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Tag: finance

Posted on 05/08/2024

UOB prices A$1 billion in bonds, the largest-ever conventional single-tranche issuance by a Singapore issuer in Australia

SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- UOB Sydney Branch has priced A$1 billion in four-year senior unsecured notes due 2028. The notes were priced on Friday (2 Aug) at the Bank Bill Swap Rate (BBSW) ...

Posted on 05/08/2024

MOVES-Nomura appoints HSBC’s Philip Kunz to head Southeast Asia wealth business, memo shows

Kunz was HSBC's head of global private banking for South and Southeast Asia until recently. He will be based in Singapore and report to Anurag Mahesh, head of coverage for Southeast Asia, global South ...

Posted on 05/08/2024

Singapore gets Big Pharma rush to invest in plants for aging region

SINGAPORE -- Large investments from some of the world's biggest drugmakers are pouring into Singapore as companies seek to expand production in the city-state and access broader Asia, one of the ...

Posted on 05/08/2024

Kickstart Your Investment Journey: Here Are 7 Singapore-Listed Companies for New Investors to Consider

1. DBS Group Holdings Ltd (SGX: D05) DBS Group Holdings Ltd (DBS) holds a significant presence both domestically as the largest bank in Singapore, and within the region, operating in 19 markets. For ...

Posted on 05/08/2024

Singapore Shares Likely To Open Under Pressure On Monday

DBS Group surrendered 1.86 percent, DFI Retail soared 2.30 percent, Frasers Logistics & Commercial Trust advanced 0.98 percent, Genting Singapore sank 0.59 percent, Hongkong Land and Jardine Cycle ...

Posted on 04/08/2024

Afcom Holdings IPO: 129% GMP per share – Check subscription last date

The company is involve in carriage freight from airport to airport. It has been flying cargo flights to ASEAN nations such as Singapore, Indonesia, and Brunei, mainly Singapore.

Posted on 04/08/2024

Hong Kong’s Wealth Comeback: Chinese Rich Return After Singapore Cracks Down on Money Laundering

Hong Kong is welcoming back its wealthy Chinese residents with open arms. After years of millionaires leaving the city, about 200 high-net-worth individuals are expected to return this year. This ...

Posted on 04/08/2024

OCBC Q2 profit up 14% to $1.94 billion, bank to weigh its options for Great Eastern

SINGAPORE – OCBC Bank’s second-quarter earnings grew more than expected on strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 03/08/2024

Unicommerce eSolutions IPO: Issue opening and closing date, latest GMP, price band, minimum investment – 10 things to know

As the Unicommerce eSolutions IPO is set to open for bidding next week, let’s take a look on 10 things that investors need to know before putting their money in the public issue. The company's maiden ...

Posted on 03/08/2024

Singapore Sets Up Task Force to Boost Flagging Stock Market

Singapore has established a review group to revive its stock market amid growing calls for initiatives to tackle poor liquidity.

Posted on 03/08/2024

Singapore To Boost Stock Market Development

The Monetary Authority of Singapore (MAS) on Friday announced a review group to strengthen equities

Posted on 02/08/2024

OCBC’s Q2 profit tops expectations, says on track to meet 2024 targets

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

Investing in Gold Bars & Using a Singapore Safe Deposit Box for Security

Financial markets keep up and down and many investors are looking to save and increase their money to gold bars.

Posted on 02/08/2024

OCBC Q2 profit up 14% at $1.94 billion, says on track to meet 2024 targets

SINGAPORE - Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi

Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest, at 2% of its total loan book compared to DBS’s 0.6% and United Overseas Bank U11 -0.19% ’s (UOB ...

Posted on 02/08/2024

$900m to beef up bus services is much-needed investment so let’s make most of it

New enhancement programme marks biggest injection of funds into public buses in a decade. Read more at straitstimes.com.

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