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Singapore investors flock to US market as they eye higher investment returns

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Moomoo Singapore unveils crypto trading at MooFest 2024

SINGAPORE, July 8, 2024 /PRNewswire/ — Investors in Singapore are increasingly allocating more to the US market, according to data from Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore).

This was revealed by Mr Gavin Chia, CEO of Moomoo Singapore, in his keynote presentation at MooFest 2024 — Moomoo Singapore’s largest community event of the year.

“Investors are increasingly allocating more funds into key overseas markets, even as they retain Singapore stocks as a staple in their portfolio,” Chia said.

On average, Moomoo Singapore’s profitable clients in the first six months of 2024 allocated 75% of their equity portfolio to the US market, while Singapore stocks formed approximately 20% of their portfolio.

Winning Portfolio 

On a whole-of-portfolio basis, equities remain the most popular instrument for investors, forming 50% of a typical winning portfolio. Wealth management products also saw significant allocation.

“Investors are looking to generate higher returns by layering on exposure to key growth markets and sectors, such as US tech names, which saw exponential growth in the first half of the year. At the same time, they are also taking advantage of the higher-for-longer interest rate environment by putting their money in money market funds, given their relative safety and attractive returns,” Chia said.

For investors seeking more portfolio diversification, Chia announced that Moomoo Singapore will soon offer cryptocurrency trading on its platform, just months after receiving the Major Payment Institution (MPI) License from the Monetary Authority of Singapore.

“Cryptocurrency has become an increasingly popular asset class among investors globally, and we are thrilled to be able to meet the demands of our clients in every step of their investment journey,” Chia said.

Thinking Forward, Mastering the Future 

Held on 6 July 2024, the event was attended by nearly 3,000 investors — a threefold increase from MooFest 2023.

Among the exciting slew of activities was a series of panel discussions helmed by thought leaders from the financial sector, including a special panel comprising four global stock exchanges, including representatives from Singapore, Japan, and the US.

“This is the first time a financial institution in Singapore has brought together such a star-studded gathering of the brightest minds from key exchanges around the world, highlighting our commitment to play a key role in the local financial ecosystem and be the bridge between investors and the global investment community,” Chia said.

Hiroki Kawai, Senior Executive Officer (Equities, ETF Market Development, Financial Literacy Support and Equities Business Development), Japan Exchange Group, shared a compelling narrative of Japan’s stock market resurgence.

“Now is an opportune moment for retail investors to engage with the Japan stock market. Our corporate transformation initiatives and increased shareholder returns are catalysts for growth,” Kawai said.

He highlighted the strategic restructuring of market segments and the government’s push for asset-based income growth as pivotal elements driving this momentum. “Foreign investment is a vote of confidence in our economic policies,” he added, emphasising the global appeal of the Japanese market.

On the home front in Singapore, real estate investment trusts (REITs) and exchange-traded funds (ETFs) have been the go-to investment options for investors here in today’s investment climate.

“Interest rates have somewhat peaked, and there’s a revived interest in REITs. For example, the latest Fraser Centerpoint Trust placement was 2.5 times oversubscribed, signalling strong investor confidence. This surge in demand indicates a renewed confidence in the stability and income-generating potential of REITs,” said Lily Chia, Head of Regional Equities & FICC Sales, SGX Group.

She also highlighted the growing trend towards passive investing. “The move towards passive investing is unmistakable,” Chia explained. “In a world of geopolitical and economic uncertainty, ETFs offer a sanctuary of stability and growth. Our strong suite of ETFs, which includes equity, fixed income, and commodities like gold, has performed exceptionally well, often outperforming traditional asset management strategies.”

Tech and Innovation as Key Drivers 

As a next-generation digitalised brokerage, Moomoo Singapore is a firm believer in the role of technology and education to empower our clients to meet their financial aspirations.

“Our clients are not just participants; they are pioneers. By democratising access to sophisticated tools and insights, we ensure our investors are well-informed decision-makers,” Echo Zhao, Country Head, Moomoo Singapore, said as part of the panel discussions.

She highlighted moomoo’s commitment to leveraging technology for investor education. “We collaborate with partners like Nasdaq to provide top-tier data and insights,” Zhao added. “Our platform offers a wealth of educational resources, from webinars to live seminars, ensuring our clients can make informed investment decisions.”

