SINGAPORE - HSBC will open three wealth centres in Singapore by the first quarter of 2025, the bank said on June 4. The three centres will be in the Central Business District (CBD) as well as the east ...
Beyond Shell’s refinery sale, Singapore’s oil industry faces more existential questions
ON MAY 8, global oil giant Shell announced that it was selling its Singapore assets on Pulau Bukom and Jurong Island. Following the announcement, market watchers were quick to say that the deal does not compromise Singapore’s status as an oil hub.
Technology sector drives women directors to rise in SGX’s top 100 firms
SINGAPORE: In 2023, the surge in women directors in Singapore’s top 100 listed companies was... The post Technology sector drives women directors to rise in SGX’s top 100 firms appeared first on The I ...
How Shein’s US IPO Plans Got Derailed by China Rift
US investors appear to be on the verge of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots prepares a confidential filing for a listing in London instead.
When is Singapore’s next general election? Political buzz sparks polls gear-up
The election boundaries committee had yet to be convened as of May 31, but analysts haven’t ruled out a September election based on past timelines.
Singapore’s Temasek trims stake in ICBC as China’s slumping property market dents state lenders’ profits
Temasek Holdings, Singapore’s sovereign wealth fund, cut its stake in the Industrial and Commercial Bank of China (ICBC) twice in one day last week, reducing its share of the lender to less than 5 per ... ( read original story ...)
Purchase body approves import of LNG cargo, 6000 MT of lentil
The government will import a cargo of liquefied natural gas (LNG) from Singapore.The Cabinet Committee on Government Purchase (CCGP) in a meeting on Tuesday approved a proposal of state-owned ...
Singapore Exchange Market falls 0.3%
At closing bell, the Straits Times Index (STI) index was down 9.93 points, or 0.3% to 3,338.94 after trading between 3,332.88 and 3,349.17. Across the broader market, decliners outpaced advancers 281 ...
Singapore stocks edge lower amid mixed showing in region
ST Engineering came in at the bottom of the index, dropping 2.4% or $0.10 to $4.04 Read more at straitstimes.com.
Completion of Google’s fourth data centre in Singapore brings total investment to S$6.7B
SINGAPORE: The completion of Google’s fourth data centre in Singapore brings its total investment in the country to US$5 billion (S$6.7 billion). This marks a substantial increase from the US$850 ...
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports
The Singapore-headquartered company, which has signed Goldman Sachs, JP Morgan and Morgan Stanley as financial advisers, aims to raise over 1 billion pounds (US$1.28 billion) from the IPO, which would value the company at around 50 billion pounds ...
HSBC opening 3 wealth centres in Singapore as part of pivot to wealth banking
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. The bank is increasing its investments ...
Standard Chartered accused of helping Iran-linked terrorist funders
Standard Chartered is alleged to have facilitated billions of dollars worth of transactions for Iran-linked entities, including funders of terrorist groups, according to fresh US court filings.
Best Credit Card Promotions in Singapore (Jun – Jul 2024): Citibank, DBS, HSBC, UOB, and More
This June, we're giving away Category 1 Tickets for ASMeiR Max 2024 World Tour - Singapore (worth $656 per pair), a Samsung Galaxy S24 Ultra 512GB (worth $2,458), an exquisite dining experience for 2 ...
HSBC to open 3 wealth centres in Singapore by Q1 2025; pivot branches to wealth
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. Read more at The Business Times.
As Shein’s IPO approaches, what will it mean for the ultra-cheap online retailer and for London?
Although Shein has not officially announced a date, its eventual IPO would be London’s most high-profile in years. What do we know about the IPO? It is coming very soon and it’s probably going to happen in London.