The industry group sustainability taskforce has also developed a training benchmark. The Association of Banks in Singapore (ABS) has launched the ABS Sustainable Private Banking and Wealth Management ... ( read original story ...)
Oversold Singapore Bourse Expected To Open Lower Again
The Singapore stock market has finished lower in seven straight sessions, sinking more than 110 points or 3.6 percent to a fresh 19-month closing low. The Straits Times Index now rests just beneath ... ( read original story ...)
Singapore digital wealth start-up Endowus buys Hong Kong’s Carret Private
Together, they will serve tens of thousands of clients with assets of more than $4 billion. Read more at straitstimes.com. ( read original story ...)
2022 a difficult year for IPOs as recession looms and growth prospects fade
High inflation and rising interest rates have resulted in slower growth, experts said. Read more at straitstimes.com. ( read original story ...)
Why 2022 is still a robust year for Singapore property investment despite slowdown
The total investment volume so far this year is already 3% higher than 2021 levels. According to a Cushman and Wakefield report, Singapore's real estate market has attracted around $26.9b in ... ( read original story ...)
Blockchain.com Receives In-Principle Approval from Monetary Authority of Singapore
Blockchain.com secured "an in-principle approval for the Major Payment Institution License offering Digital Payment Token services" in Singapore. ( read original story ...)
Singapore avoids technical recession, economy beats forecast to grow 4.4% in Q3
Analysts expect the economy to weaken in the fourth quarter, and for 2023 to see "below trend growth". Read more at straitstimes.com. ( read original story ...)
Hong Kong undaunted by Singapore rivalry as mainland support gives city unique advantage, treasury chief says
Hong Kong remains undaunted by growing competition with Singapore as support from mainland China gives the city a unique advantage and makes it stand out as an international economic hub, a top ... ( read original story ...)
Singapore tightens policy, warns of risks as GDP growth predicted to come in below trend in 2023
Singapore’s central bank tightened monetary policy settings for a fifth time in the past year, warning of persistent price pressures and a clouded outlook for the global and local economy. ( read original story ...)
Bitcoin is unique regardless of price says DBS bank strategist
Bitcoin is unique regardless of what price it is at, says an investment expert at DBS, the biggest bank in Southeast Asia. ( read original story ...)
MAS tightens monetary policy for fifth time in 12 months to dampen ‘persistent’ inflation
The Monetary Authority of Singapore (MAS) has tightened monetary policy for the fifth time since October last year to dampen persistent price pressures, which are expected to last until the first half ... ( read original story ...)
Top Stock Market Highlights of the Week: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy
We see signs that inflation will persist while the world’s largest chipmaker adjusts its capital spending downwards. The post Top Stock Market Highlights of the Week: TSMC Cuts Spending, US Inflation ... ( read original story ...)
Singapore Finance Ministry: Govt support measures to ‘fully shield’ bottom 40pc of households from expected inflation in 2022
Support measures by the government this year, including public transport vouchers and support packages from the Budget, are expected to “fully ... ( read original story ...)
Singapore tightens monetary policy for 4th time so far in 2022
SINGAPORE, Oct. 15 (Xinhua ... The Global Economics and Markets Research team of UOB (United Overseas Bank) said in a report that the majority of market consensus had expected a further rise in the ... ( read original story ...)
CLSA lifts all three TPs of Singapore banks on higher-than-expected NIMs
The banking sector is also the only sector in the market to benefit from the rising rates, note the analysts at CLSA. ( read original story ...)
Singapore’s services sector will have to do the ‘heavy lifting’ from here, says OCBC Bank
Selena Ling of the bank says Singapore's services sector has "a bit of wind under our wings." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)