OCBC adds that it hopes to support Singapore in strengthening its position as a trusted gold trading centre. It will do this by continuing to explore extending physical gold, as well as other physical ...
DBS Enables Singapore-Based Users to Fund Weixin Pay Wallets
DBS Remit users in Singapore can now fund Weixin Pay wallets for payments in China after wallet transfers grew eightfold.
Tech tremors: Overpriced SpaceX IPO roils markets, Singapore tech stocks not spared
Elon Musk’s SpaceX has priced its initial public offering at US$135 per share, valuing the company at around US$1.7 trillion. Read more at straitstimes.com. Read more at straitstimes.com.
S’pore users can tap on DBS Remit to transfer money to Weixin Pay wallets
Singaporeans, permanent residents and foreigners residing in Singapore can now use DBS Remit, via digibank, to transfer money directly to Weixin Pay, the digital renminbi wallet within the Weixin and ...
IPOs are back in Singapore, but are they any good for investors?
The return of IPOs after years of drought is unquestionably a positive development. But quantity alone isn’t enough ...
Singapore Dollar: Firm NEER with mild upside against US Dollar – OCBC
OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above midpoint, supported by de-dollarisation and safe-haven flows, even as ...
AllianzGI Said in Exclusive Talks for UOB Asset Management
Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.
Moomoo Singapore Announces Jeyson Ng as Chief Executive Officer
Moomoo Singapore today announced the official appointment of Jeyson Ng as Chief Executive Officer of Moomoo Singapore.
AllianzGI in talks to buy UOB Asset Management
SINGAPORE: Allianz Global Investors (AllianzGI) is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd, according to people familiar with the matter.
UOB is a ‘fast follower’ when it comes to adopting tech, says bank’s group head of innovation
United Overseas Bank’s (UOB) approach to technology is the same as its overall philosophy — a “careful” one. Instead of striving to be the leader in implementing new features, the bank prefers to be a ...
BlackRock EQDP fund makes ‘systematic’ bet on Singapore equities
Berlin says more can be done to bolster Singapore’s stock market, whether it be through further structural reforms or deepened investor engagement.
AllianzGI Is Said in Exclusive Talks to Buy UOB Asset Management
Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.
Genting Singapore (GIGNF) Receives a Buy from OCBC Investment
OCBC Investment analyst maintained a Buy rating on Genting Singapore yesterday and set a price target of S$0.77. The company’s shares closed last Tuesday at S$0.61. Claim 55% Of ...
OCBC maintains Philippine growth, inflation outlook
THE PHILIPPINES will likely see a new post-pandemic low growth this year as the Middle East conflict continues to weigh on domestic demand and the country’s external position, Singapore-based ...
Singapore stocks retreat as bank sell-off snaps STI’s two-day winning streak
[SINGAPORE] Singapore stocks ended lower on Thursday (Jun 4), snapping a two-day winning streak as the three local banks retreated from recent highs. The benchmark Straits Times Index (STI) fell 1.4 ...
Singapore’s finance professionals prefer roles with environmental remit compared to other developed markets: ACCA survey
A survey has revealed that 63% of accounting and finance professionals in Singapore would like to work in roles with environmental remits, a higher proportion compared to most other developed market ...