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Tag: banking

Posted on 14/10/2022

Stock Market LIVE Updates: Asian shares track Wall Street higher as jitters abound

Asian shares tracked Wall Street higher on Friday, although gains could quickly unwind as investors grapple with the reality that surging US inflation ... ( read original story ...)

Posted on 14/10/2022

Singapore’s economy slows down to 4.4% in Q3: MTI advance estimates

On a quarter-on-quarter seasonally-adjusted basis, Singapore's gross domestic product (GDP) expanded by 1.5 per cent after contracting 0.2 per cent in the second quarter. ( read original story ...)

Posted on 14/10/2022

Singapore’s third-quarter GDP beats estimates, central bank tightens policy

Singapore avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a contraction in the previous quarter. ( read original story ...)

Posted on 14/10/2022

Singapore central bank tightens policy, Q3 GDP tops forecast

Singapore's central bank on Friday tightened monetary policy for the fourth time this year to rein in inflation running near a 14-year high, and left the door open for further policy action amid ... ( read original story ...)

Posted on 14/10/2022

Singapore Central Bank Tightens Monetary Policy for Fifth Straight Time

The Monetary Authority of Singapore tightened monetary policy for a fifth consecutive time to ease price pressures over the next few quarters. ( read original story ...)

Posted on 14/10/2022

S’pore companies keen to grab opportunities in emerging areas: Tan See Leng

SINGAPORE - Companies here have shown keen interest in capturing opportunities in emerging areas, such as in the digital realm and the green economy, Second Minister for Trade and Industry Tan See ... ( read original story ...)

Posted on 13/10/2022

Stay invested in quality companies with pricing power in 4Q: DBS

Despite near-term headwinds posed by supply chain disruptions, DBS believes the medical equipment segment represents a strong area of growth for healthcare. Ageing populations, the prevalence of ... ( read original story ...)

Posted on 13/10/2022

5 Singapore Blue-Chip Companies That Won Big at the SIAS Investors Choice Awards

The prestigious awards saw five companies clinch prizes for good corporate governance. The post 5 Singapore Blue-Chip Companies That Won Big at the SIAS Investors Choice Awards appeared first on The ... ( read original story ...)

Posted on 13/10/2022

Singapore Crypto Investment Startup Pillow Raises $18m Series A

The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital. ( read original story ...)

Posted on 13/10/2022

HK Court orders return of S$99,500 to Singaporean scam victim

A Hong Kong judge ordered the return of monies to a Singaporean phone fraud victim whose lost funds were traced to a Hong Kong bank account deposit. ( read original story ...)

Posted on 13/10/2022

Stay invested in quality companies with pricing power in 4Q: DBS CIO

DBS remains “neutral” weight on equities for 4QFY2022, advocating investors to stay with quality companies with deep moats and pricing power such as those within healthcare and luxury sectors, ... ( read original story ...)

Posted on 13/10/2022

‘In the future, sustainable products will be conventional products’: UOB chief sustainability officer Eric Lim

Lim was appointed as the bank’s first (CSO) to lead its dedicated sustainability office in April 2021. This role is concurrent with his two other positions as managing director of group finance at UOB ... ( read original story ...)

Posted on 13/10/2022

Singapore’s OCBC scouting for Indonesian acquisitions – CEO

Singapore-based Oversea-Chinese Banking Corp Ltd OCBC.SI is hunting for acquisitions in Indonesia to speed up its growth, aiming to leverage a strong capital buffer built up in recent years, the head ... ( read original story ...)

Posted on 13/10/2022

What are cash management accounts and should they be part of your investment portfolio?

Online brokerage Tiger Brokers and private market exchange ADDX are among the investment platforms that have rolled out cash management solutions, which they describe as “low-risk” alternatives to ... ( read original story ...)

Posted on 12/10/2022

Blockchain.com gets Singapore licence, second crypto firm to obtain approval this week

Blockchain.com, a cryptocurrency exchange backed by investors including Lightspeed Venture Partners, said on Wednesday it had received approval from Singapore's central bank to offer payment services ... ( read original story ...)

Posted on 12/10/2022

FinAccel Becomes Singapore’s Newest Unicorn After Canceling SPAC Merger, U.S. IPO Plans

Singapore-based FinAccel—the parent of Indonesia’s buy now, pay later (BNPL) platform Kredivo—has become the city-state’s newest unicorn after raising almost $140 million in a funding round months ... ( read original story ...)

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