James McKeone, Vice President (Head of Investment Intelligence, APAC), Nasdaq, highlighted the critical role of innovation in driving U.S market performance. “US companies like Apple, Nvidia, Microsoft, and Amazon lead the world in innovation,” McKeone explained.

“This innovation translates into significant growth opportunities for investors. Since 2019, retail trading on US stocks has doubled, showcasing the global appeal and confidence in the US market.”

James also emphasised the importance of data and education in navigating the complexities of the U.S. market. “Working with Moomoo, we ensure that investors have access to the best market data,” McKeone said. “Our educational initiatives, including videos and content in local languages, help investors understand and leverage this data for informed decision-making.

He stressed that understanding the market depth is crucial. “In your moomoo app, for U.S stocks, you have 60 levels of pricing and quote information,” McKeone explained. “This market depth data allows investors to see under the surface, providing insights into support levels and market sentiment.”

– End –

About Moomoo Singapore 

Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.

In Singapore, Moomoo Financial Singapore Pte. Ltd. (www.moomoo.com/sg) offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In April 2024, Moomoo Singapore reached the 1 million users milestone in Singapore.

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SOURCE moomoo

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BMO Named Best Bank in North America, Western U.S. and Transaction Banking in North America by Global Finance

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Recognition highlights BMO’s investment in artificial intelligence, digital innovation and client experience 

TORONTO and CHICAGO and SAN FRANCISCO, June 18, 2026 /CNW/ – BMO today announced it has been recognized by Global Finance with three top honours: Best Bank in North America, Best Bank in the Western United States, and Best Bank for Transaction Banking in North America, spanning the publication’s World’s Best Banks and Treasury & Cash Management Awards programmes.

The recognition reflects BMO’s strength across its North American platform and continued momentum in key markets, as well as its leadership in treasury management, digital payments, artificial intelligence and liquidity solutions.

Together, the awards underscore BMO’s progress in scaling digital capabilities, advancing AI across its operations, and deepening client relationships to deliver more connected, innovative and client-focused banking experiences.

“Team BMO is focused on helping our clients make real financial progress with expert advice, innovative products and services, and world-class experiences,” said Darryl White, CEO, BMO Financial Group. “By integrating AI across our business, we’re personalizing client experiences, augmenting our teams with deeper insights, and automating how we deliver simpler, more proactive support – this recognition reflects our client commitment, the strength of our North American platform, and disciplined execution of our strategy.”

The Global Finance World’s Best Banks awards recognize financial institutions that demonstrate strong financial performance, strategic growth, and innovation in products and services.

“Being named Best Bank in the Western U.S. speaks to the momentum we’re building in key markets and the way our teams are showing up for clients every day,” said Darrel Hackett, U.S. CEO, BMO. “We’re focused on making banking more simple, connected and personal by combining strong local relationships with the scale and capabilities of a leading U.S. bank.”

Across North America, BMO continues to invest in technology and innovation to enhance the client experience – expanding digital capabilities and embedding AI across client engagement, risk management and operations. These investments are driving faster decisions, deeper insights and more connected financial services.

“We’re proud to be recognized for our leadership in transaction banking across North America. Our focus is clear – deliver smarter, faster and more connected treasury and payment solutions for clients,” said Sharon Haward-Laird, Group Head, Canadian Commercial Banking & North American Integrated Solutions, BMO. “By combining innovation, data and AI, we’re helping clients manage liquidity and drive their businesses forward.”

BMO has earned global recognition for AI talent development, reflecting its enterprise-wide approach to building and scaling advanced capabilities. With AI adoption exceeding 96% across employees and intelligent agents supporting frontline and operational teams, AI is embedded across the bank’s businesses. Guided by strong Responsible AI governance, BMO continues to advance AI and quantum innovation through the BMO Institute for Applied AI and Quantum – personalizing client experiences, augmenting teams and automating operations at scale.

To learn more about BMO’s AI and digital-first strategy, please visit: https://www.bmo.com/en-ca/main/about-bmo/our-impact/clients/technology-innovation/.

About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of April 30, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly. Driven by its purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities.

