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Tag: finance

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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.” ...

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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 ...

Posted on 09/12/2024

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.

Posted on 09/12/2024

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 ...

Posted on 08/12/2024

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.

Posted on 08/12/2024

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 ...

Posted on 08/12/2024

Complete Guide To Investing In The Hang Seng Index

Investing in the Hang Seng Index will allow us to gain exposure to some of the biggest companies that are based in China and Hong Kong ...

Posted on 08/12/2024

DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom

THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest rate cuts as ...

Posted on 07/12/2024

OCBC 2025 Outlook: SGD credit spreads tight in the secondary market; interest rates to stay flat or decline

OCBC Credit Research pointed out that Hongkong Land’s net asset value has steadily declined over the past five years, falling from US$16.30 (about S$21.88) in 2018 to US$14.49 (about S$19.45) at the ...

Posted on 07/12/2024

Top Stock Market Highlights of the Week: Singapore Post, Standard Chartered Bank and Singapore REITs

We look at a divestment from a postal services provider along with standardised rules for all Singapore REITs. The post Top Stock Market Highlights of the Week: Singapore Post, Standard Chartered Bank ...

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