Welcome to this week’s edition of top stock market highlights. There is more good news for consumers who have had to endure the rising prices of goods and services. Singapore’s core inflation for ...
Car dealer used almost S$264,000 in customers’ down payments to invest in China, gets jail
Wong Sang Keng invested S$200,000 in a wine business in China but lost it all when foreign authorities seized the alcohol.
Announcing Elapath Energy’s $200 Million Mandate for Solar Innovations in Singapore, Facilitated by Ratsamy Consulting
In a landmark move for the renewable energy landscape, Elapath Energy, a globally renowned solar panel installation and manufacturing leader, has secured a significant contract worth $200,000,000.
Sheffield Green’s IPO shares fully subscribed; shares priced at 25 cents apiece
Based on the offering price, Sheffield Green’s post-offering market capitalisation is expected to be approximately $46.6 million.
Standard Chartered Names Next GC for Global Investment Banking
London-headquartered Standard Chartered currently has a presence in 57 markets. Although listed on the London and Hong Kong Stock Exchange, the bank has no branches in the U.K, and derives 90% of its ...
Standard Chartered’s third-quarter pre-tax profit falls by half to US$633 million on mounting bad loan provisions to China’s property sector
Standard Chartered reported worse-than-expected earnings for the third quarter because of high impairment charges related to exposure to China’s property sector.
OCBC customers to receive e-mails and push notifications instead of SMS for banking activities
In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...
Singapore: Industrial Production improves in September – UOB
EUR/USD continues to trade in its tight daily range slightly below 1.0550 on Friday. The data from the US showed that the annual Core PCE inflation declined to 3.7% in September as expected, limiting ...
How Singapore got so good at SME banking
UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?
The Singapore Dream no longer the ‘5Cs’ but leading purposeful lives, says DPM Wong
SINGAPORE: The "Singapore Dream" is no longer solely about material success – it now encompasses fulfilment, meaning and purpose in people’s lives, said Deputy Prime Minister Lawrence Wong on Friday ...
Opportune time to accumulate high-quality Singapore blue chips: OCBC
As such, she believes that the current weakness is an opportune time to accumulate high-quality Singapore blue chips for investors with a long-term investment timeframe. These investors can enjoy a ...
AI already makes 4 million decisions at OCBC each day, as the bank adds ChatGPT to the mix
Starting this November OCBC will be rolling out a dedicated ChatGPT-powered client to all 30,000 of its employees worldwide, following a successful six month trial on a group of 1,000, which concluded ...
UOB cards score big with early access to Taylor Swift, Ed Sheeran concert tickets
SINGAPORE – Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the American pop star’s ...
Citi and HSBC: A tale of two wealth strategies
and the $529 million purchase of Axa Singapore two months later. While HSBC’s press release emitted aspiration, Citi adopted a more passive stance. It emphasized the deal’s capacity to “simplify” its ...
UOB presale tickets for Ed Sheeran’s 2024 concert sells out in under 2 hours
The UOB cardmembers' presale tickets for British singer Ed Sheeran's 2024 concert are entirely sold out. As of 12:14pm, Ticketmaster SG put up a notice on their website, informing the public that the ...
Brokers’ take: DBS lowers Clint target to S$1.35 on forex headwinds
Find out more about subscription packages here. A WEAKER rupiah-to-Singapore-dollar exchange rate has prompted DBS Group Research to lower its price target on CapitaLand India Trust (Clint) to S$1.35 ...