Singapore is continuing to pursue its net-zero emissions target, but the high price environment for energy has heightened calls for the city-state ... ( read original story ...)
HSBC raises profitability goal to rebuff Ping An call for breakup
HSBC sought to woo investors on Monday with a higher profitability target and bullish dividend outlook, as Europe's biggest bank pushed back on a proposal by top shareholder Ping An Insurance Group of ... ( read original story ...)
HSBC raises key profitability goal, seeking to rebuff Ping An call for break-up
HSBC sought to woo investors on Monday with a higher profitability target and bullish dividend outlook, as Europe's biggest bank pushed back on a proposal by top shareholder Ping An Insurance Group Co ... ( read original story ...)
HSBC raises key profitability goal after earnings beat, shares climb
HSBC reported a 15 per cent dip in first-half profit as credit loss provisions rose, but the fall was not as bad as feared and Europe's biggest bank lifted its returns guidance in the belief that ... ( read original story ...)
DBS raises interest rates on Multiplier deposit account; up to 3.5% per annum for sums over $50K
The Multiplier account offers customers tiered interest rates on their account balances. Read more at straitstimes.com. ( read original story ...)
Inflation hitting Singapore households harder, says DBS bank study
Low-income groups are seeing expenses grow 5.6 times faster than their income, suggesting why policymakers have prioritized relief targeted toward the most vulnerable households, the report said. ( read original story ...)
Singaporeans are spending more but incomes aren’t keeping up, DBS says
The global inflation wave is hitting Singapore households harder as they pile up more expenses while incomes aren’t keeping up. ( read original story ...)
MAS to issue Singapore’s inaugural sovereign green bond
The green bond will be launched via a book-building process, and will be denominated in SGD with a tenor of 30 or 50 years. ( read original story ...)
HSBC earnings beat expectations, increases key profitability goal
HSBC reported a 15 per cent dip in first-half profit as credit loss provisions rose, but the fall was not as bad as feared and Europe's biggest bank lifted its returns guidance in the belief that ... ( read original story ...)
HSBC H1 pretax profit falls 15%, increases equity goal
HSBC Holdings PLC reported a 15 per cent drop in first-half profit as expected credit losses more than offset the impact from rising net interest income at Europe's biggest bank.The ... ( read original story ...)
High House Rental Rates in Singapore: Should You Rent Now?
With the news of rental prices steadily rising, it will definitely put doubt in prospective tenants’ minds. If you are unsure of whether to rent now or not, read more to find out. ( read original story ...)
Flexi-work becoming more common in S’pore despite shift to living with Covid-19
All employees here have been able to return to the workplace since April 26, alongside the easing of other Covid-19 measures, including group size limits. Aside from large corporates, the public ... ( read original story ...)
Analysts take a shine to UOB’s net interest margin, voice concerns over asset quality, macro outlook
In a July 29 note, CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are maintaining “add” on UOB with a target price of $35.60. “Net interest margin (NIM) expansion remains UOB’s key ... ( read original story ...)
Inflation in Singapore Is Hitting Households Harder, DBS Says
The global inflation wave that has crashed onto Singapore’s shores is hitting households harder as they pile up more expenses while incomes aren’t keeping up. ( read original story ...)
DBS raises interest rates on its flagship savings account
Multiplier customers can now earn a maximum of 3.5 per annum, up from 3 per cent previously, for balances of over $50,000. Read more at straitstimes.com. ( read original story ...)
Cities like Singapore should continue to stay open to investments and talent, key to progress: Teo Chee Hean
SINGAPORE: Cities like Singapore should continue to stay open to investments and talent from around the world, Senior Minister Teo Chee Hean said on Monday (Aug 1). Speaking at this year's World ... ( read original story ...)