The change will take effect at the end of November. It is part of a wider shake-up of senior roles at Standard Chartered. Singapore chief executive Judy Hsu will take over responsibility for South-East and South Asia from Anna Marrs, with Ms Marrs ... ( read original story ...)
OCBC publishes book documenting its growth in S’pore
SINGAPORE — In 1969, when OCBC started to outgrow the China Building that has housed it for nearly 40 years, it began work on a new “superstructure” that would become the bank’s present headquarters on Chulia Street today. The day the move was ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to US$4.55b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
DBS to re-skill 1,500 bank staff in its own professional conversion programme
SINGAPORE - In a move to help employees sharpen their competitiveness and deepen their skillset, DBS Bank will proactively re-skill 1,500 employees over the next 18 months under a scheme known as Professional Conversion Programme (DBS PCP). Extolling this ... ( read original story ...)
UOB Malaysia launches mobile banking app
has launched UOB Mighty, a mobile banking app that enables customers to turn their smartphones into electronic wallets and enjoy great dining deals in Malaysia, Singapore and Thailand. In a statement today, UOB Malaysia said the app allowed customers to ... ( read original story ...)
ETMarkets Morning Podcast: What will sway your market today
Asian stocks opened sluggish this morning and Nifty futures on the Singapore Stock Exchange were trading mildly down to give a tepid setup for Dalal Street this morning. That's where we start the day, ladies and gentlemen. This is Saloni Goel, your market ... ( read original story ...)
DBS to re-skill 1,500 employees under professional conversion programme
... to re-skill 1,500 employees in the next 18 months under the bank’s professional conversion programme (DBS PCP), the first for a bank in Singapore. DBS has mapped out eight job roles to help employees in these roles obtain the necessary knowledge and ... ( read original story ...)
DBS : to proactively re-skill 1,500 employees to equip them with new skills and competencies to be future-ready
These employees will be re-skilled under the bank's proactive Professional Conversion Programme (DBS PCP). In a first for a Singapore bank, DBS has proactively mapped out eight job roles to help employees in these roles obtain the necessary knowledge and ... ( read original story ...)
PetroChina, the biggest stock collapse in world history, is set to get worse
"It's going to be tough times ahead for PetroChina," said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $US800 million in Asia. "Why would anyone want to buy the stock when it's trading for more than 30 ... ( read original story ...)
Biggest Stock Rout in World History Can’t Make PetroChina a Buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Global stock markets mixed ahead of Trump’s Fed decision
Global stock markets were mixed Monday as investors ... Benchmarks in New Zealand, Taiwan and Jakarta gained while Singapore retreated. ASIA'S WEEK: Investors are looking ahead to a week of potentially market-moving Asian data. China and other countries ... ( read original story ...)
World’s biggest-ever stock rout can’t make Petrochina a buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about US$800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Biggest stock collapse in world history: This company has lost $800B in market value — and it’s still not a buy
“It’s going to be tough times ahead for PetroChina,” said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $800 million in Asia. “Why would anyone want to buy the stock when it’s trading for more ... ( read original story ...)
Singapore’s SATS Inks Ground Handling JV Pact With AirAsia
in exchange for its 80% stake in SATS Ground Services Singapore (SGSS) along with S$119.3 million ($87.51 million) in cash, according to a stock exchange filing by SATS. "The partnership with SATS will foster greater efficiency and cost savings to AirAsia ... ( read original story ...)
ASIA MARKETS: Asian Markets Rally, Thanks To Tech Stock Gains
"In Asia, the solid and continuing rally in U.S. stocks should provide a good lead for the region's bourses," said Greg McKenna, chief market strategist at CFD. Japan's Nikkei Stock Average was ... Zealand's benchmark added 0.5% and Singapore's Straits ... ( read original story ...)