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Tag: banking

Posted on 27/01/2023

Singapore police investigating 271 suspects for over 950 scam cases

A total of 271 people are under probe by the police for more than 950 scam cases, as they are suspected of being perpetrators of scams amounting over $5.3 million.

Posted on 27/01/2023

Las Vegas Sands To Invest $6.8 Billion In Singapore, Macau Amid Asian Casino Boom

Las Vegas Sands—controlled by the family of the late casino billionaire Sheldon Adelson—is investing $6.8 billion in Macau and Singapore to expand its presence in Asia amid a gaming boom across the ...

Posted on 27/01/2023

Market LIVE Updates: Sensex and Nifty 50 poised for a positive start tracing global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher on the last trading day of the week amid largely positive cues from global markets. Singapore Exchange Nifty futures, ...

Posted on 27/01/2023

Time for Singapore’s biggest investors to lay out their own ultimatums for companies

OF THE many panels and discussions I attended while at the World Economic Forum in Davos, my favourite was one by the chief of Norges Bank Investment Management. Nicolai Tangen criticised the boards ...

Posted on 27/01/2023

Foreign currency fixed deposits see more takers amid rising interest rates, strong Singdollar

Banks in Singapore are now offering higher interest rates for some foreign currency fixed deposits than Singdollar deposits.

Posted on 26/01/2023

Dollar wobbles near eight-month low ahead of central bank meetings

The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on guard ahead of a slew of central ...

Posted on 26/01/2023

Singapore: Headline inflation seen at 5.0% in 2023 – UOB

Senior Economist at UOB Group Alvin Liew reviews the recently published CPI results in Singapore. Key Takeaways “Headline and core CPI inflation further converged in Dec (2022).

Posted on 26/01/2023

Yew Kee Duck Rice, Chicha San Chen franchise operator to raise S$16.6m in Catalist IPO

YKGI on Thursday (Jan 26) launched its initial public offering (IPO) for a listing on the Catalist board of the Singapore Exchange (SGX). The group, which is best known as the operator of Yew Kee Duck ...

Posted on 26/01/2023

Dollar skulks at eight-month low, central bank meetings in focus

The dollar fell to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears ahead of a slew of central bank meetings next week ...

Posted on 26/01/2023

RHB Singapore offers exclusive 4.28% p.a. fixed deposit rate at refreshed Cecil branch

Customers will also be able to get up to $2,888 in cash credits when they purchase insurance policies till Jan 31.

Posted on 26/01/2023

Paragon REIT ‘one of the key beneficiaries’ of Singapore’s reopening; upgrade to ‘buy’: DBS

To this end, Paragon REIT will also stand as one of the key beneficiaries of the opening. The REIT has the largest exposure to Orchard retail, with Paragon mall anchoring 65% of its portfolio (by ...

Posted on 26/01/2023

Singapore to continue investing in local tech talent despite lay-offs at tech giants: Josephine Teo

SINGAPORE: Singapore will continue to invest in developing local tech talent despite recent lay-offs at tech giants as this is "the right thing to do", Minister for Communications and Information ...

Posted on 26/01/2023

Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance

Singapore and the United Kingdom came to an agreement to deepen bilateral cooperation on fintech and sustainable finance.

Posted on 26/01/2023

RHB SINGAPORE CELEBRATES OPENING OF REFRESHED HEADQUARTERS WITH EXCLUSIVE 4.28% PER ANNUM FIXED DEPOSIT RATE

The main branch includes a Business Banking Centre where clients can access teams of industry specialists and relationship managers. RHB Singapore embarked on a strategic transformation of its retail ...

Posted on 26/01/2023

Dollar wobbles near eight-month low ahead of c.bank meetings

The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on guard ahead of a slew of central ...

Posted on 26/01/2023

Singapore’s latest one-year Treasury bill offers 3.87% yield

SINGAPORE’S first Treasury bill (T-bill) with a one-year tenor in 2023 closed its auction with a cut-off yield of 3.87 per cent on Thursday (Jan 26). Read more at The Business Times.

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