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Tag: banking

Posted on 25/07/2024

Singapore stocks open lower on Thursday—STI fell by 0.6%

Genting Singapore also declined, down 1.2% or S$0.01 to S$0.84. Banking stocks also saw declines. DBS edged down 0.1%, dropping S$0.05 to S$36.69. OCBC retreated by 1%, down S$0.15 to S$14.96, while ...

Posted on 25/07/2024

Singapore stocks track regional declines on Thursday; STI down 0.9%

SINGAPORE shares ended lower on Thursday (Jul 25), tracking ... DBS fell 0.5 per cent or S$0.20 to S$36.54, OCBC lost 1.5 per cent or S$0.22 to S$14.89, and UOB was down 1.2 per cent or S$0.38 to S$32 ...

Posted on 25/07/2024

Investors Turn Long on Singapore Dollar After 7 Months; Bearish Bets on Asian FX Ease – Reuters Poll

Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit, while bearish bets on most ...

Posted on 25/07/2024

(LEAD) Finance minister calls for scrutiny of payment delays by TMON, WeMakePrice

Finance Minister Choi Sang-mok called for close market monitoring over delays in payment by e-commerce platforms TMON and WeMakePrice, and all-out efforts to prevent damage to sellers and customers, ...

Posted on 25/07/2024

Finance minister calls for scrutiny of payment delays by TMON, WeMakePrice

Finance Minister Choi Sang-mok called for close market monitoring over delays in payment by e-commerce platforms TMON and WeMakePrice, and all-out efforts to prevent damage to sellers and customers, ...

Posted on 25/07/2024

BASIC bloc slams ‘leadership void’ on climate change, finance

Rich countries have left a "leadership void" in climate politics and must provide trillions of dollars to help developing nations cut their greenhouse gas emissions, the BASIC bloc of Brazil, South ...

Posted on 25/07/2024

XPENG arrives in Singapore with the G6 coupe SUV

There's a new Chinese car brand in town, quite literally. Catch the new XPENG G6 at a pop-up now open downtown at UOB Plaza 2.

Posted on 25/07/2024

UPDATE 1-Singapore central bank proposes simplified leverage provisions for REITs

Singapore's central bank on Thursday said it is seeking views on its proposal to simplify the leverage requirements for all real estate investment trusts (REITs) to cap the debt they can take on and ...

Posted on 25/07/2024

Singapore stock market doesn’t need global champions, just big ambitions

SOME months ago, a reader wrote in to lament the dearth of global champions on the Singapore Exchange. Excepting local bank DBS and flag-carrier Singapore Airlines, he said, there were no global ...

Posted on 25/07/2024

Singapore Seen Holding Monetary Policy, Easing Eyed in 2025

Singapore’s central bank will likely maintain tight monetary policy settings, while signaling an extended pause to help blunt imported inflation amid lingering risks from geopolitical shocks.

Posted on 24/07/2024

HSBC, SBF to help Singapore businesses scale GBA, India, Middle East

HSBC launched a business guide and will offer net zero transition solutions. HSBC and the Singapore Business Federation (SBF) have signed a memorandum of understanding (MOU) to help Singapore ...

Posted on 24/07/2024

UOB to see 200 tonne-reduction in CO2e emissions with DHL pact

UOB’s international parcel deliveries will now use sustainable aviation fuel. Singapore’s United Overseas Bank (UOB) has entered into an agreement with DHL Express to co-invest in sustainable aviation ...

Posted on 24/07/2024

UOB’s Susan Hwee to become new head of group retail, Lawrence Goh appointed as new head of group tech and operations

Lawrence Goh will become the new head of group technology and operations, taking over from Hwee’s existing role. He will also be appointed to the role effective from Sept 1.

Posted on 24/07/2024

Ola Electric’s $740 mn IPO likely in August, targeting $4-4.25 billion valuation

Bhavish Aggarwal-led Ola Electric, which is backed by Japanese investment major Softbank, is gearing up to launch its widely-anticipated initial public offer as early as in the first fortnight of ...

Posted on 24/07/2024

Singapore stocks end largely flat on Wednesday amid regional declines

SINGAPORE stocks closed largely flat on Wednesday (Jul 24), as regional markets mostly ended in the red. Read more at The Business Times.

Posted on 24/07/2024

YouTrip users can now transfer funds back to bank account from digital wallet

SINGAPORE – YouTrip users can now transfer funds from their digital wallets back to their bank account. The Singapore-based multi-currency card provider said on its website that the new feature ...

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