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Tag: finance

Posted on 02/02/2023

GXS Bank names former SGX president as group CEO

Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus. GXS Bank has appointed Muthukrishnan Ramaswami as its group chief executive officere, ...

Posted on 02/02/2023

Oxley first-half profit falls 98.8% on absence of one-time gain, higher finance costs

SINGAPORE - Mainboard-listed Oxley Holdings reported on Wednesday a sharp drop in net profit for its first half financial year on the back of lower revenue and higher finance costs. Read more at ...

Posted on 02/02/2023

FIS enables real-time payments for Singapore’s Trust Bank

Trust Bank, Singapore’s first digitally-native bank, will utilize the FIS Open Payments Framework (OPF), a real-time payments platform.

Posted on 02/02/2023

HSBC Insurance Completes Merger With AXA Singapore

The integration between HSBC Insurance Singapore and AXA Insurance is now complete and has begun operating as a combined entity.

Posted on 02/02/2023

7 measures analysts are expecting from Budget 2023

UOB expects the budget to focus on navigating Singapore through an uncertain year. Singapore’s 2023 budget will likely include seven measures that will help Singapore navigate through an uncertain ...

Posted on 02/02/2023

Some hawker stall patrons to get up to S$3 off their meals on Fridays through DBS PayLah! app

SINGAPORE: If you patronise hawker stalls using the DBS PayLah! mobile application, you will soon be able to get S$3 off your meals every Friday over the next year or so. This move by DBS - which runs ...

Posted on 02/02/2023

Up to $3 cashback on Fridays for hawker stall patrons using DBS PayLah app

Singaporeans will be able to enjoy cashback of up to $3 when they pay for a hawker centre meal using the DBS PayLah app on Fridays, from Feb 10. The programme, which will end on Jan 19, 2024, applies ...

Posted on 02/02/2023

Singapore Bourse May Test Resistance At 3,400 Points

The Singapore stock market on Wednesday ended the two-day losing streak in which it had fallen more than 35 points or 1 percent. The ...

Posted on 02/02/2023

Stock Market Live Updates: SGX Nifty signals a negative start; Asian shares trade higher

Nifty futures on the Singapore Exchange traded 71 points, or 0.40 per cent, lower at 17,629, signaling that Dalal Street was headed for a negative start on Thursday. Following wild swings on the ...

Posted on 02/02/2023

Nifty to fall below 17400 or bears to take a back seat? 8 things to know before share market opening bell

Indian share market likely to open on a negative note, hints SGX Nifty. Global cues mixed after US Fed raises rates by 25 bps. Here are 8 things you need to know before stock market opens.

Posted on 02/02/2023

More using blockchain to bring alternative assets to investors as stock market loses shine

SINGAPORE – Fund raising in public markets has dwindled over the past year in the wake of higher inflation and rising interest rates that have triggered volatility in stocks and bonds. Read more at ...

Posted on 02/02/2023

Stop Scams podcast: Banking industry studying ‘money lock’ which customers can use to secure savings

SINGAPORE – Banking customers may soon be able to keep their savings safer with a “money lock” which allows them to voluntarily set aside a certain amount which cannot be digitally transferred out.

Posted on 02/02/2023

ABB E-mobility private placement sets Sfr2.7bn valuation pre-IPO

With an implied valuation of Sfr2.7bn, ABB e-mobility could have a free-float of 25% after its planned IPO in the second half of the year ABB E-mobility took a group of international investors on ...

Posted on 01/02/2023

CytoMed Therapeutics to Sell 2.41 Million Shares at $4-$5 Each in IPO

By Colin Kellaher CytoMed Therapeutics Pte. Ltd. on Wednesday said it plans to sell about 2.41 million shares at between $4 and $5 apiece in its ...

Posted on 01/02/2023

Standard Chartered Appointed Cash Management Partner and FX Prime Broker for OANDA in USA, UK, and Singapore

Standard Chartered Bank (the "Bank") has been appointed as OANDA’s cash management bank for payments and collections in the United States and United Kingdom; an extension of an existing relationship ...

Posted on 01/02/2023

Standard Chartered joins the DP World Tour as associate partner

With presence in various markets worldwide, the bank hopes to offer exclusive golf experiences to its clients through the partnership Standard Chartered joins the DP World Tour as associate partner DP ...

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