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Tag: finance

Posted on 09/11/2022

Grab-led Singapore digital bank’s senior executive steps down

GXS Bank, the venture between ride-hailing company and fintech firm Grab and Singapore Telecommunications, said its executive director and board member Reuben Lai would leave the bank at the end of ...

Posted on 09/11/2022

Grab-led Singapore digital bank executive steps down

GXS Bank, the digital banking joint venture between ride-hailing company Grab Holdings and Singapore Telecommunications, on Wednesday said its Executive Director Rueben Lai would leave the bank at the ...

Posted on 09/11/2022

S’pore’s DBS, other SE Asia banks gain on MUFG in market cap

DBS’s market capitalisation stood at US$63.4 billion on Monday while BCA finished at US$68.6 billion, according to data from Refinitiv. The figures hover around MUFG’s market cap of US$63.7 billion.

Posted on 09/11/2022

Singapore to raise carbon tax after Bill passed in Parliament, WP’s proposals rejected

Workers' Party MPs Leon Perera and He Ting Ru had their suggested amendments to the Carbon Pricing (Amendment) Bill rejected.

Posted on 09/11/2022

Singapore Stock Market Has Positive Lead For Wednesday

(RTTNews) - The Singapore stock market has finished higher in three straight sessions, improving almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the ...

Posted on 09/11/2022

SGX Nifty gains 44 pts: Tata Motors Q2 results, two new IPOs, TechM dividend & more

Nifty futures on the Singapore Exchange quoted 44 points, or 0.24 per cent, higher at 18,391.50. The level suggests further gains over Nifty's Monday's closing ...

Posted on 09/11/2022

OCBC Investment Research cuts SIAEC’s target price on cost pressures

OCBC Investment Research’s Chu Peng has maintained her “buy” rating on SIA Engineering Company (SIA EC) but has cut her fair value estimate from $2.90 to $2.60 in light of the company’s 1HFY2023 ended ...

Posted on 09/11/2022

Crypto exchange FTX’s token leads major coins in slide as investor jitters rattle market

By Tom Westbrook, Tom Wilson and Hannah Lang LONDON/SINGAPORE (Reuters) -The in-house token of major crypto exchange FTX slumped on Tuesday, losing one-third of its value and dragging down other major ...

Posted on 09/11/2022

Tokyo & Singapore: Friendly Competitors

The race to establish global financial centres is often pitted as a fierce competition where the winner-takes-all.

Posted on 09/11/2022

Chinese workspace provider AgiiPlus adds terms to proposed $39M IPO

Chinese workspace provider AgiiPlus (AGII) has added terms to a proposed $39M US initial public offering. Read more on the IPO here.

Posted on 09/11/2022

Singapore’s DBS, other Southeast Asia banks gain on MUFG in market cap

Top Singaporean bank DBS Group Holdings and Indonesia's Bank Central Asia now hold market values that match or exceed that of Mitsubishi UFJ Financial Group, Japan's largest bank, the sea change ...

Posted on 08/11/2022

Standard Chartered and upSWOT launch business analytics solution

Through the new solution, Standard Chartered’s SME clients can connect the business apps that they use with upSWOT to generate real-time insights and dashboard analysis using the data aggregated ...

Posted on 08/11/2022

Is The Singapore Property Market Slowing Down?

In the meantime, you can take advantage of other investment vehicles that are benefiting from the high interest rate environment such as Singapore Savings Bonds or Treasury Bills. This can help ...

Posted on 08/11/2022

Singapore Market edges up ahead of U.S. midterm elections

However, market gains capped as investors seemed reluctant to make significant moves on sharply escalating COVID-19 cases in China and ahead of the U.S. midterm elections on Tuesday.

Posted on 08/11/2022

Grab online bank leader Reuben Lai to step down

Reuben Lai, executive director at GXS Bank, is leaving the position at the end of this year. The news was first reported by Tech In Asia. Lai was head of Grab Financial Group until May 2022, and then ...

Posted on 08/11/2022

The rise of $100 million net worth individuals: Why Singapore’s luxury property market still has room for growth

At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment.The Additional Buyers Stamp Duty (ABSD) rate for foreigners ...

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