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Tag: finance

Posted on 02/09/2024

5 Singapore Stocks Paying Out Dividends in September

The Singapore stock market has always been a great place for dividends. Income-seeking investors not only have a wide choice of companies to select from but dividends are also exempted from taxation.

Posted on 02/09/2024

Market mood upbeat ahead of expected Fed rate cuts

Whatever the quantum, news of a rate cut will likely lift market sentiment initially. CGS International pointed out in a strategy report last week that anecdotal evidence of stock performance in ...

Posted on 02/09/2024

Singapore’s OCBC website, mobile app resume after disruption

(Bloomberg) — Singapore lender Oversea-Chinese Banking Corp. said its website and mobile app were working normally after being inaccessible to some users earlier Sunday. The bank apologized for the ...

Posted on 02/09/2024

Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia

Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the ...

Posted on 02/09/2024

UOB leverages AI for data-centric approach to optimising portfolio allocation

UOB, possibly Singapore’s first local bank to use artificial intelligence (AI) and big data analytics to allocate capital in its corporate banking division, is looking to expand its portfolio ...

Posted on 02/09/2024

HSBC Singapore names James Coyle as independent non-exec director

Coyle had previously served on the boards of HSBC UK and HSBC Trust. HSBC Singapore appointed James “Jim” Coyle as independent non-executive director of its board, effective 1 September 2024. Coyle ...

Posted on 01/09/2024

India, Singapore to sign pact on semiconductors during PM Modi’s visit

Investment will be another key focus of the visit. Singapore has been invited by the Indian government to invest in 12 industrial parks announced last week. The Lion City, known for being the ...

Posted on 01/09/2024

HSBC exit makes Matos one of Europe’s most sought-after bankers

As HSBC Holdings’s top executives queued up in July to publicly welcome the installation of Georges Elhedery as the bank’s next chief executive officer, one prominent voice was notably absent from the ...

Posted on 01/09/2024

Top Fixed Deposit Rates in Singapore offer 3.50% yield – Higher than T-Bills after this week’s auction (Sep 2024)

Top Fixed Deposit Rates in Singapore offer 3.50% yield – Higher than T-Bills after this week’s auction (Sep 2024) ...

Posted on 01/09/2024

Singapore banks lead advanced Asia in sustainable financing policies: report

SINGAPORE banks have the most detailed and ambitious decarbonisation policies among advanced economies in Asia, according to a recent report by sustainability-focused consulting company Asia Research ...

Posted on 01/09/2024

OCBC internet, mobile banking restored after some users face disruption

OCBC apologised for the inconvenience caused and advised customers who had difficulties using their services earlier on to log in again.

Posted on 01/09/2024

OCBC internet, mobile banking down for some users

The bank says its internet and mobile banking services are "progressively being restored", adding that no customer data has been compromised.

Posted on 01/09/2024

Singapore Paincare Holdings Full Year 2024 Earnings: EPS: S$0.012 (vs S$0.003 loss in FY 2023)

Be aware that Singapore Paincare Holdings is showing 4 warning signs in our investment analysis and 2 of those make us uncomfortable... Have feedback on this article? Concerned about the content? Get ...

Posted on 01/09/2024

India OKs Singapore Airlines investment for Air India-Vistara merger

Singapore Airlines has received Indian government approval for foreign direct investment allowing it to merge Vistara into Air India ...

Posted on 31/08/2024

Hong Kong electronics firm PC Partner eyes new home base, secondary listing in Singapore

Setting up a new headquarters in Singapore and a secondary listing in the city state form part of PC Partner’s expansion into Southeast Asia.

Posted on 31/08/2024

Validus Adds $50 Million from HSBC for Online Lending to MSMEs

Validus is reporting new capital from HSBC in the amount of USD $50 million. The funds will be utilized to provide online lending for micro, small, and medium ...

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