SINGAPORE - HSBC Global Asset Management on Thursday (March 8) said it has launched its first dedicated Singapore-dollar (SGD) income bond fund for retail investors in the Republic. The minimum investment sum stands at S$1,000, and investors may buy into ... ( read original story ...)
DBS prices A$750m floating-rate notes due 2028
SINGAPORE - DBS Group Holdings on Thursday said it has priced the issue of its A$750 million (S$771 million) floating-rate subordinated notes due 2028, at a three-month bank bill swap reference rate, plus 1.58 per cent per annum. The notes may also be ... ( read original story ...)
Singapore sixth APEC economy to commit to responsible data sharing
SINGAPORE: Singapore has joined Japan, the Republic of Korea, Canada, the United States and Mexico as the sixth APEC economy to participate in the Cross-Border Privacy Rules System this week. It is also the second APEC economy alongside the United States ... ( read original story ...)
HSFO moves from Japan to Singapore in rare export amid refinery issues: sources
The high sulfur fuel oil market in Asia was seeing rare exports of 380 CST material from Aichi, central Japan, to Singapore, amid market talk of refinery issues, market sources said Thursday. According to trade sources, they are expecting three-four MR ... ( read original story ...)
HSBC launches Singapore-dollar income bond for local retail investors
SINGAPORE - HSBC Global Asset Management on Thursday (March 8) said it has launched its first dedicated Singapore-dollar (SGD) income bond for retail investors in the Republic. The HSBC Global Investment Funds Singapore Dollar Income Bond, an Asia-focused ... ( read original story ...)
OCBC Bank prices £250m floating rate covered bonds due 2023
SINGAPORE - OCBC Bank said on Thursday (March 8) that it has priced £250 million (S$457 million) floating rate covered bonds due 2023. The covered bonds will bear interest at the three-month sterling Libor reference rate plus 0.27 per cent per annum ... ( read original story ...)
CIMB launches cross-border banking between Malaysia and Singapore
CIMB Bank Berhad and CIMB Islamic Bank Berhad (CIMB) have launched their cross-border solutions for their customers with CIMB accounts in Malaysia and Singapore. With their CIMB conventional or Islamic accounts in both countries, customers are able to ... ( read original story ...)
JD.com backs Sasseur REIT’s Singapore IPO
SINGAPORE (March 7): Sasseur REIT’s S$396 million (US$301 million) Singapore Exchange IPO has attracted a list of 13 cornerstone investors, one of the highest in an SGX IPO in recent times. JD.com, China’s largest e-commerce company by revenue, will be ... ( read original story ...)
Microsoft’s Surface Pro with LTE is Now Available for Preorder
The new Microsoft Surface Pro with LTE connectivity could be just the beginning of a ... who wanted more following the launch of its Surface Pro here, said Microsoft Singapore's Windows and Devices business group lead Ms Veronica Chiu. ( read original story ...)
Pros and cons of repaying your mortgage before the loan tenure is up
Home loan interest rates have been at historical lows since 2008, after the Global Financial Crisis. However, interest rates have been steadily climbing. Remember that the historical interest rate for Singapore home loans is close to four per cent ... ( read original story ...)
NeoXam to support UOB’s FRTB and BCBS239 market data requirements
NeoXam, a leading financial technology company, announces that it has been selected by United Overseas Bank (UOB) in Singapore to support its group wide market data management efforts in line with incoming regulations, such as FRTB (Fundamental Review of ... ( read original story ...)
Sarawak, Singapore ink MOU for mobile digital payment collaboration
Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to share on Google+ (Opens in new window) Click to share on WhatsApp (Opens in new window) Click to print (Opens in new window) SINGAPORE: Sarawak and ... ( read original story ...)
Singapore startup RateX raises US$2.3M to make online shopping cheaper via low exchange rates
It will use the newly-raised funding to launch of its mobile app in Singapore in Taiwan as well as accelerate its overseas expansion into Indonesia this year. RateX is a free browser extension that automatically provides shoppers with the lowest exchange ... ( read original story ...)
Singapore’s online property network Soho raises US$1.3M to grow its headquarters
The startup, led by founder Jonathan Lui, has raised S$2.75 million (US$2 million) to date Soho’s founder Jonathan Lui In a small and competitive real estate market that is being fought over by two rival property marketplaces 99.co and PropertyGuru ... ( read original story ...)
Singapore Optimises National Cash Infrastructure By Turning Stores Into ATMs
Partnership with DBS, POSB and Standard Chartered To date, soCash has partnered with Singapore’s major banks, DBS, POSB and Standard Chartered to provide digital cash points island-wide; reducing the cost for banks while making cash more easily ... ( read original story ...)
soCash puts the heat on ATM machines as Singapore digitises
The fintech start-up aims to turn ordinary stores into cashpoints. soCash said in a statement that it has partnered with Singapore's major banks, DBS, POSB, and Standard Chartered to provide digital cash points island-wide. It is reducing costs for banks ... ( read original story ...)