Margins will peak mid-year, but loan demand is falling. Singapore banks’ profits are expected to peak mid-year as they continue to benefit from fatter margins— but headwinds are catching up, and the ... ( read original story ...)
Bank slide deepens as SVB contagion fear rattles markets
Asia's share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead ...
Private LTE for Emergency Services Market 2023 [Latest Report] Is Thriving Worldwide by 2029
Private LTE for Emergency Services Market 2023 with 108 Pages Report and enhance with extents shares into sub-counties ...
ESG adoption up across Asean with DBS, Sembcorp and SGX top picks in Singapore: Maybank
Meanwhile, Singapore’s banks have diversified deposits ... analysts believe investors in Asean markets are still not fully factoring ESG risks into their investment strategy. In addition, investors ...
Stock Market Live: Sensex and Nifty 50 poised for a positive start tracing global cues
Indian equity benchmarks NSE Nifty 50 and BSE Sensex are likely to open higher on Tuesday. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 64 points or 0.4 percent ...
Singapore’s Cautionary Roar: Navigating Crypto’s Popularity with Prudence
Despite the growing popularity of crypto, Singapore continues to adopt a cautious and prudent approach towards it.
Singapore assures banking system okay amidst US bank failures
MAS said that its local banks have “insignificant exposures” to the failed banks. Singapore assured that its banking system “remains sound and resilient” after the recent closure of two US banks ...
Silicon Valley Bank’s collapse hastens unravelling of long-standing ties between US venture capital and China’s technology start-ups
Silicon Valley Bank's failure appears to have shattered its Chinese clients' belief that their money is bulletproof within the US financial system The likely impact of the US lender's collapse is that ...
Check property prices, market trends with new analytics tool and 3D interactive map
For a $150 administrative fee, sellers can also list their property on the portal and be assigned an agent to handle buyer inquiries. Read more at straitstimes.com. ( read original story ...)
Singapore banking system has ‘insignificant exposures’ to failed SVB, Signature Bank: MAS
SINGAPORE: The Singapore banking system has “insignificant exposures” to the failed Silicon Valley Bank (SVB) and Signature Bank, which collapsed in recent days, the Monetary Authority of Singapore ...
Singapore’s banking system has ‘insignificant exposures’ to SVB and Signature Bank
SVB was closed by Californian regulators on March 10 while Signature Bank was closed by New York regulators on March 12. In its statement, MAS adds that the banking system in Singapore remains “sound ...
Crypto firms Circle, Coinbase, Crypto.com rush to assure customers after US bank failures
Two US banks - Silicon Valley Bank and Signature Bank - were designated as a systemic risk to the financial system. Read more at straitstimes.com.
US rotationally deploys RQ-4 drone from Singapore, sources reveal
Sources in Singapore say the unmanned aircraft arrived in January and was still operating from the island nation in early March.
Viterra secures sustainability-linked trade finance facility from DBS
Singapore’s DBS has provided a US$50mn trade finance facility to Glencore subsidiary Viterra, linked to sustainable sourcing of palm oil products. Under the working capital loan, Viterra will receive ...
U.S. Crypto Firms Seek Swiss Banking Partners Amid Banking Meltdown
Crypto-focused U.S. bank Silvergate Capital Corp said it planned to close last week after it was hit with losses following the dramatic collapse of crypto exchange FTX in November last year. Its ...
US Air Force RQ-4 drone conducts rotational deployment from Singapore
Sources in Singapore say the unmanned aircraft arrived in January and was still operating from the island nation in early March.