Venture capital firm Pappas Capital has closed on its first investment in the renewable energy sector – but it’s not deviating from the mission. That’s according to the Durham firm's founder, Art ...
Princeton Digital Group reveals “wise” $1 billion+ Indonesia data centre investment to service Singapore
Princeton Digital Group (PDG), an APAC data centre company, is set to invest around $1 billion (£881 million) into a data centre campus in Indonesia. The campus will be built in Batam and will contain ...
India and Singapore UPI-PayNow Cross-Border Payment System launched
MAS and Reserve Bank of India (RBI) launched real-time #payments between Singapore and India. MAS MD Ravi Menon and RBI Governor Shaktikanta Das showed the speed, simplicity and cost-effectiveness of ...
UOB Kay Hian Keeps Their Buy Rating on Genting Singapore (GIGNF)
In a report released today, Vincent Khoo from UOB Kay Hian maintained a Buy rating on Genting Singapore (GIGNF – Research Report), with a ...
HSBC signals rate rise profit windfall has peaked even as payouts rise
HSBC dampened investors' expectations of a sustained income bonanza from rising global interest rates, even after Europe's biggest bank reported a 92% surge in quarterly profit and pledging more ...
S’pore PayNow users can now instantly transfer funds to others in India
For a start, selected DBS and POSB customers will be able to use the service to transfer up to $200 per transaction. Read more at straitstimes.com.
Evening Update: Today’s headlines from The Straits Times on Feb 21
You are reading the Evening Update newsletter. Get up to speed with the important stories from the day. Subscribe to our newsletter. Read more at straitstimes.com.
HSBC’s dividend spree offset by concern that rate rise profit party may be over
HSBC's quarterly profit surged 92% as rising interest rates swelled net interest income, but its Hong Kong shares fell 2% as a cautious outlook left investors pondering whether the rates boost may ...
HSBC shares slide as it fails to raise key target despite profit surge
SINGAPORE/LONDON, Feb 21 (Reuters) - HSBC's (HSBA.L) profit surged 92% as rising interest rates swelled net interest income, but its shares fell 2% as it failed to raise a key performance target even ...
Woman who had child with Nigerian love scammer gets jail for helping to launder S$356,000
SINGAPORE: A woman who was recruited by a Malaysia-based Nigerian ... She would receive cash in person and through her bank accounts. When Suhaili's POSB bank account was frozen following police ...
S’pore PayNow users now able to instantly transfer funds to others in India
SINGAPORE – PayNow users who are customers at certain financial ... For a start, selected DBS and POSB customers will be able to use the PayNow-UPI linkage to transfer up to $200 per transaction, ...
Harvard Boosted Investment in Singapore’s Grab App, Modified Biotech Holdings in Q4
The Harvard Management Company boosted its investments in Grab — a Singaporean all-in-one app offering food delivery, transportation, and digital payment services — and modified its biotechnology ...
SGX Nifty rises 17 points: Market outlook, Asian markets, oil prices, FPI flows & more
Nifty has 17,700 level as sacrosanct support while the 18,100 level could act as an immediate hurdle, said Rohan Patil of SAMCO Securities. A break above 18,100 will lift the index towards 18,250, ...
HSBC Q4 profit nearly doubles as rising interest rates boost revenue
SINGAPORE - HSBC Holdings reported a better-than-expected 92 per cent surge in quarterly profit on Tuesday as rising interest rates swelled its net interest income, encouraging Europe’s largest bank ...
Nifty to reclaim 17850 or further correction on cards? 7 things to know before share market opens
Benchmark indices BSE Sensex, NSE Nifty 50 likely to open negative amid poor global cues, hinted SGX Nifty. Here are seven key things you must know before share market opening bell.
Singapore’s digital banks dangle incentives to win new customers — is it sustainable?
Digital retail banks in Singapore are pulling out all stops to win new customers, but industry observers question if it's sustainable in the long term.