SINGAPORE: HSBC reported on Tuesday (Oct 25) a 42 per cent tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income ... ( read original story ...)
HSBC elevates Elhedery to CFO in surprise CEO-in-waiting move
HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise shift that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as ... ( read original story ...)
Singapore core inflation hits 5.3% in September, close to 14-year high
Core inflation rose from 5.1 per cent in August on higher costs of food, services and other goods. Read more at straitstimes.com. ( read original story ...)
Singapore September Core Inflation Rises 5.3%
The core inflation rate - the central bank's favoured price measure - rose to 5.3% in September on a year-on-year basis, compared with 5.1% in August. A Reuters poll of economists had forecast a 5.2% ... ( read original story ...)
Singapore High Court Judge Recognizes NFTs As Property
Justice Lee Seiu Kin stated that digital assets are distinguishable from each other and, as a result, can be considered property. ( read original story ...)
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Family offices and high-net-worth individuals based in Hong Kong and Singapore have keen to invest in crypto or already have holdings according to a new report from KPMG China and Aspen Digital. ( read original story ...)
HSBC Q3 pretax profit slides 42% on France sale, credit losses
SINGAPORE -HSBC reported on Tuesday a drop of 42 per cent in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks ... ( read original story ...)
HSBC Q3 pretax profit falls 42% on impairments
HSBC reported on Tuesday a drop of 42% in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks benefit from rising ... ( read original story ...)
I went back to primary school after 30 years, & boy, have times changed
When I was in primary school, which was like 30 years ago, Singapore was a different place. There was no internet. Public buses had no air conditioning. Television programming wasn’t 24 hours. Ah, ... ( read original story ...)
UOB Asset Management launches Singapore-China feeder ETF
UOB Asset Management has teamed up with its Chinese joint venture partner Ping An Fund Management to roll out the first master-feeder exchange traded fund operating between the Singapore and Shenzhen ... ( read original story ...)
Travel, fashion and fine dining: UOB expands retail offerings across ASEAN with exclusive tie-ups featuring leading regional brands
UOB cardholders in Singapore as well as Southeast Asia can look forward to exciting deals and offerings in travel, retail and dining as the Bank expands its partnerships with top brands across the ... ( read original story ...)
Hydrogen to supply up to half of Singapore’s power needs by 2050: Lawrence Wong
Singapore will be developing hydrogen as a major energy source to supply up to half of the country’s power needs by 2050, announced Deputy Prime Minister Lawrence Wong on Tuesday (Oct 25). ( read original story ...)
Singapore eyes low-carbon hydrogen to achieve climate target earlier, reaching net-zero by 2050
SINGAPORE: Singapore is looking to pursue low-carbon hydrogen as part of its decarbonisation efforts, as the country races to bring forward its net-zero target. On Tuesday (Oct 25), Deputy Prime ... ( read original story ...)
Singapore plans tender system to bolster power supply, mandate gas reserves
Singapore will issue competitive tenders for private companies to invest in new power projects to meet demand over the next five years, Trade and Industry Minister Gan Kim Yong said on Tuesday. ( read original story ...)
Stock Market LIVE: SGX Nifty lower, hints at muted start for Indian indices
Asia's main stock markets traded on a stronger note, with investors shifting focus to corporate earnings as signs of economic softness suggested that the effects of the Fed's aggressive policy, aimed ... ( read original story ...)
It’s alive! X-ray reveals rare alligator curled up in man’s suitcase before flight to Singapore
SINGAPORE - While checking the luggage of a man travelling from Germany to Singapore, security officers at Munich Airport saw an unusual image on the X-ray scanner.They immediately informed Customs ... ( read original story ...)