Hong Kong has been shut out of the rankings in a survey of innovation and concentration of talent in which cities in the Asia-Pacific region took five of the top 10 spots.
Fast fashion retailer Shein doubles profits as it awaits IPO approval
Company founded in China and promoted on social media is thought to be considering London listing ...
UOB cuts rates on flagship savings account; OCBC, DBS say no change to their offerings for now
A UOB spokesperson said the rate revision is to “align with longer-term interest rate expectations”. Read more at straitstimes.com.
5 Singapore stocks giving out dividends in April
SINGAPORE: Singapore’s stock market is a treasure trove of dividend-yielding options. For investors looking to... The post 5 Singapore stocks giving out dividends in April appeared first on The Indepe ...
Fast fashion retailer Shein more than doubles profits as it awaits IPO approval
Figures suggest China-founded firm is among world’s most profitable fashion companies as it prepares for stock market listing ...
Best Bank Offers in Singapore (Apr 2024)—Win A Trip to Paris Oympics 2024, Up to 10% Off Flights Worldwide, and More
Once in a while, we even get super exclusive deals like priority early access to concert tickets—everyone's been talking about the exclusive Taylor Swift deal that Singapore scored, but let's not ...
UOB slashes interest rates for the One Account, introduces two new tiers
UOB will reduce interest rates for its flagship UOB One account effective 1 May 2024, the bank announced to its customers on Monday (1 April). The bank said that the revision of interest rates is done ...
UOB to cut maximum interest rate for flagship savings account from May 1
SINGAPORE: UOB will be lowering the interest rates for its flagship savings account from May 1, making it the first local bank to do so as market expectations build up for the possibility of rate cuts ...
Singapore stocks end higher after positive China PMI data
Across the broader market, advancers outnumbered decliners 258 to 149, with 1.9 billion securities worth $809.6 million changing hands. Read more at straitstimes.com.
Singapore’s deposit insurance limit raised to $100,000 from today; new public education campaign launched
Singapore’s deposit insurance limit has been raised to $100,000 from the previous cap of $75,000, following the Monetary Authority of Singapore’s (MAS) announcement in September 2023.
ST Explains: What does hike in insurance coverage on bank deposits to $100,000 mean for you?
The higher cap on deposit insurance will cover 91 per cent of insured depositors, in line with international norms. Read more at straitstimes.com.
IFC and DBS launch US$500 mil facility to promote trade flows in emerging markets
Under the facility, IFC and DBS will share the risk equally on a portfolio of trade-related assets of up to US$500 million.
Singapore Launches Data-Sharing Platform to Combat Financial Crimes
By Amanda Lee Singapore's central bank has rolled out a new information-sharing platform with commercial banks as part of efforts to combat money ...
Singapore Home Prices Rise Again Despite Sales Slowdown
(Bloomberg) -- Singapore home prices rose for a third consecutive quarter, withstanding months of tepid sales and warnings from authorities about high interest rates. Most Read from Bloomberg Erdogan ...
MOVES-Bank of Singapore names Dubai compliance head, builds Middle East business over 3-5 years
Bank of Singapore, one of Asia's biggest private banks, said on Monday it has appointed Jibu George as its compliance head for its Dubai International Financial Centre (DIFC) branch in Dubai effective ...
MAS launches information-sharing platform to combat financial crime; six commercial banks participate
The platform is co-developed by the MAS and six commercial banks in Singapore; DBS, OCBC, UOB, Citibank, HSBC and Standard Chartered Bank, all of whom will be the participating FIs during its initial ...