As most of us know, interest rates and stock market valuations should be inversely related, meaning as interest rates rise, stocks, in theory, should depreciate. In Singapore, interest rates have also risen in the past few years, starting from just 0.25% ... ( read original story ...)
DBS launches largest banking API developer platform
DBS Bank has launched the world’s largest banking application ... It revealed that there are 155 APIs at launch for Singapore across over 20 categories such as rewards, real-time payments, PayLah! and fund transfers. “More categories will be added ... ( read original story ...)
Singapore police examine Goldman’s role in 1MDB deals: Bloomberg
Singapore's economic crime unit and city prosecutors have interviewed current and former Goldman Sachs executives who worked on bond offerings from 1Malaysia Development Bhd, Bloomberg reported. 1MDB, founded by Malaysian Prime Minister Najib Razak ... ( read original story ...)
COMMENT: Singapore’s Brexit fallout bid shows true fighting spirit
It’s also promising the use of distributed ledgers for interbank payments and trade finance. Singapore hopes these innovations will form the bedrock for its many ambitions. The city-state wants to be everything from a capital-raising hub to Asia’s ... ( read original story ...)
The Stock Market Creates Billionaires
Jeff Bezos brought Amazon.com to the stock market in 1997, and the company was valued at slightly ... to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of Amazon.com. ( read original story ...)
10 Biggest Stock Exchanges In The World: Here’s How Much They’ve Gained In 2017
including Singapore’s SGX. Here’s a look at the top 10 stock exchanges in the world and how they’ve fared so far in 2017. At a market capitalisation of over US$30 trillion a nd with over 2,400 companies listed on its board, the NYSE represents nearly ... ( read original story ...)
Asian Markets Mostly Lower as Market Waits Next Fed Leader
SEOUL, South Korea — Asian stock markets were mostly lower on Thursday ... to assess future monetary policy shifts," said Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "Current Fed governor Jerome Power is believed to be the most ... ( read original story ...)
Trendlines incubator raises $10.3m in Singapore offering
The Trendlines Ltd. (SI:42T) incubator has announced that it raised $10.3 million on the Singapore stock exchange. The company's existing ... a 13% discount on the market price on the day of the offering. Despite the discount, the company's share rose ... ( read original story ...)
Tencent’s 2,636 per cent rally in a decade explains why Asia’s stock boom is different this time around
Tencent, which added more than US$400 billion of market value over the past decade, has been one of the largest beneficiaries of China’s shift. While the Shenzhen-based firm still earns a big chunk of its profits from online games, much of the stock’s ... ( read original story ...)
The Case Of PetroChina, The Worst Stock Slump Ever
By dollar amount at least, the loss of $800 billion of market value represents the ... But investors hoping for a rebound in PetroChina's stock may want to reconsider, at least according to Toshihiko Takamoto, a Singapore-based money manager. ( read original story ...)
Asian markets mixed as market await next Fed leader
SEOUL, South Korea (AP) -- Asian stock markets were mixed on Thursday as investors ... assess future monetary policy shifts," said Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "Current Fed governor Jerome Power is believed to be the ... ( read original story ...)
SE Asia Stocks-Indonesia hits record high; Singapore drops 1 pct
For Asian Companies click; SOUTHEAST ASIAN STOCK MARKETS AS AT 0421 GMT Market Current Previous Pct Move close Singapore 3365.75 3391.61 -0.76 Bangkok 1713.07 1714.55 -0.09 Manila 8506.59 8365.26 1.69 Jakarta 6081.47 6038.146 0.72 Kuala Lumpur 1740.25 1743 ... ( read original story ...)
The one thing stopping bankers in Hong Kong and Singapore from getting new jobs
“This problem happens all in the time in Asia,” says Clarence Law, a Singapore-based business advisor in private banking. “It would be a miracle if I got through a year without seeing several cases of last-minute candidate withdrawals from job offers ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to S$6.2b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
Razer to IPO in Hong Kong on Nov 13; gaming tech firm could be valued at up to US$4.55b
SINGAPORE - Gaming tech firm Razer is seeking to raise up to US$545 million (S$743 million) through an initial public offering (IPO) in Hong Kong that could value the company at up to US$4.55 billion. Razer, which is on a roadshow until Nov 6, has ... ( read original story ...)
DBS to re-skill 1,500 bank staff in its own professional conversion programme
SINGAPORE - In a move to help employees sharpen their competitiveness and deepen their skillset, DBS Bank will proactively re-skill 1,500 employees over the next 18 months under a scheme known as Professional Conversion Programme (DBS PCP). Extolling this ... ( read original story ...)