Singapore inflation rose more than expected in August, data showed on Friday, as the island state continues to struggle with more expensive commodity imports and rising food prices. The core consumer ... ( read original story ...)
Singapore’s GIC buys into Sani/Ikos, valuing resorts group at 2.3 bln euros
Singapore's GIC has bought a majority stake in Mediterranean luxury beach resort Sani/Ikos Group (SIG), valuing the company at 2.3 billion euros ($2.27 billion), the companies said in a joint ... ( read original story ...)
Singapore’s largest bank expands crypto trading services for its 100,000 clients
The expansion of the crypto sector is ushering more financial institutions into offering crypto services, including Singapore’s largest bank. ( read original story ...)
DBS temporarily removes fixed rate home loans amid ongoing review
Banks have been making revisions to their home loan rates this year as global central banks embark on a rate-hike race to tame inflation. ( read original story ...)
Stock Market LIVE Updates: Sensex falls 400 points, Nifty nears 17,500; Tata Steel jumps 4%, M&M Financial tanks 7%
In an attempt to consolidate its metal business, the Tata Group on Friday announced the merger of seven of its metal companies into Tata Steel. The decision was taken at a board meeting of the company ... ( read original story ...)
Sebi gets ‘serious’ with tighter IPO oversight
The Securities and Exchange Board of India (Sebi) is boosting its oversight of the country’s IPO market in a bid to bring valuations in check and improve due diligence of issuers — moves that market ... ( read original story ...)
Tightening in focus as Singapore Aug inflation stays elevated
Singapore's key consumer price gauge rose again in August at its fastest pace in more than 13 years, official data showed on Friday, driving market expectations the central bank will consider another ... ( read original story ...)
DBS opens up digital exchange for accredited wealth investors to trade crypto
The bank's wealth clients will be able to trade four cryptocurrencies - Bitcoin, Bitcoin Cash, Ether and Ripple. Read more at straitstimes.com. ( read original story ...)
Singapore Overtakes Hong Kong in World Financial Centers Ranking
Singapore has overtaken Hong Kong to become Asia’s top financial center — and the third in the world — according to a new report that puts New York and London in the first and second spots.Most Read ... ( read original story ...)
Singapore’s GIC becomes lead shareholder in beach resort group
Singapore sovereign wealth fund GIC will become the lead ... resorts up 52% from the year before and up 57% compared with 2019. Lee Kok Sun, GIC's chief investment officer, real estate, in the news ... ( read original story ...)
Singapore overtakes Hong Kong in new global financial centre rankings
Singapore jumped to third place behind New York and London in the latest Global Financial Centres Index Semi-annual survey by the China Development Institute and the London think tank Z/Yen Partners ... ( read original story ...)
Schroders launches sustainable food and water fund to Singapore investors with HSBC Singapore as exclusive partner
Schroders Singapore, on Sept 20, launched the Schroder ISF Global Sustainable Food and Water fund. HSBC Singapore is the exclusive distribution partner for the fund. This is the second ... ( read original story ...)
Singapore’s recent job survey on discrimination for local workers, missing crucial question on “nationality”
The Online Citizen Asia Singapore's recent job survey on discrimination for local workers, missing crucial question on "nationality" Singapore ... ( read original story ...)
Citibank Launches Citi Plus: What is It & Who is it For?
With an interest rate of up to 2.8% p.a, Citibank is targeting the growing affluent segment emerging in Singapore via a holistic ... ( read original story ...)
Faced with new digital banks, RHB prefers DBS, OCBC for high CASA ratios
According to RHB, attractive savings account offerings may stoke concerns that deposit competition would intensify. ( read original story ...)
Singapore shares reverse losses to end little changed after US Fed delivers another big rate hike
Most Asian bourses traded in the red after the Fed announcement, as two other central banks in Asia followed through with rate hikes. ( read original story ...)