HSBC has announced the completion of a major phase in its global reorganisation, consolidating its structure into four core business units.
Standard Chartered’s Libeara to launch tokenized money market fund on Ethereum
Libeara, Standard Chartered's tokenization platform, plans to launch a US dollar tokenized money market fund on Ethereum.
Flipkart IPO on the cards in 12-15 months – likely to be largest share issue by a new-economy company
Flipkart, India's leading e-commerce company, is preparing for a landmark IPO within the next 12-15 months. The Walmart-owned company, valued at $36 billion, aims to list in India after shifting its ...
Vietnam-Singapore Partnership Advances with Focus on Sustainability, Investment, and Trade
Singapore is consistently a top ranked foreign investor in Vietnam, channeling substantial capital across diverse industries and now focused on sustainability.
Singapore: From waterless wilderness to billionaires’ paradise, the tiny island that’s now among the world’s richest
Singapore transformed from a nation struggling with illiteracy, pollution, and poverty to a global leader in finance, shipping, and biodiversity ...
HSBC appoints Annie Lim as global private banking (GPB) desk head for Singapore
HSBC today announced the appointment of Annie Lim as global private banking (GPB) desk head for Singapore, effective Dec 2, 2024. As part of HSBC’s strategy to significantly grow its GPB business in ...
OCBC keeps ‘hold’ on Bumitama Agri but with a higher fair value of 91.5 cents
For Lim, Bumitama Agri is increasingly being seen by the market as a dividend yield play, with Refinitiv consensus expecting it to offer a 12-month forward dividend yield of 6.4%. Lim has raised her ...
Flipkart to shift base from Singapore to India as it prepares to public, IPO in next 12-15 months
In a strategic move to align with local regulations and prepare for a listing on India’s stock exchange, Flipkart will be shifting its base from Singapore to India ...
With IPO On The Horizon, Flipkart Gets Internal Nod To Move Base To India: Report
Flipkart has reportedly received internal approvals to shift its domicile from Singapore to India as the ecommerce major is gearing up to launch its initial public offering (IPO) in the next 12-15 ...
RHB Singapore evolves with its customers’ needs with app enhancement on cross-border banking
By providing the best value in cross-border transfers, we enable our customers to not only send money home, but to also preserve and share the authentic Malaysian experience with their loved ones.” ...
UOB Kay Hian keeps ‘hold’ call on Kimly but with lower target price in anticipation of higher costs
Mo and Cheong continue to rate Kimly "hold" given its strong cash-generative ability that can support its dividend policy of paying out no less than 50% of its earnings. They note ...
Singapore stocks fell as trading began on Monday—STI slipped 0.1%
In the broader market, 53 stocks declined while 52 advanced, with 19.5 million securities valued at S$34.6 million traded ...
Ex-HSBC banker Nuno Matos to succeed Shayne Elliott as ANZ CEO
Nuno Matos will become CEO at ANZ Group Holdings, succeeding Shayne Elliott who is retiring after nine years in the role that culminated in a tumultuous ending.
Singapore’s Most Traded Stocks Average Double-Digit Returns in 2H24
The STI has seen significant gains, with local manufacturing stocks, REITs, and ASEAN stocks increasing returns. Some of the top-performing stocks include Bumitama Agri, DBS, Wee Hur, SATS, and ...
FDI Inflows Into India Surpass $1 Trillion Mark; Mauritius, Singapore Lead With 49 Per Cent Share
FDI inflows from Mauritius amounted to $177.18 billion, while Singapore and the US contributed $167.47 billion and $67.8 billion, respectively.
Best fixed deposit rates in Singapore (December 2024): Rates up to 3.20%, 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 ...