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Tag: stock market

Posted on 12/11/2018

Singapore’s Central Bank, Stock Exchange Settle Tokenised Assets on a Blockchain

In a blockchain breakthrough, Singapore’s central bank and the country’s primary stock exchange have successfully developed an automated method for rapid settlements of tokenized assets. ( read original story ...)

Posted on 12/11/2018

DBS Bank gets 60% revenue from digital customers: India MD Alfian Sharifuddin

Singapore-government backed DBS Bank was awarded the best digital bank award by business and finance magazine Euromoney in 2016 and is considered one of the world's best banks. The $10-billion bank ha... ( read original story ...)

Posted on 12/11/2018

Singapore central bank chief warns of risks to data localisation measures

SINGAPORE (Reuters) - Concerted moves by countries to force companies to store data locally poses a risk to the growth of the digital economy, Singapore's central bank chief said on Monday. "We need m... ( read original story ...)

Posted on 12/11/2018

Singapore Exchange Limited’s Stock Is Down 16% From Its 52-Week High: Is It A Good Business?

Singapore Exchange Limited (SGX: S68), or SGX for short, is the only stock exchange in Singapore. At the share price of S$7.18 (at the time of writing), the company’s stock is trading 16% lower than i... ( read original story ...)

Posted on 12/11/2018

Chart of the Day: Singapore bank NIMs set to widen to 1.98% in 2020

However, this is still lower than the 2008 average. Singapore banks' net interest margin, a common measure of profitability, is poised to continue widening to settle at 1.98% in 2020 although at a mar... ( read original story ...)

Posted on 10/11/2018

Singapore central bank files police report on 1MDB related article

SINGAPORE: The Monetary Authority of Singapore (MAS) has filed a report with the Singapore Police Force against the author of an article published on www.statestimesreview.com on Nov 5, 2018, which ma... ( read original story ...)

Posted on 09/11/2018

Singapore central bank files police report on 1MDB article

SINGAPORE (Bernama): The Monetary Authority of Singapore has filed a report with the Singapore Police Force against the author of an article published on www.statestimesreview.com on Nov 5, 2018, whic... ( read original story ...)

Posted on 09/11/2018

Butterfly effect: Low EU river stirs fuel market 10,000 km away in Singapore

SINGAPORE (Reuters) - Low water levels on the Rhine river have caused a fuel supply deficit in parts of Europe's industrial heartlands that is sucking up cargoes from more than 10,000 km away in Singa... ( read original story ...)

Posted on 09/11/2018

Singapore Stock Market May Spin Its Wheels On Friday

(RTTNews.com) - The Singapore stock market has finished higher in two straight sessions, advancing almost 30 points or 1 percent along the way. The Straits Times Index now rests just beneath the 3,095 ... ( read original story ...)

Posted on 09/11/2018

Singapore assessing 2019 forecasts amidst escalating trade spat: Finance minister

Singapore has already witnessed a slash in business investments amidst the looming trade wars. Finance minister Heng Swee Keat thinks that Singapore may have to look out on its economic growth project... ( read original story ...)

Posted on 08/11/2018

Singapore office sector weathers slumping stock markets better than Hong Kong

Rents can climb further at an estimated 8% in 2019. Singapore’s office sector is expected to maintain its positive momentum even against increasingly volatile stock market conditions as it outperforms ... ( read original story ...)

Posted on 08/11/2018

MAS, Bank Indonesia set up US$10 billion bilateral financial arrangement

It will enable the two sides to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability, said the Monetary Authority of Singapore (MAS) and Bank Indo... ( read original story ...)

Posted on 08/11/2018

UPDATED: River Ryan man alleged to have robbed Singapore bank, appealing extradition decision

RIVER RYAN, N.S. — A River Ryan man ordered extradited to Singapore to face bank robbery charges is appealing the decision. Officials with the Westminster Queen’s Court in England said David James Roa... ( read original story ...)

Posted on 08/11/2018

Singapore banks expect slower loan growth in 2019 due to trade row

Singapore-based DBS Group Holdings, and Oversea-Chinese Banking Corp.-- the two of the top three banks in the region -- signalled more difficult times ahead but voiced confidence in their ability ... ( read original story ...)

Posted on 08/11/2018

Singapore sets up first commercial cyber risk insurance pool as regional threats grow

The pool, which will allow companies in Asean and Asia to be protected against cyber-related losses, was created with the Singapore Reinsurers’ Association and cyber specialist Peter Hacker, Minister ... ( read original story ...)

Posted on 08/11/2018

DBS Bank wins Global, Asia ‘Bank of the Year’ titles at Global SME Finance Awards

SINGAPORE (Nov 7): DBS Bank has emerged from over 100 international competitors to win ‘Bank of the Year’ titles for both Global and Asia categories at the inaugural Global SME Finance Awards, where t... ( read original story ...)

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