Organisers of the River Hongbao event are preparing for a record turnout as this year’s edition gets a boost from the removal of pandemic restrictions. The nine-day event at Gardens by the Bay from ...
Standard Chartered faces fresh questions after report of Middle East bank’s takeover bid
STANDARD Chartered’s Bill Winters wanted to mark the start of 2023 “with a little kindness”, he said on LinkedIn, but instead finds himself in the middle of a fresh debate about the emerging-market ...
Singapore banks continue to gain from high interest rates, new Asean supply chains: UOB Kay Hian
In particular, OCBC and UOB will benefit from reorientation of supply chain towards Asean countries, says one analyst.
Commentary: The politics of inflation in 2023 and what it could mean for Singapore
Columbia University economic historian Adam Tooze popularised “polycrisis” to describe the multiple global crises confronting the world simultaneously on an almost unprecedented scale in 2022.
India second-most stock-obsessed country in the world: Study
The study revealed that Singapore ranked the highest as a country most interested in stocks and trading. With a total search score of 555 out of a possible 700, Singapore topped the list for its ...
Dow Futures, SGX Nifty Up: Global Cues Impacting Indian Market
The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, gained 0.11% or 19 points higher at 9:09 am on Friday, indicating a flat-to-positive bias on Dalal ...
Middle East’s largest lender eyed Standard Chartered takeover bid
Shipping and commodities bank Standard Chartered has been the subject of a potential takeover bid by the Middle East’s largest lender. First Abu Dhabi Bank (FAB) confirmed that it had considered ...
Fixed deposit rates inch up above 4% as Singapore banks continue to woo savers
But these promotional rates might be coming to an end with global central banks easing up on interest rate hikes, an expert says.
Japan Finance Minister Suzuki to Visit Singapore, Vietnam Next Week
Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet with high government officials from Jan. 10 to 13, the Ministry of Finance said on Friday. There's no media ...
Olam Agri Picks Banks for $1 Billion Singapore Listing
Olam Group Ltd. has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as $1 billion, people familiar with the matter said.Most Read from BloombergWhat ...
Yield for latest 6-month Treasury bill in Singapore dips to 4.2%
SINGAPORE: The latest Singapore six-month Treasury bill (T-bill) is offering investors a yield of 4.2 per cent per annum, according to results from the year’s first auction released on Thursday (Jan 5 ...
Citi appoints Aftab Ahmed to lead the bank’s operations in Taiwan
Citibank Taiwan Ltd’s (台灣花旗) board of directors yesterday elected Aftab Ahmed, a former Citi country officer (CCO) for the Philippines, as the bank’s new chairman, pending regulatory approval. Aftab ...
Singapore: 2023 GDP forecast remains at 0.7% – UOB
Senior Economist at UOB Group Alvin Liew comments on the recently published GDP figures in Singapore. Key Takeaways “The preliminary estimate of Singapore’s 4Q GDP was in line ...
Company behind Yew Kee Duck Rice eyes Catalist IPO
Yew Kee Duck Rice (formerly known as Yu Kee Duck Rice) is a famous Singaporean brand that started as a push-cart business in the 1950s. Since then, executive chairman Seah Boon Luck, who has taken ...
Long queues for new notes ahead of Chinese New Year
There are 72 POSB pop-up ATMs disbursing fit-for-gifting and new notes, while UOB has 17 such ATMs. Read more at straitstimes.com.
Asia-Pacific IPOs most resilient in 2022; tech and energy groups lead large issuances: EY
SINGAPORE - The initial public offering (IPO) market in the Asia-Pacific has been the most resilient compared with other regions, with stronger and higher growth potentials, said an EY report on ...