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Tag: finance

Posted on 10/11/2023

LSEG chief Schwimmer: IPOs to return ‘when the environment stabilises’

LSEG Chief Executive Officer David Schwimmer said the market for Initial Public Offerings in London and elsewhere around the world should recover from current lows caused by concerns about rising ...

Posted on 10/11/2023

Why The Singapore FinTech Festival (SFF) Is A Must-Go Experience For Anyone In The Finance Industry

Organised by the Monetary Authority of Singapore (MAS), the Singapore FinTech Festival (SFF) is the largest FinTech festival in the world ...

Posted on 10/11/2023

More than half of Singapore’s rich investing more in safer assets like cash, gold: Study

This suggests a hesitancy towards volatile equity markets and riskier investments. Read more at straitstimes.com.

Posted on 10/11/2023

HSBC Asset Management names Lim Pang Qi as new chief for Singapore, South-east Asia

HSBC Asset Management (HSBC AM) on Friday (Nov 10) said it appointed Lim Pang Qi as chief executive officer (CEO) of South-east Asia and Singapore, and head of strategic partnerships for South-east ...

Posted on 10/11/2023

Syngenta’s IPO Delay Darkens Outlook for 2023 Asia Pipeline

China has been the main source of big-ticket listings in Asia this year, with eight of the top 10 taking place in the country. IPOs in mainland China have raised $53 billion in 2023, down 37.6% from ...

Posted on 10/11/2023

Singapore Bourse May Hand Back Thursday’s Gains

The Singapore stock market on Thursday halted the two-day losing streak in which it had fallen more than 50 points or 1.6 percent.

Posted on 10/11/2023

The Best Forex Brokers In Singapore

Discover the top MAS-regulated forex brokers in Singapore. Compare trading platforms, spreads, and fees to find the best brokerage for your forex trading needs.

Posted on 10/11/2023

Singapore bank OCBC raises 2023 target, third-quarter net profit beats forecast

SINGAPORE: Singapore's second largest bank Oversea-Chinese Banking Corp (OCBC) raised its targeted 2023 net interest margin, a key profitability gauge, after posting on Friday (Nov 10) a ...

Posted on 10/11/2023

OCBC Q3 profit up 21% to $1.81 billion amid record net interest income

Nine-month earnings rose 32 per cent to $5.4 billion, the first time it crossed $5 billion for the period.  Read more at straitstimes.com.

Posted on 10/11/2023

Singapore shares fall at Friday’s open; STI down 0.6%

SINGAPORE shares began trading in negative territory on Friday (Nov 10) to track overnight losses on Wall Street. Read more at The Business Times.

Posted on 10/11/2023

OCBC reports 3QFY2023 net profit of $1.81 bil; 9MFY2023 net profit at new high of $5.4 bil

Oversea-Chinese Banking Corporation (OCBC) has reported a net profit of $1.81 billion for the 3QFY2023 ended Sept 30, 21% higher y-o-y and 6% up q-o-q. This brings the bank’s net profit for the ...

Posted on 10/11/2023

UOB staff foil scammer who went with 80-year-old victim to bank branch to withdraw $40k

It turned out that elderly woman had been a victim of a government officials impersonation scam. Read more at straitstimes.com.

Posted on 09/11/2023

Singapore as a global fintech hub – an unstoppable trend

Singapore has an ecosystem of more than 1,440 fintechs and 40 innovation labs dedicated to financial services.

Posted on 09/11/2023

Chinese firms are increasing diversification outside of China, says HSBC CEO

Diversification away from China is increasing, and it doesn’t just affect foreign companies, according to HSBC CEO Noel Quinn.

Posted on 09/11/2023

Standard Chartered’s venture arm to set up crypto fund in UAE

The Digital Asset Joint Venture will not limit itself to the regional market but “explore the emerging digital asset ecosystem opportunities globally.” ...

Posted on 09/11/2023

UOB (U11) Guide: Share Prices, Dividends and Market News (2023)

These days, everyone is talking about the UOB One Savings Account or the UOB One credit card. But you know what I wanna talk about? U11. No, this isn't some new rock band a la U2. U11.SI ("SI" stands ...

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