Tencent, which added more than US$400 billion of market value over the past decade, has been one of the largest beneficiaries of China’s shift. While the Shenzhen-based firm still earns a big chunk of its profits from online games, much of the stock’s ... ( read original story ...)
The Case Of PetroChina, The Worst Stock Slump Ever
By dollar amount at least, the loss of $800 billion of market value represents the ... But investors hoping for a rebound in PetroChina's stock may want to reconsider, at least according to Toshihiko Takamoto, a Singapore-based money manager. ( read original story ...)
Asian markets mixed as market await next Fed leader
SEOUL, South Korea (AP) -- Asian stock markets were mixed on Thursday as investors ... assess future monetary policy shifts," said Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "Current Fed governor Jerome Power is believed to be the ... ( read original story ...)
SE Asia Stocks-Indonesia hits record high; Singapore drops 1 pct
For Asian Companies click; SOUTHEAST ASIAN STOCK MARKETS AS AT 0421 GMT Market Current Previous Pct Move close Singapore 3365.75 3391.61 -0.76 Bangkok 1713.07 1714.55 -0.09 Manila 8506.59 8365.26 1.69 Jakarta 6081.47 6038.146 0.72 Kuala Lumpur 1740.25 1743 ... ( read original story ...)
Singapore’s DBS unveils world’s largest banking API platform
Singapore's largest lender DBS Bank launched the world's largest ... account balances and for that they only need to have their salaries credited with DBS/POSB and transact in one or more of the following categories: credit card spend, home loan instalment ... ( read original story ...)
The one thing stopping bankers in Hong Kong and Singapore from getting new jobs
“This problem happens all in the time in Asia,” says Clarence Law, a Singapore-based business advisor in private banking. “It would be a miracle if I got through a year without seeing several cases of last-minute candidate withdrawals from job offers ... ( read original story ...)
Standard Chartered rejigs top team as retail banking boss leaves
The change will take effect at the end of November. It is part of a wider shake-up of senior roles at Standard Chartered. Singapore chief executive Judy Hsu will take over responsibility for South-East and South Asia from Anna Marrs, with Ms Marrs ... ( read original story ...)
OCBC publishes book documenting its growth in S’pore
SINGAPORE — In 1969, when OCBC started to outgrow the China Building that has housed it for nearly 40 years, it began work on a new “superstructure” that would become the bank’s present headquarters on Chulia Street today. The day the move was ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to US$4.55b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
DBS to re-skill 1,500 bank staff in its own professional conversion programme
SINGAPORE - In a move to help employees sharpen their competitiveness and deepen their skillset, DBS Bank will proactively re-skill 1,500 employees over the next 18 months under a scheme known as Professional Conversion Programme (DBS PCP). Extolling this ... ( read original story ...)
UOB Malaysia launches mobile banking app
has launched UOB Mighty, a mobile banking app that enables customers to turn their smartphones into electronic wallets and enjoy great dining deals in Malaysia, Singapore and Thailand. In a statement today, UOB Malaysia said the app allowed customers to ... ( read original story ...)
ETMarkets Morning Podcast: What will sway your market today
Asian stocks opened sluggish this morning and Nifty futures on the Singapore Stock Exchange were trading mildly down to give a tepid setup for Dalal Street this morning. That's where we start the day, ladies and gentlemen. This is Saloni Goel, your market ... ( read original story ...)
DBS to re-skill 1,500 employees under professional conversion programme
... to re-skill 1,500 employees in the next 18 months under the bank’s professional conversion programme (DBS PCP), the first for a bank in Singapore. DBS has mapped out eight job roles to help employees in these roles obtain the necessary knowledge and ... ( read original story ...)
DBS : to proactively re-skill 1,500 employees to equip them with new skills and competencies to be future-ready
These employees will be re-skilled under the bank's proactive Professional Conversion Programme (DBS PCP). In a first for a Singapore bank, DBS has proactively mapped out eight job roles to help employees in these roles obtain the necessary knowledge and ... ( read original story ...)
PetroChina, the biggest stock collapse in world history, is set to get worse
"It's going to be tough times ahead for PetroChina," said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One, which oversees about $US800 million in Asia. "Why would anyone want to buy the stock when it's trading for more than 30 ... ( read original story ...)