Shares of banks in Asia slumped on Monday after the collapse of a U.S. startup-focused bank sparked a global flight to quality on fears of broader systemic risk, even as authorities tried to stem the ...
Signature Bank becomes next casualty of banking turmoil after SVB
A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023. REUTERS/Eduardo Munoz ...
Maybank downgrades Singapore banks to ‘neutral’ on NPL risks; lowers UOB and OCBC to ‘hold’
Maybank Securities analyst Thilan Wickramasinghe has downgraded his rating on Singapore banks to “neutral” as he ... As at 10.05am, shares in DBS, UOB and OCBC are trading at $32.91, $28.54 and $12.19 ...
Asia markets slide in nervous trade as US steps in after bank collapse; STI down 1.1%
SINGAPORE - The quick move by US regulators to assure all depositors that their money is safe following the collapse of Silicon Valley Bank (SVB) might just save markets from the worst effect of the ...
Hong Kong, Singapore show up late for SPAC party before Fed sparked global hike in interest rates: analysts
SPACs are restricted to professional investors, and only five have successfully floated their shares in Hong Kong to date Hong Kong and Singapore both arrived too late for the SPAC party, a broker ...
Saqqaf Urges Singaporean Businessmen To Explore Investment Opportunities In Jordan
Minister of Investment Kholoud Saqqaf stressed the government's support for entrepreneurial and innovative proje ...
HSBC sharpens international customer proposition with new online and mobile-based account opening capabilities
In addition, since January this year, International customers that have just arrived and have yet to set up a SingPass account in Singapore can apply for and receive access to a HSBC bank account ...
Invest or stay on the sidelines? Fund managers give their take
Fund managers offer some invaluable insights on US Federal Reserve rate hikes and how geopolitical pressures are changing the investment landscape. Read more at straitstimes.com.
Singapore-based Tungray Technologies files for $13M US IPO
Fellow Singapore-based company Davis Commodities (DTCK) also filed for a US IPO on Friday, seeking to raise around $17M. For more on Tungray, check out Donovan Jones's "Tungray Technologies Aims for ...
Singapore-based Davis Commodities files for $17M US IPO
Singapore-based Davis Commodities (DTCK) has filed for a $17M US initial public offering. Load Error Davis said didn't specify in its filing how many shares it was looking to offer or the price, but ...
New Due Diligence Requirements for Corporate Finance Advisers in Singapore
Corporate finance advisers in Singapore must implement new due diligence requirements by October 1, 2023. Read on to learn more.
Tungray Technologies Aims For U.S. IPO
Given the recent sharp drop in revenue growth rate coupled with a large portion of the firm's operations within China and the resulting unpredictable risks, I'll pass on the IPO. Singapore-based ...
Share Market LIVE: Sensex, Nifty to tank on open, hints SGX Nifty; Wall Street tumbles, banking stocks drag
BSE Sensex and NSE Nifty are likely to open deep in the red, hinted by SGX Nifty, Wall Street and Asian markets among other global cues.
World’s Best Players Arrive in Singapore for 15th Edition of HSBC Women’s World Championship
Kee Joo Wong, CEO HSBC Singapore said: “HSBC is committed to opening up a world of opportunity for women in sport and to bringing the best of the world to Singapore. We are thrilled with the ...
Best Savings Accounts in Singapore with Highest Interest Rates (2023)
So far, 2023 is shaping up to be pretty hard on our bank accounts. Between inflation and an impending recession, it looks like our wallets are going to take quite a hit this year, even with the cash ...
HCMC calls for more Singaporean investment
Ho Chi Minh City is calling on Singapore to invest in several major infrastructure projects worth billions of U.S. dollars, including highways, ring roads and metro lines.