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Tag: finance

Posted on 23/01/2024

Singapore’s central bank likely to stand pat after inflation picks up

Singapore’s December inflation quickened to 3.7% year-on-year, faster than markets had forecasted (3.5% YoY) and up from the 3.6% YoY reported in the previous month. December saw food inflation ...

Posted on 23/01/2024

Singapore Financial Data Startup Raises $6.5 Million Series A To Double Down On AI

Bluesheets develops AI-powered data entry and management tools that aim to help companies process their financial data.

Posted on 23/01/2024

Hedge fund Asia Genesis shuts after ‘big mistake’ on China

The fund is returning money to investors after losses on long Hong Kong and China equities positions as well as short Nikkei bets.

Posted on 23/01/2024

Seatrium secures $400 mil green loan facility from UOB for eco-projects

"Seatrium is pleased to partner with UOB on our inaugural green loan facility that will enable us to unlock new opportunities to scale our business ambitions in maritime and offshore renewables,” says ...

Posted on 23/01/2024

UOB reaffirms its support for Southeast Asian art through renewed partnership with National Gallery Singapore

SINGAPORE, Jan. 23, 2024 /PRNewswire/ -- National Gallery Singapore is pleased to announce the extension of its enduring partnership with UOB for an additional five years. As a Founding Partner of the ...

Posted on 23/01/2024

‘Big mistakes’: Singapore hedge fund to shut after investors flee on wrong-way bets on China, Japan stock markets

Singapore hedge fund Asia Genesis Asset Management is closing down its flagship macro fund as investors bolted after its managers made “big mistakes” and lost confidence following wrong-way bets on ...

Posted on 23/01/2024

Singapore hedge fund Asia Genesis shuts after ‘big mistake’ on China trade

SINGAPORE hedge fund Asia Genesis Asset Management is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout and Japan’s rally. Read more at The ...

Posted on 23/01/2024

Singapore shares rise at Tuesday’s open; STI up 0.2%

SINGAPORE shares climbed at market open on Tuesday (Jan 23) after global equities ended higher overnight. Read more at The Business Times.

Posted on 23/01/2024

This priority banking service takes the hassle out of relocating within Southeast Asia

The benefits of CIMB Preferred extend beyond the account holder as well. Said Mr Gupta: “Children of clients are granted Preferred status when studying abroad within Southeast Asia, meaning that they ...

Posted on 23/01/2024

Singapore takes ‘long-term’ view of China ties, hopes to ‘value-add’ as China’s economy grows: Chan Chun Sing

Chan cites examples of Singapore’s support through the decades. At the start of the 1990s, Singapore took a “long-term view” that it was in the region’s interests for China to be integrated with the ...

Posted on 23/01/2024

UOB launches new credit card with Singapore Airlines

Mr Tearavath, centre left, and Mr Pua, promote the new UOB KrisFlyer World and World Elite credit cards. UOB Thailand and Singapore Airlines (SIA) have launched the UOB KrisFlyer World and World Elite ...

Posted on 23/01/2024

Earnings Season Alert: 3 Singapore Blue-Chip Stocks That Could Report Higher Profits

With the earnings season coming up, here are three blue-chip stocks that could announce better profits. The post Earnings Season Alert: 3 Singapore Blue-Chip Stocks That Could Report Higher Profits ...

Posted on 23/01/2024

Daily Markets Briefing: STI down 0.1%; Top stock is DBS

DBS is the top stock despite a 0.468% decline. The Straits Times Index (STI) closed at 3,149.03 down 0.1% on Monday, 22 January, at 5:21 p.m. At the top was DBS, followed by OCBC Bank (0%) and UOB (+0 ...

Posted on 23/01/2024

US emerges as the top source economy of Singapore’s portfolio investment liabilities

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 23/01/2024

Owner of grilled fish diner chain Tanyu mulling Hong Kong IPO, sources say

Tanyu has grown rapidly in recent years and now operates more than 260 outlets, including seven in Singapore. Read more at straitstimes.com.

Posted on 22/01/2024

OCBC China appoints Seth Tan new head of corporate banking

Tan will be based in Shanghai and responsible for all banking relationships with state-owned enterprises and large corporations.

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