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Tag: banking

Posted on 11/04/2024

Renewed Consolidation Called For Singapore Shares

(RTTNews) - Ahead of Wednesday's holiday for Eid-ul-Fitr, the Singapore stock market had ended the two-day losing streak in which it had shed almost 20 points or 0.6 percent. The Straits Times Index ...

Posted on 11/04/2024

Singapore financial institutions consistent with global trends for gender balance: report

The global Gender Balance Index tracks the gender balance in senior roles across 335 institutions like public pension funds and commercial banks. Read more at straitstimes.com.

Posted on 11/04/2024

UOB prices A$1.25 billion in unsecured bonds

UOB (Sydney) has priced A$1.25 billion (US$ 827.13 million) in three-year unsecured notes consisting of two tranches – A$950 million in floating rate senior unsecured notes due 2027, priced at the ...

Posted on 10/04/2024

Singapore and Germany to work towards a strategic partnership

Both sides agreed to do so in recognition of the growing depth and breadth of bilateral ties. Read more at straitstimes.com.

Posted on 10/04/2024

IPO market 2024: SGX faces stiff international competition as markets recover

There will be a lot more competition for IPOs, and the (SGX) will have to work hard and think of innovative ways to attract good IPOs.” — OCBC ...

Posted on 10/04/2024

WWF’s Singapore CEO on financing green and DFIs

WWF Singapore CEO Vivek Kumar on the role of public markets in the sustainability ecosystem, including development finance institutions (DFIs).

Posted on 10/04/2024

HSBC Takes $1 Billion Hit From Argentina Sale as Asia Pivot Continues

(Reuters) -HSBC Holdings said on Tuesday that it will sell its Argentina business to Grupo Financiero Galicia, the country's largest private financial group, in a deal valued at $550 million. The Asia ...

Posted on 10/04/2024

Singapore Passes Significant Investments Review Bill in Relation to Transactions Involving National Security Assets

The investment outlook for Singapore in 2024, appears to have begun on a similar footing. The Result: On 9 January 2024, the Singaporean Parliament passed the Significant Investments Review Bill (the ...

Posted on 09/04/2024

Singapore stocks rise amid mixed regional sentiment

Across the broader market, gainers beat losers 382 to 210, after 1.6 billion securities worth $979.9 million changed hands. Read more at straitstimes.com.

Posted on 09/04/2024

German firms eyeing Asean expansion, see Singapore as gateway: DPM Wong

There is growing interest among German companies to expand into Asean, and use Singapore as a gateway to the region, said Deputy Prime Minister Lawrence Wong. He had met several key German industry ...

Posted on 09/04/2024

HSBC to accelerate China wealth expansion, on track to meet hiring target

HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the ...

Posted on 09/04/2024

Is The UOB One Credit Card The Best Cashback Card For Dining and Shopping?—MoneySmart Review 2024

Alright, so here's the deal: loads of credit cards out there offer cashback rates that are barely scratching the 2% mark. And then you've got these other ones that lure you in with sweet deals for ...

Posted on 09/04/2024

Analysts remain ‘overweight’ on Singapore banks; UOB Kay Hian lifts DBS’s and OCBC’s FY2025 earnings forecasts

UOB Kay Hian's Jonathan Koh has also lifted his target prices for DBS and OCBC to $43.25 and $18.15 respectively.

Posted on 09/04/2024

Is DBS Singapore’s indispensable stock?

WHEN interest rates were low, many assets had lofty valuations.

Posted on 09/04/2024

HSBC to Book $1 Billion Pretax Loss on Sale of Argentina Unit

HSBC Holdings Plc agreed to sell its business in Argentina and will book a hit of $1 billion from the disposal to its pre-tax earnings in the first quarter.

Posted on 09/04/2024

Singapore agritech startup Peptobiotics bags US$6.2 million in Series A

SINGAPORE-BASED agritech startup, Peptobiotics, has raised US$6.2 million in a Series A funding round. The oversubscribed round was led by aquaculture investment, consulting and media company Hatch ...

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