Tag: stock market

The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,560-point plateau although it ... ( read original story ...)

The bank’s business in Asia, however, remains key to the lender’s global success, Sewing told a company town hall meeting in Singapore on Monday, according to a Hong Kong-based spokeswoman for the bank. “We can only be relevant to our clients if we ... ( read original story ...)

SINGAPORE - Singapore regulators and the banking industry launched on Monday (May 14) two best practice papers to better prevent money laundering and terrorism financing, in the wake of the 1MDB scandal that hit the city-state and amid the increasing ... ( read original story ...)

With banks in Singapore doing tremendously well financially in 2017, plus bank stocks up more than 50% on average over the last one-year period, the spotlight was firmly on them as they released their first quarter results for 2018. In this article ... ( read original story ...)

Deutsche Bank AG’s chief executive officer told employees in Asia ... Christian Sewing made the assurances at a townhall meeting in Singapore, the people said, asking not to be identified as the speech was private. During a separate investor forum ... ( read original story ...)

However, the Consensus: Singapore event marks a pivotal moment for the series ... and extensive reach into multiple vertical markets including finance and technology, with CoinDesk’s great brand and community reach, create the ideal combination to ... ( read original story ...)

HSBC Singapore announced on Monday it was joining forces with ING and agrifood group Cargill to conduct what it claims to be the first live, commercial trade finance transaction on R3’s blockchain platform, Corda. According to HSBC Singapore, the ... ( read original story ...)

M17 Entertainment, the parent company of Singapore-based dating app Paktor, hopes to raise up to US$115 million in a US initial public offering (IPO). However, with the dating app only forming a small part of its income, M17 is banking on live-streamed ... ( read original story ...)

According to a securities and exchange commission filing, Paktor, along with its parent company and subsidiaries (collectively called M17 Entertainment), is eyeing for an initial public offering on the New Year Stock Exchange. Filed on the 11th of May, M17 ... ( read original story ...)

Deutsche Bank AG’s new chief executive officer pledged to keep the ... continue to be strong in Asia," CEO Christian Sewing said Monday at an investor forum in Singapore on his first visit to the region since taking the job last month. ( read original story ...)

The Singapore stock market bounced higher again on Friday, one session after it had halted the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,570-point plateau and it's ... ( read original story ...)

“Singapore will have to adapt to new personalities in Malaysia ... strengthen and deepen the bilateral relationship,” Lee said. Mahathir’s pick for finance minister, Lim Guan Eng, said at a weekend briefing the government wanted to review all ... ( read original story ...)

BANDAR SERI BEGAWAN - Financial cooperation between Singapore and Brunei received a boost on Saturday (May 12) with the signing of two new agreements. The signings of the agreements - a memorandum of understanding (MOU) to exchange information related to ... ( read original story ...)

Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board ... the high-speed rail to connect the capital Kuala Lumpur with Singapore. “We want to review all contracts that are not in favor or do not ... ( read original story ...)

As finance minister, Lim will be expected to oversee the new ... so that the government can still maintain fiscal discipline," said Hasan Jafri, who heads Singapore-based business consultancy HJ Advisory. But he added: "He will have to work quickly to ... ( read original story ...)

Kevin Falcon played a key role in the Liberal cabinet as B.C.'s finance minister. After his resignation ... I kept raising in the different markets I was in, particularly in Singapore, Hong Kong and China, was trying to get an understanding of what ... ( read original story ...)