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Tag: banking

Posted on 30/11/2022

CDL reports high occupancies for Singapore office, recovery in retail and hotel portfolios

However for the nine months to Sept 30, 2022, CDL sold 802 units valued at $1.9 billion, which was lower than the 1,382 units valued at $2.5 billion for the same period a year ago. This is because ...

Posted on 30/11/2022

Singapore’s Financial Regulator Defends Itself After FTX Blowup

Singapore state fund Temasek’s investment in FTX has caused reputational harm, but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.

Posted on 30/11/2022

Singapore’s Temasek holds internal review of $275 million FTX-related loss

Singapore's Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange, which resulted in a ...

Posted on 30/11/2022

Boustead Singapore (SGX:F9D) Will Be Hoping To Turn Its Returns On Capital Around

Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that ...

Posted on 30/11/2022

Hong Kong sees IPO slowdown reversing; eyes international issuers

SINGAPORE (Reuters) - Singapore's Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review of its ...

Posted on 30/11/2022

‘Not completely obvious’ that capital markets have kept pace with climate risks: Singapore Exchange

Michael Syn of the Singapore Exchange says "the anxiety at COP27 was much higher than at COP26." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

Posted on 30/11/2022

Singapore’s logistics sector in a “sweet spot”: RHB

Among the ASEAN member countries covered in their report, they point out that only Singapore has been ranked among the top positions, at seventh out of 160 countries measured by the World Bank’s 2018 ...

Posted on 30/11/2022

Trust Bank Selects Thought Machine to Power Singapore’s New Wave of Digital Banks

Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust Bank.

Posted on 30/11/2022

FTX collapse: ‘Very limited’ impact on Singapore’s financial system and economy, says DPM Wong

Key financial institutions in Singapore have “insignificant” exposures to cryptocurrency and players in the industry, says Deputy Prime Minister Lawrence Wong.

Posted on 30/11/2022

Singapore’s Temasek reviews $275 mln FTX-related loss

SINGAPORE, Nov 30 (Reuters ... like BlackRock and Sequoia Capital also invested in FTX does not mitigate this," he said. Wong, who is also finance minister, said the loss does not not mean Temasek's ...

Posted on 30/11/2022

Stock Market LIVE Updates: SGX Nifty futures indicate muted start for Sensex and Nifty

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open flat on Wednesday amid mixed cues from global markets. The headline indices ended at record closing highs for the second ...

Posted on 30/11/2022

Stock Market LIVE Updates: SGX Nifty signals a negative start; all eyes on Powell’s speech

Nifty futures on Singapore Exchange traded 15 points lower around 8 am, signalling a flat start for Dalal Street on Wednesday. Asian stocks followed US equities lower as investors weighed Covid ...

Posted on 30/11/2022

Stock Market Today: Asian markets, oil prices, FPI flows & 7 other things you should know

Nifty futures on the Singapore Exchange quoted 11.50 points, or 0.06 per cent, lower at 18,747, hinting at a muted start for the domestic market on Wednesday.

Posted on 30/11/2022

New Singapore digital bank Trust selects Thought Machine core

Trust Bank, the Standard Chartered and FairPrice-backed digital challenger that recently launched in Singapore, is running on Thought Machine's cloud-native core platform.

Posted on 30/11/2022

Trust Bank Selects Thought Machine to Power the First of Singapore’s New Wave of Digital Banks

Thought Machine, the cloud-native banking technology company, today announces it is powering Trust Bank, the first of Singapore’s cloud-native digital banks. Trust is a rapidly growing digital-only ...

Posted on 30/11/2022

5 Promising Singapore Blue-Chip Stocks That Could Outperform the Market in 2023

As we gear up for the New Year, here are five blue-chip stocks that may do well in 2023. The post 5 Promising Singapore Blue-Chip Stocks That Could Outperform the Market in 2023 appeared first on The ...

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