The Monetary Authority of Singapore (MAS) has issued a public consultation paper to study the possibility of eliminating all corporate cheques and terminate central cheque clearing by 2025. The ...
Singapore shares up 0.65%, led by OCBC and DBS gains
WITH 2 of the 3 banking heavyweights each notching over 3 per cent rise in their Friday (Apr 29) share price and as bullishness prevailed in the regional bourses, Singapore’s blue-chip benchmark ...
Singapore banks to report weaker Q1 earnings amid market volatility and lower risk appetites
SINGAPORE banks are expected to report weaker first quarter earnings from a year ago, as wealth and treasury income are weighed down by investors’ risk-off sentiment amid market volatility. Read more ...
Singapore stocks join regional peers in rally; STI ends 0.4% higher
THE bullishness in regional stock markets rubbed off on Singapore’s, lifting the blue-chip benchmark Straits Times Index (STI) by 14.42 points or 0.4 per cent to 3,335.09 on Thursday (Apr 28). Read ...
Are Digital Banks Breeding a Risky Competitive Climate Singapore?
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide, ...
Rising US rates to boost Singapore bank earnings towards pre-Covid levels
WITH Singapore having one of the largest passthrough of higher US interest rates into local lending yields in the Asia-Pacific region, Fitch Ratings believes the recovering operating profit and ...
Live Singapore Dollar (SGD) Exchange Rates
Welcome to the Singapore Dollar exchange rate & live currency converter page. The Singapore Dollar (SGD) exchange rates represented on this page are live, updated every minute within the forex ...
UOB raises maximum interest rate for flagship savings account to 7.8%
The maximum bonus interest rate on the UOB One account, at 7.8 per cent per annum, is the highest in the flagship savings account's seven-year history.
UOB raises maximum interest rate on One savings account to 7.8%, joining peers in deposits race
It now has the highest maximum bonus interest rates among the three local lenders. Read more at straitstimes.com.
DPM Lawrence Wong Says FTX Investment Caused Reputational Damage to Temasek
Temasek's US$275 million investment in now-bankrupt crypto exchange FTX has not only caused financial loss but also reputational damage.
(November 2022 Results) How i would invest in the singapore stock market if i had 100k of spare money
Year to Date Returns: -15.60% Since Inception (9 Sept 2020) Returns: 43.85% To Quote November in a Phrase would be: What a Strange World GingaMingaYo November Return is the highest month so far in ...
Stock Market LIVE Updates: Sensex and Nifty poised to open higher amid positive global cues
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open in the green on Thursday amid positive cues from global markets. The headline indices ended at record closing highs for the ...
UOB raises maximum interest rate on its One savings account to 7.8%, joining peers in deposits race
It now has the highest maximum bonus interest rates among the three local lenders. Read more at straitstimes.com.
UOB ups ante in deposit battle with rate hike on One savings account to 7.8%
THE battle for deposits has gone up another notch with UOB raising the interest rates on its flagship savings account following similar moves by rivals DBS and OCBC Bank. Read more at The Business ...
Over 75% Singaporeans ‘definitely’ want better online banking services
The majority of Singaporeans now use mobile apps for bank services. The majority of Singaporeans (81%) are now using mobile apps for banking services, and 77% of them say they “definitely” was a ...
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Singapore government-owned Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong.