Investments

Markets are down, time to trade?

2022 has undoubtedly been a tough year for equity markets with global indices such as the S&P 500 down approximately 18% year to date. A falling market can present interesting situations to different investors, and some would now see the glass as half-full. For instance, they may view cheaper valuations as a safety net that offers a larger margin for error. For investors who are thinking of starting their trading journey now, they can consider exploring with OCBC Securities. A

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Investments

MAS Says Dealing in Any Cryptocurrency is Hazardous

To clarify some questions and misconceptions surrounding the collapse of FTX.com, the Monetary Authority of Singapore (MAS) has recently issued a statement. The Bahamas-based crypto exchange company filed for bankruptcy in the US on Nov 11, 2022 and is said to owe about US$3.1 billion (S$4.26 billion) to its top fifty creditors. Its short reign started last 2019. In the statement released by MAS last Nov 21, MAS highlighted three key points. #1: IT IS NOT POSSIBLE TO PROTECT LOCAL

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Investments

Costly Investing Mistakes to Avoid in 2022

All of us will likely end up making an investment decision that we will regret in the future. Despite how calculated your moves are, no investor is perfect. However, there are some errors that people have made in the past that you can learn from and avoid. On that note, here are five critical investing mistakes to avoid at all costs. #1: INVESTING WITHOUT ESTABLISHING AN EMERGENCY FUND Having a sense of financial security in case your investment and other

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Investments

€1 = S$1.41: Singapore dollar now at all-time high against the euro

The Singapore dollar has hit an all-time high against the euro yesterday (Jul 12). The Singapore dollar reached a record high of S$1=€0.71 (or €1 = S$1.41) on Tuesday, up about 9% since the start of the year. Fear that an energy crisis in Europe and the war in Ukraine will plunge the region into a recession has caused the euro to depreciate. The slide of the euro also saw that it reaches parity against the US dollar in two decades.

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Investments, Travel & Entertainment

Asian markets soar as China shortens the COVID-19 quarantine period for international visitors

inbound passengers waiting to be taken to quarantine-designated destinations

In a significant relaxation of one of the tightest COVID-19 limitations, China has cut the length of the quarantine period for incoming tourists by half. The period of quarantine in centralized facilities has been shortened from 14 to seven days, and the subsequent period of at-home health monitoring has been shortened from seven to three days. The most recent health authority recommendations also relaxed quarantine rules for persons who are near those who have tested positive for COVID-19. In addition,

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