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Tag: banking

Posted on 02/07/2025

Key features and risks of investment products to be on one page under MAS proposals

MAS aims to enable investors to make informed investment decisions even as those who need more help can get it. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2025

Stock market today: Dow, S&P 500, Nasdaq futures wobble with ADP jobs data, trade deals in focus

US stock futures wavered on Wednesday as Wall Street digested more signs of an intensifying labor market slowdown and watched for movement on trade deals and on President Trump's massive ...

Posted on 02/07/2025

Asian stocks waver, dollar frail as Trump’s tariffs, US rate path weighs

SINGAPORE: Asian stocks slipped on Wednesday (Jul 2) and the dollar languished near three-and-a-half-year lows as investors weighed the prospect of US interest rate cuts and the scramble for trade dea ...

Posted on 02/07/2025

Singapore, Cambodia solidify joint efforts in energy, climate finance, agri-trade

SINGAPORE] South-east Asian neighbours Singapore and Cambodia intend to continue advancing shared interests in renewable energy trade, high-quality carbon markets, agri-trade and in bolstering Asean ...

Posted on 02/07/2025

UOB Thailand, Frasers Property team up to help companies expand in Asean

SINGAPORE] UOB Thailand and Frasers Property Industrial Thailand have signed a strategic memorandum of understanding (MOU) on Wednesday (Jul 2) to jointly promote industrial development and support ...

Posted on 02/07/2025

DBS offers cardholder deals, rebates at over 680 retail outlets

These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others. DBS Bank is offering spending privileges to its cardholders at over 680 outlets of Cold Storage, CS Fresh, Giant, ...

Posted on 02/07/2025

Singapore bets on AI governance and manufacturing to anchor tech giants

Singapore is positioning itself as a trusted AI hub through a US$740 million five-year investment plan while leveraging political neutrality and supply chain advantages to attract global manufacturers ...

Posted on 02/07/2025

Singapore’s STI hits new high as investors are drawn to safe havens amid global risks

SINGAPORE] The Straits Times Index (STI) notched a new record of 4,011.78 points on Wednesday (Jul 2) as Singapore draws a rush of investors seeking safe havens from geopolitical risks. Read more at ...

Posted on 02/07/2025

Bank of America raises S’pore 2025, 2026 GDP growth outlook after April cut

BofA has raised its GDP growth projections for Singapore, Malaysia and Vietnam following a sharp cut to forecasts in April. Still, the latest projections are below BofA’s November 2024 forecasts.

Posted on 02/07/2025

Singapore fines DBS, Citibank, OCBC, Swiss Life for inadequate money laundering, terrorism financing protections

Singapore's central bank on Wednesday said it has imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life, for breaching its ...

Posted on 02/07/2025

9 Best Personal Loans in Singapore with Lowest Interest Rates (July 2025)

If you’re in urgent need of money, but are too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash from a bank or financial ...

Posted on 02/07/2025

UOB Illuminates the Singapore River with Guinness World Record-Breaking SG60 Light Show

UOB’s SG60 Celebration lights up the Singapore River with record-breaking projections, featuring national tributes and a show mapping the past and future.

Posted on 02/07/2025

MAS proposals a step forward in ‘democratising’ investing, ‘strikes right balance’: observers

SINGAPORE] The Monetary Authority of Singapore’s (MAS) proposals to strengthen product highlights sheet (PHS) requirements and streamline the framework for complex products signal a major shift in the ...

Posted on 02/07/2025

Asian markets open: Japan’s Nikkei falls 1.16% on tariff threat; Sensex to open up

Asian stock markets presented a mixed picture at Wednesday's open, with Japanese equities notably declining after US President Donald Trump threatened fresh tariffs on Japan.

Posted on 02/07/2025

Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump’s tax bill heads to House

US stock futures held steady as President Trump's sweeping spending bill heads to the House after narrowly passing the Senate.

Posted on 02/07/2025

HSBC Life Singapore appoints Chong to new commercial leadership role

Chong brings over 20 years of experience in banking and insurance. HSBC Life Singapore has named Luzanne Chong as Chief Commercial Officer, effective 21 July. In this newly created role, she will ...

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