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Tag: finance

Posted on 28/01/2025

A Trio of ANZ Credit Traders Depart to Join Standard Chartered

Some senior ANZ Group Holdings Ltd. credit traders are departing the Australian lender to move to Standard Chartered Plc., according to people familiar with the matter.Most Read from BloombergWhat ...

Posted on 28/01/2025

Standard Chartered still undervalued despite rally, says CEO

Standard Chartered shares still have potential to soar even after an 85% increase in the stock over the past year, according to CEO Bill Winters.

Posted on 28/01/2025

Jefferies targets DBS shares to hit $49; UOB to hit $42; OCBC to reach $19 ahead of 4QFY2024 results

Analysts Sam Wong and Shujin Chen predict a $2 billion share buyback programme for UOB, a ‘modest increase’ in DBS’s annual dividend and limited near-term scope for OCBC.

Posted on 28/01/2025

Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout

Data centre-related real estate investment trusts (Reits) in Singapore already fell on Jan 27 on the back of the saga surrounding DeepSeek. Keppel DC Reit dropped about 8 per cent to $2.09 by Jan 27’s ...

Posted on 28/01/2025

Singapore Shares Likely To Open In The Red On Tuesday

The Singapore stock market has moved lower in consecutive trading days, easing almost 10 points or 0.3 percent in that span. The ...

Posted on 28/01/2025

DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss

By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial ...

Posted on 28/01/2025

Citi maintains neutral stance on Keppel REIT stock with SGD0.90 target

Despite these positive aspects, the report expressed caution regarding Keppel REIT (OTC:KREVF)'s future share price performance. High leverage, with a debt-to-equity ratio of 0.51, was cited as a ...

Posted on 28/01/2025

Investment sales volume grows by 13.3% YoY in Q4 2024

During Q4 2024, investment volume was around $7b, according to Colliers. Singapore’s investments for the fourth quarter of 2024 (Q4 2024) grew by 13.3% year-on-year (YoY) to $26.6b despite declining ...

Posted on 27/01/2025

Etiqa launches Singapore’s first takaful insurance product in years

Demand for Islamic financial products from the Middle East and Southeast Asia is growing. Etiqa Insurance Pte Ltd. has launched Singapore’s first takaful insurance product in more than a decade, as it ...

Posted on 27/01/2025

How Singapore Became the World’s Most Crypto-Friendly Country

Singapore is a leading country in crypto and blockchain technology. Its supportive regulatory environment has made the country a crypto hub.

Posted on 27/01/2025

Fintech company Pine Labs to file for IPO by mid-February

Leading fintech firm Pine Labs is gearing up to file its initial public offering (IPO) documents by mid-February. The company had recently completed the process of shifting its base from Singapore to ...

Posted on 27/01/2025

Pine Labs to file draft documents for IPO by mid-February

With the process of reverse flipping completed, Pine Labs plans to go public by August. The IPO may be a mix a fresh issue and offer for sale ...

Posted on 27/01/2025

Bank of Singapore adds six to Dubai advisory, product team

Zeena Abou Elnaja joins the bank’s investment advisory team from Julius Baer. A CFA by qualification, Elnaja has also worked with Standard Chartered Bank in the Middle East and will further strengthen ...

Posted on 27/01/2025

Experts clash over Singapore’s 2025 monetary policy amid easing inflation

Economists differ on MAS’s next move, with some expecting policy easing and others urging caution amid stable inflation and growth ...

Posted on 27/01/2025

RHB, DBS maintain ‘buy’ on ESR REIT despite DPU drop

ESR REIT reported a 17% drop in its DPU for FY2024 as the REIT did not enjoy income from divested assets and as certain other properties are being redeveloped or down for asset enhancement initiatives ...

Posted on 27/01/2025

DBS/POSB and The Secret Little Agency creates limited-edition home scent to spread joy and fortune in Singapore over Chinese New Year

Singapore’s longest-serving neighbourhood bank has created a limited-edition home scent to spread joy and fortune in our homes this Lunar New Year.

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