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Tag: finance

Posted on 28/04/2025

Race participant dies at 2XU Compression Run in Singapore

The event flagged off at around 4.15am and is said to have drawn over 20,000 participants. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 28/04/2025

Singapore banks dominate surge in share buybacks

The value of buybacks by DBS account for nearly half of all the stock repurchases in Singapore from April 1 to April 23, followed by UOB at 25% and OCBC at just over 8%, according to Bloomberg data.

Posted on 28/04/2025

An Investor’s Guide to Navigating Singapore’s General Election

Assurances of policy continuity and supportive measures for the economy will be top of mind for many investors ahead of Singapore’s elections as markets remain pressured from US-imposed tariffs.

Posted on 28/04/2025

Citi Singapore’s chief eyes piece of projected $131 trillion pie in new wealth

The fastest growth in wealth creation over the next decade will be from Asia, she says. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 28/04/2025

OCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?

At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to distribute its stake in Great Eastern Holdings (GEH) to its ...

Posted on 28/04/2025

More support for SMEs to access sustainable financing: UOB

UOB said that it is enhancing support for small and medium-sized enterprises (SMEs) to help them access sustainable financing. Read more at The Business Times.

Posted on 28/04/2025

Singapore central bank mulls review of asset managers’ liquidity risk framework

Chia Der Juin, managing director of the Monetary Authority of Singapore (MAS), noted that global regulatory bodies such as the Financial Stability Board and the International Organisation of ...

Posted on 27/04/2025

Singapore investors behind regional peers on climate governance and disclosures: investor group

SINGAPORE] Investors in Singapore are behind their regional peers in several climate-related metrics, particularly on matters relating to climate governance and disclosures, indicated a recent review ...

Posted on 27/04/2025

Winning Streak May Continue For Singapore Stock Market

(RTTNews) - The Singapore stock market has climbed higher in seven straight sessions, rallying almost 325 points or 8.5 percent along the way. The Straits Times Index now sits just above the 3,830 ...

Posted on 27/04/2025

Yangzijiang Financial exploring possibility to spin off maritime investment business

SINGAPORE] Yangzijiang Financial Holding is exploring the possibility of spinning off its maritime investments segment into a newly incorporated company to be listed separately on the mainboard of the ...

Posted on 27/04/2025

CapitaLand Investment’s launch of new C-Reit comes as it takes long-term view of China business

SINGAPORE] CapitaLand Investment (CLI) holds a long-term view of its business in China where it has built a strong foundation as part of the CapitaLand Group for over 30 years, said CLI’s group chief ...

Posted on 27/04/2025

Yangzijiang Financial targets spin off listing of marine investment platform within 12 months’ time

"Yangzijiang Financial's maritime investment business has high growth potential. The profitability of this segment may be even greater if it's a standalone," Ren told The Edge Singapore back then. The ...

Posted on 27/04/2025

DBS Group Holdings Conducts 26th Annual General Meeting

DBS Group Holdings ( (SG:D05)) just unveiled an update. DBS Group Holdings Ltd held its Twenty-Sixth Annual General Meeting at Marina Bay Sands Expo and Convention Centre in Singapore. The meeting was ...

Posted on 27/04/2025

Singapore’s Syfe Wins Shareholder Backing to Buy Selfwealth for A$65m

Syfe, an Asia Pacific savings and investment platform, said it would acquire Australian digital broker Selfwealth in an all-cash A$65 million transaction ...

Posted on 26/04/2025

OCBC trims OUE REIT target price by nearly 9% on hospitality weakness

OUE REIT divested Shanghai commercial asset Lippo Plaza Shanghai in December 2024, leaving its portfolio with six office, hospitality and retail assets — all in Singapore.

Posted on 26/04/2025

DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’

SINGAPORE] Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy” rating on logistics-focused Mapletree Logistics ...

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