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Tag: banking

Posted on 24/02/2024

Singapore Stocks: Singtel’s Q3 Marred by One-Time Charges

In contrast, Singtel Singapore continued to face pressure in its home market from macro challenges and weak spending ... while revenues fell 3.2% compared to the same period last year. Is Singtel a ...

Posted on 24/02/2024

More e-hongbaos given out in Singapore this Chinese New Year

Most banks ST contacted said the number of e-hongbaos sent increased in 2024, compared with 2023. Read more at straitstimes.com.

Posted on 24/02/2024

Top Stock Market Highlights of the Week: Singapore’s Fibre Network, Elite Commercial REIT and Nvidia

We look at the latest results from a REIT and a GPU manufacturer while examining the latest announcement of a fibre network upgrade by the Singapore government. The post Top Stock Market Highlights of ...

Posted on 24/02/2024

Singapore’s Mobile-health Network files for $10M US IPO

Mobile-health Network Solutions (MNDR), a Singapore-based telehealth solutions provider, has filed for a $10M U.S. initial public offering. The company said in an SEC filing that it was looking to ...

Posted on 24/02/2024

Standard Chartered boss Bill Winters sounds alarm over share price

Standard Chartered's boss has admitted that the lender's share price ... The bank, which has no UK branches and operates in markets such as China, Hong Kong and Singapore, is best known in Britain as ...

Posted on 24/02/2024

UOB FY23 net profit rises 26% to record S$6.1bn

UOB will provide its junior employees, Class II officers and below, an extra month of bonus on a one-off basis. This additional bonus will be paid to about 6,000 employees across the Group, of whom ...

Posted on 24/02/2024

Standard Chartered’s 2023 profit jumps 18%, ahead of market estimates; US$1 billion share buy-back launched

The emerging-markets focused lender made a net profit of US$3.47 billion in 2023, or US$1.08 per share, up from US$2.95 billion posted a year ago The lender announced a fresh share buy-back of US$1 ...

Posted on 24/02/2024

Daily Cuts – HSBC Women’s World Championship

Singapore Today's Daniel Martin and Justine Moss speak with Andy Johnston, General Manager and Head of Agronomy at Sentosa Golf Club, about this year’s edition of the US$1.8 million (S$2.4 million) ...

Posted on 23/02/2024

Singapore’s Prepaid Card and Digital Wallet Sectors Predict Robust Growth by 2027: Q2 2023 Market Update

The financial landscape in Singapore is set to evolve significantly as the latest ... are enhancing customer experiences while reshaping financial interactions. Yahoo Finance ...

Posted on 23/02/2024

SingLand H2 net profit rises 7% to $102.4 million on fair-value gain on investment properties

Earnings per share, including fair-value gain on investment properties, stood at 7.1 Singapore cents for the half year, up from 6.7 Singapore cents the previous year. Revenue for the half year rose 3 ...

Posted on 23/02/2024

Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint

SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before. Read more at ...

Posted on 23/02/2024

Parliament debate on Singapore Budget 2024 to begin on Feb 26

SINGAPORE: Parliament will begin debating the Budget 2024 statement on Monday (Feb 26). It is expected to go on for at least two days before Deputy Prime Minister and Finance Minister Lawrence Wong ...

Posted on 23/02/2024

Our share price is ‘crap’, admits Standard Chartered boss

Standard Chartered is listed in London but offers consumer and commercial banking in the likes of China, Hong Kong and Singapore. Despite having no branches in the UK, it has sponsored Liverpool FC ...

Posted on 23/02/2024

T-bills in Singapore: What it is, how to buy and the latest cut-off yield (20 February 2024)

The latest six-month Treasury Bills (T-bills) that was issued on 20 February 2024 had a cut-off yield of 3.66 per cent per annum, and the cut-off price was 98.175.With a S$13.5 billion total amount ...

Posted on 23/02/2024

StanChart CEO’s pay soars to $13.3 million, highest since 2015

SINGAPORE – Standard Chartered chief executive Bill Winters saw his total pay package rise 22 per cent in 2023. Winters’ total remuneration climbed to £7.8 million (S$13.3 million) last year, from ...

Posted on 23/02/2024

12 best cashback credit cards in Singapore (2024)

Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you're still one of those people who believe that cash is king, getting ...

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