HSBC once touted itself as “the world’s local bank.” But if 2008 taught global banks anything, it’s that bigger isn’t necessarily better. Global ambitions in retail banking have fallen out of favor as ... ( read original story ...)
Debrief: Spac listings on the Singapore Exchange
SINGAPORE - The Singapore Exchange (SGX) this month launched new rules allowing special purpose acquisition companies (Spacs) to list on its mainboard, a move that will make it the first major bourse ... ( read original story ...)
Netizens slam Gov’t after Finance Minister said S’pore can record 2,000 new COVID-19 cases daily by Oct if current rate of spread continues
The Online Citizen Asia Netizens slam Gov’t after Finance Minister said S’pore can record 2,000 new COVID-19 cases daily by Oct if current rate of spread continues Comments ... ( read original story ...)
Cautious on Indian market as some rotation of investments back to China likely: Standard Chartered Bank
Abhilash Narayan, senior investment strategist-group wealth management at Standard Chartered Bank, Singapore, on Wednesday, said that there could be some rotation of investments back to China from ... ( read original story ...)
COVID-19 pandemic gives opportunity for companies to share fairer, greener, more inclusive future, says Finance Minister
The Online Citizen Asia COVID-19 pandemic gives opportunity for companies to share fairer, greener, more inclusive future, says Finance Minister Current Affairs ... ( read original story ...)
Singapore Stock Market May Take Further Damage On Thursday
The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gained almost 25 points or 0.8 percent. The Straits Times Index now sits just beneath the 3,070-point plateau ... ( read original story ...)
In Singapore, ‘living with Covid-19’ feels like walking a tightrope of uncertainty, residents say
A milestone in vaccination efforts has been marred by rising virus cases and words of caution from authorities, raising questions of whether the country is on the cusp of further reopening or a return ... ( read original story ...)
Are UOB shares worth buying?
Why did UOB stock price climb this week? UOB shares rallied as much as 1.3% this week, after its Chinese and Indonesian units secured cross-currency licences. Singapore’s third largest bank said on ... ( read original story ...)
Pandemic opens doors for firms to shape fairer, greener, more inclusive future: Finance Minister Lawrence Wong
SINGAPORE - Two years ago, like many people around the world, Finance Minister Lawrence Wong had not heard of video conferencing app Zoom.. Read more at straitstimes.com. ( read original story ...)
New disclosure standards for Singapore retail ESG funds due early 2022: MAS
The Monetary Authority of Singapore (MAS) will set out early next year its regulatory expectations on the disclosure standards that retail funds in Singapore with an ESG investment objective must meet ... ( read original story ...)
‘Gradual recovery’ for Singpost as mail flies again: OCBC
OCBC Investment Research analyst Chu Peng sees a gradual recovery ahead for Singapore Post, following a proposed sale of a non-core asset and a resumption of its international post and parcel business ... ( read original story ...)
Singapore’s top lender picks Chinese stocks for ‘bottom fishers’
Chinese stocks in Hong Kong across a variety of sectors have taken a big beating in 2021 as regulatory fears continue to cloud the outlook. ( read original story ...)
Stock Market Today: SGX Nifty rises 48 points; Asian markets off to mixed start; US stocks end mostly lower
Hong Kong stocks opened slightly higher Wednesday morning, though gains were tempered by a weak lead from Wall Street and profit-taking following a recent rally. The Hang Seng Index ticked up 0.16 ... ( read original story ...)
Standard Chartered Seeks Digital Banking Permit in Singapore
The U.K.’s Standard Chartered bank is embarking on a joint venture deal with Singapore’s National Trades Union Congress (NTUC) to launch a digital-only bank. As Reuters reported on Monday (Sept. 6), ... ( read original story ...)
Singapore records most COVID-19 infections in more than one year
Singapore’s health ministry recorded 328 new domestic coronavirus cases on Tuesday, the highest daily number of new infections in more than a year. ( read original story ...)
COVID-19: Singapore reports most cases in more than 1 year
WILL reimpose curbs if the number of severe cases rises sharply, official says SINGAPORE: Singapore’s health ministry recorded 328 new domestic coronavirus cases on Tuesday, the highest daily number ... ( read original story ...)