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Category: FINANCE

Posted on 03/10/2025

4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends

Income investors take note: these four blue-chip stocks are paying out more than just their core dividends. The post 4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends ...

Posted on 03/10/2025

Hopes of US Fed rate cut spur STI and DBS to new records

Benchmark index closes up 1.7% at 4,395.21 points; lender rises 2.4% to $52.84. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/10/2025

Singapore stock rally continues; STI up 0.7%

Across the broader market, gainers beat decliners 329 to 249, after 2.1 billion securities worth S$1.8 billion change hands Read more at The Business Times.

Posted on 03/10/2025

Singapore and Hong Kong increase FX trades – BIS survey

The survey, published on September 30, showed that Singapore had strengthened its position as the world’s third-largest FX centre. Hong Kong also increased its share of the FX market and remained the ...

Posted on 02/10/2025

HSBC raises income requirement for new credit card applications in S’pore to $65,000

The move is from Oct 1; other banks are sticking to their income criterion of $30,000. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/10/2025

Underpinned by rate-cut optimism, STI and DBS break records

Benchmark index closes up 1.7% at 4,395.21 points; lender rises 2.4% to S$52.84. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/10/2025

Singapore Holds Third Spot in Global FX Rankings as Daily Volumes Reach US$1.5 Trillion

Singapore remains the world’s third largest FX centre with daily trading volumes reaching US$1.5 trillion in April 2025, BIS survey finds.

Posted on 02/10/2025

Banking Circle Taps Ex-Ripple Exec as Chief Digital Assets Officer

Banking Circle announced in a LinkedIn post that it has appointed Kirit Bhatia as its new Chief Digital Assets Officer.

Posted on 02/10/2025

Singapore Court Dismisses Liquidators’ Case Against Banks in 1MDB Scandal

Singapore's High Court has rejected a case by liquidators against Standard Chartered Bank and BSI Bank, linked to the 1MDB scandal. The alleged transactions occurred before relevant laws were in place ...

Posted on 02/10/2025

DBS, UOB and OCBC Push Singapore Dividend Payouts Beyond US$8 Billion This Year

Dividend growth in Singapore was led by DBS, UOB and OCBC, with the three banks pushing total payouts above US$8 billion in 2025.

Posted on 02/10/2025

Singapore court blocks foreign liquidator bid to sue Standard Chartered, BSI Bank over 1MDB links

Singapore's High Court has dismissed a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank in Singapore over transactions alleged to be linked to the scandal-hit Malaysian sovereign ...

Posted on 02/10/2025

Trump-Linked World Liberty Financial to Launch Debit Card as Early as This Year

Zach Witkoff, Co-Founder and CEO of World Liberty Financial delivers remarks, as Eric Trump applauds, before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and ...

Posted on 02/10/2025

Foreign student whose bank account was used in fake SAF bulk order scams gets jail, in first such sentencing

SINGAPORE: A foreign student in need of money sold her bank account details. It was later used to funnel almost S$18,000 (US$13,980) in scam proceeds, with most of the money coming from a fake ...

Posted on 02/10/2025

Singapore Mint launches its first investment-grade gold bullion

The Lion Bullion is the first investment-grade gold bullion by the Singapore Mint, and can be purchased only through the institution. With regard to products stored in the mint’s vault, transactions ...

Posted on 01/10/2025

More companies to IPO in Singapore as confidence, liquidity grows, market insiders say

Four preliminary prospectuses were lodged with the SGX since Monday, following two listings in September. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/10/2025

Singapore court rejects US$2.7 billion 1MDB-linked suit against Standard Chartered, BSI

The judge dismissed the liquidators’ suit as the alleged transactions happened before Singapore’s cross-border insolvency law took effect.

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