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Tag: banking

Posted on 21/03/2024

Reddit prices IPO at top of indicated range to raise US$748 million

SOCIAL media platform Reddit priced its initial public offering at the top of its targeted range of US$31 to US$34 per share on Wednesday, raising US$748 million and giving the ailing technology IPO ...

Posted on 21/03/2024

Singapore leads Asian peers in attracting foreign investments: report

Singapore is the most attractive country in the region for foreign investments, but it falls behind some advanced economies in terms of environmentally friendly and socially inclusive growth, ...

Posted on 21/03/2024

DBS and JPMorgan AM offer Asia’s retirement investment portfolio

DBS and JPMorgan Asset Management offer Asia's first retirement investing portfolio that scales risk based on an investor's life stage.

Posted on 21/03/2024

Singapore-backed platform boosts transparency, covers 85% of carbon credit market

Climate Action Data Trust was founded the Singapore Government, World Bank and the International Emissions Trading Association. Read more at straitstimes.com.

Posted on 21/03/2024

Singapore ranked happiest country in Asia for two years running, 30th happiest globally

Singapore also ranked as the happiest country in Asia, for the second time in a row. Thailand came in at eighth spot, and Malaysia at ninth. There were six key factors to analyse, said the report, ...

Posted on 21/03/2024

Here’s how OCBC Business is making it easy for M’sian SMEs to offer cross-border QR payments

OCBC OneCollect lets businesses easily collect cross-border payments from M'sian and S'porean customers through DuitNow QR and PayNow QR.

Posted on 21/03/2024

T-bills in Singapore: What it is, how to buy and the latest cut-off yield (19 March 2024)

The latest six-month Treasury Bills (T-bills) issued on 5 March 2024 had a cut-off yield of 3.8 per cent per annum, with a cut-off price of 98.105. The total amount applied was S$12.4 billion, with a ...

Posted on 21/03/2024

UOB chief Wee Ee Cheong’s 2023 salary rises to $15.9m, overtaking DBS CEO’s pay

UOB chief executive officer Wee Ee Cheong’s salary rose as the bank’s full-year core earnings hit a new record in 2023, but his pay increased at a slower pace. Mr Wee’s annual pay for the year came in ...

Posted on 21/03/2024

Latest Singapore COE prices and bidding results (20 March)

SINGAPORE — Certificate of Entitlement (COE) prices increased for all categories except for commercial vehicles in the latest bidding exercise that closed on Wednesday (20 March). COE premiums for ...

Posted on 21/03/2024

Singapore GIC’s domestic equity holdings rises 32% to Rs 2.14 trn in a year

According to NSDL data, SWFs account for about 7 per cent of the overall foreign portfolio investor-assets under custody (FPI-AUC) ...

Posted on 20/03/2024

EMERGING MARKETS-Asian FX slip, stocks gain ahead of key c.bank meetings

The Philippine peso depreciated 0.4% while the Taiwanese dollar slipped 0.2%. Seoul stocks jumped 1.3% while Singapore stocks added 0.3%. After Bank of Japan's historic shift away from negative ...

Posted on 20/03/2024

Singapore expresses concern over impact of Israel’s planned assault on Rafah

FM Balakrishnan told Mr Netanyahu that Israel’s military actions in Gaza have gone too far. Read more at straitstimes.com.

Posted on 20/03/2024

Singapore stocks close slightly higher; STI up 0.1%

SINGAPORE – Local investors were largely indifferent to a buoyant session on Wall Street overnight but still managed to nudge the market a little higher on ... although the stock ended flat at 7.9 ...

Posted on 20/03/2024

Singapore Adds NRF 2024: Retail’s Big Show Asia Pacific to its Flagship Event List

Singapore's strategic location and its long-established status ... over 10% in retail sales in the city during the Australian Open tennis tournament." Yahoo Finance ...

Posted on 20/03/2024

More banks in Singapore to offer money lock feature, but take-up rate low among young adults

The banks said that while the number of people using the feature to protect their savings is growing, most of them are older customers.

Posted on 20/03/2024

9 Best Credit Cards in Singapore for Overseas Spending (2024)

Make sure you have the right credit card to maximise rewards and minimise fees. With numerous options available, it can be challenging to find the perfect card for your overseas spending needs. To ...

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