Singapore finance news

Here are some recent Singapore finance news articles:

Economy

  1. Singapore's economy grows 0.6% in Q2, beats expectations (The Straits Times, August 2022) - Singapore's economy expanded 0.6% in the second quarter, beating expectations and marking a rebound from a contraction in the previous quarter.
  2. Singapore's GDP growth to slow to 2.5% in 2022, says DBS (The Business Times, August 2022) - DBS Group Holdings has cut its forecast for Singapore's GDP growth this year to 2.5%, citing global headwinds and supply chain disruptions.

Markets

  1. Singapore stocks rise as investors shrug off global concerns (The Straits Times, August 2022) - The Singapore stock market rose on Monday, shrugging off global concerns over inflation and interest rates.
  2. Singapore's STI falls 1.1% as investors take profits (The Business Times, August 2022) - The Straits Times Index fell 1.1% on Tuesday, as investors took profits after a recent rally.

Banks

  1. OCBC's Q2 profit rises 14% to S$1.34 billion (The Business Times, August 2022) - OCBC Bank's second-quarter profit rose 14% to S$1.34 billion, driven by higher net interest income and lower provisions for bad loans.
  2. DBS's Q2 profit falls 12% to S$1.43 billion (The Straits Times, August 2022) - DBS Group Holdings' second-quarter profit fell 12% to S$1.43 billion, due to higher provisions for bad loans and lower trading income.

Fintech

  1. Singapore's fintech sector sees 15% growth in 2021, says report (The Business Times, August 2022) - Singapore's fintech sector saw a 15% growth in 2021, driven by the adoption of digital payments and lending platforms, according to a report by Accenture.
  2. Grab to launch digital bank in Singapore in 2023 (The Straits Times, August 2022) - Grab Holdings is set to launch its digital bank in Singapore in 2023, marking a major milestone for the ride-hailing giant's foray into financial services.

Regulation

  1. MAS proposes new rules to curb excessive leverage in derivatives trading (The Business Times, August 2022) - The Monetary Authority of Singapore (MAS) has proposed new rules to curb excessive leverage in derivatives trading, aimed at reducing systemic risk and protecting investors.
  2. Singapore to introduce new tax on digital services (The Straits Times, August 2022) - Singapore is set to introduce a new tax on digital services, such as online advertising and e-commerce, to raise revenue and reduce the country's reliance on traditional taxes.

These are just a few examples of recent Singapore finance news articles. If you're looking for more information, I can try to provide you with a more comprehensive list or help you find specific articles on a particular topic.