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Tag: banking

Posted on 17/06/2021

Stock Market Today: SGX Nifty tanks 115 points; Asian markets weak as US Fed signals rate hikes in 2023

Nifty futures on Singapore Exchange traded 115 points, or 0.73 per cent, lower at 15,660.50, signaling that Dalal Street was headed for a gap-down start on Thursday. Nifty50 snapped a four-day winning ... ( read original story ...)

Posted on 17/06/2021

Singapore Central Bank Extends US$60B Swap Facility With Federal Reserve

By Ronnie Harui Singapore's central bank said it has extended the US$60 billion swap arrangement with the U.S. Federal Reserve through Dec. 31, 2021. ( read original story ...)

Posted on 16/06/2021

Fitch Rates UOB’s SGD600 Million Additional Tier 1 Capital Securities Final ‘BBB+’

The rating action follows the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on 15 June 2021. The securities are ... ( read original story ...)

Posted on 16/06/2021

UOB to pilot digital bond offering on Marketnode

UOB has become the first bank in Singapore to run its latest bond offering using a distributed ledger platform developed by Singapore Exchange and Temasek. ( read original story ...)

Posted on 16/06/2021

Singapore finance minister says city-state could become a regional hub for green finance

Singapore is investing in renewable energy and decarbonization technologies, and is considering a range of criteria for bonafide green investments. ( read original story ...)

Posted on 16/06/2021

Singapore’s Total Population Grew Around 1.1% a Year During 2010-2020

By Ronnie Harui Singapore's total population grew around 1.1% a year between 2010 and 2020, the Department of Statistics said in a press release ... ( read original story ...)

Posted on 16/06/2021

Singapore exchange aims to boost tainted carbon markets

Climate Impact X (CIX), backed by the Singapore stock exchange, the city-state's main investment ... The region still relies heavily on coal for power, making a high-quality carbon market vital for ... ( read original story ...)

Posted on 16/06/2021

S’pore financial exchange that aims to boost tainted carbon markets set to launch

However, it may struggle to convince sceptics of the value of controversial carbon offsets.. Read more at straitstimes.com. ( read original story ...)

Posted on 16/06/2021

Prime Day 2021 Deals Preview: Two Days, More Than 2 Million Deals, Starting June 21 in Singapore

Prime members can expect more than 2,500 deals from small businesses this Prime Day including Love From Yours, Oddbods, Happyganics, IDS Skincare, CATKIN, and more Stay tuned for the Prime Day Show ... ( read original story ...)

Posted on 16/06/2021

SGX Nifty down 20 points; here’s what changed for market while you were sleeping

Asian stock markets were trading mixed in early trade, as investors stayed on the sidelines ahead of the US Federal Reserve's meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was ... ( read original story ...)

Posted on 16/06/2021

Renewed Selling Pressure Anticipated For Singapore Stock Market

The Singapore stock market on Tuesday snapped the two-day slide in which it had fallen almost 10 points or 0.3 percent. The Straits ... ( read original story ...)

Posted on 16/06/2021

Singapore e-commerce aggregator eyes interoperability across APAC marketplaces

Apart from acquiring Amazon third-party sellers, Singapore-based Rainforest will look to buy fast-growing brands that sell on Asian e-commerce platforms and build tools to help them centrally manage ... ( read original story ...)

Posted on 16/06/2021

Days off, free medical consultations: Companies roll out support for employees taking COVID-19 vaccine

SINGAPORE: As Singapore begins to vaccinate younger age groups against COVID-19, some companies have introduced measures to encourage employees to ... ( read original story ...)

Posted on 16/06/2021

Economists expect S’pore GDP to grow 6.5% in 2021

Private-sector analysts have raised their forecast for Singapore’s economic growth this year to above the Government’s four-to-six per cent range, despite the latest round of tighter Covid-19 ... ( read original story ...)

Posted on 15/06/2021

Standard Chartered Private Bank’s Regional ASEAN & South Asia Head on The Path to Future Growth

After a major reorganisation and transformation taking some four years, Standard Chartered Private Bank returned to profitability in 2019 and has since been enjoying growth at the top and bottom lines ... ( read original story ...)

Posted on 15/06/2021

Singapore central bank rebukes insurers AIA, Aviva and Prudential

Singapore's central bank said on Tuesday it has reprimanded the local businesses of insurers AIA, Prudential and Aviva for breaching requirements related to risk management and supervisors' pay. ( read original story ...)

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