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Tag: finance

Posted on 08/08/2024

Singapore shares open lower on Thursday after DBS appoints CEO successor; STI down 0.2%

SINGAPORE equities retreated on ... by banks on Wednesday helped Europe’s main stock index log its biggest one-day gain since November. This comes even as the continent’s largest company by market cap ...

Posted on 08/08/2024

Singapore regulator forms group to propose measures to bolster stock market

Singapore’s central bank and financial regulator has set up a review group to recommend measures to bolster development of the city state’s stock market and enhance its standing as a financial hub.

Posted on 08/08/2024

OCBC Securities’ ‘formidable’ A.I. Oscar outperformed human traders in internal challenge

Staff from OCBC Securities participated in the six-week internal competition to beat the new A.I. Oscar stock-picker tool.

Posted on 08/08/2024

DBS chief Piyush Gupta to retire in March 2025; veteran banker Tan Su Shan to take over

SINGAPORE – DBS Bank chief executive Piyush Gupta will retire ... while I focus on making sure that we can deliver this year.” Ms Tan recounted that POSB was her first bank account, and DBS was where ...

Posted on 07/08/2024

Ola Electric IPO Day 3 highlights: Ola IPO GMP trends downwards on third day of bidding; issue booked 4.27x so far

Ola Electric Mobility IPO was fully subscribed on the second day of bidding. The issue received bids of 49,43,85,840 shares against the offered 46,51,59,451 equity shares, at a price band of ₹72-76, ...

Posted on 07/08/2024

Singapore banks see wealth fees surge as rich step up trading

SINGAPORE’S biggest banks are reaping benefits from the rich’s appetite to shift assets and trade in the Asian wealth hub, which have boosted the lenders’ earnings. Read more at The Business Times.

Posted on 07/08/2024

Singapore’s venture capital funds covering all bases

Singapore venture capital funds remain the most active investor in Vietnam, with ongoing investments into local startups and potential targets ranging from renewable energy to electric vehicles.

Posted on 07/08/2024

Singapore fintech deals up, but investments decline

Against the backdrop of higher interest rates, economic uncertainties and geopolitical pressures, investments into fintech firms in Singapore showed resilience and adaptability in the first half of ...

Posted on 07/08/2024

Singapore shares open higher on Wednesday—STI climbed 1%

The broader market showed a positive trend, with 81 gainers outpacing 30 losers, as 21 million securities worth S$36.5 million were traded ...

Posted on 07/08/2024

Singapore bank DBS flags heightened uncertainty, Q2 profit beats forecasts

Singapore's biggest bank, DBS Group, flagged more uncertainty ahead but said net profit growth for 2024 was expected to be in the mid-to-high single digits after posting on Wednesday a second-quarter ...

Posted on 07/08/2024

Citibank bags ex-DBS COO as new CEO and Head of Wealth for SEA

SINGAPORE: Citibank Singapore Limited has announced the appointment of Yeo Wenxian as its new Chief... The post Citibank bags ex-DBS COO as new CEO and Head of Wealth for SEA appeared first on The Ind ...

Posted on 07/08/2024

Deutsche Bank appoints private banking market head for Singapore

Puneesh Nayar, who has previously worked at Julius Baer, BSI Bank, Coutts and HSBC, is starting the role on August 12.

Posted on 07/08/2024

Guide To Impact Investing In Singapore, And Understanding How It Works

Impact investing means investing in companies and opportunities that will not only generate positive returns, but also to positively improve the world ...

Posted on 07/08/2024

Ola Electric IPO Day 3 Live Updates: Ola IPO GMP trends downwards on third day of bidding; issue booked 4.27x so far

Ola Electric Mobility IPO was fully subscribed on the second day of bidding. The issue received bids of 49,43,85,840 shares against the offered 46,51,59,451 equity shares, at a price band of ₹72-76, ...

Posted on 07/08/2024

Singapore to revitalize stock market

A newly-established review group with representatives from both the private and public sectors will propose measures to revitalize Singapore’s struggling stock market.

Posted on 07/08/2024

No plans to replicate or scale up cash with no strings attached pilot: MSF

SINGAPORE – There are no plans for the Government to ... randomised control trial between May 2022 and November 2023 by AWWA, with funding from Standard Chartered Bank. Results released in July showed ...

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