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Tag: finance

Posted on 26/07/2024

Continued Consolidation Expected For Singapore Shares

(RTTNews) - The Singapore stock market has tracked lower in back-to-back sessions, stumbling more than 30 points or 0.9 percent along the way. The Straits Times Index now rests just above the ...

Posted on 26/07/2024

Singapore Central Bank Keeps Policy Unchanged, Sees Stronger Economic Growth Ahead

Singapore’s central bank left its monetary policy settings unchanged for a fifth straight time as it tweaked its economic outlook, expecting cooler inflation and stronger growth.

Posted on 26/07/2024

Singapore’s Aspiring Bankers Skip Class to ‘Stack’ Internships

has spent two semesters away from school to gain more direct exposure to the finance sector. The 24-year-old accountancy undergraduate, who will likely graduate later than many of his classmates at ...

Posted on 26/07/2024

Tohokushinsha, Japanese Coproducer of ‘Lost in Translation,’ Receives $575 Million Takeover Bid From Singapore Investor

Singapore-based finance firm 3D Investment Partners said Thursday that it is seeking to take private Tohokushinsha, the Japanese film and TV distribution firm. Its bid values Tohokushinsha at $575 ...

Posted on 26/07/2024

Grab Buys Singapore’s Chope to Add Dining Reservation Service

Ride-hailing and delivery provider Grab Holdings Ltd. acquired Singapore restaurant reservation app Chope for an undisclosed sum, expanding its services as competition over users intensifies.Most Read ...

Posted on 26/07/2024

Geopolitics, high rates stifle Asia IPO ambitions

Asia witnessed a prolonged slowdown in H1 2024, according to the EY Global IPO Trends Q2 2024 report, with a mere 216 IPOs listed and US$10.4 billion raised. This jaded performance represents a ...

Posted on 25/07/2024

Singapore central bank proposes simplified leverage provisions for REITs

All Singapore REITs will be subject to a minimum interest coverage ratio (ICR) threshold of 1.5 times and an aggregate leverage limit of 50%, under the proposal brought forth by the Monetary Authority ...

Posted on 25/07/2024

Bank Commonwealth Indonesia to cut 1,146 jobs after OCBC acquisition

JAKARTA] Indonesia’s PT Bank Commonwealth (PTBC) is set to lay off 1,146 employees following its acquisition by Singapore’s OCBC, two months after the 2.2 trillion rupiah (S$182 million) deal was ...

Posted on 25/07/2024

HSBC, SBF set to help Singapore businesses expand in India and other regions

SINGAPORE: HSBC and the Singapore Business Federation (SBF) have formalized a strategic collaboration through a... The post HSBC, SBF set to help Singapore businesses expand in India and other regions ...

Posted on 25/07/2024

Ex-DBS and UOB techie now heads Writers Festival

Feeling lonely among American students “who wore cowboy hats” and “talked about their fathers owning oil rigs”, he started to write poetry to cope with his homesickness, isolation and yearning for ...

Posted on 25/07/2024

Singapore stocks open lower on Thursday—STI fell by 0.6%

Genting Singapore also declined, down 1.2% or S$0.01 to S$0.84. Banking stocks also saw declines. DBS edged down 0.1%, dropping S$0.05 to S$36.69. OCBC retreated by 1%, down S$0.15 to S$14.96, while ...

Posted on 25/07/2024

Singapore stocks track regional declines on Thursday; STI down 0.9%

SINGAPORE shares ended lower on Thursday (Jul 25), tracking ... DBS fell 0.5 per cent or S$0.20 to S$36.54, OCBC lost 1.5 per cent or S$0.22 to S$14.89, and UOB was down 1.2 per cent or S$0.38 to S$32 ...

Posted on 25/07/2024

Investors Turn Long on Singapore Dollar After 7 Months; Bearish Bets on Asian FX Ease – Reuters Poll

Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit, while bearish bets on most ...

Posted on 25/07/2024

(LEAD) Finance minister calls for scrutiny of payment delays by TMON, WeMakePrice

Finance Minister Choi Sang-mok called for close market monitoring over delays in payment by e-commerce platforms TMON and WeMakePrice, and all-out efforts to prevent damage to sellers and customers, ...

Posted on 25/07/2024

Finance minister calls for scrutiny of payment delays by TMON, WeMakePrice

Finance Minister Choi Sang-mok called for close market monitoring over delays in payment by e-commerce platforms TMON and WeMakePrice, and all-out efforts to prevent damage to sellers and customers, ...

Posted on 25/07/2024

BASIC bloc slams ‘leadership void’ on climate change, finance

Rich countries have left a "leadership void" in climate politics and must provide trillions of dollars to help developing nations cut their greenhouse gas emissions, the BASIC bloc of Brazil, South ...

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