For the first time in two years, Hong Kong has reclaimed its position as Asia’s leading financial hub, surpassing Singapore, as revealed in the latest semi-annual Global Financial Centres Index ...
Shein makes rare job cuts in Singapore as London IPO remains in limbo
The job cuts come as Shein is in the process of applying for an IPO in London after it abandoned an earlier plan to go public in New York amid political pushback from US lawmakers. It has since faced ...
StanChart Singapore pays up to diversify as covered premiums ‘creep higher’
Premium paid debated ◆ Uncertainty about tenor chosen ◆ More covered supply to come as issuers adapt to higher premiums ...
DBS moving to raise China securities joint venture stake to 91%, group CEO says
DBS Group chief executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. Read more at The ...
Singapore’s dismal IPO market has companies eyeing Malaysia
In contrast, only one company has debuted thus far in Singapore, which is on track for its lowest annual volume of initial public offerings (IPOs) since 1998. Relative political stability, eased ...
Singapore sets aside S$2.1 billion of green bond proceeds for electric rail expansion in FY2023
SINGAPORE has allocated about S$2.1 billion from its green bond proceeds to finance the expansion of its electric rail network – specifically the Jurong Region Line and Cross Island Line – in its 2023 ...
Citibank to close last branch in Singapore in October amid shift to wealth hubs
Citi currently has three wealth centres here, in Orchard Road, Parkway Parade and Holland Village. Read more at straitstimes.com.
DBS moving to raise China securities joint venture stake to 91%, CEO says
DBS Group Chief Executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. The comments came ...
Singapore stocks declined on Wednesday—STI fell by 0.4%
The Straits Times Index (STI) fell by 0.4%, or 14.52 points, to 3,608.22 by 9:02 am, as reported by The Business Times. In the broader market, 90 stocks gained, while 40 declined after a total of 56.8 ...
Singapore bank UOB trims Vietnam’s 2024 growth forecast to 5.9% on typhoon Yagi
Singapore-based United Overseas Bank (UOB) has revised down its GDP growth forecast for Vietnam by 0.1 percentage point to 5.9% this year due to the damage caused by super typhoon Yagi.
4 Singapore Blue-Chip Stocks Punching Through Their All-Time Highs: Are They a Screaming Buy?
It’s not often that stocks surpass their all-time highs, but does this achievement make them a compelling buy? The post 4 Singapore Blue-Chip Stocks Punching Through Their All-Time Highs: Are They a ...
“2 days already!” — Singaporeans getting impatient with NETS’ payment service disruption
SINGAPORE: The interruption to NETS payments services that began on Monday (Sept 23) is apparently still ongoing for some Singaporeans. This has left some users feeling disappointed and frustrated.
The UOB One Card Now Offers up to 20% Cashback—but Here’s the Catch (MoneySmart Review 2024)
Does earning 20% cashback on a credit card sound like a dream? UOB's just made that dream a reality with their UOB One Card. The UOB One Card has always been one of the best credit cards for cashback ...
CapitaLand Investment extends partnership with SkillsFuture Singapore to uplift workforce and accelerate business transformation in retail sector
As a SkillsFuture Queen Bee, CapitaLand Investment partnered more than 300 companies to upskill over 1,500 of their employees since 2022 ...
Can ERIC Stock Gain From the Debut ARRP Deployment for Singtel?
Singtel, a leading telecom operator in Singapore, recently announced that it has become the first company in the world to commercially deploy Ericsson’s ERIC newly launched Automated Radio Resource ...
Hong Kong overtakes Singapore as Asia’s top financial centre, influential ranking shows
Hong Kong regains top billing in Asia from Singapore for the first time since September 2022, when the city remained closed due to the pandemic.