The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, gained 0.11% or 19 points higher at 9:09 am on Friday, indicating a flat-to-positive bias on Dalal ...
Middle East’s largest lender eyed Standard Chartered takeover bid
Shipping and commodities bank Standard Chartered has been the subject of a potential takeover bid by the Middle East’s largest lender. First Abu Dhabi Bank (FAB) confirmed that it had considered ...
Fixed deposit rates inch up above 4% as Singapore banks continue to woo savers
But these promotional rates might be coming to an end with global central banks easing up on interest rate hikes, an expert says.
Japan Finance Minister Suzuki to Visit Singapore, Vietnam Next Week
Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet with high government officials from Jan. 10 to 13, the Ministry of Finance said on Friday. There's no media ...
Olam Agri Picks Banks for $1 Billion Singapore Listing
Olam Group Ltd. has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as $1 billion, people familiar with the matter said.Most Read from BloombergWhat ...
Yield for latest 6-month Treasury bill in Singapore dips to 4.2%
SINGAPORE: The latest Singapore six-month Treasury bill (T-bill) is offering investors a yield of 4.2 per cent per annum, according to results from the year’s first auction released on Thursday (Jan 5 ...
Citi appoints Aftab Ahmed to lead the bank’s operations in Taiwan
Citibank Taiwan Ltd’s (台灣花旗) board of directors yesterday elected Aftab Ahmed, a former Citi country officer (CCO) for the Philippines, as the bank’s new chairman, pending regulatory approval. Aftab ...
Singapore: 2023 GDP forecast remains at 0.7% – UOB
Senior Economist at UOB Group Alvin Liew comments on the recently published GDP figures in Singapore. Key Takeaways “The preliminary estimate of Singapore’s 4Q GDP was in line ...
Company behind Yew Kee Duck Rice eyes Catalist IPO
Yew Kee Duck Rice (formerly known as Yu Kee Duck Rice) is a famous Singaporean brand that started as a push-cart business in the 1950s. Since then, executive chairman Seah Boon Luck, who has taken ...
Long queues for new notes ahead of Chinese New Year
There are 72 POSB pop-up ATMs disbursing fit-for-gifting and new notes, while UOB has 17 such ATMs. Read more at straitstimes.com.
Asia-Pacific IPOs most resilient in 2022; tech and energy groups lead large issuances: EY
SINGAPORE - The initial public offering (IPO) market in the Asia-Pacific has been the most resilient compared with other regions, with stronger and higher growth potentials, said an EY report on ...
Singapore stocks in the black for the first time in 2023; STI up 1.6%
SINGAPORE stocks had its first day of gains in 2023 amid a rally across regional markets. Read more at The Business Times.
Foreigners cash out from SE Asia stocks after strong year
That may change this year as China eases its Covid restrictions and the potential bottoming out of tech earnings gives Taiwan and South Korea a boost. “Interest in China and North Asia is picking up, ...
Long queues at ATMs as most people prefer fresh CNY notes over fit-for-gifting type
A long queue, comprising mostly seniors who want to get their hands on new notes ahead of Chinese New Year, formed at two pop-up ATMs at Ci Yuan Community Club in Hougang on Thursday (Jan 5).The ...
These 2 Gaming Giants Have Double-Digit Upside Potential, Says DBS
We can follow that logic, taking a cue from Singapore’s banking giant DBS, which has been tagging the giant gaming stocks as Buys, with upside potential on the order of 20% or better. Here are their ...
Yangzijiang’s share price weakness at the start of 2023 presents ‘buying opportunity’: DBS
DBS Group Research analyst Ho Pei Hwa has reiterated her “buy” call for Yangzijiang Shipbuilding (YZJ) with a target price (TP) of $1.70. According to Ho, the recent price weakness following the ...