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Tag: banking

Posted on 12/04/2024

SGX total securities market turnover value down 15% y-o-y to $23.79 bil in March

On SGX Commodities, total derivatives traded volume rose 32% m-o-m in March to a record-high 6.4 million contracts. This brought total volume in 1Q2024 to 16.5 million contracts, up 56% y-o-y.

Posted on 12/04/2024

Singapore Bourse May Reverse Thursday’s Losses

The Singapore stock market turned lower again on Thursday, one session after ending the two-day losing streak in which it had shed ...

Posted on 12/04/2024

Singapore office rents rebound as tenants from law firms to finance companies snap up space in main business zones

Rents in Singapore’s office market rose in the first three months of the year, shaking off two consecutive quarters of declines as some tenants snapped up limited premium spaces and others renewed ...

Posted on 11/04/2024

OCBC launches ETF with global component as more local investors look overseas

It is the world’s first ETF that tracks the performance of Asia-Pacific financial services companies. Read more at straitstimes.com.

Posted on 11/04/2024

MoneyHero Group Hosts Singapore’s Largest Personal Finance Festival for Seventh Straight Year

MoneyHero Group Hosts Singapore’s Largest Personal Finance Festival for Seventh Straight Year GlobeNewswire April 11, 2024 The iconic annual event, which was held on April 6th and is produced by ...

Posted on 11/04/2024

Temasek opens Paris office, to invest up to $25b in broader region over next 5 years

A Temasek spokesperson told The Straits Times that the company plans to invest $20 billion to $25 billion in the EMEA region over the next five years.

Posted on 11/04/2024

HSBC changes insurance head after Hingston’s surprise exit

THE head of HSBC Holdings’ insurance business is unexpectedly leaving the Asia-focused lender after two years in the post, and will ...

Posted on 11/04/2024

OCBC launches ETF with global component as more local investors turn their sights overseas

SINGAPORE - It is a data point that has OCBC Bank’s attention - young investors chose Tesla as the top choice for their first trade in 2024, a marked shift from the local bank stocks that 25 to ...

Posted on 11/04/2024

Singapore stocks took a hit on Thursday—STI down 0.9%

SINGAPORE: Singapore stocks took a hit on Thursday, stepping into negative territory in the wake... The post Singapore stocks took a hit on Thursday—STI down 0.9% appeared first on The Independent Sin ...

Posted on 11/04/2024

9 Best Air Miles Credit Cards in Singapore (Apr 2024)

Ah, the air miles credit card. Clearly the most glamorous of all credit cards. Every time you use one, you’re reinforcing your image as a globetrotting, wanderlusting, jet-setter. But more importantly ...

Posted on 11/04/2024

UOB’s Sydney branch prices A$1.25 bil of senior unsecured notes due 2027

The pricing for both tranches is said to represent the tightest ever for an Asian bank senior issuance above A$1 billion.

Posted on 11/04/2024

IPO activity in Singapore still anemic in Q1

Southeast Asia only saw 38 new listings in Q1. Singapore’s IPO market is off to a slow start to 2024 with only one public listing on the local bourse in the first quarter, mirroring the overall ...

Posted on 11/04/2024

Singapore banks’ interest rates will remain elevated until Q3: analyst

DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%. Singapore banks’ domestic interest rates are expected to remain elevated for “longer” and will only start to recede in the last ...

Posted on 11/04/2024

Singapore Savings Bond: Latest interest rate and guide to investing (May 2024)

TheMonetary Authority of Singapore (MAS) has released information on the Singapore Savings Bond (SSB) latest tranche, which has an average return per year of 3.04 per cent with a first-year interest ...

Posted on 11/04/2024

KKR, HSBC talk up China opportunities after lengthy sell-off

KKR & Co and HSBC Asset Management sounded an optimistic note on China even as global investors withdraw billions, underscoring signs ...

Posted on 11/04/2024

Renewed Consolidation Called For Singapore Shares

(RTTNews) - Ahead of Wednesday's holiday for Eid-ul-Fitr, the Singapore stock market had ended the two-day losing streak in which it had shed almost 20 points or 0.6 percent. The Straits Times Index ...

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