Finance

Is S$1 Million Enough to Retire? Financial Habits Matter More Than a Fixed Figure 0
- Finance
- 03/11/2025
Smart Investments, CPF Life, and Flexibility Play a Bigger Role in Retirement Security With Singapore’s retirement age set to increase to 65 by 2030, financial planning has never been more crucial. Given rising life expectancy, ensuring a stable income beyond retirement is a key concern for many. Some aspire to continue working in some capacity
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HSBC Restructures Leadership in Asia Amid Cost-Cutting Drive 0
- Finance
- 02/26/2025
Bank Appoints New Regional Heads as CEO Georges Elhedery Pushes for Efficiency HSBC has unveiled a major leadership reshuffle across its Asian operations, assigning additional responsibilities to country heads as part of a broader strategy to reduce costs and simplify management layers. As part of the restructuring, Peter Kim in Korea and Tim Evans in
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Global Markets React as China Tech Stocks Fall and Central Banks Adjust Policies 0
- Finance
- 02/25/2025
Bank of Korea Signals Further Rate Cuts Amid US Tariff Concerns; Job Losses Mount Across Key Sectors Asian markets experienced a downturn on Tuesday as renewed US tariffs on Chinese technology firms weighed on investor sentiment. The Hang Seng Index fell by over one per cent, with major tech companies such as Alibaba and JD.com
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Enhanced Security Measures for Mobile Wallets by Singapore Banks 0
- Finance
- 02/17/2025
Additional Verification Required to Curb Rising Phishing Scams SINGAPORE – In response to an increase in phishing scams involving mobile wallets, Singapore’s major card-issuing banks are introducing enhanced security measures to protect customers. The Association of Banks in Singapore (ABS) announced on Monday (Feb 17) that these measures prevented losses of S$53.9 million in the
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Managing Investments Amidst Rising Trade Tensions 0
- Finance
- 02/03/2025
Experts advise diversification and risk management strategies as global trade uncertainty escalates with US tariffs. With President Donald Trump’s recent announcement of significant tariffs on goods from major trading partners such as Mexico, Canada, and China, global markets are once again in turmoil. The 25 per cent tariffs on imports from Mexico and Canada, and
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BlackRock Becomes Major Shareholder in Yangzijiang Shipbuilding 0
- Finance
- 01/08/2025
Asset manager increases its stake in the maritime company to over 5%, following recent share acquisition BlackRock, the world’s largest asset manager overseeing over $10 trillion in assets, has acquired a significant stake in Yangzijiang Shipbuilding, making it one of the company’s substantial shareholders. According to a filing by the shipbuilder on January 7, BlackRock
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