Featured Archives • Page 959 of 1188 • Financial News

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Some DBS users, GrabFood riders hit by glitches in their apps

SOME DBS customers who attempted to log into the bank's digibank app on Tuesday evening were met with an error message notifying them of technical difficulties.

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Maybank predicts U-shaped recovery for Asean, with bumpy road to herd immunity

POST-Covid-19 recovery will be "more U-shaped than V for most of Asean", with real GDP returning to pre-pandemic levels only in early 2022, says a Maybank Kim Eng (Maybank) report.

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Singapore is important hub for Citi, says incoming CEO Jane Fraser

SINGAPORE remains an important hub for Citigroup, with the major US bank to open the world's largest wealth advisory hub in the Republic this month, said the incoming global chief executive officer of Citi, Jane Fraser.

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PayNow and Thailand’s PromptPay to link up next year in trailblazing move

FROM mid-2021, users of Singapore's PayNow and Thailand's equivalent PromptPay will be able to send money instantly and securely across the two countries with their mobile phone numbers at "competitive rates", said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).

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MAS awards qualifying full bank licence to China Construction Bank

THE Monetary Authority of Singapore (MAS) has awarded a qualifying full bank licence to China Construction Bank, under the China-Singapore Free Trade Agreement Upgrade Protocol, it said on Tuesday.

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Moody’s upgrades Geo Energy after near-term refinancing risk removed

MOODY'S Investors Service has upgraded the corporate family rating of Geo Energy Resources to Caa1, from Caa3 previously.

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Pandemic, though terrible, helped push digital financial revolution: Bill Gates

THE Covid-19 pandemic is supercharging the digital revolution and presenting regulators with an opportunity to narrow financial inequities in their countries, said Bill Gates.

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US$27.7m Women’s Livelihood Bond 3 to list on SGX

SINGAPORE-BASED capital firm Impact Investment Exchange (IIX) has priced its US$27.7 million, four-year Women's Livelihood Bond 3 (WLB3) at 3.95 per cent, a company spokesperson told The Business Times (BT) on Tuesday.

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Suntec Reit trustee signs S$900m facility agreement

THE trustee of Suntec Real Estate Investment Trust (Suntec Reit) has entered into a S$900 million facility agreement with various banks.

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CapitaLand Integrated Commercial Trust sells S$250m of 2.15% notes

A SUBSIDIARY of CapitaLand Integrated Commercial Trust (CICT) has issued S$250 million of 12-year notes with a 2.15 per cent coupon rate.

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