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Posted on 25/07/2023

Senior Banking Leaders Set to Gather at MoneyLIVE Asia This September

MoneyLIVE Asia will be held at the Marina Bay Sands, Singapore this 12-13 September 2023 to unite some of the most innovative banking and payments leaders from across Asia. At the event, industry ...

Posted on 25/07/2023

OCBC appoints Mike Ng as its first chief sustainability officer

Ng was appointed OCBC's head of sustainability office in the bank’s global wholesale banking unit in June 2022.

Posted on 25/07/2023

Singapore banks’ loan growth, fee income ‘largely weak’; DBS urges ‘hold’ before 2QFY2023 results

UOB is set to announce its results for 1HFY2023 on July 27, while DBS and OCBC will follow on Aug 3 and Aug 4 respectively.

Posted on 25/07/2023

Personal ‘microgyms’ are swamping Singapore. Will they come here?

Tiny gyms with a treadmill, weights and equipment for one all packed into what look like shipping containers are popping up all over Singapore. How long before they come to Australia?

Posted on 25/07/2023

Singapore shares muted at open after global markets end mostly higher

SINGAPORE stocks opened muted on Tuesday (Jul 25) after stock markets in the United States and Europe closed mostly higher with the approach of the earnings results season. Read more at The Business ...

Posted on 25/07/2023

Singapore Bourse Called Rangebound Again On Tuesday

The Dow jumped 183.55 points or 0.52 percent to finish at 35,411.24, while the NASDAQ rose 26.06 points or 0.19 percent to close at 14,058.87 and the S&P 500 added18.30 points or 0.40 percent to end ...

Posted on 25/07/2023

Singapore’s Keppel, HSBC sign agreement for decarbonisation solutions

Singapore's Keppel Corporation said on Tuesday it signed an agreement with HSBC for pursuing energy transition opportunities aimed at reducing emissions in Greater Bay Area and across Asia.

Posted on 25/07/2023

Concert tickets, vacuum cleaners and more: Will credit card sign-up incentives help banks retain customers?

While giving away freebies may increase initial customer acquisition, this is not sustainable in the long run, says a marketing expert.

Posted on 25/07/2023

Singapore banks Q2 performance to be weighed down by higher costs, weaker loans: Analysts

Earnings for the three banks are expected to peak in 2023 as loan growth tapers off and costs rise, say analysts. Read more at straitstimes.com.

Posted on 25/07/2023

DBS downgrades Grab to ‘fully valued’ on ‘structural challenges’

DBS Group Research analyst Sachin Mittal has downgraded NASDAQ-listed Grab to “fully valued” from “hold” previously as he sees the company facing a dilemma between focusing on growth or its ...

Posted on 25/07/2023

Five Crypto-Friendly Countries Where Spending Your Crypto Is Fun

As the world witnesses a rapid evolution in financial systems and technological advancements, the adoption of cryptocurrencies has become a significant trend in numerous countries. Bitcoin, being the ...

Posted on 25/07/2023

In Singapore, 600 suspected scammers and money mules assisting police probe into 2,600 cases involving losses of over S$21m

A total of 421 men and 203 women, aged between 16 and 71, are assisting the police in probes related to more than 2,600 cases of scams that resulted ...

Posted on 25/07/2023

Isro to launch Singapore satellite, six others on July 30

Amid the ongoing Chandrayaan-3 mission, Isro is also gearing up to launch the PSLV-C56 rocket that will carry a Singapore satellite (DS-SAR), along with six co-passenger satellites, from the first ...

Posted on 25/07/2023

Singapore banks’ Q2 to be weighed down by higher costs, weaker loans: analysts

ANALYSTS across the board are once again expecting a weaker quarterly performance from the trio of local banks in their upcoming Q2 update, amid a continued rise in costs and provisions.  Read more at ...

Posted on 25/07/2023

Extreme weather: Here’s how Singapore plans to battle health risks due to climate change

Singapore — located close to the equator with average monthly maximum temperatures of 31-32C (88-90F) — recorded its hottest day in four decades in May with a reading of 37 C. The government has ...

Posted on 25/07/2023

In Singapore, loud echoes of Beijing’s positions generate anxiety

In seeking to incorporate ethnic Chinese citizens of other countries into its vision, Beijing is stoking divided loyalties, critics say.

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