Singapore Bourse May Reverse Wednesday's Gains

(RTTNews.com) - The Singapore stock market on Wednesday halted the two-day losing streak in which it had given away more than a dozen points or 0.4 percent along the way. The Straits Times Index now rests just above the 3,120-point plateau, although the ... ( read original story ...)

Singapore readies leveraged ETFs to keep up with rivals

Preparations are underway for the first new listing of inverse ETFs. According to Bloomberg, Singapore Exchange Ltd. last week published a new web page about the products, described as “a form of passive collective investment schemes (like ETFs ... ( read original story ...)

Singapore property demand remains ‘very resilient’

SINGAPORE: Singapore’s property demand remains “very resilient,” supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said. “Our economy is still growing, so I think demand is still ... ( read original story ...)

AIA, Manulife said to bid for SCB life insurance unit

Thai billionaire Charoen Sirivadhanabhakdi is partnering with Singapore's Great Eastern Holdings Ltd on a non-binding offer, while Hong Kong tycoon Richard Li's FWD Group and, separately, Prudential have also bid, according to the people. Bidders for SCB ... ( read original story ...)

HSBC Singapore gets new CEO

HSBC has appointed Tony Cripps, chief executive of HSBC Australia, to lead its group in Singapore, with effect from April 3, 2017, the bank said on Wednesday. He succeeds Guy Harvey-Samuel, who will retire from HSBC after more than 38 years at the bank. ( read original story ...)

New CEO for HSBC Singapore

HSBC Singapore has named Australian Tony Cripps as its new chief executive. He starts in the new role on April 3, taking over from Mr Guy Harvey-Samuel, who will retire from HSBC after more than 38 years at the London-based bank. Mr Cripps, who has been ... ( read original story ...)

Ex-Forex Traders in Singapore Get Jail Time for Cheating Banks

Former HSBC senior dealer Ivan Chng was sentenced to 15 weeks in jail, Singapore High Court Justice See Kee Oon said on Wednesday. Ex-Deutsche Bank trader Toh Hway Khuan was given an eight-week sentence. Neither man was fined. The two were convicted in ... ( read original story ...)

CII signs MoU with SBF, IE Singapore

In a first between the business institutions of India and Singapore, the Confederation of Indian Industry (CII) has entered into a Technology Partnership memorandum of understanding (MoU) with two agencies of Singapore in order to promote expertise for ... ( read original story ...)