SINGAPORE: Investment sales in Singapore saw a strong uptick in the third quarter of 2024, rising by 22.7% compared to the previous quarter and 25.4% year-on-year, reaching a total of $8.05 billion, ...
Standard Chartered Trade Institute receives accreditation from LIBF
Singapore – Standard Chartered has today announced that its flagship Trade Institute has received full accreditation from LIBF (formerly known as the London Institute of Banking and Finance).
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy” call for two of the three Singapore bank stocks covered. Read ...
Singapore firms brace for modest recovery as profits continue to tumble
Looking ahead to the final quarter of 2024, Chow expects Singapore’s GDP to grow by 3.7% to 4%, which aligns with the expectations of a steady recovery in the manufacturing and services sectors.
Singapore banking sector’s overall exposure to India’s Adani Group is small, MAS says
The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by U.S. authorities, is small, the Monetary Authority of ...
HSBC links SMEs’ sustainability performance to interest rates with new Sustainability Improvement Loan
Firms that improve their scores throughout the tenure of their loan with HSBC may benefit from reduced interest rates. However, should borrowers’ scores decline, the rates on their loans may increase.
3 Singapore Blue-Chip Stocks Whose Share Prices Could Hit New 52-Week Highs
These three stocks may have done well this year, but look out for continued strong performances as 2025 beckons. The post 3 Singapore Blue-Chip Stocks Whose Share Prices Could Hit New 52-Week Highs ...
COP29 ends with deal on climate finance after bitter fight
Under a compromise, rich nations eventually agreed to commit US$50 billion more than called for in a draft agreement on Friday.
ITRIX secured a seed funding of USD 2 million from Singapore investment firm DE.AI TECH
On 17, 2024, ITRIX, a product based on AI + Web3 digital avatars, received $2 million in seed funding from Singaporean investment firm DE.AI TECH. The funding will be used for market operations and pr ...
More than 3 years’ jail for man linked to loan ruse in which banks were cheated of over $1m
SINGAPORE – A man who worked with a female accomplice to dupe two banks into disbursing loans totalling $1,218,000 by using false statements was sentenced to three years and nine months’ jail on Nov ...
Peregrine falcons recorded nesting in Singapore’s CBD for first time, tray set up to encourage breeding
SINGAPORE: Peregrine falcons have been recorded nesting for the first time in Singapore - in the heart of its central business district, in a recess high up on OCBC Centre in Chulia Street. The birds, ...
COP29 climate talks on the brink as finance deal remains elusive
In an effort to get an agreement over the line, the US and EU negotiators had proposed that developed nations increase a funding commitment to US$300 billion a year.
Market capitalisation to GDP: Is the Buffett ratio giving us any signal?
The Buffet Ratio measures whether stock markets are overvalued or undervalued. Many countries, including the USA and Japan, have experienced periods of overvaluation. India has seen significant growth ...
Banking on quantum: OCBC to train 100 employees in quantum computing as next-gen tech shapes up
SINGAPORE – OCBC Bank aims to train up around 100 employees in quantum computing over the next three years to develop new applications and strengthen defences against emerging cybersecurity threats as ...
Temasek’s CapitaLand warns of China property losses as Singapore investor cuts exposure
CapitaLand Investment, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis. The Singapore-based firm wants to ...
Daily Cuts – Singapore upgrades 2024 economic growth forecast to around 3.5%
Singapore Today's Lance Alexander and Daniel Martin speak with Selena Ling, Chief Economist and Head of Global Markets, Research and Strategy, OCBC Bank, about whether this is an impressive economic ...