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Posted on 23/06/2023

Investment banking fees in Singapore down 25% to US$401.8 million in H1 2023: Refinitiv

INVESTMENT banking fees in Singapore generated US$401.8 million in the first half of 2023, representing a 25 per cent drop compared with the same period a year earlier, based on preliminary data from ...

Posted on 23/06/2023

UOB card application surges in S’pore due to privileged access to Taylor Swift tickets

UOB debit and credit cardholders are probably finding themselves ... and general on-sale reserved ticket allotment for Taylor Swift's The Eras Tour concerts in Singapore. And it is not surprising that ...

Posted on 23/06/2023

Brokers’ take: RHB cuts DBS target by 7.6% amid weak earnings outlook

RHB Research has cut its target price for DBS by 7.6 per cent to S$33 from S$35.70, but maintained its “neutral” call on the stock, it said in a report on Friday (Jun 23). Read more at The Business ...

Posted on 23/06/2023

Singapore’s core inflation eases to 4.7% in May

Singapore’s core inflation eased to 4.7 per cent year-on-year in May, official data showed on Friday (June 23).

Posted on 23/06/2023

Crypto Expo Asia Draws over 10,000 Visitors to Singapore to Conclude Successful Second Run

Future editions of the conference in Dubai and Miami will rebrand to Blockchain Expo Global SINGAPORE, June 23, 2023 /PRNewswire/ -- Crypto Expo Asia, one of the region's leading crypto conferences and exhibitions, recorded its largest attendance in the ...

Posted on 23/06/2023

Singapore May Core Inflation Rises 4.7% Y/y, Matches Forecast

Singapore's key consumer price gauge rose 4.7% year-on-year in May, official data showed on Friday. The May core inflation rate - which excludes private road transport and accommodation costs - eased from the 5% seen in April and matched a Reuters poll of economists.

Posted on 23/06/2023

Businesses prepare for rise in demand for masks and air purifiers, as Singapore braces for haze season

With the double whammy of an expected El Nino and a positive Indian Ocean Dipole, this year’s dry season could be more intense and prolonged compared to recent years, lasting until October.

Posted on 23/06/2023

Singapore jails woman for swindling Pokemon card buyers

SINGAPORE: After being told by a woman in Singapore that he would receive a discount on each case of Pokemon cards from his bulk purchase on Carousell, one buyer paid her close to S$80,000 (US$60,000) ...

Posted on 23/06/2023

Singapore kicks off the world’s first Olympic Esports Week

Singapore is hosting the inaugural Olympic Esports Week where over 100 athletes from around the world are competing across 10 virtual sports. This is the first live, in-person edition of the virtual ...

Posted on 23/06/2023

Phishing and ransomware dominate Singapore’s cyber threat landscape

Phishing attempts and ransomware continued to pose a significant threat to organisations and individuals in Singapore in 2022 even though there are signs that cyber hygiene is improving in the ...

Posted on 23/06/2023

Singapore is taking ‘baby steps’ with new events like Olympic Esports, says minister of state

Alvin Tan, Singapore's minister of state for culture, community and youth, as well as trade and industry, says "we're bullish about esports, we're bullish about the melding of virtual and physical worlds.

Posted on 23/06/2023

China’s Penglai crude shipments land in Singapore, Malaysia -data

SINGAPORE, June 22 (Reuters) - Two crude cargoes loaded from China's Penglai oilfields arrived at Singapore and Malaysia in May and June, Refinitiv data showed, an unusual export from the world's largest crude importer. Aframax-sized tanker Elephant loaded ...

Posted on 23/06/2023

‘Add’ these three property names as Singapore releases highest residential land supply since 2013: CGS-CIMB

With the government releasing the highest residential land supply since 2013, CGS-CIMB Research analyst Lock Mun Yee remains “neutral” on the property development and investment sector. ( read original story ...)

Posted on 23/06/2023

Briefs: MAS penalises Citi, DBS and OCBC for breaches of anti-money laundering requirements; Grab cuts 1,000 jobs

Quoteworthy: "That’s what the great embarrassment for dictators — when they didn’t know what happened." - US's Joe Biden.

Posted on 23/06/2023

UOB Kay Hian re-initiates ‘buy’ on Manulife US REIT with TP of 47 US cents

The "buy" call came as analyst Jonathan Koh sees the negatives as largely priced in within the REIT’s unit price ...

Posted on 23/06/2023

Cryptocurrency roundup for June 23: CACEIS enters crypto realm, Ripple approved in Singapore, Binance accuses SEC and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.

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