Southeast Asia needs to increase clean energy investments to $190 billion, about five times the current level, by 2035 to achieve its climate goals, the International Energy Agency said on Tuesday.
HSBC splits bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong.New chief executive ...
3 Singapore Blue-Chip Stocks Set to Raise Their Dividends
With the earnings season in full swing this week, we present three blue-chip stocks that we are reasonably confident can increase their dividends. The post 3 Singapore Blue-Chip Stocks Set to Raise ...
4 Singapore Stocks with Dividend Yields Exceeding Treasury Bills and Singapore Savings Bonds
Here are four Singapore stocks that pay a higher dividend yield than what you can earn from treasury bills or Singapore Savings Bonds. The post 4 Singapore Stocks with Dividend Yields Exceeding ...
Standard Chartered to focus on affluent, SME banking; sees 12-15% SME business growth
On the SME side, the bank expects growth to be faster, allowing more opportunity to cross-sell and offer wealth management and investment solutions to self-employed and individual business owners.
UOB issues 5-billion-yuan Panda bond
Singapore-based United Overseas Bank (UOB) has successfully priced a 5 billion yuan (US$702.85 million) three-year bond at 2.3%, marking the bank’s first Panda bond since 2019.
UOB issues 3-year Panda bond worth RMB 5 billion, largest among foreign financial issuers for this tenor
UOB has successfully priced an RMB 5.0 billion three-year bond at 2.3 per cent, marking the Bank's first Panda bond since 2019. The offering garnered strong demand with a subscription ratio of 1.73 ...
HSBC streamlines business divisions, names first female CFO
The lender also announces Pam Kaur as its first-ever female CFO, as new CEO Georges Elhedery seeks to trim costs.
UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan
UOB has successfully priced a three-year, five billion yuan (S$923 million) bond at 2.3 per cent, marking its first “panda” bond, or yuan note from offshore issuers, in China’s domestic interbank ...
Jail for elderly married woman in SG who opened bank account on behalf of ‘online boyfriend’
A 75-year-old married woman was sentenced to five weeks’ jail on Oct 22 after she opened a bank account on behalf of her “online boyfriend” whom she had met on WhatsApp.
HSBC unveils sweeping overhaul, names first female CFO
Singapore | Beijing | Hong Kong | HSBC chief executive Georges Elhedery has announced an overhaul of the bank that will split it into four divisions and create a new geographic set-up separating east ...
Brokers’ take: OCBC initiates coverage on PropNex with ‘buy’
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that upcoming project launches in the second half of 2024 and first ...
Singaporean bank UOB issues 3-year panda bond worth 5 bln yuan
Singapore's third-largest bank, said on Tuesday it had raised 5 billion yuan ($702.00 million) from a three-year panda bond and priced it at 2.3%, marking its first such issuance since 2019. Panda ...
Jail for elderly married woman who opened bank account on behalf of ‘online boyfriend’
SINGAPORE – A 75-year-old married woman was sentenced to five weeks’ jail on Oct 22 after she opened a bank account on behalf of her “online boyfriend” whom she had met on WhatsApp. Kang Pue Hua then ...
OCBC unveils Disney-themed cards as part of 5-year strategic collab
OCBC and Disney are releasing themed bank cards. The cards feature popular Disney IPs such as Marvel and Disney Princess and characters such as Stitch, Black Panther, Spider-Man, Captain America, Elsa ...
Singaporeans’ inflation expectations flatten in response to global cues: SMU and DBS survey
Within the survey by SMU and DBS the overall consumer price index inflation expectations (CPIEx), after adjusting for potential component-wise behavioural biases and re-combining across components, ...