Rising uncertainty is clouding the outlook for banks in Singapore, as subdued growth in banking system loans point to headwinds for loan growth targets, note RHB Group Research analysts. Among the ... ( read original story ...)
Singapore’s central bank warns not all crypto activities are regulated
The Monetary Authority of Singapore (MAS) has said that some crypto-related activities are unregulated and it would not know the number of companies interested in setting up a crypto firm in the ... ( read original story ...)
Singapore stocks index is sole winner among developed markets this year
Until the Fed slows or pivots, developed markets probably won’t catch up with Singapore, said Daniel Dubrovsky. ( read original story ...)
Banks in Singapore lift fixed deposit rates further with latest round of promotions
The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)
Rich Mainland Chinese Snap up Luxury Homes in Singapore Despite Tax Hikes
Wealthy mainland Chinese have been the top foreign buyers of expensive private properties in Singapore this year as the city-state reaps the benefits of post-pandemic reopening and a relatively strong ... ( read original story ...)
Wealthy Chinese nationals snap up luxury homes in Singapore despite tax hikes
SINGAPORE: Wealthy Chinese nationals have been the top foreign buyers of expensive private properties in Singapore this year as the country reaps the benefits of post-pandemic reopening and a ... ( read original story ...)
Fixed deposit rates rise further in Singapore with latest round of bank promotions
The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)
Asia Innovations SPAC Listing: Based In Singapore, But Made In China
Asia Innovations Group Ltd. announced it would make a backdoor listing in New York using a SPAC called Magnum Opus Acquisition Ltd. Click here to read more. ( read original story ...)
Homeowners in shock after DBS, OCBC & UOB hike home loan fixed interest rate
Some homeowners who opted for a bank loan to finance their mortgage have been left in shock after the three major local banks announced yesterday (Oct 4) that the fixed interest rate for housing loans ... ( read original story ...)
Singapore stocks index is developed markets’ sole winner
SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state Singapore’s Straits Times Index has eked out gains of about 1% in 2022, ... ( read original story ...)
Multibagger IPO: Singapore-based FPI raises stake in this small-cap company
Within a fortnight, this is for the second time when Singapore-based FPI has bought stake in this small-cap BSE listed company. On 21st September 2022, Nav Capital VCC- Nav Capital Emerging Star Fund ... ( read original story ...)
Credit Suisse sees another departure as Hong Kong-based managing director leaves for HSBC
Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)
Dong to weaken in next 12 months: UOB forecast
Singapore’s United Overseas Bank expects the dong to slip to VND24,300 to the dollar by the third quarter of next year. ( read original story ...)
Singapore stock index only winner among developed markets this year
"Until the Fed slows or pivots, developed markets probably won't catch up" with Singapore, said Daniel Dubrovsky, strategist at DailyFX. The market is focused on the ... Shares of DBS Group Holdings, ... ( read original story ...)
Money Mind – S2E21: 5 things you need to know about why Singapore is a millionaire magnet | EP 21
A migration of millionaires is taking place – and for many, the destination of choice is Singapore. What do they bring to the local economy, and could a wealth tax slow down the momentum? Sona Remesh ... ( read original story ...)
More than S$8 billion invested in Singapore’s start-up scene in first half of 2022 | Video
Start-up investment in Singapore has grown exponentially each year since 2017, even through the COVID-19 pandemic. The billions invested – including more than S$8 billion in the first half of 2022 – ... ( read original story ...)