The Singapore stock market has finished lower in five straight sessions, giving away almost 115 points or 3 percent along the way.
Basel III Endgame and what it means for Singapore banks
The finalisation of Basel III rules represents a significant milestone in strengthening the global banking system’s resilience ...
Better market clarity later this year; position for China consumption plays, says OCBC’s Menon
Everyone is waiting with bated breath because of Trump's unpredictability and what the Fed will do in the next six months ...
850,000 seniors to receive $200-$300 in AP Seniors’ Bonus cash next month
The AP also guarantees eligible Singaporean senior citizens an AP Seniors’ Bonus totalling between $600 and $900 to be disbursed over three years. As for AP MediSave top-ups, Singaporeans who are 20 ...
Grab, Singtel-backed Super Bank mulls IPO: report
The Jakarta-based digital bank may raise up to $300m, sources said. Super Bank Indonesia is considering an initial public offering that may take place in Jakarta as soon as this year, according to ...
Uni-Fuels Becomes Singapore’s First Marine Fuel Provider to List in U.S.
“We are extremely honoured to be the first homegrown Singaporean marine fuel provider to list on Nasdaq and in the U.S.,” said chief executive officer Koh Kuan Hua. “This achievement reflects the hard ...
British activist investor seeks to disrupt Singapore’s Great Eastern takeover
Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in Asia ...
Singapore renews Cordlife’s licences for cord blood banking, human tissue banking services
SINGAPORE: Cordlife announced its cord blood banking service and human tissue banking service licences have been renewed by the Ministry of Health (MOH) for one year, with effect from Jan 14.
Singapore shares in the black at Wednesday’s open; STI up 0.2%
Singapore shares were in positive territory on Wednesday (Jan 15) at the open, as investors globally await key inflation data in the US which will set interest rate expectations. Read more at The ...
Special dividend from DBS, share buyback programme by UOB in CGSI’s forecasts ahead of FY2024 results
The analysts’ second-choice pick is OCBC, with an “add” call and a target price $17.70. “OCBC’s robust common equity tier-1 (CET-1) of 16% as at end-2Q2024 remains a key advantage, whether for M&As or ...
Cordlife’s licences for cord blood banking and human tissue banking services renewed for a year
Cordlife was allowed to resume its cord blood banking services on a limited basis. Read more at straitstimes.com.
As Singapore cracks down on online financial scams, will Malaysia follow suit?
Malaysia and Thailand are reviewing their own laws against online fraud, with an eye on Singapore’s Protection from Scams bill.
2 people avoid losses of over $218,000 due to Anti-Scam Centre and banks’ efforts
SINGAPORE - Two people who were targeted in separate scam schemes managed to avoid losses of more than $218,900 after the police’s Anti-Scam Centre (ASC) and the victims’ banks stepped in. The ASC ...
Upcoming Zepto IPO: From Singapore to India; Key approvals and shifts – Here’s what you need to know
Zepto plans IPO debut in India, shifting domicile from Singapore. Key preparations underway. Stay updated for more details!
Grab, Singtel-backed Super Bank is said to consider Jakarta IPO this year
Super Bank’s backers also include app platform Grab Holdings and Singapore Telecommunications and KakaoBank Corp., according to its website. It traces its roots back to 1993, when it was known as PT ...
Singapore’s growing financial services sector one for investors to keep a long term view
Amid the years of rising geopolitical tensions, the steady growth of Singapore’s financial services industry has shown investors that this is a sector where they can take a long-term view, says Chee ...