Customers in Singapore are more satisfied with finance sector there as banks boost their online banking security. However, customers are less interested in newcomer digital banks.
‘OCBC Bank was our refuge,’ 87-year-old S’porean recalls hiding in bank’s basement during Japanese Occupation
OCBC Bank will always mean something special to 87-year-old Sim Soo Wee. When the Japanese invaded Singapore in February 1942, some OCBC staff members and their families sought refuge in the basement ...
10 Best Cashback Credit Cards in Singapore (2023)
Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you're still one of those people who believe that cash is king, getting ...
What US stocks do Singapore clients invest in this March?
Singapore clients had more appetite for US stocks as the IMX was measured 4.34 in March. TD Ameritrade Singapore said its Singapore Investor Movement Index (IMX) grew to 4.34 in March from 4.29 in ...
Chinese Wealthy in Singapore: Spending lavishly, but not investing locally
Despite the surge in ultra-wealthy Chinese entrepreneurs moving to Singapore, money managers claim little investment is being made in local funds and private equity firms. Bloomberg reports that the ...
Hin Leong Trading founder O.K. Lim on trial accused of cheating HSBC out of $148m
SINGAPORE- The 81-year-old founder of collapsed oil trading firm Hin Leong Trading Pte Ltd went on trial in Singapore on Tuesday (April 11) accused of forgery and cheating HSBC out of $111.7 million ...
Another tightening or status quo? What to expect from MAS’ April MPC meeting
Some experts predict a further increase in the slope to 2.0%. Experts are divided on what to expect from the Monetary Policy Committee (MPC) meeting of the central bank in April. Barnabas Gan, senior ...
Rich Chinese have yet to invest big in city-state
When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened.
Stock Market Today Live Updates: SGX Nifty signals a muted start; Asian shares trade mixed
Tokyo shares opened higher Wednesday following gains on Wall Street, while investors awaited the release of US inflation data later in the day.The benchmark Nikkei 225 index rose 0.23 percent, or 64.86 points, to 27,988.23 in early trade, while the broader Topix index added 0.61 percent, or 13.52 points, to 2,005.37.
Metaverse: OCBC Bank Introduces OCBCx65Chulia in Decentraland to “Redefine” Access to Banking
OCBC Bank has reportedly opened the doors to a different banking experience on leading Metaverse platform Decentraland.
4 Singapore Semiconductor Stocks Well-Positioned to Pay Higher Dividends
These four stocks may be temporarily affected by the microchip downturn, but remain poised to pay out higher dividends once the recovery takes hold. The post 4 Singapore Semiconductor Stocks ...
Mirxes applies for Singapore IPO, but may be lured by Hong Kong
HOMEGROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...
5 Singapore Stocks Warren Buffett Will Feel Comfortable Buying
United Overseas Bank, or UOB, is Singapore’s third-largest bank by market capitalisation. The bank provides a comprehensive range of banking services to individuals and corporations. UOB reported a ...
Singapore stocks see muted trading as caution reigns ahead of key data; STI up 0.1%
In the wider Singapore market, gainers outnumbered losers 305 to 256 ... Genting Singapore was the most actively traded constituent stock. The integrated resort operator fell 0.9 per cent or S$0.01 to ...
Hin Leong founder and former oil tycoon OK Lim on trial for instigating forgery, cheating HSBC in US$111.7 million case
At the time of the alleged offences, Lim was the managing director and 75 per cent shareholder of Hin Leong Trading, an oil trading company incorporated in Singapore. The prosecution's case is that ...
High-profile trial of Singapore’s former oil tycoon OK Lim begins
According to prosecutors, the offences committed between Mar 19 and Mar 23, 2020 had allegedly “induced” HSBC to disburse nearly US$112 million to Hin Leong Trading. The offences carry a maximum ...