CAPBRIDGE, a private capital platform backed by the Singapore Exchange (SGX), has entered a strategic business partnership with Hana Financial Investment to expand in South Korea.
UBS has launched its Future of Finance Challenge competition for the Asia-Pacific region in Singapore, one of six cities around the world to invite innovators and fintechs to take part in the third edition of the Swiss bank's global challenge.
THE Sydney branch of United Overseas Bank (UOB) expects to issue its A$500 million (S$477 million) senior unsecured floating-rate notes due in 2022 on July 25, the lender said in a bourse filing late on Wednesday night.
FRASERS Property Limited has secured a A$750 million (S$715.2 million) term loan, comprising a A$500 million green loan tranche and a A$250 million five-year tranche, the real estate developer said on Wednesday morning. The A$500 million tranche is Singapore’s first green loan with a pricing structure linked to the BCA Green Mark, said the company.
BANK of Singapore is seeing a surge in interest from clients in discretionary portfolio management (DPM) - with a 40 per cent jump among its Singapore clients seeking out the service between 2016 and 2018.
THE International Monetary Fund (IMF) has reaffirmed Singapore's financial sector oversight to be "among the best globally", and described the country's economic fundamentals as strong, and its economic policies as sound.
UNITED Overseas Bank (UOB) has launched a new initiative to help more companies in Singapore hire people with disabilities.
ASSET markets rebounded strongly in the first half of 2019, following a poor 2018. Global equities led the way, rising more than 10 per cent, but bonds (particularly riskier bonds) also performed well. Oil has rallied and gold recently broke out into a six-year high.
IF RUBE GOLDBERG had been a portfolio manager, instead of a cartoonist renowned for designing comically complicated machines for accomplishing simple tasks, he might have specialised in long-short equity funds.
FIDELITY International on Tuesday said it promoted Tan Jenn-Hui as its global head of stewardship and sustainable investing, reporting to Paras Anand, head of asset management, Asia-Pacific.
ALTERNATIVE investment firm Varde Partners has named Ilfryn Carstairs as co-chief executive officer (CEO), effective Jan 1, 2020.
THE International Monetary Fund (IMF) has reaffirmed Singapore’s financial sector oversight to be “among the best globally”, while adding that the country's economic fundamentals are strong and its economic policies sound.
SENIOR Minister Tharman Shanmugaratnam, chairman of the Monetary Authority of Singapore (MAS), is right to hail new virtual bank licences expected to be granted later this year as the next chapter in Singapore's banking liberalisation journey. He also has good reason to be confident in the ability of local banks to compete with future digital upstarts.
THE majority of working adults in Singapore are financially unprepared for retirement, with one in three saying that they do not invest and see investing as a form of gambling.
BUILDING on measures implemented in November last year, the Ministry of Law (MinLaw) has further tightened caps on loans to foreigners and low-income foreigners in particular.
SENIOR Minister Tharman Shanmugaratnam, chairman of the Monetary Authority of Singapore (MAS), is right to hail new virtual bank licences expected to be granted later this year as the next chapter in Singapore's banking liberalisation journey. He also has good reason to be confident in the ability of local banks to compete with future digital upstarts.
MAYBANK has demanded payment of another S$33.6 million from Tuaspring, the subsidiary of the debt-ridden water treatment company Hyflux.
ABOUT one-third of Singaporeans do not invest and see investing as a form of gambling, even as the majority of respondents were found to be financially unprepared for retirement.
E-WALLET operators in Singapore are eyeing a future as a digital bank as opportunities in the business-to-business space come to the fore.
ECONOMIC pundits are concerned that Christine Lagarde's appointment as the new European Central Bank (ECB) chief will accelerate competitive devaluations of the euro, yen and other currencies against the US dollar.
