HSBC is opening three wealth centres in Singapore by the first quarter of 2025, with the first one opening within this month at the central business district. The remaining two wealth centres will be ...
HSBC To Open 3 Wealth Centers in Singapore by 1Q25
Ashmita Acharya, HSBC's Head of Wealth Management and Personal Banking in Singapore, announced yesterday (4th) that HSBC will open three wealth centers in Singapore prior to the first quarter of next ...
Singapore retail sales worse than expected in April with 1.2% drop
Retail sales in Singapore fell in April, snapping three months of gains and coming in worse than expected, as tourist arrivals cooled. Takings at the till dropped 1.2 per cent in April from the ...
Singapore’s trade finance banks warned over environmental crime risks
The Monetary Authority of Singapore (MAS) has warned the city-state is vulnerable to criminals laundering the proceeds of environmental crime and is urging local banks to conduct greater scrutiny of ...
Bank of Canada cuts rates to 4.75%, signals more to come
The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle.
DBS chief economist optimistic about China’s growth outlook
According to the National Bureau of Statistics, China's GDP in the first quarter grew 5.3 percent year-on-year, beating expectations. With spiking optimism over China's economy, DBS decided to raise ...
Singapore to invest S$1m in research on how built environment affects mental health
At this year’s World Cities Summit, the Singapore Land Authority also announced a partnership with the Singapore Management University to tackle urban heat through map technology.
Singapore shares open lower on Wednesday—STI drops 0.1%
SINGAPORE: Singapore shares opened lower on Wednesday, June 5, after US stocks bounced back from a morning drop to close higher on Tuesday. According to The Business Times, the Straits Times Index ...
Corporate teams get free Standard Chartered Singapore Marathon Ekiden slots in exchange for fundraising commitment
AS MANY as 100 slots in the Ekiden category of this year’s Standard Chartered Singapore Marathon (SCSM) will be given out for free to corporate teams, if they commit to raise funds for the bank’s ...
Interview: DBS chief economist optimistic about China’s growth outlook
DBS, Singapore's major banking group, sees the supporting measures announced by the Chinese authorities over the last few months to boost the property market as substantial, said Baig. "Sorting out ...
Singapore unlikely to draw large data centre investments
Singapore is unlikely to attract large-scale investments in data centre capacity from foreign investors, despite its recent plans to increase its capacity, says a market report by BMI Research, a ...
Singapore Shares May Bounce Higher Again On Wednesday
(RTTNews) - The Singapore stock market on Tuesday ended the three-day winning streak in which it had advanced more than 25 points or 0.8 percent. The Straits Times Index now rests just beneath the ...
China Aviation Oil (Singapore) (SGX:G92) investors are sitting on a loss of 22% if they invested five years ago
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term China Aviation Oil ...
OCBC to raise 500 million euros via covered bonds
OCBC has priced 500 million euros (S$732.8 million ... The covered bonds, expected to be listed on the Singapore Exchange on Jun 12, will bear a fixed interest of 3.29 per cent per annum, payable ...
HSBC to open three wealth centres in S’pore by Q1 2025, with the first in CBD in June
SINGAPORE - HSBC will open three wealth centres in Singapore by the first quarter of 2025, the bank said on June 4. The three centres will be in the Central Business District (CBD) as well as the east ...
How Shein’s US IPO Plans Got Derailed by China Rift
US investors appear to be on the verge of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots prepares a confidential filing for a listing in London instead.