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Tag: finance

Posted on 05/02/2025

Singapore banks see 90% client losses due to onboarding delays

Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...

Posted on 05/02/2025

OCBC share price could break towards $19 level, while UOB could reach $39.90: IG

Meanwhile, DBS’s share price has a lower trendline support of $43.80 and could head toward the $42.48 level for a retest, says market strategist Yeap Jun Rong.

Posted on 05/02/2025

IN FOCUS: What will make you put your money in a digital bank?

“Digital banks, with their lower costs and minimal overheads, are well-positioned to offer financial benefits sustainably in the short to medium term at least,” said Mr Amit Chopra, head of banking ...

Posted on 05/02/2025

Citibank’s Ashu Khullar to be global co-head of GAM; K Balasubramanian to be India CEO

Ashu Khullar, Citis India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India's CEO, pending RBI approval.

Posted on 05/02/2025

Market volatility expected as Trump rolls out tariffs, but equities are still be a good bet: Analysts

The US President's aspirations to further America’s exceptionalism could bode well for equity investors. Read more at straitstimes.com.

Posted on 05/02/2025

Rich Asian Investors Push for Trump-Inspired Crypto Boom in Singapore

Rich Asian Investors Push for Trump-Inspired Crypto Boom in Singapore with hopes of raking in huge gains amid government pivot in the market ...

Posted on 04/02/2025

Singapore’s DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor ...

Posted on 04/02/2025

Singapore’s Syfe makes A$65 million bid for Australian investing platform SelfWealth

SINGAPORE-BASED digital wealth platform Syfe on Tuesday (Feb 4) said it made a non-binding indicative offer to acquire SelfWealth, an Australia-listed digital investing platform, for A$65 million ...

Posted on 04/02/2025

Global markets shaken as Trump’s tariffs send shockwaves through Singapore’s economy

The surprise tariff announcement led to a significant global market sell-off, with stocks, bonds, and industrial commodities such as iron ore and copper all taking a hit. Mansoor Mohi-uddin, chief ...

Posted on 04/02/2025

Singaporean golfer Shannon Tan gets sponsor invite to play at HSBC Women’s World Championship

Chen Xingtong is also competing, making it the first time that S'pore has 2 players in the LPGA event. Read more at straitstimes.com.

Posted on 04/02/2025

Eyeing success of Singapore’s Temasek, Indonesia approves investment arm of its own

The agency, dubbed Danantara, is set to receive trillions of rupiah in initial capital as it aims to improve returns from state investments.

Posted on 04/02/2025

Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says

Asia's "nascent capital market" needs a catalyst — but investors shouldn't be deterred from investing in the region's private markets, experts say.

Posted on 04/02/2025

Singapore joins race to woo MNCs looking beyond China as manufacturing hub

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor ...

Posted on 04/02/2025

Best Fixed Deposit Rates in Singapore (Feb 2025)—Rates Up To 3.05%, Minimum Deposits From $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 04/02/2025

Singapore’s Capitaland Investment to invest over $700 million to build data centre in Japan

Singapore's real estate asset manager Capitaland Investment (CLI) said on Tuesday it will invest more than $700 million to develop its first data centre in Japan. The Temasek-backed firm has already ...

Posted on 04/02/2025

Money Talks – A guide to taking on loans in Singapore

From home renovation to purchasing a car and buying a house, what types of loans are available in Singapore and what should you look out for? Head of retail at GXS Bank Jenn Ong explains how to find ...

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