which will allow users to buy and sell cryptocurrencies with Singapore dollars (SGD). As Finance Magnates reported, initially, traders can access Bitcoin, Ethereum and Binance Coin on the new exchange ... ( read original story ...)
Singapore is not expecting full-year recession at this point: Heng Swee Keat
SINGAPORE — Singapore is not expecting a full-year recession ... Heng said in a Facebook post on Friday (12 July). Heng, who is also the Finance Minister, said the latest advance GDP estimates ... ( read original story ...)
One-third of people in Singapore see investing as a form of gambling: OCBC study
SINGAPORE — About 33 per cent of people in Singapore think of investing as a form of gambling, indicating that many lag behind when it comes to growing their wealth and preparing for retirement, ... ( read original story ...)
Singapore or Hong Kong. Who will win the virtual banking race?
Singapore is following in the footsteps of Hong Kong with its disruption of the city’s banking system. The development of virtual banking is likely to bring vitality to the economy and could even ... ( read original story ...)
Singapore economy: leaders ease recession fears as US-China trade war bites
Ex-Singapore finance chief Tharman Shanmugaratnam shortlisted for IMF top job, but will Europeans hand over the title? Heng, also finance minister, said the data reflected “heightened uncertainties ... ( read original story ...)
Singapore’s Top Performing Stock Under Siege After Budweiser Shelves IPO
Thai Beverage PCL’s crown as top performer in Singapore this year is under siege after rival Anheuser-Busch InBev NV shelved the initial public offering of its Asian unit to raise up to $9.8 billion. ... ( read original story ...)
Wilmar’s proposed China IPO moves forward with subsidiary’s Shenzhen listing
Meanwhile, Wilmar has obtained approval from the Singapore Securities Exchange Trading (SGX-ST) for the restructuring and spin-off of YKA as part of the proposed IPO. ... ( read original story ...)
Keppel Capital, KBS File for $813M IPO of US REIT in Singapore
Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million Singapore IPO of a set of US commercial properties. according to a stock market ... ( read original story ...)
REIT IPOs lack institutional support and liquidity, say REITAS office bearers
Market observers have indicated that part of the problem stems from the way investment bankers market REIT IPOs. The Singapore Exchange saw two REIT IPOs in May with the listing of ARA US Hospitality ... ( read original story ...)
Regulatory, capital market reforms needed to revive Singapore’s stock market
Fundamental reforms to Singapore’s capital markets, pension system and how regulators interact with it are essential to revive our public equity market. A lack of reforms will inhibit its ... ( read original story ...)
Singapore cautions wealth managers against aggressively courting Hong Kong business
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity. Singapore has cautioned wealth managers against ... ( read original story ...)
Singapore’s Shock GDP Contraction Sends Warning for World Trade
(Bloomberg) -- An unexpected contraction in Singapore’s economy in the second quarter sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity. Gross ... ( read original story ...)
Bank of Singapore’s Hong Kong CEO on Developing a Greater China Proposition
Tan has been with Bank of Singapore since 2010 and since January 2018 leads the overall strategy to drive the bank’s presence in Greater China and North Asia, with a strategic focus on the ... ( read original story ...)
Deutsche Bank employees in Singapore face looming threat of retrenchment as German firm carries massive overhaul globally
Deutsche Bank’s employees in Singapore are currently on edge as the German multinational investment bank and financial services company embarks on its sweeping restructuring plan, which will impact ... ( read original story ...)
Deutsche Bank axes 18,000 staff around the world, including Sydney, New York and London offices
Will clients stick with us or is the game over?” said a Singapore banker who remains in his job. Deutsche Bank has been operating in Australia since 1973. In Australia, the bank provides services ... ( read original story ...)
Deutsche Bank careers end in an envelope, a hug and a cab ride
Deutsche Bank confirmed on Sunday that it was closing huge parts of ... Will clients stick with us or is the game over?” said a Singapore banker who remains in his job. ... ( read original story ...)