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Tag: banking

Posted on 12/06/2023

S’pore to play larger role in HSBC’s Asian growth plan

SINGAPORE - London-headquartered banking group HSBC is carving out a bigger role for Singapore as a regional hub as it expands in Asia, with the city receiving funds from a US$6 billion (S$8.1 billion ...

Posted on 12/06/2023

Neo Performance Material to Invest $84.7M in Singapore Subsidiary

By Adriano Marchese Neo Performance Materials said Monday that it will buy $84.7 million worth of shares in its wholly-owned direct subsidiary in ...

Posted on 12/06/2023

Neo Performance Materials to Invest in Singapore Entity

Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) has entered into a subscription agreement providing for the purchase of up to US$84.7 million of ordinary and preference shares of ...

Posted on 12/06/2023

Stock Market Live: Sensex, Nifty 50 trade higher, BPCL, Tata Motors, SBI Life top gainers

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 72.5 ...

Posted on 12/06/2023

Singapore Airlines names JoAnn Tan as new finance head

Singapore Airlines said on Monday it has appointed JoAnn Tan as its new chief financial officer (CFO), replacing Tan Kai Ping who will now take over as executive vice president-operations and chief ...

Posted on 12/06/2023

Singapore bank DBS deepens focus on booming family office business

Singapore lender DBS Group is stepping up its focus on the business of family offices, where its assets have surged in the last two years.

Posted on 12/06/2023

POSB debit cardholder fraudulently charged for ‘ChatGPT subscription’ — and he’s not the only one

A POSB debit cardholder discovered a fraudulent charge for a "ChatGPT subscription" on May 7 in his account and learnt he was not alone. Other bank card holders also reported deductions for "ChatGPT ...

Posted on 12/06/2023

Morning Buzz: Ola Electric’s delayed IPO gets steam, government to review PLI scheme, and more

Now, to review and resolve matters across all 14 ministries, the government will hold a first-of-its-kind review and seek feedback to resolve noticeable issues which the companies could be facing. The ...

Posted on 12/06/2023

Ola Electric Wants To Plug Into Global Investors For Billion-Dollar IPO

Indian electric scooter manufacturing giant, Ola Electric, plans to engage with investors in Singapore and the United States to discuss its anticipated initial public offering (IPO) over the next week ...

Posted on 12/06/2023

Goldman Sachs Cuts Iron Ore Price Forecast, Citing Steel Overhang In China And Slower Recovery In Property Sales, Citibank Is Also Bearish On Iron Ore

Although Singapore's iron ore swap has reached the $110/mt mark, Citibank expects iron ore to resume its decline and advises traders to sell during the rebound. Citibank cut its price forecasts for ...

Posted on 12/06/2023

POSB debit cardholder discovers fraudulent US$20 charge for ‘ChatGPT subscription’ and so do others

A POSB debit cardholder discovered a fraudulent charge for a "ChatGPT subscription" on May 7 in his account and learnt he was not alone. Other bank card holders also reported deductions for "ChatGPT ...

Posted on 12/06/2023

UOB Kay Hian upgrades Marco Polo Marine to ‘buy’ with higher target price of 6 cents

UOB Kay Hian analysts Heidi Mo and John Cheong have upgraded Marco Polo Marine 5LY % In their report dated June 12, the analysts see “encouraging times ahead” for the company, noting several tailwinds ...

Posted on 12/06/2023

Singapore’s economy set to slow, as Hong Kong roars back to life: survey

A tourism-supported consumption-driven rebound is boosting Hong Kong’s ‘short-term cyclical prospects’, economists say. Singapore, meanwhile, may be entering a technical recession.

Posted on 12/06/2023

Stock Market Live: Sensex, Nifty 50 expected to open higher tracking global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 72.5 ...

Posted on 12/06/2023

Ola Electric IPO plans: Bhavish Aggarwal to hold investor meet

Ola competes with names like TVS Motors, Ather Energy and Hero Electric in India's fast expanding EV scooter space.

Posted on 12/06/2023

MediSave top-ups for Singapore’s elders to be disbursed in July 2023

These can be used to pay the premiums for MediShield Life, CareShield Life, ElderShield and other MediSave-approved plans, as well as medical expenses such as hospitalisation, day surgeries, and ...

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