HSBC Private Banking names market heads for Singapore, Malaysia

12 Aug 2020 - Singapore Business Review
Both are based in the Lion City. HSBC Private Banking has appointed two new market heads for Singapore and Malaysia respectively, according to an announcement. Ken Ng will assume the market head role for Singapore whilst Gary Goh will take on for Malaysia, effectively immediately. Both will be based ...

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Chart of the Week: Malaysia's card payments to reach $52.4b in 2020

29 Sep 2020 - Singapore Business Review
Credit, debit card payments account for 36.8% of the country’s total e-commerce value. Card payments in Malaysia is forecasted to reach $52.4b (MYR214.4b) in 2020 as card payments at point-of-sale (POS) terminals continue to rise amidst social distancing measures in place, reports data and analytics ...

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Check out the winners in the second Malaysia International Business Awards

17 Sep 2020 - Singapore Business Review
The awards were handed via digital and studio awards presentations. The most outstanding international companies and startups were recognised at the Malaysia International Business Awards 2020 via awards presentations held throughout the month of September. The awards programme aims to honour the most ...

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Singapore shares lack mojo but find some hope in PM Lee's address

2 Sep 2020 - The Business Times
SINGAPORE shares ended a tad firmer, but upside was capped by analysts' warnings that the high market valuations inspired by the technology rally in the US may lead to profit-taking. Investors were mostly sidelined ahead of the US Fed's publication of its Beige Book report on the state of the economic ...
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Stocks to watch: Sembcorp, SK Jewellery, SGX, Raffles Education, Genting

2 Sep 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: Sembcorp Industries: The mainboard-listed firm is divesting its 32 per cent stake in joint venture company Shenzhen Chiwan Sembawang Engineering to Chixiao Enterprise, for a gross consideration of 150 million ...
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Singapore shares rise at open tracking Wall Street gains; STI up 0.2%

2 Sep 2020 - The Business Times
SINGAPORE stocks opened higher on Wednesday tracking rallies on Wall Street and the Tokyo markets. Singapore's Straits Times Index (STI) rose 0.2 per cent or 4.21 points to 2,542.76 as at 9.05am. Gainers outnumbered losers 115 to 43 after 180.8 million securities worth S$44.5 million changed hands. The ...
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Daily Markets Briefing: STI up 0.24%

2 Sep 2020 - Singapore Business Review
Medtecs International led the gains amongst top active stocks with a 1.97% expansion. The Straits Times Index ended 6.04 or 0.24% higher at 2,538.55. The top active stocks were Medtecs International, which grew 1.97%, DBS, which remained flat, Singtel which remained unchanged, UOB, which rose 0.26% and ...
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Singapore shares lacklustre save some medical-related ones

1 Sep 2020 - The Business Times
SINGAPORE shares continued to drift on Tuesday even as the Nasdaq defied gravity. Geopolitical tensions between the US and China, however, continue to weigh on sentiment. Margaret Yang, DailyFX strategist, said that while the overall trend for the Nasdaq remains bullish, the fear gauge or VIX has spiked ...
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Singapore stocks open lower on Tuesday; STI down 0.5%

1 Sep 2020 - The Business Times
SINGAPORE shares opened lower on Tuesday, amid a largely weaker set of second-quarter results from corporates, and concerns over growing protectionist calls in the Republic. On Monday, Member of Parliament Patrick Tay called for the minimum qualifying salary for Employment Pass holders in the infocomm ...
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Daily Markets Briefing: STI down 0.28%

1 Sep 2020 - Singapore Business Review
Wilmar International saw the sharpest decline amongst top active stocks with a 2.02% contraction. The Straits Times Index ended 7.12 or 0.28% lower at 2,532.51. The top active stocks were Medtecs International, which remained flat, DBS, which rose 0.53%, JMH USD, which slipped 0.05%, Wilmar International, ...
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