SINGAPORE—DBS Bank will partner logistics company DHL Express Singapore to reduce its carbon footprint, according to a joint press release by the two firms on Tuesday. The three-year partnership will enable the bank’s global express shipments to become ... ( read original story ...)
Former Citi Chairman and Asia Pacific CEO Shirish Apte invests in fintech startup Invoice Bazaar
Apte has over 30 years’ experience with Citigroup. In 1997, he took the position of Citibank’s President and Country Manager for Poland. He was responsible for Citibank’s acquisition of Bank Handlowy in 2000, following which he was appointed Deputy ... ( read original story ...)
UOB: Singapore dollar expected to weaken against ringgit
The cross rate between the Singapore dollar (SGD) versus the Malaysian ringgit (MYR) could possibly head lower and return to below the 3.0 level by year-end, says United Overseas Bank (UOB). Based on current trend, the cross would likely pass through the 3 ... ( read original story ...)
Wealth Investments Paying Off for Singapore's Three Big Banks
DBS, OCBC made acquisitions last year to bolster wealth units Singapore’s big three banks have invested heavily in their wealth-management businesses over the past year and the results are starting to show. Higher income from servicing Asia’s more well ... ( read original story ...)
3 Risks to Worry About in The Stock Market Today
Singapore’s northern neighbour is building an Integrated ... Many investors are optimistic as seen in the strong performance of the US stock market in recent months. However, with optimism potentially comes greed and over-confidence. ( read original story ...)
Chris Knight looks back on Singapore as we move on to Paris this weekend
Chris Knight looks back on Singapore Sevens as we head towards Paris this weekend on the HSBC World Sevens Series For the second time in two years, Singapore Sevens produced another first time champion as day two parked a string of surprising results. ( read original story ...)
Singapore Update: IPOS Announces Billion Dollar Fund to Help Companies with Strong IP to Compete Globally
The Intellectual Property Office of Singapore (IPOS) announced on 26 April 2017 the launch of a new billion-dollar fund aimed at helping promising companies to grow and expand into global markets. The Makara Innovation Fund (MIF), established through a ... ( read original story ...)
OCBC Q1 net profit up 14%, rebounding from previous quarter
SINGAPORE: The Oversea-Chinese Banking Corp (OCBC) reported a 14 per cent rise in quarterly profit on Tuesday (May 9), largely led by sustained growth in its wealth management business and robust results from insurance operations. This comes after a ... ( read original story ...)
Asia stocks, dollar subdued after French relief, South Korea vote eyed
SINGAPORE Asian stock markets edged down on Tuesday following ... Germany's DAX and France's CAC 40 to all open flat. The South Korean stock market, which finished at a record high on Monday, is closed for Tuesday's presidential election. ( read original story ...)
Singapore fintech offers online banking options
Singaporean tech is boosting financial inclusion across Southeast Asia, where millions are locked out of a rapidly modernizing economy. CNN's Kristie Lu Stout reports. ( read original story ...)
Asia stocks, dollar subdued as market seeks next catalyst, oil rises
SINGAPORE Asian stock markets were mixed on Tuesday following ... while oil inched higher on expectations OPEC supply cuts will be extended. The South Korean stock market is closed for Tuesday's presidential election, in which liberal Moon Jae-in is ... ( read original story ...)
Singapore Airlines partners with UOB for frequent flyer program
United Overseas Bank Limited (UOB) has teamed up with Singapore Airlines’ (SIA) frequent flyer program to launch KrisFlyer UOB Account. Targeting those who prefer to use a debit card or millennials who may not yet be eligible for a credit card the ... ( read original story ...)
OCBC Q1 profit rises 14 pct, driven by wealth management business
SINGAPORE May 9 Singapore's Oversea-Chinese Banking Corp Ltd reported a nearly 14 percent rise in quarterly profit, largely led by sustained growth in its wealth management business and robust results from insurance operations. The city-state's second ... ( read original story ...)
Gigaba set to woo Singapore investors
Cape Town - Finance Minister Malusi Gigaba would soon head to Asia to woo fund managers after he held bilateral engagements with Singapore’s deputy Prime Minister, Tharman Shanmugaratnam, at the recently concluded World Economic Forum on Africa. ( read original story ...)
Positive Lead Tipped For Singapore Stock Market
(RTTNews.com) - The Singapore stock market bounced higher again on Friday, one session after it had ended the three-day winning streak in which it had collected almost 65 points or 2 percent. The Straits Times Index remains just beneath the 3,230-point ... ( read original story ...)
The Weekly Nibble: Is the Local Stock Market Worth The Price Now?
Let’s check them out. 1. Is The Singapore Stock Market Expensive Or Cheap Right Now? No one likes to buy something that is not worth the price. On that same note, we should be mindful of a stock’s intrinsic value when we’re thinking of investing in int. ( read original story ...)