View original content:https://www.prnewswire.com/news-releases/bmo-named-best-bank-in-north-america-western-us-and-transaction-banking-in-north-america-by-global-finance-302804218.html

SOURCE BMO Financial Group – Communications

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HawkEye 360 Announces New Leadership for Innovative Signal Analysis

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HERNDON, Va., June 18, 2026 /PRNewswire/ — HawkEye 360, Inc. (NYSE: HAWK), the global leader in signals intelligence data and analytics, today announced leadership changes within Innovative Signal Analysis (ISA), now part of HawkEye 360, appointing Cory Peichel as Senior Vice President and General Manager of HawkEye–ISA and Mark Volpi as Vice President and Deputy General Manager.

Cory will serve as the executive leader, responsible for end‑to‑end business performance. Reporting directly to the Chief Operating Officer of HawkEye 360, he will guide mission delivery excellence and serve as the senior customer‑facing executive for HawkEye–ISA. He will also lead the business sectors and functional disciplines responsible for delivering solutions and capabilities to address customer requirements and ensure disciplined execution across all portfolios.

Mark will serve as the deputy, supporting all aspects of strategic execution, operational performance, and customer engagement. His role will reinforce leadership continuity and strengthen alignment across the organization.

Both leaders bring significant technical expertise, deep knowledge of ISA’s mission, and a strong track record across the defense and intelligence community. They played key roles in integrating ISA with HawkEye 360 and have helped guide the organization through its transition to becoming a new public company with HawkEye 360’s IPO in May. Their practical leadership and customer‑focused approach continue to support how our teams adapt and work together in this new phase of growth.

“This leadership transition strengthens our commitment to delivering sophisticated, timely, and high‑confidence analytics to our defense, intelligence, and national security partners,” said Todd Probert, Chief Operating Officer of HawkEye 360. “Cory and Mark’s technical insight, operational discipline, and long‑standing mission focus position HawkEye–ISA for continued growth. Their leadership will help accelerate innovation and expand the value we deliver through advanced analytics and RF data solutions.”

The enhanced leadership structure reinforces HawkEye 360’s dedication to supporting critical national security missions, expanding advanced analytic capabilities, and delivering faster, more accurate insights that empower customers with the information advantage needed to address emerging threats.

We extend our sincere appreciation to ISA’s Founders, Stacy Kniffen and David Stevens, for their leadership and dedication to the defense and intelligence mission. We are grateful that they will continue to support the organization and the commitments we have made to provide world-class solutions to our customers.

About HawkEye 360
HawkEye 360 is equipping defense, intelligence, and national security leaders with mission-critical electronic warfare to enable faster, better decision-making. By detecting, geolocating, and characterizing radio-frequency emissions worldwide, HawkEye 360 delivers trusted domain awareness and early-warning indicators to the US Government and allied partners. Our space-based collection, proprietary signal processing, and AI-powered analytics transform knowledge of RF spectrum into a strategic advantage. Proven by operational mission success, HawkEye 360 is redefining how signals intelligence strengthens national and global security.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release, other than statements of historical fact, are forward-looking statements and represent the Company’s views as of the date of this press release. The words “will,” “expects,” “plans,” “could,” “would,” “believes,” “anticipates,” “intends,” “may,” “continue,” “estimate,” or similar expressions are intended to identify forward-looking statements. The Company has based these forward-looking statements on its current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of assumptions and risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control that could affect its financial results. These risks and uncertainties are detailed in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s final prospectus related to its initial public offering, dated May 6, 2026, and other filings that the Company makes from time to time with the SEC, which are available on the SEC’s website at sec.gov. Moreover, the Company operates in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for management to predict all risks, nor can the Company assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements the Company may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements. Except as required by law, the Company is under no obligation to update these forward-looking statements subsequent to the date of this press release, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

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SOURCE HawkEye 360 Inc.

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The Andersons, Inc. Declares Cash Dividend for Third Quarter 2026

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MAUMEE, Ohio, June 18, 2026 /PRNewswire/ — The Andersons, Inc. (Nasdaq: ANDE) announces a third quarter 2026 cash dividend of 20 cents ($0.20) per share payable on July 22, 2026, to shareholders of record as of July 01, 2026.

This is The Andersons 119th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996.

About The Andersons, Inc.

The Andersons, Inc., is a North American agriculture and renewable fuels company. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.  

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-andersons-inc-declares-cash-dividend-for-third-quarter-2026-302804685.html

SOURCE The Andersons, Inc.

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