OCBC and UOB say they are developing net-zero pathway plans with emissions reduction targets for polluting sectors. Read more at straitstimes.com. ( read original story ...)
Stock Market Today: Sensex Surges Over 500 Points, Nifty Above 17,700
At 9:20 am, the BSE Sensex was trading 563 points 0r 0.95 per cent higher at 59,704, whereas the Nifty 50 index advanced 177.75 points or 1.01 per cent at 17,800 ... ( read original story ...)
OCBC sees stronger recovery in 2H2022 happening for hospitality sector; China’s reopening a ‘key catalyst’
The research team at OCBC Investment Research has seen a strong rebound in demand for the hospitality sector, with leisure travel remaining the major driver of room demand in the 7M2022. In its report ... ( read original story ...)
Lifted by Southeast Asia Growth, Insurer FWD Seeks IPO Safe Landing
FWD has switched its focus from opportunities in China to the growth potential in Southeast Asia as its main IPO selling point for investors ... ( read original story ...)
Bombora-backed video creation biz 90 Seconds in IPO pipe
Bombora-backed video creation business 90 Seconds has sets its sights on a September listing, as IPO candidates start to think past this year’s lull and into 2023. ( read original story ...)
Wall Street’s mysterious 2,200% IPOs come from tiny New Jersey broker
From its base in Red Bank, New Jersey, Network 1 Financial Securities Inc. has underwritten six US microcap IPOs this year that surged by an average 2,190 percent on their first day of trading. That’s ... ( read original story ...)
4 top wealth management platforms established in Singapore
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ... ( read original story ...)
Inflation surge in medium term among risks to global outlook, says Singapore central bank chief
The global economy is facing a severe bout of inflation which has necessitated monetary policy tightening by central banks globally at a pace not seen in the last four decades, he said ... ( read original story ...)
Singapore and India sign cross-border fintech pact
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA)IFSCA is headquartered at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, ... ( read original story ...)
Digital banking now baseline, future growth lies in how cleverly banks use data: DBS
Instead of engaging “in a war on rates”, DBS will support customers, especially those most affected by inflation, by giving them rebates on essential purchases. Read more at straitstimes.com. ( read original story ...)
The Most Popular Types of Investment in Singapore (And How to Get the Most Out of Them)
From SRS to ETFs, REITs to robos, these are the most popular investments in Singapore, and how you can optimise your gains with them. ( read original story ...)
New Singapore offshore wind farm vessel firm plans $1bn spending spree
A Singapore fund manager has launched a pure-play offshore wind farm vessel company aiming to invest $1bn in new vessels within three years. The company, Cyan Renewables, is backed by ... ( read original story ...)
Wall Street’s mysterious 2 200% IPOs come from tiny N.J. broker
Of Network 1’s 49 deals for stocks that are still trading since 1995, 17 are trading 80% or more below their offer price. ( read original story ...)
Global economy faces four key risks, warns Singapore central bank chief
The global economy faces not one but four key uncertainties including a downturn next year, according to Singapore central bank chief Ravi Menon, in a signal that policy makers will be in firefighting ... ( read original story ...)
UOB staff saves 70-year-old man from losing S$150K to ‘Dutch girlfriend’ in internet love scam
A man in his 70s walked into UOB’s main branch in Raffles Place earlier this year and tried to send a cheque worth more than S$150,000 to an offshore account not in his name. He said it was urgent as ... ( read original story ...)
Renewed Support Called For Singapore Stock Market
Volume was 1.02 billion shares worth 811 million Singapore dollars. There were 295 decliners and 188 gainers. Among the actives, CapitaLand Integrated Commercial Trust gained 0.48 percent, while ... ( read original story ...)