the Singapore Exchange (SGX) said on Wednesday. Under the memorandum of understanding the two parties signed, SGX and the New Zealand Stock Exchange (NZX) will seek to promote market development initiatives, including the promotion of derivatives products ... ( read original story ...)
Step-by-step Guide: Opening A CDP And Stock Trading/ Brokerage Account In Singapore?
Before investing in your first stock ... through the open market. 1. Have a bank account with a local bank To open an individual CDP Securities Account, one is required to have a bank account with one of the following banks in Singapore: ( read original story ...)
Bombardier Wins Contract to Upgrade Singapore’s Bukit Panjang Light Rail Transit Line
Rail technology leader Bombardier Transportation today announced that it has recently signed an asset replacement contract with Singapore's Land Transport ... our long-term presence in this important market. Bombardier started delivering INNOVIA APM ... ( read original story ...)
Is Singapore’s Debt Consolidation Plan Working? Household Debt Data Shows Mixed Signals
In 2017, the Monetary Authority of Singapore introduced a new financial instrument called ... For example, they might just be taking on loans for home renovations or to finance their startups. However, there's not enough evidence to rule out the ... ( read original story ...)
Singapore PMI down 0.4 point to 52.7 in February
The reading was pulled down by the weaker electronics manufacturing sector. The February reading of the Singapore Purchasing Managers' Index (PMI) slipped 0.4 point to a slower expansion at 52.7. According to the Singapore Institute of Purchasing and ... ( read original story ...)
Women Rule the Rarefied World of Asia Private Banking
At UBS, the top private bank by assets under management in Asia, the ratio of female to male private bankers in the region is now 60:40. What's driving this shift? Part of it is historical. Until Singapore and Hong Kong decided to make wealth management a ... ( read original story ...)
SCB links with Julius Baer on wealth management venture
It will also have an office in Singapore. SCB yesterday informed the Stock Exchange of Thailand about the joint venture project. Asked whether they will expand to other countries, Arthid said that they will focus on the Thai market first and if that ... ( read original story ...)
Singapore remains a top choice for property investment
SINGAPORE remains a favoured destination for property investments among the world's ultra-wealthy, taking the fifth spot based on an overall global ranking by Knight Frank. In the property consultancy's Wealth Report 2018, Singapore is the third most ... ( read original story ...)
HSBC launches Singapore-dollar income bond fund for local retail investors
SINGAPORE - HSBC Global Asset Management on Thursday (March 8) said it has launched its first dedicated Singapore-dollar (SGD) income bond fund for retail investors in the Republic. The minimum investment sum stands at S$1,000, and investors may buy into ... ( read original story ...)
DBS prices A$750m floating-rate notes due 2028
SINGAPORE - DBS Group Holdings on Thursday said it has priced the issue of its A$750 million (S$771 million) floating-rate subordinated notes due 2028, at a three-month bank bill swap reference rate, plus 1.58 per cent per annum. The notes may also be ... ( read original story ...)
Singapore sixth APEC economy to commit to responsible data sharing
SINGAPORE: Singapore has joined Japan, the Republic of Korea, Canada, the United States and Mexico as the sixth APEC economy to participate in the Cross-Border Privacy Rules System this week. It is also the second APEC economy alongside the United States ... ( read original story ...)
HSFO moves from Japan to Singapore in rare export amid refinery issues: sources
The high sulfur fuel oil market in Asia was seeing rare exports of 380 CST material from Aichi, central Japan, to Singapore, amid market talk of refinery issues, market sources said Thursday. According to trade sources, they are expecting three-four MR ... ( read original story ...)
HSBC launches Singapore-dollar income bond for local retail investors
SINGAPORE - HSBC Global Asset Management on Thursday (March 8) said it has launched its first dedicated Singapore-dollar (SGD) income bond for retail investors in the Republic. The HSBC Global Investment Funds Singapore Dollar Income Bond, an Asia-focused ... ( read original story ...)
OCBC Bank prices £250m floating rate covered bonds due 2023
SINGAPORE - OCBC Bank said on Thursday (March 8) that it has priced £250 million (S$457 million) floating rate covered bonds due 2023. The covered bonds will bear interest at the three-month sterling Libor reference rate plus 0.27 per cent per annum ... ( read original story ...)
CIMB launches cross-border banking between Malaysia and Singapore
CIMB Bank Berhad and CIMB Islamic Bank Berhad (CIMB) have launched their cross-border solutions for their customers with CIMB accounts in Malaysia and Singapore. With their CIMB conventional or Islamic accounts in both countries, customers are able to ... ( read original story ...)
JD.com backs Sasseur REIT’s Singapore IPO
SINGAPORE (March 7): Sasseur REIT’s S$396 million (US$301 million) Singapore Exchange IPO has attracted a list of 13 cornerstone investors, one of the highest in an SGX IPO in recent times. JD.com, China’s largest e-commerce company by revenue, will be ... ( read original story ...)