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Tag: banking

Posted on 23/11/2022

Singapore’s slowing growth carries risk of technical recession in 2023: Analysts

Any recession will likely be a shallow one due to the offsetting tailwinds from lifting of local mobility and international travel restrictions. Read more at straitstimes.com.

Posted on 23/11/2022

UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders

UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group's (SP) utilities bills to their credit card, via ...

Posted on 23/11/2022

EMERGING MARKETS-Singapore’s dollar, stocks slip as growth forecast disappoints

Singapore projects GDP growth to ease in 2023 * Most emerging Asia equities strengthen * Philippine stocks hit highest since Sept. 19 By Himanshi Akhand Nov 23 (Reuters) - Singapore's dollar and ...

Posted on 23/11/2022

SGX Nifty rises 65 points: Firm Asian cues, DII buying, Inox Green Energy market debut & more

Nifty futures on the Singapore Exchange quoted 65 points, or 0.36 per cent, higher at 18,352.50, hinting at a positive start for the domestic market on Wednesday.

Posted on 23/11/2022

DBS maintains ‘buy’ on Digital Core REIT on further DPU accretion

DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.

Posted on 23/11/2022

Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023

Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on ...

Posted on 23/11/2022

OCBC report: Young Singaporeans expect to retire early ‘in style’, but worry they can’t afford retirement

A majority of young Singaporeans in their 20s worry that they cannot afford housing and retirement, but they are aiming for a retirement lifestyle that ...

Posted on 23/11/2022

Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report

Majority of young Singaporeans in their 20s worry they cannot afford housing and retirement, OCBC’s Financial Wellness Index 2022 finds, yet opt for a retirement lifestyle that would cost almost ...

Posted on 22/11/2022

Young crypto investors still plan to invest in cryptocurrencies despite crash: OCBC Financial Wellness Index

According to the index, young Singaporeans are found to have been keener on crypto in order to build their wealth quickly.

Posted on 22/11/2022

Singapore Police warns investors about post-FTX phishing scams

Singaporean Police have warned that scammers are targeting investors still hurting from the losses brought on by the recent bankruptcy of cryptocurrency ...

Posted on 22/11/2022

Crypto scam involving former Singapore-based exchange cheats US investors of $13.8m

The scam involved spoofed domains of the Singapore International Monetary Exchange. Read more at straitstimes.com.

Posted on 22/11/2022

How Singapore’s OCBC is harnessing open source

OCBC using the OpenShift container platform to modernise its applications, reduce its reliance on proprietary software and deliver new business capabilities ...

Posted on 22/11/2022

Singapore defends its treatment of Binance after FTX ‘debacle’

Singapore's central bank has responded to criticism of its treatment of two of the world's largest crypto exchanges, explaining why Binance was on an investor watch list while FTX, which has filed for ...

Posted on 22/11/2022

Singapore’s first digitally-native bank, Trust Bank, partners with Perx Technologies to jump-start dynamic mobile-first customer engagement

Mr. James Ong, Chief Commercial Officer of Trust Bank, said, "Our partnership with Perx Technologies has enabled us to create an instantly rewarding digital banking experience, adding value to the ...

Posted on 22/11/2022

Stock Market LIVE Updates: Sensex and Nifty to open higher amid mixed global cues

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open in the green on Tuesday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty ...

Posted on 22/11/2022

SGX Nifty rises 43 points: Mixed Asian markets, Kaynes Tech IPO, Vedanta dividend & more

Nifty futures on the Singapore Exchange quoted 43.50 points, or 0.24 per cent, higher at 18,248.50, hinting at a positive start for the domestic market on Tuesday.

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