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Tag: finance

Posted on 02/10/2023

Seatrium secures US$500 mil facility with a sustainability-linked conversion option

The new facility includes a sustainability-linked conversion option that’s aligned with sustainability-linked loan principles.

Posted on 02/10/2023

Seatrium unit secures US$500 million sustainability-linked facility

SEATRIUM’S wholly-owned subsidiary Estaleiro Jurong Aracruz has refinanced an existing loan due December 2023 with a new US$500 million facility from Standard Chartered Bank (Singapore). The facility ...

Posted on 02/10/2023

Seatrium in half a billion-dollars refinancing deal

Seatrium’s wholly owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA) has secured a $500 million facility with a sustainability-linked conversion operation.

Posted on 02/10/2023

Versatile, ‘safe haven’ asset: What you should know before investing in gold

The precious metal, which can be held via the UOB Gold Savings Account, is more than just a reliable store of value. Read more at straitstimes.com.

Posted on 01/10/2023

These two banks join OCBC & Citibank to restrict bank digital services usage if unverified apps on phones are found

And they are none other than DBS and UOB, the two big local bank names we’re aware of. So news has it that new security measures will be implemented to protect customers from scams. These measures ...

Posted on 01/10/2023

S’pore man, 74, loses S$70,000 life savings after downloading app to order Peking duck

The victim, surnamed Loh, lost about S$70,000 of his life savings that very afternoon. Loh told Shin Min Daily News that on Aug. 26, he came across a Facebook advertisement by a roast duck supplier ...

Posted on 01/10/2023

New scam alert: UOB says circulating Taylor Swift meet-and-greet invites are fake

SINGAPORE - Those who hold accounts with UOB and make use of the bank's digital banking capabilities may have noticed a new scam alert since Friday (Sept 29). The alert warns against a fake invitation ...

Posted on 01/10/2023

Invitation to attend Taylor Swift meet-&-greet session in S’pore fake: UOB

UOB has issued a new scam alert since Friday, Sep. 29 warning against a fake invitation to a meet-and-greet session with superstar Taylor Swift, who will be in Singapore for The Eras Tour from March 2 ...

Posted on 01/10/2023

OCBC, CapitaLand Investment, UOBKH lead buyback tally

INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions through to Sep 28, with S$179 million of net institutional inflow, while 21 primary-listed companies conducted buybacks ...

Posted on 01/10/2023

Once dubbed a ‘zombie’ exchange, this Asian stock market is trying European-style trading to reinvent itself

Will structured certificates be the silver bullet for the SGX and spur more investor interest, or is this a shot in the dark?

Posted on 01/10/2023

Top Stock Market Highlights of the Week: Singapore’s Inflation, Alibaba’s Logistics IPO, City Developments Limited and Grab Holdings

We look at the latest inflation reading for Singapore and City Development Limited’s latest transaction to grow its property portfolio. The post Top Stock Market Highlights of the Week: Singapore’s ...

Posted on 01/10/2023

UOB warns against fake Taylor Swift meet-and-greet invites circulating

SINGAPORE – Those who hold accounts with UOB and make use of the bank’s digital banking capabilities may have noticed a new scam alert since Friday. The alert warns against a fake invitation to a meet ...

Posted on 30/09/2023

Temasek unit raises $3.3 billion in flagship fund investing in China

Singapore state investment firm Temasek's (TEM.UL) wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China and has now closed it ...

Posted on 30/09/2023

Standard Chartered: A Rising Tide Lifts All Boats

Standard Chartered's profitability receives a boost from higher interest rates, but concerns remain about its exposure to potential economic downturns. Read the article for more details.

Posted on 30/09/2023

Singapore announces additional $802 million to ease cost of living

Singapore's finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living.

Posted on 30/09/2023

Singapore ranks fourth on Savills’ FinTech Index after New York, London and San Francisco

Savills notes that the fintech sector continues to impact not just the finance industry, but also workplace trends. In Singapore, fintech companies have been a boon, particularly to the flexible ...

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