London/Hong Kong-listed HSBC said that the proposed acquisition, subject to regulatory approval, will be “another milestone” in its drive to be a “leading wealth manager in Asia.” The LTIM business, ... ( read original story ...)
HSBC Gets Nod to Buy Remaining Stake in China Life Insurance JV
HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% equity interest in HSBC Life China. ( read original story ...)
Samtrade FX Faces Probe in Singapore, 3 Men Arrested
Online trading platform Samtrade FX is facing an investigation in Singapore under the suspension of irregular trading activities. ( read original story ...)
Singapore growth rebounds to fastest in more than a decade – an insight by Bloomberg
Singapore’s recovery accelerated in the final three months of 2021, with easing virus restrictions and strong manufacturing helping push the economy to its fastest full-year growth in more than a ... ( read original story ...)
Singapore: Inflation picked up pace in November – UOB
Barnabas Gan, Economist at UOB Group, assesses the latest inflation figures in Singapore. Key Takeaways “Singapore’s consumer prices rose at its fastest rate since February 20 ... ( read original story ...)
LIC, Adani Wilmar, NSE and OYO among 75 IPOs to watch out for in 2022
Adani Wilmar, the joint venture between Adani Group and Singapore's Wilmar Group, is likely to raise Rs 4,500 crore via IPO route for capital expenditure for expansion of existing manufacturing ... ( read original story ...)
UPDATE 3-Singapore’s 2021 GDP grows at fastest pace in over a decade
The financial and transport hub, often seen as a bellwether of global growth, has staged a rocky recovery as governments around the world shift their coronavirus strategies to living with the pandemic ... ( read original story ...)
UOB: Investment approvals rise 51.5% y-o-y to RM177.8bil in Jan-Sept 2021
Malaysia’s total investment approvals rose 51.5 per cent year-on-year to RM177.8 billion in the period of January-September 2021 versus RM117.4 billion in January-September 2020, UOB Malaysia senior ... ( read original story ...)
UOB: Investment approvals rise 51.5 pct yoy to RM177.8 bln in Jan-Sept 2021
Malaysia’s total investment approvals rose 51.5 per cent year-on-year to RM177.8 billion in the period of January-September 2021 versus RM117.4 billion in January-September 2020, UOB Malaysia senior ... ( read original story ...)
Singapore growth rebounds to fastest in more than decade
Singapore’s recovery accelerated in the final three months of 2021, with easing virus restrictions and strong manufacturing helping push the economy to its fastest full-year growth in more than a ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to start first session of 2022 on a flat note
Indian equity benchmarks Sensex and Nifty50 are likely to start the first trading session of 2022 on a flat note. At 7:38 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the ... ( read original story ...)
Stock Market Today: SGX Nifty rises 20 points; most Asian markets closed for holidays; oil prices rise in early trade
Nifty futures on the Singapore Exchange traded 20 points, or 0.11 per cent, higher at 17,459.50, signaling that Dalal Street was headed for a positive start on Monday. Nifty50 on Friday crossed the 17 ... ( read original story ...)
Singapore’s economy on course for fastest growth in more than a decade
The city state’s GDP grew 2.6 per cent on a seasonally adjusted basis from the previous three months, the trade ministry said. ( read original story ...)
Stocks To Watch: GMR Infra, Future Retail, RBL Bank, Aurobindo Pharma, Adani Enterprises
Merger of GMR Power Infra into GMR Infra and the demerger of non-airport business of GMR Infra into GMR Power and Urban Infra has become effective from Dec. 31 after NCLT clearance. RBL Bank: Confirms ... ( read original story ...)
Singapore’s GDP grew 7.2% in 2021, rebounding from recession in 2020
Singapore's economy grew 5.9 per cent in the fourth quarter of 2021, bringing full-year growth to 7.2 per cent, according to advance estimates from the Ministry of Trade and Industry (MTI) on Monday ... ( read original story ...)
Metrobank projected to post 35% profit growth this year
Local banking giant Metropolitan Bank & Trust Co. is likely to grow its net profit by about 35 percent this new year to P28.07 billion, driven by the decline in bad loan buffers, according to ... ( read original story ...)