CEO for failing to act in 1MDB-related transactions

Singapore authorities have taken action against BSI Bank Ltd Singapore branch's (BSIS) former deputy chief executive officer for his contribution to the bank's failure to file suspicious transaction ... ( read original story ...)

Posted on 12/10/2022

Crypto Bank MinePlex Secures $100M from GEM Digital To Develop New Banking Technologies

Singapore-based crypto and digital bank, MinePlex, on Tuesday announced it has received $100 million in funding from digital asset investment firm GEM Digital Limited (GEM), which will be used to ... ( read original story ...)

Posted on 12/10/2022

Lift breaks down at UOB Plaza 1 trapping family for 3.5 hours

A family of three were trapped in a lift for more than three hours at UOB Plaza 1 on the evening of Oct. 9. They were headed for the Si Chuan Dou Hua restaurant on the 60th floor, but ended up stuck ... ( read original story ...)

Posted on 11/10/2022

Alopexx, Inc. IPOs Tomorrow, Here’s What You Need To Know

See also: Benzinga IPO Calendar Trending: Putin Ally Declares Russia Will Target This City First If World War 3 Erupts Must Read: Twitter May Drop Clickable Hashtags, AstraZeneca's Nasal COVID-19 ... ( read original story ...)

Posted on 11/10/2022

CASE alerts consumers to phishing emails impersonating its officers requesting for personal and bank details

(Photo: iStock/drogatnev) SINGAPORE: The Consumers Association of Singapore ... In these emails, consumers were asked to participate in the live chat, and approach bank partners to perform payment ... ( read original story ...)

Posted on 11/10/2022

Financial Uncertainty A Top Stressor, But Mental, Physical And Financial Resilience Improving, Says New HSBC Life 2022 +Factor Study

HONG KONG SAR / SINGAPORE - Media OutReach - 11 October 2022 - A global study 1 by HSBC Life – the HSBC Group's insurance business – highlights the critical role that resilience played to shape a ... ( read original story ...)

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