HSBC Asset Management has led a seed funding round of $4 million in Singapore’s customer intelligence and risk assessment startup Bizbaz. ( read original story ...)
Singapore Shares May Take Further Damage On Friday
Volume was 1.4 billion shares worth 1.9 billion Singapore dollars. There were 292 decliners and 235 gainers. Among the actives, CapitaLand Integrated Commercial Trust tumbled 1.05 percent, while ... ( read original story ...)
HSBC kicks off informal investor talks for Indonesian business IPO – sources
HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. Executives at HSBC ... ( read original story ...)
CGS-CIMB ‘overweight’ on banking industry with DBS as preferred sector pick
CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee have kept an “overweight” rating on the banking sector, with DBS Group Holdings (DBS) as their most preferred pick, followed by United ... ( read original story ...)
Singapore tightens housing loan limits as rates rise
Singapore has unveiled a package of measures for the property market, including tightening lending limits for housing loans in response to a rise in interest rates, as well as new steps to moderate ... ( read original story ...)
New POSB home loan package offers rate similar to that of HDB loan
DBS Bank launched two new home loan packages, one targeted at Housing Board flat owners. Read more at straitstimes.com. ( read original story ...)
Shares of Singapore property developers fall after new cooling measures
Developers may push back some launches, says a property analyst after authorities announced stricter borrowing criteria for home loans. ( read original story ...)
Temasek to step up investments once market valuations drop further, executive says
Singapore's Temasek Holdings said that market valuations had not yet priced in a global economic recession and that said the state investor was waiting for further declines before stepping up ... ( read original story ...)
HSBC, Nova Credit to Offer Borderless International Credit Checking
Nova Credit, which claims to be one of the world’s leading consumer-permissioned credit bureaus, announced that it has partnered with HSBC. ( read original story ...)
UOB launches new solutions to help carbon-intensive companies looking to decarbonise
UOB has launched a new set of solutions under its new Transition Finance Framework. The solutions seek to help the bank’s customers in carbon-intensive, fossil fuel-based and hard-to-abate sectors ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to make a gap-down start ahead of RBI policy announcements
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down opening on Friday ahead of the outcome of a three-day meeting of the RBI's rate-setting panel. Singapore Exchange (SGX ... ( read original story ...)
DBS leads in Singapore investment banking fees, SGX IPO proceeds down 94.5% y-o-y: Refinitiv
IPOs by Singaporean companies saw seven listings worth US$62.5 million so far this year, down 94.5% in proceeds y-o-y. ( read original story ...)
Jail for man who let scammers funnel S$1.5 million through his bank accounts
SINGAPORE: A man agreed to illegally open bank accounts for use by another person in exchange for money, and more than $1.5 million was eventually moved through these accounts. The offender also ... ( read original story ...)
Standard Chartered Singapore launches first-of-its-kind affluent deposit account
With the Bank’s new Wealth $aver account, affluent clients can get up to 3.5% p.a. interest on their deposit balance based on their total Asset Under Management with the Bank Standard Chartered Bank ... ( read original story ...)
DBS offers similar rate as HDB home loan for housing board flats
SINGAPORE - DBS launched two new home loan packages on Thursday, one targeted at HDB owners. Read more at straitstimes.com. ( read original story ...)
DBS Bank revises its savings account interest rates; details here
DBS Bank has revised its savings account interest rates. The Singapore-based lender will give 3.25 to 5 percent interest rate on amounts ranging from Rs 1 lakh to above Rs 5 crore. The new rates came ... ( read original story ...)