Though the services sector had six indicators in expansionary zone for the second quarter, three of of the six indicators, namely new orders, inventory levels and employment, showed signs of downward ... ( read original story ...)
Union Bancaire Privée obtains wholesale bank license in Singapore
Union Bancaire Privée (UBP) announced on March 4 that its Singapore branch UBP Singapore has received regulatory approval from the Monetary Authority of Singapore (MAS) for a wholesale bank license. U... ( read original story ...)
UOB YOLO Credit Card – MoneySmart Review 2019
Who should use the UOB YOLO Card? True to its name, the UOB YOLO Card is best for young Singaporeans with few financial commitments. Think unmarried Singaporeans who are still living with their parent... ( read original story ...)
Ipos named second most innovative intellectual property office in the world, first in Asia
SINGAPORE - The Intellectual Property Office of Singapore (Ipos) has clinched the No. 2 spot for being the most innovative intellectual property office in the world, according to a recent study of the ... ( read original story ...)
Here’s How Singapore-Listed Banks Performed in 2018
and United Overseas Bank Ltd (SGX: U11) are three major listed banks in Singapore. The trio, which make up around 40% of the Straits Times Index (SGX: ^STI), performed well financially in 2018. For in... ( read original story ...)
Yangzijiang a winner in current shipyard consolidation wave: DBS
SINGAPORE (Mar 4): DBS Group Research is maintaining Yangzijiang Shipbuilding at “buy” with $1.82 target price, saying it is one of the world’s best managed and profitable shipyards. See: Yangzijiang ... ( read original story ...)
Singapore Stock Market May Extend Friday’s Gains
(RTTNews) - The Singapore stock market on Friday snapped the three-day slide in which it had fallen almost 60 points or 1.8 percent. The Straits Times Index now rests just above the 3,220-point ... ( read original story ...)
River Ryan man accused of robbing bank in Singapore still waiting to appeal extradition order
A River Ryan man remains in custody in London, still waiting to appeal a judgment for his extradition to Singapore. At an earlier date, officials with the Westminister Queen’s Court said David James R... ( read original story ...)
Citi Singapore takes on senior banker in “slightly more aggressive” hiring drive
Citi’s plan to bolster its private banking recruitment in Singapore has taken a step forward with the hire of Bobby Effendi, a Bank of Singapore director. Effendi has joined Citi Private Bank to ... ( read original story ...)
Thais tapped for UOB’s mobile-only bank
Singapore-based UOB Group has picked Thailand as the first country in Asean for its mobile-only bank to tap millennials. Thailand has a large population nearing 70 million, of which one-third are mill... ( read original story ...)
DBS bank launches “robo-investor” to appeal to investors looking for low maintenance investments
Singapore’s largest bank DBS unveiled a “robo-investor” service on Thursday to allow customers to manage their investment portfolio through a “robot” which automates investment processes such as rebal... ( read original story ...)
OCBC cuts FY19 estimates for Yanlord, cautious on high gearing & volatile market conditions
SINGAPORE (Mar 1): OCBC Investment Research is maintaining its “buy” call on Yanlord Land Group with a lower fair value of $1.75 compared to $2.04 previously, after rolling forward valuations and appl... ( read original story ...)
DBS launches robo-investor to encourage more Singaporeans to invest
SINGAPORE - DBS is the latest bank to employ technology to make it easier for customers to invest and manage their portfolios. Its DBS digiPortfolio is a "robo-investor" service announced on Thursday ... ( read original story ...)
Hyphens Pharma 4Q earnings grow 31.9% to $0.8 mil in absence of one-off IPO expenses
SINGAPORE (Mar 1): Hyphens Pharma International has announced earnings of $0.8 million for the 4Q ended Dec 2018, rising 31.9% from $0.6 million in 4Q17 in the absence of one-off IPO expenses incurred ... ( read original story ...)
Michelle Wie withdraws from HSBC in Singapore due to injury
Michelle Wie's comeback didn't last long. The 2018 HSBC Women's World Championship winner withdrew after 14 holes on Thursday in Singapore due to a wrist injury. She was 10 over. Wie, 29, fractured he... ( read original story ...)
UOB KayHian 4Q earnings down by nearly half as investor sentiment turns cautious
SINGAPORE (Feb 28): UOB KayHian has reported 4Q earnings of $11.3 million, down 48.9% from a year ago. The securities brokerage says trading volumes across regional markets where it operates started t... ( read original story ...)