WOMEN represent the world's largest and fastest growing market, controlling over 40 per cent of global wealth - or US$216 trillion - and earning US$24 trillion annually.
UOB announced after trading hours on Tuesday that its Sydney branch intends to issue A$750 million in floating rate notes due in October 2025 with a coupon of the three-month bank bill swap reference rate plus 0.59 per cent per annum payable quarterly in arrear.
OCBC on Tuesday said it has extended a three-year S$100 million corporate loan referencing the Singapore Overnight Rate Average (SORA) to Sembcorp Financial Services, a wholly-owned subsidiary of Sembcorp Industries (SCI).
FINANCE company Singapura Finance is investing US$3 million in MatchMove PowerBank (S) Pte Ltd (Power-Bank), a wholly owned subsidiary of homegrown digital payments start-up, MatchMove Pay.
MAYBANK Kim Eng (MKE) has maintained its negative outlook on Singapore banks for the third quarter this year, saying it expects net interest margins (NIMs) to remain weak ahead of Q3 trading updates by the trio of local lenders in early November.
Lufax may struggle to stand out in a small but influential group. It is the third Chinese financial technology company to seek new investors in a short span. Initial public offering (IPO) candidates generally try to avoid such direct competition, especially when one of them is...
FINANCE company Singapura Finance is investing US$3 million in MatchMove PowerBank (S) Pte Ltd (PowerBank), a wholly-owned subsidiary of homegrown digital payments startup, MatchMove Pay.
SINGAPORE'S reputation as a trusted commodity trade financing hub has taken a hit of late, with the industry rocked by the recent spate of high-profile fraud scandals the likes of Hin Leong and Zenrock, said industry watchers.
WITH the commodity-trade finance business rocked by scandals and structural issues such as falling prices and regulatory pressures on profits, industry watchers are certain that this age-old business is due for reckoning.
DBS is launching a new tranche of a structured product with an ESG (environmental, social and governance) theme.