Tag: stock market

The chief of Singapore's central bank has indicated it will not regulate cryptocurrencies, but plans to stay watchful on the risks posed by the technology. In an interview with Bloomberg, Ravi Menon, managing director of Monetary Authority of Singapore ... ( read original story ...)

SINGAPORE--Oversea-Chinese Banking Corp. Ltd. reported Thursday a 12% rise on year in its third quarter net profit as higher interest rates helped income. Net profit in the July-to-September quarter was 1.06 billion Singapore dollars (US$779 million ... ( read original story ...)

Overseas-Chinese Banking Corp rose 0.1 percent, United Overseas Bank gained 0.2 percent and DBS Group Holdings added 0.3 percent. Shares in Singapore's second-largest lender Oversea-Chinese Banking Corp were sluggish after its nonperforming assets rose 15 ... ( read original story ...)

SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corp reported a 12 percent increase in quarterly net profit, boosted by growth in its insurance and wealth management businesses, but highlighted continued stress in the oil and gas ... ( read original story ...)

(RTTNews.com) - The Singapore stock market moved higher again on Wednesday, one session after it had snapped the seven-day winning streak in which it had advanced more than 65 points or 2 percent. The Straits Times Index now rests just beneath the 3,345 ... ( read original story ...)

Singapore doesn’t plan to regulate cryptocurrencies such as bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said. “As of now I see no basis for wanting to ... ( read original story ...)

Qoo10 is trying to build an ecosystem, and in doing so become the big ship in the rising e-commerce tide Amazon and Alibaba get the headlines; Lazada and RedMart are startup success stories; Shopee and Carousell are duking it out for dominance in the peer ... ( read original story ...)

Singapore doesn’t plan to regulate cryptocurrencies such as bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said. “As of now I see no basis for wanting to ... ( read original story ...)

Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth ... ( read original story ...)

MAS stuck to its neutral currency policy earlier this month Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. ( read original story ...)

Singapore’s Land Transport Authority (LTA) announced yesterday (Oct. 23) that it’s setting the new growth target for cars and motorcycles at 0%, replacing the present rate of 0.25%. The new target will come into effect from February next year. The body ... ( read original story ...)

Singapore is to freeze the number of cars and motorbikes on its cramped roads from next year. The city state – one of the most expensive places on the planet to buy a new car – only allowed a growth rate of 0.25% but that will be cut to zero from ... ( read original ...

Singapore is banning additional cars on its roads starting next February in an effort to curb over-congestion in the tiny city-state. Singapore’s Land Transport Authority (LTA) announced it would cut its permitted vehicle growth rate from 0.25% per year ... ( read original story ...)

SINGAPORE - International Enterprise (IE) Singapore has signed a memorandum of understanding (MOU) with the International Finance Corporation (IFC), part of the World Bank Group, to help more Singapore companies access in-depth market insights and ... ( read original story ...)

Shares of Sea, the Singapore-based internet and gaming company, began trading on October 20 on the NYSE. The company priced the IPO at $15, above the initial range of $12-$14, and ended up offering 60.3 million shares (20% above its original intention). ( read original story ...)

Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. The growth cap for all passenger cars and motorcycles will ... ( read original story ...)