FIVE new Singapore Depository Receipts (SDRs) which are linked to blue-chip companies in Thailand were listed on the Singapore Exchange (SGX) ...
UOB slashes interest rates for the One Account, introduces two new tiers
UOB will reduce interest rates for its flagship UOB One account effective 1 May 2024, the bank announced to its customers on Monday (1 April). The bank said that the revision of interest rates is done ...
UOB to cut maximum interest rate for flagship savings account from May 1
SINGAPORE: UOB will be lowering the interest rates for its flagship savings account from May 1, making it the first local bank to do so as market expectations build up for the possibility of rate cuts ...
Singapore stocks end higher after positive China PMI data
Across the broader market, advancers outnumbered decliners 258 to 149, with 1.9 billion securities worth $809.6 million changing hands. Read more at straitstimes.com.
Jail for Singapore man who beat up woman in armed robbery attempt at HDB Hub, dumped two vehicles to evade police manhunt
Spotting a woman alone in the car park of the Housing and Development Board (HDB) Hub in Toa Payoh, a 57-year-old man took a knife and tried to rob her ...
Singapore’s deposit insurance limit raised to $100,000 from today; new public education campaign launched
Singapore’s deposit insurance limit has been raised to $100,000 from the previous cap of $75,000, following the Monetary Authority of Singapore’s (MAS) announcement in September 2023.
ST Explains: What does hike in insurance coverage on bank deposits to $100,000 mean for you?
The higher cap on deposit insurance will cover 91 per cent of insured depositors, in line with international norms. Read more at straitstimes.com.
IFC and DBS launch US$500 mil facility to promote trade flows in emerging markets
Under the facility, IFC and DBS will share the risk equally on a portfolio of trade-related assets of up to US$500 million.
Singapore Launches Data-Sharing Platform to Combat Financial Crimes
By Amanda Lee Singapore's central bank has rolled out a new information-sharing platform with commercial banks as part of efforts to combat money ...
ADNOC cuts Upper Zakum oil exports sharply after diverting supply to refinery
Exports of Upper Zakum crude from the United Arab Emirates fell sharply in March after ADNOC diverted more supply to its own refinery and boosted shipments of its lighter Murban oil, according to ...
Singapore competition watchdog looked into potential Grab, Delivery Hero deal
Singapore's competition watchdog had looked into the likelihood of the now-collapsed talks between Grab Holdings and Delivery Hero raising worries about competition in the food delivery market, the ...
Travelling to Singapore, here are five apps that should download
When travelling to Singapore, it's essential to equip yourself with the right apps to enhance your experience and navigate the city smoothly.
Singapore Home Prices Rise Again Despite Sales Slowdown
(Bloomberg) -- Singapore home prices rose for a third consecutive quarter, withstanding months of tepid sales and warnings from authorities about high interest rates. Most Read from Bloomberg Erdogan ...
MOVES-Bank of Singapore names Dubai compliance head, builds Middle East business over 3-5 years
Bank of Singapore, one of Asia's biggest private banks, said on Monday it has appointed Jibu George as its compliance head for its Dubai International Financial Centre (DIFC) branch in Dubai effective ...
MAS launches information-sharing platform to combat financial crime; six commercial banks participate
The platform is co-developed by the MAS and six commercial banks in Singapore; DBS, OCBC, UOB, Citibank, HSBC and Standard Chartered Bank, all of whom will be the participating FIs during its initial ...
UOB drops interest rates for One Account holders, introduces 2 new balance tiers
United Overseas Bank (UOB) announced that with effect from May 1, it will be revising the interest rate down and introducing two new balance tiers for all UOB One Account holders, such that the ...