GREAT Eastern Holdings on Wednesday said that Great Eastern Life Assurance Company will be redeeming early all S$400 million of 4.6 per cent subordinated notes due 2026 but callable in 2021.
FINANCIAL services firm GoBear on Tuesday announced that it will close the business after six years due to its inability to raise more funds to continue operations amid the global pandemic.
IT'S safe to say that 2020 was an awful year for the Singapore banks. However, as we transit to a post-vaccine world, the long-awaited comeback of these cyclicals may finally be here. Despite the run-up in share prices over the past two months, we still find Singapore's banking...
THE issuing limits for government securities and treasury bills have been raised to meet Central Provident Fund (CPF) needs and cater to growing investor demand, with Parliament voting to authorise this on Tuesday.
FINANCIAL services firm GoBear on Tuesday announced that it will close the business due to its inability to "raise more funds to continue operations" amid the global pandemic.
The future of Ant Group remains up in the air after its dramatic fall from grace. Regulators seem to have stopped short of dismantling it and the company is considering a transition to a financial holding company, willing to be regulated like a bank. It'll be tough....
CGS-CIMB has reiterated its "overweight" call on Singapore's banking sector in anticipation of a pickup in business activity and credit growth in 2021.
OCBC will again cut rates on its flagship savings account, marking its fourth round of revisions since May last year.
CGS-CIMB has reiterated its "overweight" call on Singapore's banking sector in anticipation of a pickup in business activity and credit growth in 2021.
FOLLOWING its inception in 1999, the euro fell below parity against the US dollar. Between 2000 and 2002, EURUSD attempted to rebound off its lows from the 0.8500 region but failed to clear above 0.9500.












