The Monetary Authority of Singapore (MAS) has appointed Chee Hong Tat as deputy chairman to succeed Gan Kim Yong, the city state’s deputy prime minister who is also now chairman of the central bank.
Dividends from Singapore blue chips to rise 17.8% in current reporting season: Research house
SINGAPORE - Dividends from companies on the Straits Times Index are expected to climb 17.8 per cent for the 2024 interim reporting season, according to a report put out by S&P Global Market ...
Standard Chartered announces $1.5bn share buyback after strong Q2 performance
The bank's profit has climbed ahead of expectations in the second quarter of the year, leading it to announce its largest ever share buyback programme ...
Dividends continue to steal the spotlight in Singapore banks, says DBS
Earnings for all three Singapore banks, DBS Group Holdings, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank U11 -0.71% (UOB) are likely to stand at risk in the event that the US ...
Standard Chartered announces largest ever share buyback as profits creep up again
Standard Chartered has announced a $1.5bn share buyback programme today after the Asia-focused bank performed ahead of expectations in the second quarter of the year.
StanChart expands multi-billion-dollar share buyback as profit beats estimate
The London-headquartered bank will repurchase a record US$1.5 billion as it looks to return a total of US$5 billion by 2026.
99 Speed Mart eyes Sept market debut as Malaysia’s biggest IPO in 7 years, sources say
Malaysia's top mini-market chain retailer 99 Speed Mart Retail Holdings aims to make its market debut on Sept. 9 after raising $509 million in an IPO set to be launched next month and which would be ...
Singaporeans duped out of S$10.6 million by scammers impersonating govt and bank officials
SINGAPORE: A staggering S$10.6 million was swindled from unsuspecting individuals in June 2024. The culprits?... The post Singaporeans duped out of S$10.6 million by scammers impersonating govt and ba ...
Singapore stocks open higher on Tuesday—STI gained 0.2%
SINGAPORE: Singapore stocks opened higher on Tuesday, July 30, with traders eagerly anticipating a key... The post Singapore stocks open higher on Tuesday—STI gained 0.2% appeared first on The Indepen ...
Singapore’s Temasek plans to invest up to $30 billion in US over next five years
NEW YORK (Reuters) -Singapore state investor Temasek plans to invest up to $30 billion over the next five years in the U.S. in sectors such as healthcare, financial services and technology. "It's an ...
Making Your First $1 Million In Singapore: How Much You Need To Save Each Month?
Making a $1 million in Singapore is extremely difficult if you are only intending to save. With investing however, it becomes a lot easier.
Temasek to invest $40 billion in US over next five years
Temasek’s investments for North and South America surpassed China for the first time in at least a decade this year. Read more at straitstimes.com.
Singapore stock market an attractive starting point for young investors
But they are likely to look for opportunities in overseas markets after gaining experience. Read more at straitstimes.com.
Man sold his Singpass details, which scammers used to funnel almost S$1 million through bank accounts
The details were used to create a sole proprietorship and set up bank accounts, which were used to funnel S$953,853 in scam proceeds from multiple victims.
Citi layoffs in Singapore spark uncertainty and low morale: report
Citi employees in Singapore have faced a turbulent six months, enduring three rounds of layoffs since the US bank announced a major restructuring in September 2023. The rounds of cuts took place in ...
Ola Electric’s $734 million IPO: 2024’s largest in India—Should you invest?
Ola Electric is gearing up to make an entrance into the public market with what is set to be the largest Initial Public Offering (IPO) of 2024. Scheduled to debut on the Indian stock exchanges this ...