Singapore earlier saw 7.5% of its adult population with a wealth of atleast $1.38 million, jump to 9.8% in the year 2025 and later 13.4% in the year 2030. ( read original story ...)
DBS chief Piyush Gupta to take over from Ho Kwon Ping as SMU chairman
After leading Singapore Management University for 25 years, Ho will hand over the reins to Gupta from Jan 12, 2023. Read more at straitstimes.com. ( read original story ...)
How DBS Became the ‘World’s Best Bank’
To win over a new generation of customers, DBS saw that it needed to inhabit the same space as the tech upstarts, leveraging new technologies to take the hassle out of traditional banking. In short, ... ( read original story ...)
Singapore to be Asia’s millionaire capital by 2030: HSBC
Singapore will overtake Australia to have Asia’s highest share of millionaires in the adult population by 2030, according to a report by HSBC Holdings Plc. The financial hub is expected to top the ... ( read original story ...)
Singapore’s UOB sees Chinese stocks outperforming in the second half as Beijing moves to support economy
Positive vibes’ from Beijing indicate more support on the infrastructure and lending fronts, which could have a ‘multiplier effect on boosting consumption’ and Chinese equities in the second half, ... ( read original story ...)
Singapore to be Asia’s millionaire capital by 2030, HSBC says
Singapore will overtake Australia to have Asia’s highest share of millionaires in the adult population by 2030, according to a report by HSBC. ( read original story ...)
Emma Sheller exits Standard Chartered amidst marketing team rejig
Emma Sheller, Standard Chartered's global head of corporate affairs, brand and marketing (CABM), private and business banking as well as global head of brand strategy, is leaving the bank after close ... ( read original story ...)
Baby boomers in S’pore leading more sustainable lifestyle than young people: OCBC survey
The results from this year's OCBC Climate Index were revealed by the bank on Aug. 16 at a media briefing. How the survey was conducted. Between Jun. 4 and Jun. 16, 2022, an online ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open with minor cuts today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Thursday, a day after Dalal Street scaled yet another four-month closing highs, amid weakness across global markets. ( read original story ...)
Renewed Selling Pressure Expected For Singapore Stock Market
The Singapore stock market on Wednesday ended the three-day losing streak in which it had slumped almost 25 points or 0.7 percent. ( read original story ...)
What is a Bear Market and How Should You Smartly Invest During One?
A bear market is, very simply put, any single stock or index that experiences a severe decline in value over a sustained period of time. And so, here we share the tips on how to survive a Bear Market ... ( read original story ...)
Gaza could be the next Singapore – opinion
Let’s face reality, Hamas is here to stay – now is the time to set the course to engage with Hamas and to provide the means for its moderation and pragmatism to increase. ( read original story ...)
13% of S’pore population to become millionaires by 2030, highest proportion among Asia-Pacific economies: HSBC report
In eight years' time, more than 13 per cent of adults in Singapore will be worth more than US$1 million (S$1.38 million), a proportion higher than the United States, China and 12 other Asia-Pacific ... ( read original story ...)
S’pore will have more millionaires per population v US, China by 2030: HSBC
Last year, 7.5% of Singapore's citizens and permanent residents had wealth of at least US$1m. Read more at straitstimes.com. ( read original story ...)
SMU’s founding chairman Ho Kwon Ping to step down after 25 years, DBS CEO Piyush Gupta to succeed him
SINGAPORE — Singapore Management University’s (SMU) founding chairman Ho Kwon Ping will step down on Jan 11 next year after 25 years of leadership, the institution announced on Wednesday (Aug 17). ( read original story ...)
Tencent Posts First Revenue Drop Since 2004 IPO
The Chinese social-media giant’s revenue dropped 3% as a slowing economy further dented its online-ad revenue, while its videogame business continued to struggle from tighter regulations. ( read original story ...)