Singapore dollar stays near two-week low ahead of crucial data

The Singapore dollar has held near a two-week low against the US currency on Monday (13 Feb) ahead of crucial data releases scheduled for the week including the final numbers for the fourth quarter GDP. USD/SGD traded at 1.4207 at 4pm in Singapore ... ( read original story ...)

Why OCBC is downgrading HPH Trust to 'hold'

SINGAPORE (Feb 13): OCBC has cut Hutchison Port Holdings Trust to a “hold” from “buy”, recommending investors to collect HPHT at US$0.41 (58 Singapore cents) and below. The downgrade comes after management dropped its FY17 DPU guidance to 20-23 HK ... ( read original story ...)

Fintech start-up wants to be 'Airbnb of global payments'

Its remittance service is licensed under its sister company, Transfer Easy, by the Monetary Authority of Singapore. For example, a transfer of $1,000 from a bank account here to a Citibank account in India could cost $76 to convert the money to 47,500 ... ( read original story ...)

Car buyers taking out bigger loans after MAS eased rules: Study

SINGAPORE: Car buyers in Singapore took out bigger loans after ... for 244,488 car loan holders who took loans from member banks of CBS: Bank of East Asia, Citibank, DBS, HL Bank, Hong Leong Finance, HSBC, Maybank, Industrial and Commercial Bank of ... ( read original story ...)

Fare Alert: New York to Asia for Under $500 Roundtrip

American Express, Citibank, Chase, and other banks are advertising partners ... Delta partner China Southern is offering fares between New York and Singapore or Kuala Lumpur from $493 roundtrip. Great fares are widely available September through December ... ( read original story ...)

Financial literacy to acquire in 2017

JA Singapore even hosts competitions that simulates a financial situation, so the students can apply their financial literacy knowledge during the competition. For those slightly older, Citibank has also collaborated with Singapore Management University ... ( read original story ...)

Digitisation wave creating new jobs in the world of finance

Mr Fonzarelli Ong, a senior vice-president at Citibank Singapore, recalled that when the global financial crisis hit in 2008, there was a “sweeping anxiety” across the industry. “Markets were quiet, phones were no longer ringing, everyone’s waiting ... ( read original story ...)

Thailand Becomes Tenth Country in Which Samsung Pay Has Launched

The Thai launch of Samsung Pay follows soon after a planned launch in the UK was delayed, and amid anticipation that it will soon debut in India. It is currently active in South Korea, China, Spain, Singapore, Australia, Brazil, Russia, Canada, and the US. ( read original story ...)

DBS Group selling PwC Building to Manulife in $747 million deal

Singapore - In the first transaction of an entire Singapore office building this year, DBS Group announced on Friday evening that it is selling PwC Building at 8 Cross Street to an indirect subsidiary of Manulife Financial Corp. This confirms an earlier BT ... ( read original story ...)

Is The Singapore Stock Market A Buy In 2017?

Emerging markets are performing very well lately. We have indicated in several articles why, and indicated which emerging stock markets are worth considering. One of the many questions of readers we received this week is whether the Singapore stock market ... ( read original story ...)