Some 12 per cent of redemptions were made by seniors and 24 per cent by those earning less than $2,500 a month. Read more at straitstimes.com.
Amid grim economic landscape, Singapore must have ‘something special’ to show it is a better bet, says its DPM
Singapore will find it harder to grow its economy and create jobs in an increasingly dangerous and troubled world, said Deputy Prime Minister Lawrence Wong on Monday.
Investor’s Guide To Webull, Possibly Singapore’s Most Cost-Efficient Broker
But the latest entrant in the Singapore market, Webull, is going one step further by not charging any commission or platform fee* for trading US stocks. That’s right, zero fees! Find out how opening a ...
GXS chief ‘quietly optimistic’ on digital bank’s growth despite recent global banking instability
GXS Bank believes it is well-placed to capture a larger slice of the consumer market despite banking crises abroad that have added to uncertainty in the global economy. Read more at straitstimes.com.
StanChart aims to double its retail customers in Singapore to 1.8m with digital bank Trust
Since its launch in September 2022, Trust has already acquired 500,000 retail customers. Read more at straitstimes.com.
Singapore garner 1 silver medal, 3 national records on Day 2 of Citi Para Swimming World Series
Yip Pin Xiu won a silver in the 50m backstroke, while Darren Chan, Colin Soon and Tong Jing Xuan set national marks. Read more at straitstimes.com.
Marcos visits U.S., HSBC investors vote on spinoff, SEA Games begin
Separately, Philippine President Ferdinand Marcos Jr. will start his official visit to the U.S. where he will meet with U.S. President Joe Biden on Monday. Many economies in Asia are celebrating Labor ...
Economist Tan Khee Giap warns of investment scam that uses his name; one victim lost over $20,000
The police received 682 reports of investment scams from January to March 2023, with victims losing at least $40.8 million. Read more at straitstimes.com.
6 Dining Deals To Treat Your Mum, With 1-for-1 English Afternoon Tea, 1-for-1 Main Course, 15% OFF Dining Deals And More
With HSBC’s Dining Deals, you can enjoy delicious food and save money at the same time. Don’t miss out on these exciting offers – book your table today and celebrate your mom and loved ones in style: ...
Top Stock Market Highlights of the Week: Property Cooling Measures, Frasers Centrepoint Trust and Parkway Life REIT
We look at the latest round of property cooling measures and the results from two popular REITs. The post Top Stock Market Highlights of the Week: Property Cooling Measures, Frasers Centrepoint Trust ...
Singapore’s 60% Property Tax for Non-Citizens Is Now the Highest in the World
Moving to Singapore as a foreigner just got a lot more expensive. On Thursday, the city-state doubled its Additional Buyer’s Stamp Duty, Bloomberg reported. Now foreign home buyers will have to pay a ...
Singapore stocks flat amid regional rally; STI down 0.4%
A rally across key regional bourses could not prevent the local market from slipping into the red on Friday. Read more at straitstimes.com.
With recovery underway, OCBC keeps ‘buy’ and $1.38 fair value on CLCT
OCBC Investment Research has kept its "buy" call and $1.38 fair value estimate on CapitaLand China Trust (CLCT), with a view that shopper traffic is improving and that the REIT's overall business is ...
Southeast Asia’s strong IPO markets an outlier as global deals fizzle
Southeast Asia is emerging as a global initial public offering (IPO) hotspot, with the region's elevated economic growth and stable interest rate outlook making it a standout as bigger financial ...
Mankind Pharma IPO’s success raises revival hopes for moribund public issue market
The success of Mankind Pharma’s Rs 4,326-crore IPO, the biggest this year and the third-largest since 2022, augurs well for the moribund public issue market, which has seen just six issues this year.
Credit Suisse Southeast Asia FIG Head Said to Join Deutsche Bank
Credit Suisse Group AG’s head of financial institutions group in Southeast Asia is joining Deutsche Bank AG, according to people familiar with the matter.