HSBC’s , resilient bottom line may face some stiffer challenges. Europe’s largest bank on Monday reported that third-quarter earnings had doubled from the same period a year earlier and said it was buying back a further $3 billion of stock,
Singapore MAS Announces Collaboration With Japan, UK On Crypto Policies, Accounting Decisions
The island country shared details about Project Guardian, which saw the MAS partner with numerous financial institutions to launch pilots on "asset tokenization in fixed income, foreign exchange, and ...
Singapore plans joint crypto pilots with Japan, Switzerland and UK
The Monetary Authority of Singapore, the country’s central bank and financial regulator, is planning to start crypto-related cooperation with Japan, Switzerland and the United Kingdom.
Malaysia, Singapore in agreement to improve business development fund financing
PETALING JAYA: Malaysia and Singapore had signed a “side letter” to improve the provisions of the Malaysia-Singapore Business Development Fund (MSBDF) agreement for third countries.
Singapore, Malaysia to develop border economic zone, in sign of ‘collaborative’ boost to ties
The Johor-Singapore special economic zone is aimed at attracting investment to the area and enhancing the flow of goods and people across borders Analysts say the retreat shows 'encouraging' signs of diplomatic discussion over territorial differences and 'commitment' to earlier cooperation initiatives Plans to accelerate a cross-border economic
Reits lead Singapore stocks higher on Monday, STI up 0.1%
The Straits Times Index (STI) rose 0.1 per cent or 2.44 points to close at 3,064.29, with real estate investment trusts (Reits) leading the gainers.
Skyroot Aerospace raises $27.5 million in pre-Series C round led by Singapore’s Temasek
Spacetech startup Skyroot Aerospace, which successfully fired India’s and South Asia’s first privately built rocket in November 2022, has raised US $27.5 million (approx. Rs 225 crore) in a pre-Series ...
Sheffield Green closes at S$0.19 on Catalist debut, 24% below IPO price
SHEFFIELD Green, which provides human resources for the renewable energy sector, closed at S$0.191 on its trading debut on the Singapore Exchange’s (SGX) Catalist board on Monday (Oct 30) – 23.6 per ...
Singapore plans to redevelop Woodlands CIQ to make full use of Causeway’s capacity, PM Lee says
JOHOR BARU, Oct 30 — The Singapore government will commit to enhancing and making full use of the Causeway’s capacity connecting it with Johor, which will see a redevelopment of the current Woodlands’ customs, immigration and quarantine (CIQ ...
HSBC plans US$3 billion share buyback, CEO touts capital strength
I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...
HSBC Q3 profit misses estimates, to buy back US$3 billion of shares
HSBC Holdings reported on Monday a 240 per cent increase in third-quarter pre-tax profit as higher interest rates boosted the bank’s profitability and helped it fund a fresh US$3 billion share buyback ...
HSBC gives $3bn boost to investors as profits double
HSBC saw profits in the third quarter more than double to $7.7 billion thanks to higher interest rates, figures likely to lead to fresh calls for banks to boost savings rates. The London-listen lender ...
Singapore, Malaysia to deepen business links following PM Lee and Anwar’s annual retreat
SINGAPORE and Malaysia have agreed to deepen business collaborations at an annual retreat between leaders of the two countries, who highlighted the need to strengthen ties amid global uncertainty. Read more at The Business Times.
Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business
Second Chance’s securities business witnessed significant increase in revenue, up 35.3% to $18.29 in FY2023. This was primarily attributed to a higher level of dividends received from quoted securities as the company expanded its investments in these securities.
Johor-Singapore Special Economic Zone MOU to be signed in January
SINGAPORE and Malaysia aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) next January, leaders of both countries said at an annual retreat on Monday.
Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million
Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million: Our Bureau, Bengaluru Monday, October 30, 2023, 16:10 Hrs [IST] Strides Pharma Sc