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Category: FINANCE

Posted on 31/08/2022

UOB joins OCBC and DBS in raising rates on its savings account

UOB and OCBC customers will get higher interest rates on their savings accounts as local banks fight for market share. Read more at straitstimes.com. ( read original story ...)

Posted on 31/08/2022

ONE Championship lays groundwork for a US IPO – ‘the next step is going global,’ says CEO Chatri Sityodtong

Hosting live events in Qatar, Europe and North America ‘are all in the plans for the next 12 months’ says CEO Chatri Sityodtong, with plans to establish studios and regional headquarters in Doha. ( read original story ...)

Posted on 31/08/2022

Singapore MAS calls wholesale FX market participants and counterparties to adhere to FX Code

"MAS strongly encourages all wholesale FX market participants in Singapore as well as all its counterparties to adhere to the latest version of the Code, in order to promote the integrity and ... ( read original story ...)

Posted on 31/08/2022

Jail for offender who helped man obtain bank loan by submitting forged payslips

Ng Jia Hao was sentenced to nine months' jail after he admitted to engaging in a conspiracy with at least three other men to cheat the bank. Read more at straitstimes.com. ( read original story ...)

Posted on 31/08/2022

OCBC raises 360 account interest rates for the first time since 2021

The "Spend" category was removed from the 360 account in July 2020, according to The Straits Times. This marks the first time OCBC has raised interest ... ( read original story ...)

Posted on 31/08/2022

UOB joins local banks in raising interest rates for savings accounts

UOB’s move comes on the heels of a similar announcement by OCBC this week amid a rising interest rate environment. ( read original story ...)

Posted on 31/08/2022

Crazy rich relocations: Singapore becomes a haven for Chinese elite

Beijing’s talk of ‘going after the entrepreneurs’, its draconian Covid lockdowns and a growing hostility to China from the west all make the city-state an attractive place to reside ... ( read original story ...)

Posted on 31/08/2022

‘Gen Z bank’ GXS launches with Grab, Singtel backing

Styled as a “digital native”, the digital bank’s main product is the GXS Savings Account, targeted at gig economy workers, self-employed entrepreneurs, small businesses and those new to the workforce. ( read original story ...)

Posted on 31/08/2022

Should CPF savings interest rate be raised as banks’ savings and mortgage rates rise?

When Singapore's banks promote higher deposit interest rates for customers, some folks wonder if CPF Savings interest rate would also rise. ( read original story ...)

Posted on 31/08/2022

Best Fixed Deposit Rates in Singapore (Sept 2022) — DBS, UOB, OCBC & More

Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)

Posted on 31/08/2022

Singapore’s Temasek To Invest $100 Million In Animoca Brands

Singapore-based state investor Temasek will lead the financing round through convertible bonds, according to a report. ( read original story ...)

Posted on 31/08/2022

How to earn passive income in Singapore: HDB rental, dividends and more

The banking interest rate in Singapore is notoriously low, especially if you stick with the default POSB/UOB savings account that yields a negligible amount of interest each year. Read Also 3 ... ( read original story ...)

Posted on 31/08/2022

Singapore Stock Market May Hand Back Tuesday’s Gains

The Singapore stock market rebounded on Tuesday, one session after snapping the two-day winning streak in which it had picked up more ... ( read original story ...)

Posted on 31/08/2022

4 Singapore Blue-Chip Stocks I Will Buy Without Hesitation

These blue-chip stocks have the right attributes for long-term compounding. The post 4 Singapore Blue-Chip Stocks I Will Buy Without Hesitation appeared first on The Smart Investor. ( read original story ...)

Posted on 31/08/2022

Stock Market Highlights: Sensex soars 1,564 pts and Nifty50 surpasses 17,750 — rupee jumps to 79.45 vs dollar

Good morning, readers! Welcome to CNBC-TV18's market blog, where we provide rolling live news coverage of the latest events in the stock market, business and the economy. We also get you instant ... ( read original story ...)

Posted on 31/08/2022

Share Market Live: Sensex falls 750 pts, Nifty below 17,350; RIL stock flat as AGM begins

Sensex falls 744 points to 58,089 and Nifty slips 211 points to 17,347 in the afternoon session. Shares of Reliance Industries were trading 0.08 per cent higher at Rs 2,620 ahead of the firm's 45th ... ( read original story ...)

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