SHEFFIELD Green, which provides human resources for the renewable energy sector, closed at S$0.191 on its trading debut on the Singapore Exchange’s (SGX) Catalist board on Monday (Oct 30) – 23.6 per ...
HSBC plans US$3 billion share buyback, CEO touts capital strength
I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...
HSBC Q3 profit misses estimates, to buy back US$3 billion of shares
HSBC Holdings reported on Monday a 240 per cent increase in third-quarter pre-tax profit as higher interest rates boosted the bank’s profitability and helped it fund a fresh US$3 billion share buyback ...
HSBC gives $3bn boost to investors as profits double
HSBC saw profits in the third quarter more than double to $7.7 billion thanks to higher interest rates, figures likely to lead to fresh calls for banks to boost savings rates. The London-listen lender ...
How tokenisation unlocks ‘US$3 trillion opportunity’ in Asia’s retail investment market
Private firms are exploring tokenisation of real-world assets such as carbon credits as a means to open up niche markets to millions of small retail investors.
Bank customers in SG advised to switch to push notifications as they are more secure than SMSes
SINGAPORE: Consumers should switch to push notifications instead of SMS alerts for digital banking because they are safer and more secure, experts told The Straits Times.
Singapore’s central bank proposes engagement, over divestment, for decarbonising finance firms
Experts have lauded the Singapore regulator's transition planning guidelines as one of the most comprehensive for the financial sector thus far, but call for more clarity over when divestment could be ...
Bank customers advised to switch to push notifications as they are more secure than SMSes
Traditional SMS messages lack encryption and are inherently insecure, and can be spoofed by scammers. Read more at straitstimes.com.
CGS-CIMB and DBS trim respective target prices for Sheng Siong
"We deemed Sheng Siong's current valuation as attractive, as it is currently trading close to its historical trough valuation of 15.3x forward earnings," write Ong and Tan, who have an "add" call on ...
Why OCBC is doubling down on generative AI
Generative AI is also transformational as it can help increase speed to market. He explains: “The large language models (LLMs) used in generative AI are general-purpose so one model can be repurposed ...
Singapore’s netball team wins Nations Cup, ending 16-year title drought
SINGAPORE: Singapore's national netball team emerged victorious over Papua New Guinea in the final of the Mirxes Nations Cup on Saturday (Oct 28), ending a 16-year title drought with a 59-56 win at ...
DBS, UOBKH and CGS-CIMB analysts keep ‘buy’ and ‘add’ calls on Mapletree Industrial Trust, Citi remains ‘neutral’
This follows the REIT’s 2QFY2023/2024 ended Sept 30 results with “healthy gearing” and robust rental reversions, say analysts.
Sheffield Green makes Catalist debut at S$0.21, 16% below IPO price
SHEFFIELD Green, which provides human resources for the renewable energy sector, started trading under the code “SGR” on the Singapore Exchange’s Catalist board on Monday (Oct 30). Read more at The ...
79% of Standard Chartered’s profits come from Singapore and Hong Kong
Two cities are subsiding the entire rest of the bank,” wrote Mr Zeno Toulon in a piece for efinancialcareers.com, a leading global financial services careers website ...
Malaysia PM Anwar in Singapore for leaders’ retreat with PM Lee
MALAYSIAN Prime Minister Anwar Ibrahim is making a two-day visit to Singapore from Sunday (Oct 29) to attend the Singapore-Malaysia Leaders’ Retreat at the invitation of Prime Minister Lee Hsien Loong ...
Singapore Central Bank Chief Unfazed by Suddenly Hawkish Peers
Singapore’s monetary policy “remains appropriately tight,” according to the city state’s central bank chief Ravi Menon who signaled that authorities aren’t necessarily under pressure to do more even ...