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STI
3,114.2
-12.0 (-0.38%)

 

  • STI Straits Times Index
    3,114.2
    -12.0 (-0.38%)
     
  • KLCI FTSE Bursa Malaysia KLCI
    1,571.2
    -3.4 (-0.21%)
    Index delayed 15 minutes
  • HSI Hang Seng Index
    26,719.6
    -128.9 (-0.48%)
    Index delayed 15 minutes
  • SSE SSE Composite Index
    2,938.1
    -39.2 (-1.32%)
    Index delayed 15 minutes
  • N225 Nikkei 225
    22,492.7
    40.8 (0.18%)
    Index delayed 20 minutes
  • JCI Jakarta Composite Index
    6,191.9
    10.9 (0.18%)
    Index delayed 10 minutes
  • KOR KOSPI
    2,060.7
    -17.2 (-0.83%)
    Index delayed 20 minutes
  • XAO XAO
    6,758.4
    -33.1 (-0.49%)
     

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NYSE Market

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  • Volume: 937.3M
  • Value: 879.2M
  • Rise: 114
  • Fall: 160
  • Unch: 558

Intraday Market Ticker Help

Intraday Market Ticker
Time Name Type Price Vol
  • Top Active

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Top Counters
Name Last Change
MDR0.002-
Rex Intl0.093+0.005
ThaiBev0.900+0.025
Genting Sing0.915-0.010
Spackman0.016-
YZJ Shipbldg SGD0.940-0.010
Y Ventures0.112+0.001
AEM1.280+0.020
KLW0.003-
Singapore-eDev0.045-0.002

World Indices

World Indices
Name Last Change
Nasdaq 8,089.5 -67.3
HSI 26,719.6 -128.9
HSCEI 10,540.0 -48.1
Jakarta 6,191.9 +10.9
Nikkei 225 22,492.7 +40.8
SSE Comp 2,938.1 -39.2
Shanghai A 3,078.2 -41.1
Shanghai B 263.8 -3.3
PSE Comp 0.0
KOSPI 2,060.7 -17.2

Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.

News - Detailed News Story

UOB

Stock Chart
Last Done 25.820
Change -0.200 (-0.77%)
Volume 1,747.4
Range 25.720 - 26.110

DBS

Stock Chart
Last Done 24.780
Change -0.160 (-0.64%)
Volume 2,666.9
Range 24.710 - 24.970

OCBC Bank

Stock Chart
Last Done 10.740
Change -0.110 (-1.01%)
Volume 4,180.331
Range 10.700 - 10.830

Banks see gold in silver economy; more launching dedicated schemes

19 Jun 2019 09:00

"Retirement planning should be done as early as one starts working... For those who have already hit 50, our programme helps them relook at their portfolio and offers our services to grow and protect their wealth, as well as insure them," says Maybank's Adam Tan. BT FILE PHOTO

By Tay Peck Gek

BANKS are finding gold in Singapore's silver economy as they help the ageing population plan for their lifestyle, wealth and health needs.

Following recent moves by OCBC and Standard Chartered Bank, Maybank is the latest to woo seniors, but the Malaysian bank has gone one step further: it has set the eligibility age at 50 - five years earlier than that at the other two banks.

Adam Tan, head of branch distribution at Maybank explained the reasons for the lower eligible age: "Retirement planning should be done as early as one starts working... For those who have already hit 50, our programme helps them relook at their portfolio and offers our services to grow and protect their wealth, as well as insure them."

He noted that there are 1.4 million Singapore residents aged at least 50 years old, and many are not doing enough to protect their savings against inflation.


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Source: Business Times
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