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Tag: finance

Posted on 04/01/2024

Singapore shares fall for third straight day; STI down 0.8%

SINGAPORE shares fell for the third consecutive day on Thursday (Jan 4), tracking a broader decline across the region. Read more at The Business Times.

Posted on 04/01/2024

Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024

Luckily, the Singapore stock market is not short of companies that dish out a dividend. Here are four that look well-positioned to increase their payout this year. DBS needs no introduction, being ...

Posted on 04/01/2024

Best Fixed Deposit Rates in Singapore (Jan 2024)—Rates Up To 3.8%, Minimum Deposits From $500

Also, DBS is a poor option for investing larger sums ... 6 months 2.25% p.a. 12 months 2.45% p.a. 24 months or 36 months 2.85% p.a. The one advantage SBI Singapore board fixed deposit rates have is ...

Posted on 04/01/2024

Standard Chartered sees ringgit outperforming ‘on relative basis’ in 2024

The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered ...

Posted on 04/01/2024

Singapore’s S$500 CDC vouchers 2024: Who is eligible, how to claim, and more

Each Singaporean household can claim S$500 in CDC Vouchers 2024. Of this, $250 can be spent at participating heartland merchants and hawkers, and the other S$250 can be spent at participating ...

Posted on 04/01/2024

Here’s Why SGX-Listed OCBC is UOB’s Top Banking Pick for 2024

SGX-listed Oversea-Chinese Banking Corp. Ltd. (SG:O39), or OCBC, has won the accolade of UOB Kay Hian analyst Jonathan Koh as the top banking pick ...

Posted on 04/01/2024

S-REITs will be net outperformers in 2024; retail S-REITs preferred: DBS

In the near term, however, S-REITs are approaching “overbought” territory as seen in the combined 15% rise in the S-REITs index.

Posted on 04/01/2024

OCBC INFINITY Cashback Card—The Best Unlimited Cashback Card in Singapore? MoneySmart Review (2024)

The OCBC INIFINITY Cashback Card is the newest unlimited cashback card in town. We compare it with the UOB Absolute Cashback Card, Citi Cash Back+ and more.

Posted on 04/01/2024

Top 9 Credit Card Promotions and Deals for Jan 2024

Here are exclusive offerings from leading banks, promising exciting rewards and perks to new credit card applicants. Don't miss out!

Posted on 03/01/2024

Lazada cuts staff amid speculation of upcoming IPO

Lazada declined to disclose how many in Singapore and South-east Asia were affected and whether they got a severance package. Read more at straitstimes.com.

Posted on 03/01/2024

Singapore’s investment outlook in 2024 unlikely to be hurt by Significant Investments Review Bill

GLOBAL economic uncertainty aside, one question for Singapore’s foreign investment outlook in 2024 is a proposed law to scrutinise significant investments in critical entities. Read more at The ...

Posted on 03/01/2024

Singapore banks had a Goldilocks year in 2023, but 2024 not likely to be as benign amid tepid loan growth

SINGAPORE banks are unlikely to replicate the tremendous year they had in 2023, which saw them report record earnings thanks to Goldilocks conditions. Higher interest rates boosted their interest ...

Posted on 03/01/2024

HSBC expects commodity prices to remain high in 2024, drop in 2025

HSBC forecast on Tuesday (Jan 2) that squeezed supply, improved Chinese demand and the global energy transition will keep commodity prices elevated in 2024, before falling the following year. Read ...

Posted on 03/01/2024

HSBC Wraps Up Sale of France-Based Retail Banking Business

HSBC Holdings HSBC has completed the divestiture of its France-based retail banking business. The company sold the business to Crédit Commercial de France (“CCF”), a subsidiary of My Money Group, ...

Posted on 02/01/2024

Economists more optimistic for 2024 as Singapore economy ends 2023 on a higher note

Economists are looking at 2024 with more optimism after Singapore’s economy grew faster than expected in the final quarter of 2023, with the manufacturing sector finally returning to growth.

Posted on 02/01/2024

Singapore stocks end lower in first 2024 session; STI down 0.3%

SINGAPORE stocks started 2024 weaker amid mixed trading across the region. The benchmark Straits Times Index (STI) fell 0.3 per cent or 10.32 points to close at 3,229.95 on Tuesday (Jan 2). Shares of ...

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