Considering the global external headwinds, DBS lowered Singapore’s 2023 full-year growth forecast to 1.7% from 2.2% earlier this week. “We think trade-related sectors, including manufacturing and ...
HSBC to big four: our institutional bank in Asia is bigger than you
As ANZ and CBA build up institutional banking services, the world’s 8th largest bank says it is the top regional player and targeting more Australian companies.
IPO Update: SAG Holdings Adjusts Terms For $8.7 Million U.S. IPO
SAG Holdings has produced uneven revenue growth and is subject to various currency and regulatory risks. Read why I have a bearish view on SAG IPO.
Siemens to Make €2 Billion Investment to Boost High-Tech Plants
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore and an expansion at its Chinese plant in Chengdu.
Siemens to invest US$2.2 billion to ramp up global production; plans new plant in Singapore
ZURICH: Siemens will spend €2 billion (US$2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday (Jun 15), as it gears up to meet increased demand ...
Siemens to invest $2.2 bln to ramp up global production
Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by ...
Eight arrested in SG over links to mobile phone malware which resulted in unauthorised banking transactions
Eight people, aged between 19 and 35, were arrested for their alleged involvement in a recent spate of banking-related malware incidents.
8 individuals arrested for alleged involvement in spate of banking-related malware incidents
Unauthorised transactions were made from victims’ banking accounts even though they did not divulge their OTP to anyone. Read more at straitstimes.com.
‘Greenest’ of the three, OCBC also has dividend upside
In terms of business direction, OCBC is said to have the sharpest Greater China focus among the local banks. Hong Kong, China and Macau account for 24.6% of OCBC’s loan portfolio. However, Wong sees ...
UOB deepens its roots in Asean ‘phygitally’
In 2011, even before President Xi Jinping of China launched his Belt and Road Initiative (BRI), UOB had already foreseen the potential of Asean by forming its Foreign Direct Investment (FDI) Advisory ...
8 arrested for suspected involvement in banking-related malware crimes
Four men and four women have been arrested by the police for their alleged involvement in a recent spate of banking-related malware incidents.
‘Premature’ to assume MAS will take risk-based approach to monetary policy: HSBC
According to an HSBC Global Research report, some onlookers have been left wondering if the central bank will take a risk-based approach — turning hawkish again after a pause on tightening monetary ...
SIA’s share price soars above pre-pandemic levels, OCBC increases target price to $7.94
SIA’s first mover advantage while the aviation industry emerged from the pandemic has resulted in record revenue performance ...
Singapore Shares May Inch Higher Again On Thursday
The Singapore stock market ticked higher again on Wednesday, one day after halting the three-day winning streak in which it had ...
Economists cut Singapore GDP forecast
Singapore’s economy is forecast to grow 1.4% this year, a central bank survey of economists shows, down from a previous projection of 1.9%, as spillovers from an external slowdown threaten the ...
MEDIA-Singapore’s Government Investment Corporation to lodge £4 bln bid for Center Parcs – Sky News
-- Note: Reuters has not verified this story and does not vouch for its accuracy ...