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Tag: banking

Posted on 16/05/2023

Share Market outlook today: Nifty, Bank Nifty may rise amid favourable global cues; check support, resistance

NSE Nifty 50 has support at 18350-18290 while resistance at 18460-18500. Bank Nifty has support at 43722-43453 while resistance at 44167-44343.

Posted on 16/05/2023

Liverpool to play pre-season friendlies against Bayern Munich and Leicester City in Singapore

Liverpool have confirmed they will play two games against Bayern Munich and Leicester City in Singapore as part of their preparations for the 2023-24 season. Jurgen Klopp’s squad will report back to ...

Posted on 16/05/2023

OCBC embarks on decarbonisation pledge in six sectors, including oil and gas

SINGAPORE - Singapore-listed lender OCBC on Tuesday pledged to embark on decarbonisation targets in six carbon-intensive sectors, in a move that will have it join the other two local banks in their ...

Posted on 16/05/2023

This Singapore Based Bank Is Offering 8% Interest On Fixed Deposits

Singapore based DBS Bank's Indian subsidiary is offering high interest rates. The bank is offering as much as 7% interest on savings account. A deposit of 2 years 6 months 1 day & less than 3 years ...

Posted on 16/05/2023

Singapore’s deputy prime minister Lawrence Wong visits Ant and Nio in Shanghai as part of China trip

Ant's chairman Eric Jing Xiandong introduced the company's history and Singapore operations to Wong Wong is also expected to meet Chinese Premier Li Qiang and Vice-Premier Ding Xuexiang in Beijing ...

Posted on 16/05/2023

How Much Does It Cost to Build a Digital Bank in ASEAN?

Building a digital bank in ASEAN can face several common cost obstacles before it is ready to compete against incumbents.

Posted on 16/05/2023

CapitaLand Ascendas REIT deepens presence in one-north, Singapore with acquisition of Seagate’s R&D facility for S$218.2 million

CapitaLand Ascendas REIT Management Limited, as the manager (the “Manager”) of CapitaLand Ascendas REIT (“CLAR”), is pleased to announce the pro ...

Posted on 16/05/2023

Singapore Blue-Chip Stocks That Reported Sterling Profits: Can Their Share Prices Rise?

OCBC is Singapore’s second-largest bank and offers a comprehensive range of banking services for individuals and corporations. For its fiscal 2023’s first quarter (1Q 2023), the lender reported an ...

Posted on 16/05/2023

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY. The big three banks of Singapore –- DBS, OCBC, and UOB –- saw sizable expansions in their respective net interest margin (NIM) in ...

Posted on 16/05/2023

HSBC aims to grow its Asian business amid pressure from top shareholder Ping An

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...

Posted on 15/05/2023

Singapore Digital Banks Behind The Regulatory Times

The digital banking ecosystem among Southeast Asia's approximately 687 million inhabitants is diverse. Some ASEAN members, including the ...

Posted on 15/05/2023

Prince William And Kate Middleton To Attend The 2023 Earthshot Prize In Singapore

The Prince and Princess of Wales, William and Kate Middleton, are all set to attend the 2023 Earthshot Prize ceremony. The third annual award show is to be held in Singapore on 7 November 2023.

Posted on 15/05/2023

As China re-opens, ‘old friends’ from Singapore get a head start in resuming ties

A month before China resumed issuing all visas to foreigners on March 15, Singaporean businessman Tony Du received an invitation to visit the country from the Sichuan provincial government’s overseas ...

Posted on 15/05/2023

HSBC targets Asia growth amid pressure from top shareholder

The banking giant said it wants to grow revenues and lending in Asia after facing calls to split the bank in two.

Posted on 15/05/2023

Igniting Innovation in Singapore: The CIO view

According to State of the CIO 2023 findings, 90% of CIOs say that their role is becoming more digital and innovation focused. Yet such ambitions come with a caveat as CIOs build a foundation for ...

Posted on 15/05/2023

HSBC targets ‘mid-teens’ Asia returns amid Ping An pressure

Top shareholder Ping An Insurance Group has criticized the bank’s current model in Asia as being inefficient. Read more at straitstimes.com.

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