SINGAPORE - At least $1.7 million has been lost since January in six cases involving scammers who baited their victims with supposedly outstanding insurance premiums, the police and the Monetary ...
Money market funds are gaining traction in Singapore, with returns from 2.5%
SINGAPORE – Investors often forget that apart from stocks and bonds, there is a third key building block to a diversified investment portfolio – cash. Holding too much or too little of any of them ...
Singapore Stock Market May Find Additional Support On Thursday
(RTTNews) - The Singapore stock market on Wednesday snapped the three-day losing streak in which it had dropped almost 100 points or 2.5 percent. The Straits Time Index now sits just above the ...
Standard Chartered launches exclusive investment club for ultra-wealthy clients
Standard Chartered said on Tuesday that its global private banking unit had launched an investment platform specifically tailored for its ultra-high-net-worth clientele.The Private Markets ...
Stronger investor protection in Singapore needed as gaps persist: Sias report
SINGAPORE] Right-sizing regulation to boost Singapore’s equities market is crucial but not at the expense of investor protection, which is important for retail and institutional investment, noted an ...
UOB targets 10 million Asean retail card customers by 2027 as entertainment spending grows
SINGAPORE] UOB aims to grow its Asean retail card customer base to 10 million by 2027, through more partnerships in the entertainment space. Read more at The Business Times.
Under-35s are UOB’s fastest-growing card spenders, especially for travel and dining
They spent over 40 per cent more on these spending categories in 2024 than in 2023. Read more at straitstimes.com.
Sora, benchmark interest rate for home loans in Singapore, fell to lowest since end-2022 this week
Singapore dollar’s outperformance vs most Asian currencies helped push down borrowing costs. Read more at straitstimes.com.
Singapore-based Shein remains committed to IPO as firm weathers US tariff storm
LONDON] Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the crosshairs of US President Donald Trump’s campaign to rebalance ...
UBS sets up wealth teams in Singapore for Australia and Japan
SINGAPORE – UBS Group has established offshore desks in Singapore to cater to its clients in Australia and Japan, according to the bank’s Asia-Pacific wealth management co-head.
Banking on collaboration: How fintech and bank partnerships can help SMEs grow globally
Strategic alliances between payment platforms and financial institutions are crucial for providing global payment coverage to SMEs, says WorldFirst CEO Clara Shi. Read more at The Business Times.
Chocolate Finance sets $250 spending limit on debit card
SINGAPORE – Financial services firm Chocolate Finance imposed a $250 spending cap on its debit card a day after it paused withdrawals following a spike in requests. The firm told customers on March 11 ...
OCBC Unifies Global Finance with Oracle Fusion Cloud ERP
With Oracle Cloud ERP, OCBC has increased productivity and improved controls. Oracle Fusion Cloud Enterprise Performance Management (EPM), part of Oracle Cloud ERP, has also enabled OCBC to align its ...
Caution prevails in Asian stock markets amid US tariff fears, but losses may be limited: Analysts
Uncertainty surrounding US tariffs and potential retaliatory measures will continue to weigh on Asia's stock markets until more clarity emerges, analysts say.
Best Credit Card Promotions in Singapore (Mar 2025): Citibank, DBS, HSBC, UOB, and More
This March, sign up for a credit card and you could walk away with welcome gifts like: 6,140 SmartPoints, redeemable for an Apple iPad Wi‑Fi, 10th Generation (worth $499) 160,000 Membership Rewards® ...
Haldiram’s Eyes Pre-IPO Boost With Additional 5 Per Cent Stake Sale To Temasek
In a significant move ahead of its anticipated initial public offering (IPO), Haldiram Snacks Foods is set to sell an additional 5 per cent stake to Singapore-based investment firm Temasek. This ...