SINGAPORE, March 23 (Reuters) - Singapore's key consumer price gauge rose 5.5% in February, unchanged from the previous month and lower than forecast, official data showed on Thursday. The core ...
Contagion fears spread, but impact of banking crisis on Asia largely contained
As far as he knows, there has been no data or evidence to suggest that any bank in Asia-Pacific is at risk of a collapse. It is a sentiment shared by others in the region. Singapore-based Sue Trinh, ...
UPDATE 1-Singapore to follow “hierarchy of claims” in liquidating financial institutions
March 22 (Reuters) - Singapore’s central bank said it will abide by the hierarchy of claims while liquidating a financial institution where shareholders will be the first to absorb losses before ...
OCBC’s Vasu Menon expects US Fed to raise rates by 25 bps; ‘banking crisis’ does not spell ‘gloom and doom’
"In a nutshell – be nimble, stay defensive, focus on quality, and invest carefully and gradually with a mid to long-term view." ...
CGS-CIMB Sticks to Their Buy Rating for OCBC (OVCHF)
CGS-CIMB analyst Andrea Choong maintained a Buy rating on OCBC (OVCHF – Research Report) yesterday and set a price target of S$13.50. The ...
UOB (UOVEF) Receives a Buy from CGS-CIMB
In a report released yesterday, Andrea Choong from CGS-CIMB maintained a Buy rating on UOB (UOVEF – Research Report), with a price target ...
Stock Market Live: Sensex and Nifty 50 likely to open with gains, Asian indices in the green
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher trading global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 25.5 points ...
Banks to share information voluntarily in initial phase of proposed platform to fight money laundering
SINGAPORE – Banks that agree to share details of customers ... The six banks – DBS, OCBC, UOB, Standard Chartered, Citibank and HSBC – will be first to use Cosmic, which aims to thwart financial ...
Singapore to host Asian Water Polo Championships from 22-27 March
Singapore is currently hosting the Asian Water Polo Championships from 22 Mar to 27 Mar at the OCBC Aquatic Centre at the Singapore Sports Hub, with Asian powerhouse ...
‘Premature’ to posit loss and damage donors, recipients: Singapore environment ministry on youth group statement
Singapore’s sustainability and environment ministry (MSE ... warming well below 2°C reaffirms the obligation for developed countries to mobilise climate finance. SYCA’s statement does not give an ...
UOB Kay Hian keeps ‘overweight’ rating on data centre REITs as it sees backfilling supported by tight vacancies
UOBKH maintains "overweight” rating on the data centre S-REITs after seeing first year of positive growth since 2017 ...
Stock Market LIVE Updates: Sensex gains 250 pts, Nifty above 17,150; Adani Green jumps 5%, HCL Tech 2%
Nifty futures on the Singapore Exchange traded 40 points or 0.23% higherat 17,184.50, signalling a positive start for Dalal Street on Wednesday. Asian shares followed US equities higher as concerns ...
‘Cosmic’ platform for financial institutions to share details
To thwart financial criminals who attempt to avoid detection by making illicit transactions across an ever-shifting web of accounts, the Monetary Authority of Singapore (MAS) has mooted a secure ...
MSC Trustees names Singapore chief
"We welcome Lian Sar as our new local chief executive in Singapore and we're delighted our clients will benefit from his significant funds management experience," MSC Trustees said. An operations ...
Singapore Shares Tipped To Open In The Green
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...
Lawrence Wong wraps up debate on Singapore’s COVID-19 response
The work will not end with the debate on the White Paper on Singapore’s response to the COVID-19 pandemic, said Deputy Prime Minister and Finance Minister Lawrence Wong. He said the Government takes ...