Citibank Singapore chief executive Han Kwee Juan has resigned after nearly three decades with the bank. Mr Vikas Kumar, Citi's head of cards and personal loans, will be the interim country business ma... ( read original story ...)
Citibank Fires Back At Uniface Software Licensing Suit
saying the company was well aware the financial giant was expanding its use to the United States and Singapore. Citibank said in a High Court filing Wednesday it has been given license keys to use the ... ( read original story ...)
Wirecard Probes Intensify as Allegations Accelerate Stock Plunge
Investigations into German payments company Wirecard AG intensified as police in Singapore raided local offices, while Munich prosecutors started a probe into possible market manipulation over reports ... ( read original story ...)
ComfortDelGro kept at ‘buy’ by UOB KayHian on overseas acquisitions
SINGAPORE (Feb 8): ComfortDelGro, the world’s second largest listed passenger land transport company, is announcing its 4Q18 results ended Dec on Feb 13. UOB KayHian expects the transport operator to ... ( read original story ...)
OCBC keeps ‘overweight’ on Singapore hospitality sector as REITs rally
SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Ascott Residence Trust (ART) an... ( read original story ...)
DBS expected to deliver promising 4Q results despite headwinds: UOB
SINGAPORE (Feb 7): DBS will be announcing its 4Q18 and FY18 earning on Feb 18. UOB Kay Hian is forecasting 4Q18 net profit to increase 8.0% y-o-y to $1.29 billion. In a Thursday report, analyst Jonath... ( read original story ...)
DBS Home Loan Review Singapore 2019 – Which Mortgage to Choose from DBS
DBS home loan rates are some of the most unique on the market today. They do not offer any SIBOR-linked rates, preferring to focus completely on the DBS Fixed Home Rate, or FHR. This is not surprising ... ( read original story ...)
Central bank of the year: Monetary Authority of Singapore
The Monetary Authority of Singapore has displayed an enviable track record for monetary and financial stability, implements coherent financial system oversight as a ‘super-regulator’, and has emerged ... ( read original story ...)
Singapore police probing report of fraud by Germany’s Wirecard
In Singapore, a regional finance hub, the police's Commercial Affairs Department carries out investigations on financial crimes such as money laundering. Stocks in Wirecard, which knocked banking ... ( read original story ...)
What Does the Year of the Pig Bring for the Stock Market?
Volatility in the stock market brings about opportunities to buy wonderful businesses at low prices. From 1993 to 2017, the Straits Times Index (SGX: ^STI), Singapore’s stock market benchmark, saw som... ( read original story ...)
Singapore : Maoyan Entertainment makes weak HK debut
Shares in Maoyan Entertainment opened near-flat at HK$14.82 (S$2.56), barely one per cent higher than the initial public offering (IPO) price of HK$14.80, which was already at the bottom end of an ind... ( read original story ...)
Can Hong Kong keep its title as the world’s hottest IPO market? Here’s its game plan
Hong Kong regains global IPO crown from New York in 2018 thanks to its listing ... Hong Kong’s exchange is much bigger than Singapore’s in terms of market capitalisation. HKEX ranks as the fifth large... ( read original story ...)
Mild Rebound Predicted For Singapore Stock Market
(RTTNews.com) - The Singapore stock market headed south again on Friday, one session after it had ended the three-day slide in which it had stumbled almost 30 points or 0.9 percent. The Straits Times ... ( read original story ...)
OCBC’s Home Loans: What Was The OHR Rate All About?
and introduced the OCBC Home Rate, or OHR. Yes, Singapore has yet another acronym to deal with, but after recent changes to the OHR, it may no longer be a good thing. Here’s what you should know about ... ( read original story ...)
ASEAN needs to step up reform to improve openness: HSBC CEO
Tony Cripps, CEO of HSBC Singapore. Photo courtesy of HSBC Viet Nam News HCM CITY – For ASEAN to continue to prosper in 2019 and beyond, policymakers across the region should step up reform efforts de... ( read original story ...)
Standard Chartered Home Loan Review Singapore 2019 – Which Mortgage to Choose from Standard Chartered
The below is calculated for a loan amount of $750,000 (75% of purchase price), and loan tenure of 30 years. All the below home loan packages have a 2-year lock-in, and you incur a 1.5% penalty for ful... ( read original story ...)