The Singapore stock market has finished lower in consecutive trading days, tumbling more than 90 points or 2.7 percent along the way. The Straits Times index now rests just beneath the 3,340-point plateau although it figures to snap the losing streak on ... ( read original story ...)
Singapore Exchange Limited’s Stock Is Near A 52-Week Low Now: Is It A Bargain?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). Singapore Exchange currently has a ... ( read original story ...)
Why Has Singapore O&G Ltd’s Stock Price Dropped By Nearly Half In The Last 12 Months?
So, Singapore O&G must still prove to investors that it is capable of growing its business going forward. Are you worried about the overall state of the market? Do you know the 1 thing you should never do in the stock market? The Motley Fool Singapore's ... ( read original story ...)
A senior UOB trader has just landed a top buy-side job in Singapore
One of Singapore’s most experienced traders has just re-emerged on the buy-side in a C-level job. https://news.efinancialcareers.com/sg-en/310579/setio-darmawan-hsbc-to-uob/ Clarence Chan, UOB’s former head of spot trading and eFX, has re-emerged as ... ( read original story ...)
Singapore: Megaton Shipping fined S$5,000 for role in smuggling cigarettes
Megaton Shipping, a cargo forwarding company was found guilty of providing false information to get an import permit from Singapore Customs department and was fined with S$5,000 on Wednesday. Officials said the shipping firm provided false information in ... ( read original story ...)
Here’s How You Can Benefit From The Singapore Property Market Upturn
The Singapore private property market seems to be in a recovery mode, after a four-year bear market. Flash estimates by the Urban Redevelopment Authority (URA) released on Monday, 2 April, showed that private home prices in Singapore rose by 3.1% in 2018 ... ( read original story ...)
What Expats Should Know Before Buying Their First Home in Singapore
Below, we outline some of the top things you should know before purchasing a property in Singapore as a foreigner. Before you even get approved for a flat in Singapore, you will have to apply online with the SLA and pay a nonrefundable S$1,220 fee. ( read original story ...)
Singapore shares open higher on Wednesday
SINGAPORE: Shares opened 0.1 per cent higher on Wednesday, with the Straits Times Index up 3.91 points to 3,416.06 at 9.02am. About 46 million shares worth S$86 million in total changed hands as gainers outnumbered losers 86 to 37. The most actively traded ... ( read original story ...)
Singapore law allows creditors to avoid losses from bank failures: Moody’s
Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets. According to Moody’s Investors Service, the Monetary Authority of Singapore (MAS) would likely save a failing domestic bank through a bailout, meaning the burden to save a bank would ... ( read original story ...)
MAS likely to bear burden of rescuing local failed bank: Moody’s
The Monetary Authority of Singapore (MAS) is more likely to resolve a failing bank by getting equity holders to pay the price than by forcing creditors to accept haircuts, Moody's Investors Service has said in a report. Citing a recent review of the ... ( read original story ...)
Standard Chartered is said to start sale process for private equity unit
Singapore: Standard Chartered Plc, the UK bank with operations across Asia and Africa, is kicking off a sale process for its loss-making private equity unit, according to people with knowledge of the matter. Earlier this month, the bank sent so-called ... ( read original story ...)
Singapore fines Standard Chartered Bank, Trust
The Monetary Authority of Singapore (MAS) announced on March 19 it has imposed fines of 5.2 million SGD (about 3.95 million USD) on the Singapore branch of Standard Chartered Bank (SCBS), and 1.2 million SGD (about 910,000 million USD) on Standard ... ( read original story ...)
Standard Chartered hit by fine for money laundering breaches
Standard Chartered has been fined by regulators in Singapore for breaking money laundering and terrorism financing rules. The bank has been fined a total of 6.4m Singaporean dollars (£3.5m) by regulator the Monetary Authority of Singapore (MAS). ( read original story ...)
Standard Chartered Bonus$aver – Here’s How You Can Maximise The Interest Earned On This Deposit Account
This article is written in collaboration with Standard Chartered Bank (Singapore) Limited. All views expressed in the article are the independent opinions of DollarsAndSense.sg Building up savings is an important financial objective for many working adults. ( read original story ...)
Best Standard Chartered Credit Cards in Singapore – Credit Card Reviews 2018
The average Singaporean probably only knows of a couple of Standard Chartered credit cards – the Unlimited Cashback card and Spree card – but SCB actually has quite a number of credit cards on offer (some are either outdated or niche though). ( read original story ...)
Leading Standard Chartered investment banker joins Deloitte in Singapore
As Standard Chartered restructures its Asian investment banking team, Deloitte has nabbed one of its senior bankers in Singapore. https://news.efinancialcareers.com/sg-en/305561/bob-fabriz-standard-chartered/ Tanay Jain, who was responsible for Southeast ... ( read original story ...)