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Tag: finance

Posted on 30/06/2023

Sabana Reit trustee signs S$100 million UOB facility tied to changes in Reit manager

THE trustee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has entered into a facility agreement with UOB for up to S$100 million in sustainability-linked term and revolving ...

Posted on 30/06/2023

Sabana Reit trustee signs $100m UOB facility tied to any change in Reit manager

SINGAPORE - The trustee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has entered into a facility agreement with UOB for up to $100 million in sustainability-linked term and ...

Posted on 30/06/2023

Hot stock: Singapore Airlines falls 5.2% on heavy trading after Temasek share sale

SHARES of Singapore Airlines (SIA) fell as much as 5.2 per cent amid heavy trading following a news report that major shareholder Temasek sold a 1.85 per cent stake in the national carrier. Read more ...

Posted on 30/06/2023

Singapore Bids Farewell to Libor With Surge in SORA Derivatives

Singapore’s financial markets have rapidly switched to a ... For loans, the total outstanding climbed to S$171 billion ($126 billion) in December, according to the local banking association.

Posted on 30/06/2023

Shein denies report that it’s filed for an IPO

Fast-fashion giant Shein is denying a Reuters report that it has filed confidentially for a U.S. IPO. Why it matters: This would be one of the year's largest IPOs, but also one of the more ...

Posted on 30/06/2023

Exclusive: China’s Shein files for U.S. IPO

Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public ...

Posted on 29/06/2023

Best retail FX platform/FX house of the year, Singapore: OCBC Bank

OCBC Bank has won Best retail FX platform and FX house of the year, Singapore at the FX Markets Asia FX Awards 2023. This recognition is testament to the bank’s endeavours and innovation within the FX ...

Posted on 29/06/2023

How Singapore challenger bank GXS is shaking up category stereotypes with its marketing

A bank advertisement that defies the traditional banking stereotype is the image GXS, one of Singapore's newest banks, aims to project with its latest brand campaign. Lian Ju Han, the chief marketing ...

Posted on 29/06/2023

Fake buyer scam: 84 Singapore victims lose S$177,000 in June on Carousell, Facebook

SINGAPORE (The Straits Times/Asia News Network): At least ... they would be directed to a spoofed website where they are made to key in their Internet banking login credentials, credit card details or ...

Posted on 29/06/2023

Hongkong Land mulls ‘significant’ investment as share buyback pace moderates: DBS

In Singapore, Hongkong Land is largely exposed to the local residential market via its subsidiary MCL Land. DBS notes that despite the recent spate of cooling measures, the impact is not significant ...

Posted on 29/06/2023

50% return in 11 months! Here’s how this Singapore-based fund spotted microcaps in Indian equity market

In an interaction with Business Today, Vineet Arora, Managing Director, NAV Capital said the fund intends to deploy Rs 500 crore in the Indian SME space over the next one year.

Posted on 29/06/2023

OCBC Share Price: Technical Analysis Suggests a Buy

OCBC Bank is the oldest bank in Singapore. It provides banking, asset management, insurance, and other treasury services mainly in Singapore, Malaysia, Indonesia, and China. Over the last few years, ...

Posted on 29/06/2023

NZ banks look to Singapore in fight against online crime

The numbers and sophistication of online scams are increasing but New Zealand’s response is piecemeal, ...

Posted on 29/06/2023

Singapore’s Instarem sees huge inflow of diaspora remittances into India

Singapore-headquartered Instarem sees huge inbound flow of remittances into India, citing the World Bank projection that money sent home by the Indian diaspora will reach USD 100 billion a year in the ...

Posted on 29/06/2023

DBS looks at India among top 3 markets for sustainable finance

Chennai: Singapore's largest bank, DBS, is looking at India as top three markets for sustainable finance. The cumulative sustainable financing transactions for the bank with operations in 19 markets ...

Posted on 29/06/2023

Singapore Post (SGX:S08) shareholders have endured a 60% loss from investing in the stock five years ago

Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high.

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