DBS analyst Paul Yong sees Civmec continuing to pay a “steady” dividend of 3 Australian cents for the FY2023 and FY2024. ( read original story ...)
Grab-Singtel venture steps into Singapore’s competitive bank sector
GXS Bank, the digital bank joint venture of ride-hailing firm Grab Holdings and Singapore Telecommunications , launched Singapore's first digital bank on Wednesday for the retail market in the ... ( read original story ...)
Trust Bank: First digital bank in Singapore and its offering ‘numberless’ credit card
Standard Chartered Bank, NTUC Enterprise, and FairPrice Group in Singapore collaborated to announced their digital bank this week. ( read original story ...)
Fed ends decade-long enforcement action against HSBC
The U.S. Federal Reserve has terminated a decade-long enforcement action against HSBC Holdings PLC for violation of anti-money laundering rules and sanction laws. ( read original story ...)
SMS spoofing: Has Singapore finally found the answer to stop scammers?
The Infocomm Media Development Authority (IMDA) has launched a new SMS Sender ID register (SSIR) that can ban spoofing messages. ( read original story ...)
MAS tacks $375k fine on UOB Kay Hian
The fine is for breaches in business conduct and anti-money laundering rules. The Monetary Authority of Singapore has fined UOB Kay Hian Private Limited $375k for its failure to comply with business ... ( read original story ...)
Goldman, Citigroup Tell Clients to Bet Big on Singapore Dollar
Singapore’s dollar is emerging as the top bet for Wall Street’s biggest banks as wagers the central bank will extend policy tightening bolsters demand for Southeast Asia’s top-performing currency.Most ... ( read original story ...)
5 Singapore Dividend Stocks With Dividends Paid for 10 Years (or More!)
A long track record of dividend payments is an important attribute that income-seeking investors should look for. The post 5 Singapore Dividend Stocks With Dividends Paid for 10 Years (or More!) ... ( read original story ...)
Singapore’s Temasek, HSBC set up infrastructure debt financing venture firm
Singapore state investment company Temasek Holdings and UK lender HSBC Holdings have launched a sustainable infrastructure debt financing firm called Pentagreen Capital that aims to make US$1 billion ... ( read original story ...)
Best fixed deposit rates in Singapore (Sept 2022) – DBS, UOB, OCBC and more
Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don’t need to do anything to earn this interest, just park ... ( read original story ...)
The Lawrence Wong’s Mum barometer for Singapore digital banking
There was a touch of edginess in the launch events for two Singapore digital banks, Trust Bank and GSX, on consecutive days this week. ( read original story ...)
4 Resilient Singapore Dividend Stocks Yielding More Than 4%
When times get tough, you can look for these four resilient stocks that continue to pay a dividend yield exceeding 4%. The post 4 Resilient Singapore Dividend Stocks Yielding More Than 4% appeared ... ( read original story ...)
Singapore 2022 GDP, Inflation Outlook Sours Further – MAS Survey
The outlook for Singapore’s economy worsened amid headwinds from rising commodity prices and a slowdown in China, a survey by the Monetary Authority showed on Thursday. In the results of a survey ... ( read original story ...)
Chinese stock’s 13,000% surge creates another US IPO mystery
SINGAPORE - Another Chinese firm is baffling investors with massive gains on its first day of trading in the United States, following on from stellar debuts for AMTD Digital and Magic Empire Global. ( read original story ...)
New blank check company files for $200m IPO, led by same team behind SPAC that took Anghami public
Anghami listed via a merger with a publicly-traded special purpose acquisition company (SPAC) called Vistas Media Acquisition Company (VMAC). The music streaming company entered into a merger ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open lower today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Thursday as Dalal Street returns to trade after a day's holiday. Singapore Exchange (SGX) Nifty futures — an early ... ( read original story ...)