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Tag: finance

Posted on 09/04/2025

OCBC in group behind world’s first facility-level just transition guidelines for banks

A new set of tools aims to help banks assess their alignment with just transition principles, enabling rapid climate action while creating social and economic opportunities for communities.

Posted on 09/04/2025

Singapore directors, CEOs, companies continue share buybacks amid global stock market shake up

Centurion Corporation’s non-executive director Han Seng Juan, bought 250,000 ordinary shares for $1.04 per share for $260,000 on Apr 7. Han, who owns a 50% shareholding interest in the company, now ...

Posted on 09/04/2025

XRP to hit USD12.50 by end-2028: Standard Chartered

XRP is uniquely positioned at the heart of one of the fastest growing uses for digital assets: Standard Chartered ...

Posted on 09/04/2025

OCBC picks four ‘defensive’ S-REITs amid recession risks

Valuations for S-REITs “appear attractive” from both a historical price-to-book and dividend yield perspective, says OCBC, but they warn that the path ahead “will not be without headwinds”.

Posted on 09/04/2025

Vistek: Vistek’s IPO Is A Bet On Big-League Growth

Vistek's IPO targets L6 status to secure larger contracts. Learn about their growth plans, valuation concerns, and ideal entry price. Click to read why VTEK is a Hold.

Posted on 09/04/2025

Singapore firm nearly lost $500,000 after deepfake video scam: police

A multinational firm in Singapore almost lost nearly US$500,000 after a deepfake video conference scam preyed on the company's finance director.

Posted on 09/04/2025

Fiji Men And Kiwi Women Conquer Singapore Sevens Thriller

Argentina's men finished their Singapore campaign with a bronze after defeating Spain, while Canada’s women also scooped bronze. The Singapore event also saw the announcement of ...

Posted on 09/04/2025

Standard Chartered names David Hardoon as global head of AI enablement

Hardoon reportedly helped develop the Singapore central bank’s AI strategy. Standard Chartered has appointed David Hardoon as global head of artificial intelligence (AI) enablement, effective 7 April ...

Posted on 09/04/2025

UltraGreen.ai is said to mull up to $400 mil IPO in Singapore

Singapore has yet to host an IPO this year, though France’s Praemia REIM and Japan’s NTT are considering listing real estate investment trusts in the city-state, according to previous reports.

Posted on 08/04/2025

DBS, UOB and OCBC shares extend fall as outlook clouds on potential Fed rate cuts, US tariffs

Analysts say the banks could face issues such as softer loan demand and lower net interest margins. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/04/2025

UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City

SINGAPORE] United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into its Vietnam subsidiary, bringing its total charter ...

Posted on 08/04/2025

Bank of Singapore pioneers ESG tools for private banking in Asia

By bringing together competitors, regulators and environmental experts, Bank of Singapore has pioneered a transformative approach to sustainable private banking. From conceptualising industry-wide ...

Posted on 08/04/2025

Best Credit Card Promotions in Singapore (Apr 2025): Citibank, DBS, HSBC, UOB, and More

This April, sign up for a credit card and you could walk away with welcome gifts like: 6,140 SmartPoints, which you can redeem for an Apple iPad Wi‑Fi, 10th Generation (worth $499) 160,000 Membership ...

Posted on 08/04/2025

Singapore shares settle lower on Tuesday; STI down 2%, bucks regional indices rebound

The Straits Times Index (STI) settled lower on Tuesday (Apr 8), bucking the rebound across regional indices, with the benchmark index closing down 2 per cent or 71.03 points at 3,469.47. Read more at ...

Posted on 08/04/2025

Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating

SINGAPORE] Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs threaten a global trade war. Read more at The ...

Posted on 08/04/2025

Singapore to Set Up Task Force to Address Economic Uncertainties

Singapore will set up a task force to address economic uncertainties after the U.S. announced plans to impose a reciprocal tariff of 10% on imports from the city-state, Prime Minister Lawrence Wong ...

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