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Tag: banking

Posted on 20/03/2023

Credit Suisse to continue operating in Singapore with ‘no interruptions or restrictions’: MAS

Credit Suisse Group AG will continue to operate in Singapore with “no interruptions or restrictions”, says the Monetary Authority of Singapore (MAS) on March 20. The central bank’s announcement comes ...

Posted on 20/03/2023

Singapore banking system “sound”, Credit Suisse exposure “insignificant”, central bank says

Credit Suisse, the second largest bank in Switzerland, operates a branch in Singapore that focuses primarily on private and investment banking. It does not serve retail customers.

Posted on 20/03/2023

WTT Singapore Smash: All-China singles finals see world No.1s triumph

winning the men's and women's singles titles respectively at the WTT Singapore Smash tournament at OCBC Arena on Sunday (19 March). Fan, 26, retained the men's singles title with an 11-5, 13-11, 8-11, ...

Posted on 19/03/2023

5 best travel insurance with Covid-19 coverage in Singapore (2023)

DBS travel insurance is one of the most popular travel insurance plans in Singapore. It's underwritten by Chubb, which has great worldwide reputation and recognition as the world's largest publicly ...

Posted on 18/03/2023

DBS PayLah! accepted at popular JB malls, supermarkets

SINGAPORE: Forgotten to bring enough Malaysian ringgit after crossing the Causeway? Customers of DBS Paylah! can instead pay via a UnionPay QR code when travelling to Malaysia and other tourist ...

Posted on 18/03/2023

Analysts remain ‘overweight’ on Singapore banks; SVB seen as a ‘non-event’ for the sector

Analysts are remaining positive on the Singapore banking sector following the collapse of US banks, Silicon Valley Bank (SVB) and Signature Bank. SVB closed on March 10 while Signature Bank was shut ...

Posted on 18/03/2023

DBS lowers Q&M Dental’s TP to 36 cents as it sees the border re-openings and gestating assets to remain a drag

DBS lowers Q&M Dental's TP to 36 cents as it sees the border re-openings and gestating assets to remain a drag DBS Group Research analysts Tabitha Foo and Paul Yong have maintained their “hold” call ...

Posted on 18/03/2023

Joko hopes for Singapore investments in Indonesia’s new capital

“The relationship between Singapore and Indonesia is very good and must be continued and improved in the future. “We hope investments in Nusantara can become the focus.” The 2,561sq km project, about ...

Posted on 18/03/2023

Indonesia calls for Singapore’s investment in new capital

Indonesian President Joko Widodo brought home letters of intent from investors interested in the new capital of Nusantara after his trip to Singapore on March 16.

Posted on 17/03/2023

Singapore stocks climb on Friday to end volatile week

SINGAPORE – Robust gains on Wall Street overnight and a ... across the broader market after 2.3 billion shares worth $1.9 billion were traded. CapitaLand Investment was the top STI gainer, rising 2.6 ...

Posted on 17/03/2023

Jokowi makes renewed Nusantara pitch to Singapore

President Joko “Jokowi” Widodo pitched his ambitious Nusantara capital city project to Singapore Prime Minister Lee Hsien Loong at their annual retreat on Thursday, generating interest but little else ...

Posted on 17/03/2023

Stock Market Live: SGX Nifty indicates gap up start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 107 points or ...

Posted on 17/03/2023

UOB and MZH: Which SGX Share Has a High Price Target?

Nanofilm, on the other hand, has a Hold rating and a lower target price than the current level. UOB Share Price Target Based in Singapore, UOB’s banking services are focused mainly on Asian markets.

Posted on 17/03/2023

China’s DCP Capital Aims to Sell Singapore Tech Firm MFS for at Least $550 Million – Sources

DCP raised $2.5 billion in its maiden fund in 2019, focusing on China investments. (Reporting by Kane Wu in Hong Kong and Yantoultra Ngui in Singapore; Additional reporting by Julie Zhu in Hong Kong; ...

Posted on 17/03/2023

Singapore Shares Tipped To Bounce Higher On Friday

(RTTNews) - The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits ...

Posted on 17/03/2023

Singapore bank stocks hit by Credit Suisse crisis

SINGAPORE: Local bank stocks slumped when the market opened yesterday morning amid fears of wider financial contagion globally from the crisis engulfing Switzerland’s second-biggest bank and a string ...

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