The Singapore stock market has moved lower in three straight sessions, falling more than 70 points or 2.6 percent along the way. The ...
3 Singapore Blue-Chips with Share Prices at a 52-Week Low: Are They a Bargain?
We sift out three Singapore blue-chip stocks whose share prices have hit ... However, distribution per unit (DPU) fell by 12.8% year on year to S$0.0218 because of higher finance costs and weaker ...
Asian Banking Giant DBS Is Patiently Wading Into Crypto
One seasoned traditional finance player wasn’t in much of a rush, though. Singapore-based DBS Bank, a regional banking behemoth headquartered in the same venue as the conference, Marina Bay Sands, ...
Temasek hires Goldman Sachs for Singapore Power’s 40% stake sale in Aussie energy firm Jemena – AFR
Temasek has hired Goldman Sachs to find a buyer for its unit Singapore Power's 40% stake in Australian gas and electricity distributor Jemena, the Australian Financial Review reported on Wednesday.
Why the bank of the future is not really a bank
In the past year, ANEXT Bank has been embarking on discovering the best way to service Singapore’s underserved small and medium enterprises (SMEs). Business loans were offered for as low as S$5,000 ...
Singapore Reits hammered by interest rate fears as bond yields soar
While the higher-for-longer outlook for interest rates has mauled stock markets, the real estate segment, and in particular the Reits sector, has borne the full force of the sell-down this week. Many ...
9 in 10 S’porean finance leaders spend their time on manual back-office tasks
About 40% of finance leaders in Singapore prioritise investments in automation. 89% of finance leaders in Singapore spend more than half of their time on these manual back-office tasks significantly ...
UOB joins LCH as a member of SwapClear and ForexClear
The bank’s inclusion marks the completion of all Singapore local banking groups joining as direct members of SwapClear.
S-REITs not yet in vogue, DBS continues to favour industrial and retail subsectors
Although the US Federal Reserve’s (Fed) guidance of tighter monetary conditions is restricting Singapore REITs (S-REITs) near-term re-rating potential, DBS Group Research analysts do not see major ...
UOB forms sustainability advisory panel
Singapore-based UOB has set up a sustainability advisory panel comprising sustainability and industry experts to independently advise the bank’s board and management on its sustainability strategy, ...
Elderly Singapore man pays US$51,000 for imaginary Peking duck as scammers steal his life savings
The 74-year-old said he was attracted by a deal on Facebook offering 1.5kg of Peking duck for the equivalent of US$17.30. It ended up costing him almost US$51,000.
Singapore Defends Reputation As $2 Bn Money Laundering Case Widens
Reports that China had put any pressure on Singapore to resolve the case were "completely untrue," she added. Second Minister of Finance Indranee Rajah said an inter-ministerial committee will be ...
Govt says S$2.8b money laundering case enforcement shows S’pore’s commitment to keep clean
MAS has a three-pronged strategy to bolster the country's defences against money laundering and terrorism financing risks.
UOB appoints WEF, Schneider Electric, Seatrium leaders to new sustainability advisory panel
The trio of sustainability and industry experts will advise UOB’s leaders on its sustainability strategy, targets and initiatives.
UOB sets up Sustainability Advisory Panel with appointment of sustainability and industry experts
UOB has set up a Sustainability Advisory Panel comprising sustainability and industry experts to independently advise the Bank's Board and Management on its sustainability strategy, targets and ...
DBS partners with The Secret Little Agency to show their support for Singapore’s hawkers
Like many business owners in Singapore, food hawkers are in a tough spot. Most of them would rather not raise prices or reduce their portions, but the realities of rising inflation, rental costs and ...