SINGAPORE: Singapore’s central bank chief said that global interest rates are unlikely to return to near zero, joining a chorus of policymakers signalling that inflation is likely to remain high while ... ( read original story ...)
Singapore’s Menon says era of cheap money, energy is over
The era of cheap money, cheap labour and cheap energy is over,” said Ravi Menon, managing director of MAS said. ( read original story ...)
Inflation in Singapore hits 13-year high, expected to continue rising
SINGAPORE - Consumer prices in Singapore continued to climb in July and core inflation hit a 13-year high, with economists saying respite is still months away.Core inflation, which excludes costs of ... ( read original story ...)
CEO Wee in the market for UOB shares with $2 million spent over three trading days
UOB shares closed Aug 23 at $27.51, up 0.66% for the day and up 2.15% year to date. See Also: Click here to stay updated with the Latest Business & Investment News in Singapore ... ( read original story ...)
Which new bank wins the race of digital banking licences?
An analyst says GXS Bank stood out amongst fresh entrants. GXS Bank prevailed amongst the winners of Singapore’s digital banking licences who rolled out their new digital bank in the middle of the ... ( read original story ...)
3 Dividend-Paying Singapore Stocks I Would Buy With S$20,000
AEM provides comprehensive test solutions for the semiconductor and electronics sector and has manufacturing plants in countries such as Singapore, Malaysia, Indonesia, and the US. The group recently ... ( read original story ...)
Singapore Sees More US-Listed Chinese Firms Coming to Its Shores
Singapore Exchange Ltd. sees more listings in coming months by Chinese issuers that already trade American depository receipts, even as it grapples with delayed deals amid a global valuation ... ( read original story ...)
This global bank is ‘obsessed with creating exceptional client experiences’
Mr Brendan Carney, chief executive officer of Citibank Singapore, outlines the philosophy that drives his bank’s business: "At Citibank Singapore, we are obsessed with creating exceptional client ... ( read original story ...)
Bitcoin has been mounting in DBS Digital Exchange in volatile June
Bitcoin custodied by Singapore-based DBS Digital Exchange (DDEx) grew by 30% from April 30 to June 30 this year while Ethereum under custody grew by 3% during the same period. See related article: DBS ... ( read original story ...)
DBS says Bitcoin buy orders quadrupled despite crypto sell-off
DBS Digital Exchange, the members-only brokerage arm of Singapore-based BDS bank, reported huge increases in the amounts of crypto trades for its clients in June, up from figures seen in April. The ... ( read original story ...)
DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June
A major crypto selloff in June 2022 has sparked more interest in Bitcoin and Ether from institutional investors, according to data from DBS Bank’s crypto exchange. ( read original story ...)
Singapore becomes a lightning rod for Google investment
The tech giant has doubled-down on regional investment to coincide with the opening of its third data centre facility ... ( read original story ...)
DBS bank-owned exchange reports surge in crypto trading volume despite market volatility
Despite volatility in the crypto markets over the past few months, DDEx observed an increase in the number of trades conducted in June. ( read original story ...)
Asia-Pacific markets trade lower: Singapore inflation at 14-year high; Japan travel stocks rise
Asia-Pacific markets traded lower on Tuesday after major indexes on Wall Street finished their worst day since June amid mounting rate hike concerns. Hong Kong's Hang Seng index was down 0.78% in the ... ( read original story ...)
Google opens third data centre as it celebrates 15 years in Singapore
Google now has 3,000 employees in Singapore since opening its first office in 2007 with 24 people. What else is it doing to celebrate? ( read original story ...)
Financing platform Funding Societies clinches US$50m loan with HSBC SG
Funding Societies, a digital financial platform for small and medium enterprises (SMEs), has signed a US$50m credit facility with HSBC Singapore. The platform plans to use the money to expand its ... ( read original story ...)