SINGAPORE: Two people who were targeted in separate scam schemes managed to avoid losses of more than S$218,900 after the police’s Anti-Scam Centre (ASC) and the victims’ banks stepped in.
DBS upgrades PropNex to a ‘buy’ rating, lifts target price on expected ‘rebound’ in property market
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter by 21.1 per cent to S$1.15 from S$0.95 previously. Read more ...
GIC’s investment chief to step down from Singapore sovereign wealth fund, sources say
Deputy group CIO Bryan Yeo expected to be promoted to the top investment role in April, sources say. Read more at straitstimes.com.
Singapore leads SEA fintech funding with $995m raised in 2024
The city also led fintech funding in Q3 2024. In 2024, Singapore emerged as the top city contributing to fintech funding in Southeast Asia (SEA), raising a total of $995m, Traxcn reported. Jakarta ...
DBS redeems $1b perpetual securities at 3.30% on 27 February
The securities were issued under the 2020 US$3b Global Medium Term Note Programme. DBS Group Holdings announced that it has elected to and will redeem all of the outstanding $1b securities at 3.30% on ...
Zepto gets NCLT nod for reverse flipping ahead of its IPO this year
Zepto receives approval for reverse flip to India from Singapore, paving the way for IPO and domestic investments.
Standard Chartered opens door to EU digital asset market
"Standard Chartered opens door to EU digital asset market" was originally created and published by Private Banker International, a GlobalData owned brand.
Singapore’s NUS Adopts Blockchain for Green Bond ESG Reporting
The move marks a significant milestone for NUS, making it the first university in Singapore to integrate blockchain into ESG reporting.
Chinese EV brands make their presence known at the Singapore Motor Show
BYD's new luxury supercar, the Yangwang U9, stole the show with its "dance" in a massive booth near the exhibition's entrance.
Best Fixed Deposit Rates to Start 2025
Below are the best fixed deposit rates offered by the Singapore banks to start 2025. They are also the best fixed deposit rates for Chinese New Year (CNY) that falls in January 2025. In December 2024, ...
UOB raises Vietnam’s 2025 GDP growth forecast to 7%
UOB announced the revised forecast in its latest report released last Thursday, after Vietnam achieved a GDP growth rate of 7.09 percent in 2024, higher than the year’s target of 6.5 percent and ...
GIC’s Investment Chief to Step Down From Singapore Wealth Fund
GIC Pte’s Chief Investment Officer Jeffrey Jaensubhakij plans to step down after almost three decades at the Singaporean firm, one of the world’s biggest sovereign wealth funds, according to people ...
Singapore sovereign wealth fund GIC’s CIO to resign, Bloomberg News reports
Singapore's sovereign wealth fund GIC's chief investment officer Jeffrey Jaensubhakij will resign after three decades with the firm, Bloomberg News reported on Monday, citing unnamed people familiar ...
NUS tokenises green bond data with support from Northern Trust, UOB
Conducted as part of the Monetary Authority of Singapore’s Project Guardian, Northern Trust will use its Matrix Zenith digital assets platform to mint and hold a green bond reporting token.
Signing of Johor-Singapore SEZ agreement to boost economy
The signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement marks a pivotal moment in Johor's economic transformation, said Mentri Besar Datuk Onn Hafiz Ghazi.
Morningstar raises target prices on all three Singapore banks by 3%-6%
The Fed may be more likely to hold than to cut US interest rates, and this shift in stance may help maintain margins.