DBS launches online remittance service for non-customers

"SmartSend mirrors the ease of use and convenience that DBS customers currently enjoy with DBS Remit, which allows them to transfer money online anytime, anywhere via DBS/POSB digibank," it said in an announcement. SmartSend enables customers to make same ... ( read original story ...)

Renewed Support Tipped For Singapore Stock Market

The Singapore stock market on Thursday halted the five-day winning streak in which it had climbed more than 140 points or 4.1 percent. The Straits Times index now rests just beneath the 3,470-point plateau although it's expected to rebound on Friday. ( read original story ...)

Can CapitaLand Mall Trust Outperform the Singapore Stock Market?

CapitaLand Mall Trust (SGX: C38U) is Singapore’s first and largest retail real estate investment trust (REIT). Some of the malls in its portfolio include Tampines Mall, Junction 8, and Plaza Singapura. In 2017, the REIT under-performed both the FTSE ST ... ( read original story ...)

Singapore Weary Of Forcing Open Banking On FinServ Market

Singapore is ready for open banking, but regulators don’t want to force it on the financial services market, according to reports in Bloomberg. The publication said this week that the Monetary Authority of Singapore (MAS) prefers a more “organic ... ( read original story ...)

Singapore Turns India’s Nifty Into a Giraffe

Singapore Exchange Ltd. has announced a new product that an excited hedge-fund manager described to me as the "most brilliant use of finance." That's an exaggeration, of course, though with a large grain of truth. SGX will launch three derivative products ... ( read original story ...)

CLARKE QUAY, THE EPICENTRE FOR 2018 HSBC SINGAPORE RUGBY SEVENS

Singapore, 26 March 2018 – In the lead up to the highly anticipated 2018 HSBC Singapore Rugby Sevens, Clarke Quay is proud to host the “Singapore Rugby Carnival” and “Music After 7s 2018”. SINGAPORE RUGBY CARNIVAL BY THE QUAY (14 & 15 APRIL 2018 ... ( read original story ...)

OCBC prices 500m euro bonds due 2025 at 0.625%

SINGAPORE - OCBC Bank has priced its 500million euro notes due 2025 at a fixed rate of 0.625 per cent per annum payable annually in arrear. The notes come under the bank's US$10 billion global covered bond programme. Net proceeds from the covered bonds ... ( read original story ...)

Deutsche Bank in Asia: whose jobs are safe, whose aren’t?

Some people at Deutsche in Singapore and Hong Kong are feeling upbeat about the reign of new CEO Christian Sewing. Others are not. https://news.efinancialcareers.com/sg-en/223787/deutsche-bank-strategy-christian-sewing/ Private bankers at Deutsche Bank in ... ( read original story ...)

Bank of China, ICBC start offering PayNow

... the Industrial and Commercial Bank of China (ICBC) were added to the list of banks offering PayNow yesterday, making it a total of nine banks offering the peer-to-peer funds transfer service to consumers in Singapore, said the Association of Banks in ... ( read original story ...)

Deutsche Bank Replaces C.E.O. Amid Losses and Lack of Direction

He has worked at Deutsche Bank since 1989, spending time at bank offices in London, Singapore, Tokyo and Toronto. He held top positions in risk management at the bank and was its chief auditor until being named to the management board in 2015. As a German ... ( read original story ...)

Singapore Stock Market Inherits Positive Lead

The Singapore stock market has moved higher in three straight trading days, advancing more than 110 points or 3.2 percent along the way. The Straits Times index now rests just beneath the 3,450-point plateau and it may extend its winning streak on Tuesday. ( read original story ...)

Singapore Plans Blockchain Push to Boost Financial Inclusion

The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion for Southeast Asian countries. In opening remarks for a meeting with finance ministers from Southeast Asian countries on Friday, Heng Swee Keat ... ( read original story ...)