Singapore’s role as a regional equity derivatives trading center may be curtailed after it lost a major index-licensing deal to Hong Kong. The next battle front between the two Asian financial hubs ... ( read original story ...)
Singapore firm set to raise up to $70 mln for Southeast Asian debt venture fund
Genesis Alternative Ventures, a private lender backed by Singapore-based family office Sassoon Investment Corp, is set to raise $50-$70 million by early 2021 for its first debt fund to finance ... ( read original story ...)
COVID-19: OCBC reopens 3 more branches and 1 premier banking centre
SINGAPORE: OCBC Bank announced on Thursday (Jun 11) that it has reopened three more branches and one dedicated OCBC Premier Banking Centre, as ... ( read original story ...)
Chinese Metals Giant Cuts Oil Team in Singapore After Few Months
Amer International Group Co., the Chinese metals giant founded by copper tycoon Wang Wenyin, laid off the two employees it hired this year to set up an oil trading desk in Singapore, according to ... ( read original story ...)
Fed will ‘keep foot on the gas’ until jobs return: Bank of Singapore
Bank of Singapore's Gareth Nicholson largely concurs with the U.S. Federal Reserve's dovish stance and suggests high-yield products as a possible investment play given the current rates environment. ( read original story ...)
Oil Traders Lose Asian Forum as Singapore Event Goes Virtual
(Bloomberg) -- Fortunes have been made -- and lost -- in the oil market this year on an unprecedented scale, but it looks like the world’s traders will have to forgo their last chance to get together ... ( read original story ...)
Singapore facing its most severe recession ever
Singapore is facing its most severe recession ever, due to the shock to supply and demand caused by the Covid-19 pandemic, said Ravi Menon, managing ... ( read original story ...)
Construction worker fined for breaching COVID-19 quarantine order to go to a bank
A construction worker was fined S$2,000 in court on Thursday (Jun 11) for breaching his quarantine order to visit a bank. ( read original story ...)
How the SGX investor portal can be a 1-stop destination to support your investment journey
Global Financial Crisis, investors have not seen stock markets that have crashed so quickly as what had happened in February and March 2020, when the Covid-19 outbreak became a full-blown global ... ( read original story ...)
Singapore shares lead Asia lower as Fed outlook weighs on optimism
Led by Singapore, shares in Asia's emerging markets slipped on Thursday, as the U.S. Federal Reserve's forecasts dented hopes that economies would recover more strongly once lockdowns introduced to ... ( read original story ...)
Citi Adds Hong Kong, Singapore Shares on ‘New Business Cycle’
More traditional companies in Hong Kong and Singapore are set to benefit from a “new business cycle” globally as their economies recover from the pandemic, according to Citigroup Inc.’s ... ( read original story ...)
OCBC to resume face-to-face wealth advisory services by appointment at some branches
OCBC Bank will resume face-to-face wealth advisory services by appointment only for bancassurance, funds, structured investments and bonds at 27 branches and nine OCBC Premier Banking Centres.. Read ... ( read original story ...)
TCS to Launch Digital Acceleration Centre in Singapore
PRNewswire/ -- Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and ... ( read original story ...)
In Singapore, expatriates hit by coronavirus pay cuts, lay-offs fear for future
Foreign workers are expected to bear the brunt of the 200,000 redundancies economists forecast will be made in the city state by the end of the year. ( read original story ...)
Coronavirus: Singapore must reject ‘not in my backyard’ mindset when rehousing migrant workers, top official says
Low-income foreign workers packed into bunk rooms that lack proper hygiene facilities account for more than 90 per cent of Singapore’s 38,000 Covid-19 cases. ( read original story ...)
Singapore stock watch: Yanlord, Wing Tai, Chip Eng Seng, World Class Global, IPC Corp
The following companies saw new developments that may affect trading of their shares on Thursday (June 11):. Read more at straitstimes.com. ( read original story ...)