(RTTNews.com) - The Singapore stock market has closed higher in two straight sessions, advancing more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,335-point plateau and it may add to its winnings on Thursday. ( read original story ...)
Bank earnings off to ‘positive start’ in this financial hub
Banking stocks in one of the world's top financial hubs rallied on Thursday after its second-largest lender reported quarterly earnings that handily beat estimates. Singapore's Oversea-Chinese Banking Corp (OCBC), kicking off results season for the city ... ( read original story ...)
Investment banking in Singapore is awful. I wish I were working for a start-up
I’ve worked in Singapore investment banking for 14 years, but I think the sector is well past its prime. http://news.efinancialcareers.com/sg-en/255615/mistakes-made-by-bankers-in-asia/ For many fresh graduates in Singapore, investment banking still ... ( read original story ...)
Rich Singapore Investors Stuck as Bond Restructuring Drags
Keith Kueh was expecting Pacific Andes Resources Development Ltd. to pay back the company’s bonds last year so he could finance his son’s college bill and his own retirement. Now it’s 18 months after the Singapore-listed fishing company didn’t ... ( read original story ...)
Rich Singapore investors stuck as local bond restructuring drags
SINGAPORE — Mr Keith Kueh was expecting Pacific Andes Resources Development Ltd to pay back the company’s bonds last year so he could finance his son’s college bill and his own retirement. Now it’s 18 months after the Singapore-listed fishing ... ( read original story ...)
Cheat Sheet: What Are The Common Investment Products in Singapore?
Examples: Singapore Savings Bonds, US 30 Year Treasury Bonds ... In the meantime, you can either join our personal finance Facebook group where we discuss beginner’s questions and basic financial literacy or you can read more about our Seedly Money ... ( read original story ...)
Let’s copy Singapore, or at least the best part of its approach to fintech
Hong Kong should take a closer look at Singapore and the success it has had in attracting peer-to-peer lender Lufax. Unlike Hong Kong’s multi-layered regulatory structure, Singapore has set up its fintech regulatory oversight in a much simpler approach ... ( read original story ...)
3 Things You Need to Know About the Singapore Stock Market Today
Great Tuesday evening! Here are three things about the local stock market and investing in general that you might be interested in today. Also, like us on Facebook to follow our latest hot articles. The information provided is for general information ... ( read original story ...)
Singapore Market Tipped To Remain Rangebound
(RTTNews.com) - The Singapore stock market has finished lower in two of three trading days since the end of the five-day winning streak in which it had advanced almost 120 points or 3.6 percent. The Straits Times Index now rests just above the 3,310-point ... ( read original story ...)
Nine ways to stop your job being offshored out of Singapore or Hong Kong
Nervous that your banking job will soon be heading to India? Here’s how to stay employed in Singapore or Hong Kong. http://news.efinancialcareers.com/sg-en/289689/trends-singapore-banking-jobs/ Global banks continue to shift back-office and tech-support ... ( read original story ...)
Half-Time Report: How Are The IPOs In Singapore In 2017 Faring?
In this week alone, there were two new IPOs to the Singapore market, namely NetLink NBM Trust and Union Gas Holdings. This brings the total number of IPOs as of 21 July 2017 to 12. All of these IPOs marked their entrance on the market with an opening price ... ( read original story ...)
UPDATE 2-Singtel’s NetLink makes tepid debut; more Singapore IPOs in pipeline
SINGAPORE, July 19 (Reuters) - NetLink NBN Trust units closed steady at their offer price on Wednesday, although analysts said the muted debut was not a surprise given the large size of the listing and that the outlook for Singapore's IPO market remained ... ( read original story ...)
Traders Rejoice: Lunch Break Is Returning to Singapore’s Stock Market
Traders in Singapore soon won’t have to worry about being chained to their desks for lunch. Singapore Exchange, known as SGX, said earlier this week that it will reinstate a daily one-hour lunch break, in which trading will stop from noon to 1 p.m. local ... ( read original story ...)
Singapore Stock Market May Extend Winning Streak
The winning streak has hit five sessions now for the Singapore stock market, which has advanced almost 120 points or 3.6 percent along the way. The Straits Times Index now rests just above the 3,325-point plateau and the market is looking at another green ... ( read original story ...)
Biggest IPO in six years, NetLink debuts on SGX
The company, which owns the fibre network that is the foundation of Singapore’s next generation nationwide broadband network, is the broadband unit of telecom company Singtel. The initial public offering (IPO) was two times subscribed with S$4.7 billion ... ( read original story ...)
Indonesia’s Bank Mandiri makes private banking push in Singapore
JAKARTA (Reuters) - Indonesia's largest bank by assets, PT Bank Mandiri Tbk (BMRI.JK), plans to open a full branch in Singapore as it makes a push into private banking in the city-state by targeting freshly declared wealth under Indonesia's tax amnesty scheme. ( read original story ...)