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Tag: banking

Posted on 06/10/2022

Singapore’s central bank warns not all crypto activities are regulated

The Monetary Authority of Singapore (MAS) has said that some crypto-related activities are unregulated and it would not know the number of companies interested in setting up a crypto firm in the ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is sole winner among developed markets this year

Until the Fed slows or pivots, developed markets probably won’t catch up with Singapore, said Daniel Dubrovsky. ( read original story ...)

Posted on 06/10/2022

Banks in Singapore lift fixed deposit rates further with latest round of promotions

The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)

Posted on 06/10/2022

Rich Mainland Chinese Snap up Luxury Homes in Singapore Despite Tax Hikes

Wealthy mainland Chinese have been the top foreign buyers of expensive private properties in Singapore this year as the city-state reaps the benefits of post-pandemic reopening and a relatively strong ... ( read original story ...)

Posted on 06/10/2022

Wealthy Chinese nationals snap up luxury homes in Singapore despite tax hikes

SINGAPORE: Wealthy Chinese nationals have been the top foreign buyers of expensive private properties in Singapore this year as the country reaps the benefits of post-pandemic reopening and a ... ( read original story ...)

Posted on 06/10/2022

Fixed deposit rates rise further in Singapore with latest round of bank promotions

The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)

Posted on 06/10/2022

Asia Innovations SPAC Listing: Based In Singapore, But Made In China

Asia Innovations Group Ltd. announced it would make a backdoor listing in New York using a SPAC called Magnum Opus Acquisition Ltd. Click here to read more. ( read original story ...)

Posted on 06/10/2022

Homeowners in shock after DBS, OCBC & UOB hike home loan fixed interest rate

Some homeowners who opted for a bank loan to finance their mortgage have been left in shock after the three major local banks announced yesterday (Oct 4) that the fixed interest rate for housing loans ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is developed markets’ sole winner

SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state Singapore’s Straits Times Index has eked out gains of about 1% in 2022, ... ( read original story ...)

Posted on 06/10/2022

Multibagger IPO: Singapore-based FPI raises stake in this small-cap company

Within a fortnight, this is for the second time when Singapore-based FPI has bought stake in this small-cap BSE listed company. On 21st September 2022, Nav Capital VCC- Nav Capital Emerging Star Fund ... ( read original story ...)

Posted on 06/10/2022

Credit Suisse sees another departure as Hong Kong-based managing director leaves for HSBC

Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)

Posted on 06/10/2022

Dong to weaken in next 12 months: UOB forecast

Singapore’s United Overseas Bank expects the dong to slip to VND24,300 to the dollar by the third quarter of next year. ( read original story ...)

Posted on 06/10/2022

Singapore stock index only winner among developed markets this year

"Until the Fed slows or pivots, developed markets probably won't catch up" with Singapore, said Daniel Dubrovsky, strategist at DailyFX. The market is focused on the ... Shares of DBS Group Holdings, ... ( read original story ...)

Posted on 06/10/2022

Money Mind – S2E21: 5 things you need to know about why Singapore is a millionaire magnet | EP 21

A migration of millionaires is taking place – and for many, the destination of choice is Singapore. What do they bring to the local economy, and could a wealth tax slow down the momentum? Sona Remesh ... ( read original story ...)

Posted on 06/10/2022

More than S$8 billion invested in Singapore’s start-up scene in first half of 2022 | Video

Start-up investment in Singapore has grown exponentially each year since 2017, even through the COVID-19 pandemic. The billions invested – including more than S$8 billion in the first half of 2022 – ... ( read original story ...)

Posted on 06/10/2022

SoftBank makes no Arm investment proposal to Samsung-report

A journalist raises her hand to ask a question to Japan's SoftBank Group Corp Chief Executive Masayoshi Son during a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-H ... ( read original story ...)

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