Mild Rebound Tipped For Singapore Stock Market

( - The Singapore stock market headed south again on Thursday, one session after it had ended the two-day slide in which it had dipped more than 8 points or 0.2 percent. The Straits Times Index now rests just above the 3,225-point plateau ... ( read original story ...)

Singapore August bank lending up 0.3 pct

SINGAPORE, Sept 29 - Singapore’s total bank lending in August rose 0.3 percent from July, on the back of higher loans to financial institutions, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted ... ( read original story ...)

As MiFID Jolts Derivatives, Hong Kong Eyes $483 Trillion Market

Singapore is also an option for firms looking to move their exposures outside Europe. Standard Chartered has starting booking some of its trades in the city-state along with Hong Kong, said people familiar with the matter, who didn’t provide details on ... ( read original story ...)

Maid jailed for stealing $9,400 from employer

Lifi Nurfitriyah, 26, admitted to six counts of theft of the POSB ATM card and money from her employer, Madam Or Suay Muay, 72, in June 2016. A district court heard that on July 4, 2016, Madam Or found that $9,400 had been withdrawn from her bank account ... ( read original story ...)

RHB Bank rolls out chatbot for loan applications

In January 2017, DBS Bank in Singapore had also rolled out a chatbot-based virtual assistant that lets POSB Bank customers enquire about account balances, foreign exchange rates and branch locations via Facebook Messenger. POSB was acquired by DBS in 1998. ( read original story ...)

Singapore’s DBS reaches distribution deal with Chubb

SINGAPORE -- DBS Group Holdings has entered into a 15-year distribution partnership agreement with New York-listed insurance company Chubb for its markets in Singapore, Hong Kong, Taiwan, Indonesia and China. The Singapore bank said on Thursday that it ... ( read original story ...)