HSBC reported a 15 per cent dip in first-half profit as credit loss provisions rose, but the fall was not as bad as feared and Europe's biggest bank lifted its returns guidance in the belief that ... ( read original story ...)
HSBC H1 pretax profit falls 15%, increases equity goal
HSBC Holdings PLC reported a 15 per cent drop in first-half profit as expected credit losses more than offset the impact from rising net interest income at Europe's biggest bank.The ... ( read original story ...)
High House Rental Rates in Singapore: Should You Rent Now?
With the news of rental prices steadily rising, it will definitely put doubt in prospective tenants’ minds. If you are unsure of whether to rent now or not, read more to find out. ( read original story ...)
Flexi-work becoming more common in S’pore despite shift to living with Covid-19
All employees here have been able to return to the workplace since April 26, alongside the easing of other Covid-19 measures, including group size limits. Aside from large corporates, the public ... ( read original story ...)
Analysts take a shine to UOB’s net interest margin, voice concerns over asset quality, macro outlook
In a July 29 note, CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are maintaining “add” on UOB with a target price of $35.60. “Net interest margin (NIM) expansion remains UOB’s key ... ( read original story ...)
Inflation in Singapore Is Hitting Households Harder, DBS Says
The global inflation wave that has crashed onto Singapore’s shores is hitting households harder as they pile up more expenses while incomes aren’t keeping up. ( read original story ...)
DBS raises interest rates on its flagship savings account
Multiplier customers can now earn a maximum of 3.5 per annum, up from 3 per cent previously, for balances of over $50,000. Read more at straitstimes.com. ( read original story ...)
Cities like Singapore should continue to stay open to investments and talent, key to progress: Teo Chee Hean
SINGAPORE: Cities like Singapore should continue to stay open to investments and talent from around the world, Senior Minister Teo Chee Hean said on Monday (Aug 1). Speaking at this year's World ... ( read original story ...)
5 Things You Can Do With OCBC Pay Anyone That You (Probably) Never Knew You Could With A Cashless Lifestyle Payment App
This article was written in collaboration with OCBC. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for ... ( read original story ...)
Investment sales for properties could exceed $30b: report
Investors seek to field capital whilst inflation keeps rising. Even if interest rates are increasing, investment transactions for Singapore property are expected to surpass $30b, revealed Cushman & ... ( read original story ...)
Top Singapore REITs unscathed by rising interest rates
Improving net operating income will help them mitigate costs. The improving net operating income of the most rated Singapore real estate investment trusts (Reit) will help them cushion the increasing ... ( read original story ...)
Monetary Authority of Singapore and International Financial Services Centre Authority Exchange MoU
The International Financial Services Centre Authority (IFSCA) and the Monetary Authority of Singapore (MAS) recently exchanged an MoU. ( read original story ...)
Singapore’s GIC chief warns inflation headwinds put 40 years of gains at risk
Singapore’s GIC Pte Ltd’s top executive is warning that inflationary headwinds risk unwinding the sovereign wealth fund’s gains over the last 40 years, and that portfolio diversification will be more ... ( read original story ...)
What does it take to clean the world’s largest dome? Men suspended by ropes
Singapore’s National Stadium has hosted many events, from football matches to concerts. How many times, though, has its iconic dome been cleaned since it was built? CNA Insider gets access to what is ... ( read original story ...)
Night Time Is The Right Time To Rediscover Singapore
As part of My Community Festival 2022, find out what contributes to the hustle and bustle throughout the night while most of Singapore is usually asleep. ( read original story ...)
StanChart unveils $500 million share buyback as rising rates boost H1 profit
Standard Chartered reported first-half pre-tax profit rose 19 per cent, above market expectations, as the emerging markets-focused lender benefitted from rising interest rates and gave an upbeat ... ( read original story ...)