United Overseas Bank (UOB) launched a Green and Sustainable Deposits solution for its corporate and institutional clients, the first such product in Singapore offered by a local bank. The solution was ... ( read original story ...)
Singapore still working on rules to tighten social media enforcement
Details of the enforcement framework that will instruct social media platforms to disable access to "harmful" content will be revealed "in due course", says the Singapore government in several ... ( read original story ...)
Emerging markets: Philippines central bank prepared to hike rates by 50 bps in August as Asian stocks rise on easing recession woes
Asian shares inched up on Friday, tracking Wall Street gains overnight, after positive signals from US central bank officials doused fears of an economic recession, which also supported most ... ( read original story ...)
Standard Chartered empowers youth by tackling inequality via new TBWASingapore campaign
In line with Standard Chartered’s commitment towards building a more sustainable and equitable future, the bank releases its latest ‘Lifting Participation’ brand campaign, which shares the Bank’s ... ( read original story ...)
HSBC in Talks to Sell Russia Business, Joins Other Lenders
In an effort to restructure its operations to further improve operating efficiency, in February 2020, HSBC announced its transformation plan, aimed at reshaping underperforming businesses, simplifying ... ( read original story ...)
Singapore’s GLP launches US$5 billion China income fund
Singapore-based logistics investment firm GLP has launched a new China income fund that has raised US$5 billion from a group of institutional investors, including German insurer Allianz Group and Hong ... ( read original story ...)
3 Singapore Blue-Chip Stocks You Can Own Forever
If you’re looking for long-term peace of mind, here are three blue-chip stocks you can consider adding to your investment portfolio. The post 3 Singapore Blue-Chip Stocks You Can Own Forever appeared ... ( read original story ...)
UOB KH maintains ‘buy’ on Wilmar, highlights ESG practices
UOBKH highlighted that catalysts for the company include a stronger recovery in China operations, among others. ( read original story ...)
OCBC, Standard Chartered complete 30-year SORA OIS trade
The 30-year SORA OIS trade was the first transaction cleared by LCH. OCBC Bank and Standard Chartered have completed the first longer-tenor overnight indexed swap (OIS) derivatives transaction using ... ( read original story ...)
Woman ignores OTP message and loses almost $300 to online fraudsters
One woman had the shock of her life when she noticed that nearly $300 had been deducted from her bank account.And to add salt to injury, this entire fiasco started off with her doing what most of us ... ( read original story ...)
Financial service providers well positioned to facilitate users traversing metaverses and the physical world: DBS
Financial service providers are well positioned to facilitate seamless interoperability by partnering with metaverse players, said DBS Group Research analysts. In its “Can Metaverse Break Constraints ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open higher today — SGX Nifty futures jump 100 pts
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Thursday, building on one-month closing highs scaled the previous day. Singapore Exchange (SGX) Nifty futures - an ... ( read original story ...)
Singapore big three banks poised for earnings growth
UOB, OCBC, and DBS have strong non-interest incomes. Singapore’s big three banks are poised to see their earnings grow, thanks to a diversified portfolio that makes them independent from interest ... ( read original story ...)
Soaring rents and electricity prices are squeezing Singapore retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said. The surge in energy tariffs is mainly fueled by higher ... ( read original story ...)
Tycoon whose bet broke the nickel market walks away a billionaire
Shanghai time on March 8, it was clear that Xiang Guangda's giant bet on a fall in nickel prices was going spectacularly wrong. Read more at straitstimes.com. ( read original story ...)
Keppel, OCBC lead wave of share buybacks amid bear market
The stock market may be in the figurative doghouse but that has not stopped a massive wave of share buybacks. Read more at straitstimes.com. ( read original story ...)