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Tag: banking

Posted on 04/01/2023

Singapore’s private exchange ADDX serves untapped Asian assets

ADDX lists and trades some of the most illiquid but higher-yielding assets in small ticket sizes. SINGAPORE: A private market exchange run by a Singapore-based startup has been named one of the ...

Posted on 04/01/2023

Market LIVE Updates: SGX Nifty futures indicate negative start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Wednesday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...

Posted on 04/01/2023

Singapore banks seeing growth slowdown, UOB top pick: CGS-CIMB

Singapore’s banks are seeing a slowdown in growth, with more modest gains ahead amid a softer GDP outlook, write CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee. In a Jan 2 note, Choong and ...

Posted on 04/01/2023

Singapore Savings Bond opens for Feb issuance with interest rates under 3%

THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market ...

Posted on 03/01/2023

Singapore Savings Bond opens for February issuance with interest rates under 3%

THE interest rates for the latest Singapore Savings Bond (SSB) have further slipped to 2.84 per cent for the first year and 2.97 per cent for the 10-year average, even as other short-term market ...

Posted on 03/01/2023

Singapore DPM Wong says Budget 2023 on Feb 14 is his ‘Valentine’s Day present’ to help Singaporeans cope with rising costs

With more measures to help Singaporeans cope with the rising cost of living, Budget 2023 that will be unveiled on Feb 14 will be Deputy Prime Minister ...

Posted on 03/01/2023

Singapore’s Standing in the Global Art Market Could Rise as International Galleries Flock to the City

Tan is a Singaporean art adviser who previously served as the executive director of global artistic programs and deputy director at New York’s Asia Society Museum. He was also director of Marc Straus ...

Posted on 03/01/2023

StanChart ups maximum interest rate on Bonus$aver to 7.88%

SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...

Posted on 03/01/2023

Singapore PMI resumes downward trend, slides deeper into contraction

SINGAPORE’S overall factory activity resumed its downward trajectory in December, deeper into contraction territory, after a surprise uptick in November. Read more at The Business Times.

Posted on 03/01/2023

StanChart ups maximum interest rate on Bonus$aver to 7.88%, now the highest of savings accounts here

SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...

Posted on 03/01/2023

Singapore stocks start the year mixed; STI down 0.2%

SINGAPORE shares traded mixed on Tuesday (Jan 3), the first trading day of the year, after a volatile 2022. Read more at The Business Times.

Posted on 03/01/2023

Singapore’s market is seen as boring, but here’s my case for it

LAST year was, to put it mildly, a roller coaster for global markets. The Russia-Ukraine war, inflation and interest rate hikes were just some of the incidents that contributed to the volatility. Read ...

Posted on 03/01/2023

Commentary: 8 ways young Singaporeans can improve on personal finance in 2023, and why starting early helps

As the new year begins and in the light of a high inflationary environment and economic uncertainties, it is an opportune time for everyone, especially young adults, to spring-clean their finances, ...

Posted on 03/01/2023

Knights’ New Year Global Strategy Conference Will Be Opened In Singapore To Promote The New Wave Of Digital Finance

Global Strategy Conference will be opened in Singapore to promote the new wave of digital finance Singapore - January 3, ...

Posted on 03/01/2023

Bank of Singapore confirms appointment of Jason Moo as new CEO

Bank of Singapore (BoS), the private banking arm of Oversea-Chinese Banking Corporation (OCBC), announced that it has appointed Jason Moo as its new CEO on Jan 3. BoS’s announcement comes after ...

Posted on 03/01/2023

Singapore shares start 2023 in negative territory; STI down 0.3%

SINGAPORE stocks pulled back on Tuesday’s (Jan 3) open, with banks and index counters recording losses in the first trading session of the year. Read more at The Business Times.

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