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Tag: banking

Posted on 23/04/2025

Exclusive-Singapore’s PSA Weighs Selling 20% Stake in CK Hutchison’s Ports Business, Sources Say

Tycoon Li Ka-shing's CK Hutchison announced last month it would sell its 80% holding in the business which includes two ports along the strategically important Panama Canal to a BlackRock-led ...

Posted on 23/04/2025

Singapore Central Bank Watching Markets Closely Amid Volatility

The Monetary Authority of Singapore is monitoring Singapore's foreign exchange and money markets to ensure they continue to function in an orderly manner, said the central bank's managing director ...

Posted on 23/04/2025

RHB downgrades Singapore banks to Neutral on weaker outlook

Banks are expected to feel pressure across several fronts, including lending, interest income, and non-interest revenue. Singapore’s banking sector has been downgraded to Neutral from Overweight by ...

Posted on 23/04/2025

Singapore Inflation Holds Steady, In Line With Central Bank’s Outlook

SINGAPORE--Singapore's consumer inflation held steady in March from a year earlier, in line with the central bank's view that price pressures will cool this year.

Posted on 23/04/2025

4 Singapore Blue-Chip Stocks I Intend to Buy if I Had S$20,000

Armed with a sum of money, here are four robust Singapore blue-chip stocks that I plan to purchase. The post 4 Singapore Blue-Chip Stocks I Intend to Buy if I Had S$20,000 appeared first on The Smart ...

Posted on 22/04/2025

‘Why the hurry?’: What Singapore’s new tariff task force is really about

Success requires staying on top of sudden shifts, responding nimbly and setting a course for the long term. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 22/04/2025

Singapore Property May Be a Good Place to Hide

A global trade war can’t possibly be good news for a city-state whose exports and imports add up to more than 300% of its gross domestic product. Yet there are good reasons to believe that real estate ...

Posted on 22/04/2025

HSBC China’s top wealth banker reassigned, Asia wealth head relocates to Shanghai

HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project in China. Trista Sun, who ...

Posted on 22/04/2025

Flipkart IPO: Latest update ahead of launch date on listing of Walmart group e-commerce giant

E-commerce company Flipkart is headquartered in Singapore. The Walmart group Flipkart has announced that it will shift its domicile to India from Singapore. The move is seen as a step towards its ...

Posted on 22/04/2025

Flipkart moves HQ from Singapore to India ahead of IPO

Flipkart, a Walmart-owned e-commerce startup, is set to relocate its headquarters from Singapore to India in preparation for an upcoming IPO on Indian stock exchanges.

Posted on 22/04/2025

Singapore Insurance Industry Report 2025: Key Regulatory Changes and Compliance Insights

This comprehensive analysis delves into the regulatory framework covering life, property, motor, liability, and more. Unpack key parameters like licensing and foreign direct investment. Learn about ...

Posted on 22/04/2025

DBS and OCBC expected to report lower margin in Q1 on SORA easing

Both banks’ asset qualities could deteriorate in the second half of 2025, an analyst said. DBS and OCBC are expected to log a margin compression in their Q1 2025 results due to a steep fall in the ...

Posted on 22/04/2025

Walmart’s Flipkart relocates holding company from Singapore to India, eyes future IPO

"Flipkart, India's homegrown e-commerce platform, proudly based and operating in India, has shared its intention to relocate its holding company from Singapore to India," the company said in a ...

Posted on 22/04/2025

Flipkart plans to relocate to India from Singapore ahead of potential IPO

The Walmart-backed company is the latest firm to reverse flip to India, joining a long list of companies shifting domiciles, amidst easing of regulatory compliance norms and improved IPO markets in ...

Posted on 22/04/2025

RHB downgrades S’pore banks to ‘neutral’, slashing target prices while keeping only DBS at ‘buy’

US President Donald Trump’s reciprocal tariffs have injected further uncertainty into the market but the pause “provides investors with a reprieve and an opportunity to reposition”, says RHB.

Posted on 22/04/2025

Flipkart to shift headquarters back to India from Singapore ahead of IPO plans

After years of operating from Singapore, Flipkart is returning to its roots as it prepares for a highly anticipated public listing in India.

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