Roaring with national pride. Soaring with global dreams,” blared the HSBC Holdings Plc ad outside an upscale Mumbai suburb in December. The 122-foot billboard displayed a tiger stalking over the ...
Tokenized Bank Deposit Could Be an Alternative to Stablecoins: JPMorgan Report
In November last year, JPMorgan, along with two other global banks including DBS Bank and SBI Digital Asset Holdings, conducted foreign exchange and government bond transactions against liquidity ...
Cleary, Linklaters and Shin & Kim Act on Korea Development Bank’s $2B Singapore Bond Offering
Cleary Gottlieb Steen & Hamilton and Linklaters, together with big six Korean law firm Shin & Kim, are advising Korea Development Bank’s (KDB) listing of $2 billion worth of U.S. dollar notes on the ...
Adani Wilmar, 2 others to be dropped from S&P BSE IPO index
The reconstitution would be effective February 20, 2023, S&P Dow Jones and BSE stated in a joint release. Asia Index is a 50-50 partnership between S&P Dow Jones Indices LLC and India's BSE.
Singapore will host the Aquatic World Championships in 2025
the Singapore Indoor Stadium and the OCBC Aquatic Center, which has two 50-meter swimming pools and facilities for springboard jumping. “World Aquatics couldn’t be happier to know that the ...
By the numbers: A look into Singapore’s Fintech Industry
Singapore falls behind India in terms of Fintech development. Singapore has been named the second-best market in Southeast Asia (SEA) for Fintech development by Robocash Group. The Lion City recorded ...
First Abu Dhabi Bank says not currently evaluating offer for Standard Chartered
First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Friday it was not currently evaluating an offer for Britain's Standard Chartered. News of the potential offer first came ...
Stock Market LIVE Updates: SGX Nifty down 95 points, signals negative start
Nifty futures on the Singapore Exchange traded 95.5 points or 0.53% lower at 17,835 around 7.15 am, indicating a negative start for Dalal Street. US stock indexes ended lower on Thursday, erasing ...
Singapore Budget 2023: What you need to know
Budget statement will be delivered by Deputy Prime Minister and Finance Minister Lawrence Wong on Tuesday, 14 February. Here are some things to note: It will be delivered at 3.30pm on Tuesday, 14 ...
Prime Minister receives CEOs of Standard Chartered in Singapore
Prime Minister Pham Minh Chinh received leaders of Standard Chartered in Singapore on February 9 as part of his official visit to the city state.
Raising taxes a ‘necessary evil’ to cover future higher spending, Singapore Govt will face delicate trade-offs, say experts
The Government faces some delicate trade-offs if it decides to raise revenue through higher taxes, on top of the Goods and Services Tax (GST) hike, to keep ...
Solar firm Nextracker’s shares soar in U.S. debut as IPO market ‘thaws’
Shares of solar-tracking business Nextracker Inc soared 26% in their U.S. market debut on Thursday, suggesting that the IPO market was showing signs of emerging from a prolonged freeze.
Green Link Digital Bank eyes Chinese market after strong start in S’pore
SINGAPORE – Green Link Digital Bank (GLDB), one of Singapore’s two wholesale digital banks, is setting its sights on China’s vast micro, small and medium-sized enterprise market even as it gains a ...
Commentary: Addressing Singapore’s long-term challenges – where will the money come from?
The upcoming Budget 2023 on Feb 14 - Singapore's first post-pandemic Budget - will bring longer-term challenges into sharper focus. Recent moves like the GST hike will help close the funding gap, but ...
Singapore banks could see upcoming moderation in growth momentum in 2023: IG Asia
Singapore’s three banks, DBS Group Holdings, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) may see yet another quarter of expansion in their net interest margins (NIMs) in ...
Singapore scam victims lost S$660.7 million in 2022
Scam victims in Singapore lost S$660.7 million in 2022, up 4.5 per cent from S$632 million a year before, according to Singapore Police Force (SPF) data released on Wednesday (8 February). Scams and ...