Tag: finance

SINGAPORE] Trust Bank on Friday (May 23) reported net interest income of S$72.8 million for the financial year ended Dec 31, 2024, up 124.7 per cent from S$32.4 million a year ago. Read more at The ...

Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said. Trust Bank’s revenue rose 148% to S$97m in 2024 from S$39m in 2023, according to a report. Operating losses narrowed to ...

Blended finance at critical crossroads, says Convergence; accounting regulator publishes guide for sustainability reporting trainers Read more at The Business Times.

HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two ...

SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent. Read more at The ...

Vantage Corp is aiming to become the only New York-listed shipbroker with plans to launch an initial public offering. Securities filings show the Singapore parent of Vantage Shipbrokers is aiming to ...

Lihan Zhou, CEO and Co-Founder of Mirxes, a Singapore-based bio-test company, discusses the company's Hong Kong IPO and growth prospects.

Senior ministers warn that Southeast Asian nations are finding it increasingly difficult to remain neutral as the growing trade conflict between the United States and China forces them to choose sides ...

Singapore's safe haven status caps downside risk while ongoing market reforms present upside potential, and we see its outperformance over global equities enduring' ...

Despite having a free-trade agreement and running a trade deficit with the United States, Singapore has been slapped with a 10% baseline tariff rate by Washington. Other Southeast Asian countries have ...

On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist at Invesco Asia Pacific.

On Thursday, US markets closed mixed as concerns over rising interest rates and an expanding federal deficit weighed on sentiment. The 30-year Treasury yield climbed to its highest level since 2023 ...

Genting Singapore (GENS) recently reported its 1QFY2025 ended March 31 results, which saw earnings decline by 41% y-o-y to $145 million. On a q-o-q basis, earnings grew 2%.

Singapore’s crypto awareness rate hits 94%, yet only 29% of people own crypto, revealing a cautious shift in investment sentiment amid market uncertainty.

Eldric Ko, 51, founder of Premium Liquid Assets (PLASG), misappropriated approximately $12.67 million through a fake wine investment scheme launched with alleged accomplice Koo Han Jet, who remains at ...