UNITED Overseas Bank (UOB), DBS Bank and Standard Chartered Bank (Singapore) have teamed up to extend a S$945 million green loan to Allianz Real Estate and Hong Kong private equity firm Gaw Capital Partners.
WITH around 15 per cent of the global bond market negative yielding, strategists on the hunt for yield have set their sights on capturing Asia's improving economic momentum in 2020.
DESPITE subdued global currency markets, trading activity in foreign exchange (FX) futures on the Singapore Exchange (SGX) grew to US$110 billion in November, up 12.5 per cent month-on-month and 9 per cent year-on-year.
AS EXPECTED, sterling rallied strongly against the Singapore dollar as it did with the greenback following the huge Conservative victory in the UK general election on Thursday.
DESPITE subdued global currency markets, trading activity in foreign exchange (FX) futures on the Singapore Exchange (SGX) grew to US$110 billion in November, up 12.5 per cent month on month and 9 per cent year on year.
RAZER is still mulling over applying for a Singapore digital banking licence but if it proceeds to meet the Dec 31 deadline, the gaming lifestyle brand will be gunning for one of two retail licences on offer.
CT Bright Investment (CTBI) is no longer allowed to continue its fund management business in Singapore after the Monetary Authority of Singapore (MAS) revoked its capital markets services licence with effect from Dec 9.
STANDARD Chartered and PT Astra International Tbk are selling their 44.56 per cent stake each in Indonesia's Bank Permata to Bangkok Bank for approximately US$2.6 billion in an all-cash deal.
CT Bright Investment (CTBI) is no longer allowed to continue its fund management business in Singapore after the Monetary Authority of Singapore (MAS) revoked its capital markets services licence with effect from Dec 9.
