Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a ...
Hard Numbers: Intuit’s mass layoff, Very expensive flip phone, AMD’s Finnish acquisition, Singapore’s millionaire class
Intuit, the company behind popular financial software Quickbooks and Turbotax, announced a mass layoff of 1,800 employees — about 10% of the company — with plans to rehire the same number with a ...
Singapore real estate investment sales to hit up to S$25b this year
Investments are expected to gain momentum in H2 2024. According to Knight Frank, market sentiments continue to remain at muted levels as buyers and investors continue to wait for interest rates to ...
Ola Electric IPO: Valuation Likely To Be Set At $4.5 Bn
Ola Electric is reportedly likely to be valued at around $4.5 Bn for its upcoming IPO, a decline of 16-20% from its last funding round.
Lessons from OCBC’s offer for Great Eastern: be unafraid to hold out, but do so with eyes open
MUCH has been said about what ails the local bourse and numerous suggestions have been put forward regarding how to inject vibrancy into Singapore’s stock market. Read more at The Business Times.
MAS seen loosening policy in October as disinflation stalls: UOB
Core inflation to start easing drastically in Q1 2025. Analysts expect normalization of Singapore's monetary policy via a slight slope reduction will only likely happen in October due to delayed ...
Tight financial conditions to weigh on GDP growth this year: UOB
Rate cuts could stimulate investment and boost consumption overseas. Tight financial conditions globally will continue to weigh on Singapore’s externally oriented sectors for the remainder of the year ...
HSBC launches new climate-focused infrastructure finance unit
Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a ...
UOB Kay Hian raises CICT’s TP to $2.29 following continued enhancement of retail malls
Most notably, CICT’s has commenced its asset enhancement initiatives (AEI) at Level 1 of IMM Building, set for completion in 2025.
UOB remains positive on Vietnam’s economic growth prospects
VOV.VN - The recovery of external and domestic demand, as well as the manufacturing sector, have supported the Vietnamese economy to grow stronger than expected in the first half of 2024.
Declines in DBS, OCBC weigh on STI, which closes marginally down
SINGAPORE - The Straits Times Index (STI) closed at 3,487.91 on July 16, down 11.98 points or 0.3 per cent, as declines in the shares of DBS Bank and OCBC Bank weighed on the benchmark’s performance.
Complex eKYC Hinder Singapore’s Digital Banking Adoption, Says FICO
FICO unveiled its latest research, highlighting that complex identity checks are stalling Singapore's digital banking progress.
Chinese state-owned brokerage to ramp up investment banking business in Southeast Asia
A unit of state-owned brokerage China Galaxy Securities (CGS) plans to expand its investment banking team in Southeast Asia to 50 people next year from 30 now, a senior executive said, betting on a ...
Top 10 Nasdaq/ NYSE traded stocks for Singapore are Magnificent Seven says Tiger Brokers
The top ten most traded NASDAQ / NYSE stocks in Singapore unsurprisingly consist of six of the “Magnificent Seven” stocks, with Tesla emerging as the most popular, followed by Apple, Nvidia, Google, ...
1 in 3 Singapore workers want their bosses to provide more financial wellness support
SINGAPORE: A recent report by Endowus and Intellect has found a growing demand for financial... The post 1 in 3 Singapore workers want their bosses to provide more financial wellness support appeared ...
Temasek aims to invest up to US$10 billion in India as China weighs
MUMBAI: Singapore state investor Temasek plans to invest up to US$12 billion in India over three years in sectors such as financial services and healthcare, a top executive said on Monday (Jul 15), fa ...