Singapore banks are seeing a sharp upgrade to next year’s earnings estimates as wealth management fees surge and losses on coronavirus-related loans ease, pointing to a recovery in Asia’s banking ... ( read original story ...)
Singapore Bourse May Hand Back Support At 2,700 Points
For the day, the index dipped 1.38 points or 0.05 percent to finish at 2,711.90 after trading between 2,695.89 and 2,725.47. Volume was 2.54 billion shares worth 1.64 billion Singapore dollars. There ... ( read original story ...)
B2B Payments in Singapore 2020: Interview Results from 700+ Businesses – ResearchAndMarkets.com
The "B2B Payments Report Singapore 2020" report has been added to ResearchAndMarkets.com's offering. The Business to Business Payments Report Singapore 2020, is a comprehensive review of the business ... ( read original story ...)
DBS rolling out 24/7, self-service banking at a third of its branches
SINGAPORE - South-east Asia's largest bank DBS will transform at least a third of its branches by rolling out 24/7 self-service banking options and enabling easier access to financial planning tools ... ( read original story ...)
DBS aims to triple family office unit assets by 2025
Assets under management for its family office unit grew by 40 per cent year-on-year.. Read more at straitstimes.com. ( read original story ...)
Singapore’s Ascent Capital raises $88m for debut Myanmar-focused fund
It will invest at least US$5 million in each company across consumer, education, and healthcare, among others. ( read original story ...)
DBS Aims to Manage $10 Billion of Family Office Assets by 2025
Singapore’s DBS Group Holdings Ltd. is seeing a surge in accounts for family offices and expects to have more than $10 billion in related assets under management by 2025. ( read original story ...)
Hong Kong and Singapore Will Soon Have a Quarantine-Free Travel Bubble
“Hong Kong and Singapore are similar in terms of epidemic control. Both are regional aviation hubs and international cities, enjoying strong trade, investment, finance, tourism and people-to-people ... ( read original story ...)
German deaths rise, HK-Singapore in bubble
Singapore and Hong Kong plan to allow their residents to visit without entering quarantine while Chinese officials say the country can avoid new COVID-19 cases. ( read original story ...)
Online shopping discounts for DBS/POSB Cardmembers
Make use of these exclusive online shopping discounts for DBS/POSB Cardmembers, including huge 11.11 promos for fashion, furniture and tech. ( read original story ...)
The Finance 202: Trump’s ‘crash’ call goes bust: Stocks surge on vaccine breakthrough, Biden win
President Trump warned stocks would crash if Joe Biden won the presidency. Instead, in the first trading session since Biden sealed his victory, they rocketed to near-record highs. Follow the latest ... ( read original story ...)
OCBC Cycle: 11 attempt ‘Everesting’ challenge, bid to raise money for ST School Pocket Money Fund
Like 4,700 others, Adrian Staiti and 10 colleagues from global sports and entertainment agency Sportfive are participating in The OCBC Cycle 2020 Virtual Ride, which ends on Sunday (Nov 15).. Read ... ( read original story ...)
Suspension of Ant’s IPO could slash value by $188b
HONG KONG • China's move to halt Ant Group's massive stock debut could reduce the fintech giant's value by as much as US$140 billion (S$188 billion), according to analysts' revised estimates.. Read ... ( read original story ...)
Commentary: Winds in the Singapore economy sails are starting to stir
The worst may be over for the Singapore economy. Even though it contracted a milder 7 per cent year-on-year in the third quarter of 2020, the economy rebounded a seasonally-adjusted 7.9 per cent from ... ( read original story ...)
5 interesting aspects of OCBC’s quarterly earnings that investors should know
OCBC Ltd is the final major bank to release its quarterly earnings, after DBS Group Holdings Ltd and United Overseas Bank Ltd.Investors are closely watching the numbers for all three banks to identify ... ( read original story ...)
Stalled IPO seen cutting Ant Group value by $140 billion
China's move to halt Ant Group Co.'s massive stock debut could reduce the fintech giant's value by as much as $140 billion, according to analysts' revised estimates. New regulations that could force ... ( read original story ...)