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Tag: finance

Posted on 15/08/2023

UOB Kay Hian Remains a Hold on Singapore Exchange (SPXCF)

In a report released today, Llelleythan Tan from UOB Kay Hian maintained a Hold rating on Singapore Exchange (SPXCF – Research Report), ...

Posted on 15/08/2023

DBS head says Singapore hasn’t realized that it’s rich, suggests rethinking what to do with reserves

Mr Piyush Gupta, the head of DBS Group Holdings, called for reconsidering how the country’s sizable reserves can be better deployed. “We’ve still not caught up around the fact that we are a rich ...

Posted on 15/08/2023

Must-watch: Singapore Reserves Revealed gives exclusive insight into the country’s rainy day fund

Produced over the span of six months, Singapore Reserves Revealed is to date, the most extensive look at one of Singapore’s most closely guarded secrets. It features exclusive interviews with the ...

Posted on 15/08/2023

Singapore introduces visionary regulatory framework to boost stablecoins’ stability

The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new ...

Posted on 15/08/2023

Chongqing and Singapore lead by example in green finance collaboration – Minister Insights

As Chongqing's green finance infrastructure crystallizes, its synergy with Singapore signifies a watershed moment in the region's quest for sustainability. Their collaborative spirit serves as a ...

Posted on 15/08/2023

Saudi, Singapore wealth funds snap up Alibaba, JD.com, BeiGene and other Chinese stocks, picking up where US funds left off

The Saudi and Singapore sovereign funds recorded steep losses last year amid a global market downturn. The PIF incurred a loss of US$11 billion on investment activities last year, versus a US$19 ...

Posted on 15/08/2023

Climate change is Singapore’s biggest long-term crisis, says Indian-origin presidential hopeful Tharman

Climate change is the biggest long-term crisis that Singapore faces and adapting to it will require infrastructural investments, the country’s Indian-origin presidential hopeful Tharman Shanmugaratnam ...

Posted on 15/08/2023

Hin Leong liquidators and HSBC chase Lim Oon Kuin and scions for $3.6bn

In a court case that kicked off in Singapore last Thursday, Hin Leong Trading’s liquidators are demanding that its founder Lim, together with his two children, cough up $3.5bn for debts that allegedly ...

Posted on 15/08/2023

DBS Pledges SGD 1 Billion to Help Vulnerable Communities

DBS has pledged to set aside up to SGD 1 billion over the next 10 years in an effort to step up its support for vulnerable communities.

Posted on 15/08/2023

Singapore bulker player Uni-Asia sees first half profit slide 74%

Japanese bulker player Uni-Asia Group has reported a 74% year-on-year decline in first half profit, figures just released show. Singapore’s only listed bulker owner made $4.2m in the first six months ...

Posted on 15/08/2023

Singapore fintech firms eye bigger share of bank-dominated payment services

Singapore’s fintech firms are expanding their services and operations despite facing competition from the banking sector and even as they experience a decrease in funding due to macroeconomic ...

Posted on 15/08/2023

Singapore’s Neon considering $271m funding following Temasek’s $150m investment

The firm produces immersive experiences and exhibitions with franchises including Marvel’s Avengers. Read more at straitstimes.com.

Posted on 15/08/2023

Singapore Stock Market May Find Traction On Tuesday

The Singapore stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.3 percent along the way. The ...

Posted on 14/08/2023

Top Singapore banker calls for rethink of city’s reserves

The financial hub has over the years accumulated a large, undisclosed sum of reserves, which has been estimated at over a trillion dollars, a figure Gupta referenced in his remarks. Still, authorities ...

Posted on 14/08/2023

Lloyds to restart foreign subordinated bond sales in Singapore dollars

No foreign bank has issued subordinated debt in the currency since CS collapse ◆ Local heavyweight showed there is demand for AT1 ◆ Will be issuer's fourth currency outing since Q2 results ...

Posted on 14/08/2023

The Ultimate List of Credit Card Reviews in Singapore

In today's dynamic world of personal finance, selecting the perfect credit card has become an essential skill. With a myriad of options available, each promising unique benefits and rewards, ...

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