CITI and Maybank Securities announced on Wednesday (Dec 18) that they will be working to facilitate the lending of retail clients’ global equity holdings together using Citi’s platform. Read more at ...
Singapore stocks traded lower on Friday morning—STI fell 0.5%
SINGAPORE: Singapore stocks traded lower on Friday (Dec 20) morning following weak performances in the United States and Europe as investors reacted to the Federal Reserve’s hawkish signals. The ...
REIT listings may boost Singapore IPO market in 2025
A central bank plan to cut listing costs could enhance the city-state’s market appeal. Singapore may experience increased listing activity next year after a slow 2024, with real estate investment ...
Singapore banks, insurers to review use of NRIC numbers
SINGAPORE: Local banks and insurers are reviewing their use of NRIC numbers, and existing practices could change, they said in separate statements on Thursday (Dec 19).
Singapore Stock Market May Ebb On Friday
The Singapore stock market has moved lower in three straight sessions, falling more than 55 points or 1.6 percent along the way. The ...
Singapore bankers to see up to 30% pay rise in 2025
But overall hiring trend remains cautious with employers opting for replacement hiring. Professionals switching jobs in the banking and financial services sector in Singapore can expect salary ...
10 best ways to invest in 2025
Analysts are not too worried about the impact of US tariffs on Asian investments. Singapore investors are likely to weigh another round of trade wars between the world’s biggest economies, Asian ...
Brokers’ Digest: CapitaLand Investment, DBS, Sembcorp, Hong Leong Asia, First Resources
The addition of SC Capital helps beef up CLI’s presence in Japan. DBS reckons that the Price/FUM paid by CLI for Wingate is at around 8%. When Regal Group acquired private credit fund manager Merricks ...
Latest Singapore six-month T-bill cut-off yield inches up to 3.02%
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) rose to 3.02 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (Dec 19). Read ...
Digital banks in Singapore surge in revenue but sink deeper into losses as profit proves elusive
According to The Star report, GXS Bank, a joint venture between Grab Holdings and Singtel, reported a remarkable threefold increase in revenue, reaching S$14.3 million in 2023. Despite the surge in ...
Saudi Global Ports, co-owned by Singapore’s PSA, taps banks for up to $1.36 billion IPO: Sources
RIYADH - Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial public offering (IPO), according to people familiar with the ...
Reversing The Flow: How Nubank’s Expertise Could Redefine Digital Banking Competition In Southeast Asia
For years, digital banking in Asia has operated on a seemingly straightforward axis either innovation or inclusion. With Nubank and Tyme, that could all change.
Singapore stocks traded lower on Thursday morning—STI dropped 0.9%
SINGAPORE: Singapore stocks traded lower on Thursday morning, following losses in Asian markets after the US Federal Reserve signalled fewer interest rate cuts for 2025. The Straits Times Index (STI) ...
Singapore digital banks struggling for profits
Digital banks have been up and running for about two years here but turning a profit remains as elusive as ever.
Annual Standard Chartered Singapore Marathon draws around 13,000 international runners from 84 countries
This year's Standard Chartered Singapore Marathon is seeing an upward trend in international participation. Around 13,000 people from more than 80 countries joined the run, making it the highest since ...
SGX’s 4 IPOs in 2024 lowest in over a decade, but outlook is bright for 2025: Report
More healthcare and real estate sector listings are expected in 2025, said PwC. Read more at straitstimes.com.