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Tag: banking

Posted on 11/04/2023

Mirxes applies for Singapore IPO, but may be lured by Hong Kong

HOMEGROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...

Posted on 11/04/2023

5 Singapore Stocks Warren Buffett Will Feel Comfortable Buying

United Overseas Bank, or UOB, is Singapore’s third-largest bank by market capitalisation. The bank provides a comprehensive range of banking services to individuals and corporations. UOB reported a ...

Posted on 11/04/2023

Singapore stocks see muted trading as caution reigns ahead of key data; STI up 0.1%

In the wider Singapore market, gainers outnumbered losers 305 to 256 ... Genting Singapore was the most actively traded constituent stock. The integrated resort operator fell 0.9 per cent or S$0.01 to ...

Posted on 11/04/2023

Hin Leong founder and former oil tycoon OK Lim on trial for instigating forgery, cheating HSBC in US$111.7 million case

At the time of the alleged offences, Lim was the managing director and 75 per cent shareholder of Hin Leong Trading, an oil trading company incorporated in Singapore. The prosecution's case is that ...

Posted on 11/04/2023

High-profile trial of Singapore’s former oil tycoon OK Lim begins

According to prosecutors, the offences committed between Mar 19 and Mar 23, 2020 had allegedly “induced” HSBC to disburse nearly US$112 million to Hin Leong Trading. The offences carry a maximum ...

Posted on 11/04/2023

Singapore Oil Trader OK Lim on Trial in $3.5 Billion Case

Hin Leong’s fallout was the biggest among a string of failures in Singapore’s commodities sector in recent years. HSBC and DBS Group Holdings Ltd. are among the bank creditors which provided trade ...

Posted on 11/04/2023

HSBC Revolution Card’s 10x points with $0 minimum spend: Is there a catch?

HSBC Revolution, by contrast, lets you earn bonus points more easily-almost anything can be paid for online these days, and contactless payment is very widely accepted in Singapore and many other ...

Posted on 11/04/2023

Rich Chinese splashing out on luxury have yet to invest big in Singapore

Hedge funds, banks and private equity firms say there has been a relative pittance of new business from ultra-rich Chinese emigres. Read more at straitstimes.com.

Posted on 11/04/2023

4 Singapore REITs That Boast Consistent DPU Increases

That said, it is not enough to just select any REIT out of the myriad of choices on the Singapore stock market. What you need to look for are REITs with a track record of consistent increases in their ...

Posted on 10/04/2023

JJ Lin appears to hit back at talk that he lost money investing in virtual property

He bought land in the metaverse for $163,000 in 2021 but its value has dropped by 90 per cent. Read more at straitstimes.com.

Posted on 10/04/2023

Guide to the Best Cash Management Accounts in Singapore (2023)

Cash management accounts in Singapore are high in liquidity and without lock-in periods, however they can only be opened with financial institutions such as brokerages, investment platforms or ...

Posted on 10/04/2023

How Singapore’s largest bank used technology to make banking more seamless

Insiders at Singapore's largest lender, DBS, share about the marketing and content development strategy used to meet customer needs.

Posted on 10/04/2023

Injury-hit Springbok Sevens stumble in Singapore

It was another day of mixed results and emotions for the Springbok Sevens team in Singapore, where the Blitzboks beat Ireland before losing to Spain for the first time in the HSBC World Rugby Sevens ...

Posted on 10/04/2023

Sembcorp Marine finance chief heads for the door

William Goh had steered company through industry downturn and completion of merger with Keppel Offshore & Marine ...

Posted on 10/04/2023

D-Street New Week Opening Triggers: Dow Futures, SGX Nifty, Asian Stocks

The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, traded 0.08% or 15 points lower at 8:40 am on Monday, indicating a lower opening on Dalal Street.

Posted on 10/04/2023

Stock Market Live: Sensex, Nifty 50 poised for a muted start, Asian indices mixed

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open flat on first trading day of the week tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty ...

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