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Tag: banking

Posted on 23/11/2022

TCS extends sponsorship of Standard Chartered Singapore Marathon till 2026

SCSM will return to Singapore's streets from December 2 to 4, serving as a hub of community engagement to end the year on a high and healthy note.

Posted on 23/11/2022

Singapore’s DBS bank completes intraday repurchase transaction on JPMorgan’s blockchain-based platform

Singapore-based DBS bank, the largest lender in Southeast Asia, has said it is the first bank in Asia to complete an intraday repurchase transaction on a blockchain-based network.

Posted on 23/11/2022

Singapore fixed-asset investments fall to $956 million in Q3

Business investment declined markedly in the third quarter, likely due to weaker economic sentiment amid inflation concerns and the faltering global economy. Read more at straitstimes.com.

Posted on 23/11/2022

EMERGING MARKETS-Singapore’s dollar, stocks slide on disappointing growth outlook

Singapore projects GDP growth to ease in 2023 * Malaysian stocks fall for thirst consecutive session * Philippine stocks hit highest since Sept. 19 By Himanshi Akhand Nov 23 (Reuters) - Singapore's ...

Posted on 23/11/2022

Singapore’s slowing growth carries risk of technical recession in 2023: Analysts

Any recession will likely be a shallow one due to the offsetting tailwinds from lifting of local mobility and international travel restrictions. Read more at straitstimes.com.

Posted on 23/11/2022

UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders

UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group's (SP) utilities bills to their credit card, via ...

Posted on 23/11/2022

EMERGING MARKETS-Singapore’s dollar, stocks slip as growth forecast disappoints

Singapore projects GDP growth to ease in 2023 * Most emerging Asia equities strengthen * Philippine stocks hit highest since Sept. 19 By Himanshi Akhand Nov 23 (Reuters) - Singapore's dollar and ...

Posted on 23/11/2022

SGX Nifty rises 65 points: Firm Asian cues, DII buying, Inox Green Energy market debut & more

Nifty futures on the Singapore Exchange quoted 65 points, or 0.36 per cent, higher at 18,352.50, hinting at a positive start for the domestic market on Wednesday.

Posted on 23/11/2022

DBS maintains ‘buy’ on Digital Core REIT on further DPU accretion

DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.

Posted on 23/11/2022

Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023

Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on ...

Posted on 23/11/2022

OCBC report: Young Singaporeans expect to retire early ‘in style’, but worry they can’t afford retirement

A majority of young Singaporeans in their 20s worry that they cannot afford housing and retirement, but they are aiming for a retirement lifestyle that ...

Posted on 23/11/2022

Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report

Majority of young Singaporeans in their 20s worry they cannot afford housing and retirement, OCBC’s Financial Wellness Index 2022 finds, yet opt for a retirement lifestyle that would cost almost ...

Posted on 22/11/2022

Young crypto investors still plan to invest in cryptocurrencies despite crash: OCBC Financial Wellness Index

According to the index, young Singaporeans are found to have been keener on crypto in order to build their wealth quickly.

Posted on 22/11/2022

Singapore Police warns investors about post-FTX phishing scams

Singaporean Police have warned that scammers are targeting investors still hurting from the losses brought on by the recent bankruptcy of cryptocurrency ...

Posted on 22/11/2022

Crypto scam involving former Singapore-based exchange cheats US investors of $13.8m

The scam involved spoofed domains of the Singapore International Monetary Exchange. Read more at straitstimes.com.

Posted on 22/11/2022

How Singapore’s OCBC is harnessing open source

OCBC using the OpenShift container platform to modernise its applications, reduce its reliance on proprietary software and deliver new business capabilities ...

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