(RTTNews.com) - The Singapore stock market turned higher again on Monday, one session after it had ended the four-day winning streak in which it had advanced almost 45 points or 1.3 percent. The Straits Times Index now rests just beneath the 3,265-point ... ( read original story ...)
Singapore sovereign fund GIC pares UBS stake at a loss
Singapore sovereign wealth fund GIC Pvt ... GIC is keeping its profitable investment in Citi. "We remain a shareholder of Citibank. As with all our investments, we continue to manage our position based on our assessment of the fair value of Citigroup ... ( read original story ...)
Meet the Singapore interns making apps, not coffee, at SCB, DBS and OCBC
This year, three of the largest banks in Singapore – Standard Chartered, DBS and OCBC – are hiring students into technology and innovation-focused internships that allow them to tackle real business challenges. DBS took on 24 penultimate-year students ... ( read original story ...)
Singapore Bourse May Extend Friday's Losses
(RTTNews.com) - The Singapore stock market on Friday saw an end to the four-day winning streak in which it had advanced almost 45 points or 1.3 percent. The Straits Times Index now rests just above the 3,255-point plateau and the market may take further ... ( read original story ...)
Number of S'pore companies exploring HK IPO 'doubled'
The number of Singapore companies exploring a Hong Kong IPO has "doubled", according to PwC. "Looking at our pipeline, I would say, over the past 12 months, the number of Singapore companies considering a Hong Kong IPO has doubled to over a dozen," PwC ... ( read original story ...)
Number of Singapore companies exploring HK IPO 'doubled'
The competition between the Singapore Exchange (SGX) and the stock exchange of Hong Kong for listings looks set to intensify as more companies here mull over moves to head to the Republic's rival to raise capital. Market watchers said this reveals that a ... ( read original story ...)
Three-quarter tank rule could soon include diesel vehicles
... powered vehicles registered in Singapore could soon be subjected to the three-quarter tank rule as well when going into Malaysia, as part of a slew of proposed changes to the Customs Act. The Ministry of Finance (MOF) and Singapore Customs are seeking ... ( read original story ...)
Marina Bay's Pop-Up Beach Is Back With Pre-ULTRA Parties And An Inflatable Obstacle Course
This June, the ultimate beach party is happening right in the heart of Marina Bay with the return of Singapore’s Biggest BayFest, DBS Marina Regatta. With activities like a giant inflatable obstacle course, Potato Head’s legendary Coconut Bar ... ( read original story ...)
Singapore travel deals and steals: May 11 to 18 (VIDEO)
To celebrate Mother’s Day, YTL Hotels is offering a 72-hour Singapore Residents’ Package ... as well as a free 24” trolley bag with bookings of S$3,800 and up charged to Citibank credit cards (limited to new bookings, while stocks last). ( read original story ...)
Mindshare Singapore names new account lead for HSBC
Mindshare has appointed Nick Barger (pictured) as managing partner to lead the agency’s HSBC account. The role is effective immediately and will see him reporting to Melissa Tang, managing director at Mindshare Singapore. Meanwhile, he takes over from ... ( read original story ...)
OCBC says will buy NAB's mortgage portfolio in Singapore, Hong Kong
SINGAPORE Singapore's Overseas-Chinese Banking Corp (OCBC.SI) said on Thursday it will acquire National Australia Bank's (NAB.AX) private wealth business in Singapore and Hong Kong, increasing its mortgage portfolio by around 4 percent. The city-state's ... ( read original story ...)
OCBC Agrees to Buy National Australia Bank Asian Wealth Units
Singapore-based OCBC said the business is made up of a mortgage portfolio of about $1.7 billion and deposits of some $3.05 billion, according to a stock exchange filing Thursday. The purchase price will be determined based on the book value of the NAB ... ( read original story ...)
More consolidation in Asian private banking as OCBC to buy NAB's Singapore and Hong Kong business
Southeast Asia's second largest lender OCBC agrees to buy NAB's private wealth business in Singapore and Hong Kong. Agreement follows several similar deals over the past few years, which saw a few non-Asian banks exiting the region's wealth management ... ( read original story ...)
Singapore Market May Sputter On Thursday
(RTTNews.com) - Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had moved higher in three straight sessions - advancing almost 25 points or 0.7 percent in that span. The Straits Times Index now rests just beneath the 3,250-point ... ( read original story ...)
Singapore’s FinTech Industry Is on the Way to Global Leadership
Global financial services companies have their Asian satellites operating from Singapore including AmEx, Citibank, JPMorgan Chase, HSBC and numerous other international financial organizations. Singapore has one of the most forward-thinking governing ... ( read original story ...)
UOB injects $15m funds for solar projects in Singapore
The funding was given to Sunseap Group. Singapore banking giant United Overseas Bank (UOB) lent $15m to Sunseap Group for a series of solar projects in Singapore. The projects include the 9.5 MegaWatt peak (MWp) solar photovoltaic (PV) system at Jurong ... ( read original story ...)