THE 10-year average return for the August issue of the Singapore Savings Bond (SSB) has climbed to 3 per cent – the highest level recorded since its inception in October 2015.
RISING interest rates make fixed income products more enticing than they have been in years. But although rates on some fixed deposit products have nearly doubled in the last 2 months, the yields from Singapore Savings Bonds (SSBs) are proving hard to resist.
THE Monetary Authority of Singapore (MAS) has reprimanded Three Arrows Capital (3AC) for providing false information and exceeding the assets under management (AUM) threshold allowed for a registered fund management company.
A young shaggy-haired American man called Sam Bankman-Fried is attempting to do what the late John Pierpoint Morgan did back in 1907, and save an entire financial system. Only this time, it’s the cryptocurrency world, not Wall Street banking.
STAY-AT-HOME parents, fresh graduates and mid-career switchers are among the pool of labour AIA Singapore is looking to tap on, under its new employment scheme launched on Thursday (Jun 30).
DBS has just raised its rates on all home loan packages to 2.75 per cent per annum, according to checks by The Straits Times on Tuesday (Jun 28) night, placing it the highest among the trio of local banks.
THE 10-year average return for the July issue of Singapore Savings’ Bond (SSB) soared to one of its highest at 2.71 per cent, just a few basis points short of its last peak in November 2015.
THE 10-year average return for the July issue of Singapore Savings’ Bond (SSB) soared to one of its highest at 2.71 per cent, just a few basis points short of its last peak in November 2015.
