This finance executive has hit on the strategy of ignoring the daily, monthly and even annual returns of his portfolio. Read more at straitstimes.com.
What next for HSBC after preventing Ping An from carving up Hong Kong’s largest bank, quelling shareholder revolt?
For much of the past year, HSBC, the largest of Hong Kong's three currency-issuing banks, has faced pressure from its biggest shareholder, Ping An Insurance Group, and a vocal contingent of frustrated ...
Recent strides in AI have potential to further disrupt finance industry, but limitations remain
Is relying on the technology for advice an intelligent move, or simply artificially inflated faith? Read more at straitstimes.com.
The Monetary Authority of Singapore Demands More Disclosure From Crypto Firms
The Monetary Authority of Singapore (MAS) published a notice earlier this week, asking companies offering crypto-related services to conduct more rigorous customer due diligence. Among other things, ...
S-REITs may remain ‘sideways’ in near-term amid prospect of another rate hike: DBS
Singapore REITs (S-REITs) are likely to remain “sideways” in the near term till there is clarity on the overall trajectory of the rate hikes by the US Federal Reserve in the second half of 2023, say ...
Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes
Wall Street's benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail activity weakening. That added to hopes the Fed might decide upward pressure on prices is easing ...
StanChart to hire more bankers as it doubles down on Asia
Asia generated two-thirds of the group’s income in Q1 2023, with Hong Kong and Singapore the two largest contributors. Read more at straitstimes.com.
Explainer: How are Singapore’s CPF interest rates calculated, and should you move funds to the Special Account amid higher rates?
The Special Account is for old age and investment in retirement-related financial products. The Medisave Account is for hospitalisation and approved medical insurance. The Retirem ...
Analog Devices reaffirms its position in Singapore’s semiconductor market with a new facility
Analog Devices launched a new facility in the city-state that will serve as a central hub for its R&D, test engineering, sales, and manufacturing.
Stock Market Live: Sensex, Nifty 50 to open higher, Asian indices in the green
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher on the last trading day of the week tracking global cues. Singapore Exchange Nifty futures, an early indicator of the ...
Crédit Agricole and HSBC beef up funding in Asia
French Samurai to be issued across the capital structure ◆ Bank of Japan supports cheaper yen issuance than dollars ◆ HSBC lures yield-driven buyers with lower yielding senior bail-in foray ...
Singapore’s Central Bank and Google Cloud Collaborate on Responsible Generative AI
On 31 May 2023, the Monetary Authority of Singapore (MAS) and Google Cloud signed a memorandum of understanding[1] to collaborate on generative artificial intelligence (AI) solutions that are roo ...
10 Best Online Casino Singapore 2023 To Play Best Singapore Online Gambling Sites
In this article, we will discuss some of the best online casino Singapore has to offer its players and why we consider them the best online casinos. Read on to find out more.
MAS to add phasing out of coal-fired power plants in draft guidelines for Singapore’s financial sector
It aims to help financial institutions identify activities that are considered green so they can meet their net-zero goals faster. Read more at straitstimes.com.
Singapore shares slump amid heavy trading; STI down 0.9%
THE local stock market took a hit on Wednesday (May 31), alongside other markets in the region, as China’s latest manufacturing purchasing managers index slid again in May. Read more at The Business ...
Medical supplies firm Pasture Holdings aims to raise $5 million via all-placement IPO
Medical supplies and devices company Pasture Holdings has launched its IPO, seeking to raise gross proceeds of $5 million via selling 20 million shares priced at 25 cents each. At this price, the ...