USD 800 million for Yinson Production’s growth in the FPSO (Floating Production Storage and Offloading) market.
Category: Money and Investment
Money and Investment
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Singapore Fund Managers Expect Soft Landing Amidst GeopoliticalRisks Clouding 2025 Outlook
When asked about the top three threats to the growth of Singapore’s asset management industry over the next 12 months, fund managers identified accelerated flows to passive solutions, further margin erosion, and shifting investor preferences as their key concerns.
Money and Investment
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MAS Expected to Maintain Policy in October, Potential Easing in 2025
Maybank analysis anticipates inflation relief and steadying economy to guide future policy shifts
Money and Investment
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ASEAN Market Activity Rises Amid Fed Rate Cut Speculations; Singapore Stocks Show Mixed Outlook
Corporate activity in ASEAN is rising as investors anticipate potential Fed rate cuts. China’s economic…
Money and Investment
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Singapore Dollar Hits 2024 High Amid Tighter Policy Expectations
The Singapore dollar hit a 2024 high, supported by tighter local monetary policy, while expectations of Fed rate cuts weaken the U.S. dollar.
Money and Investment
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Surge in Loan Applications Among Middle-Aged Singaporeans
The increase in loan applications among middle-aged individuals correlates with heightened living costs, including household spending and medical expenses.
Economy
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JPMorgan’s Jamie Dimon: Do not overreact too much about market fluctuations
Jamie Dimon downplays market volatility and potential Fed rate cuts, suggesting their impact is overstated and primarily psychological
Money and Investment
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SGX Reports FY2024 Earnings and Dividend Increase
SGX FY2024 Highlights: Net profit rose 4.5% to $525.9M; proposed dividend up 5.9%. Growth in FICC and commodities
Company
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OKX Wallet Now Integrated with Taiko Hekla
Users of OKX Wallet can now seamlessly access Taiko Hekla’s solutions – such as its Bridge and Faucet – via web extension.