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Month: September 2020

Posted on 12/09/2020

Five things to know before investing in the stock market rally

Think you can turn S$10,000 into S$100,000 in two years? Want to invest half your salary in equities, like one financial blogger does? The experts ... ( read original story ...)

Posted on 12/09/2020

GRAINS-CBOT soy hits two-year peak on expectations for higher U.S. exports

The USDA left its estimate for soybean exports unchanged from last month ... Naveen Thukral in Singapore, and Karl Plume and Christopher Walljasper in Chicago; Editing by Sherry Jacob-Phillips ... ( read original story ...)

Posted on 12/09/2020

₹100 cr. penalty imposed on Standard Chartered Bank, ₹17 cr. on TMBL

ED says Authority found them and some others contravening FEMA provisions in case related to unauthorised shares allocation ... ( read original story ...)

Posted on 12/09/2020

ED imposes Rs 100 crore fine on StanChart for FEMA breach

ED imposes Rs 100 crore fine on StanChart for FEMA breach. The investigation under FEMA was taken up by ED based on a reference received from RBI to investigate advance remittances received by certain ... ( read original story ...)

Posted on 12/09/2020

TikTok owner plans to spend billions in Singapore after US ban

ByteDance, the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of Asia as part of its global expansion, according to people familiar with the matter ... ( read original story ...)

Posted on 12/09/2020

British insurer Aviva to sell Singapore business for $1.98 billion

British life, motor and home insurer Aviva said on Friday it will sell its majority shareholding in its Singapore business to a consortium led by Singapore Life for S$2.7 billion ($1.98 billion), as ... ( read original story ...)

Posted on 12/09/2020

Singapore glass technology company sets up shop in Columbus

A Singapore company is moving to Columbus to find its niche in the emerging "smart glass" industry. A Singapore company is moving to Columbus with the goal of transforming the eme ... ( read original story ...)

Posted on 12/09/2020

86 new COVID-19 cases in Singapore, including 13 imported infections

SINGAPORE: Singapore reported 86 new COVID-19 cases as of noon on Friday (Sep 11), with no community infections, said the Ministry of Health ... ( read original story ...)

Posted on 11/09/2020

ED slaps Rs 100 cr ban on Standard Chartered Bank for FEMA violations

The Enforcement Directorate (ED) said on Friday that the Standard Chartered Bank has been fined Rs 100 crore by its Adjudicating Authority under the Foreign Exchange Management Act, 1999 (FEMA). ( read original story ...)

Posted on 11/09/2020

Tesla plans to export China-made Model 3s to Europe, Asia, report says

Tesla plans to ship cars made at its Shanghai plant to other markets in Europe and Asia, according to people familiar with the matter. China-built Tesla Model 3s intended for delivery outside the ... ( read original story ...)

Posted on 11/09/2020

Kaplan and EduSpaze Come Together to Support Edtech Startups in Singapore

The two organisations will collaborate to provide over 20 Singapore-based edtech startups an opportunity to learn about innovative edtech solutions that can help them with various business aspects and ... ( read original story ...)

Posted on 11/09/2020

TikTok Owner ByteDance to Invest Billions in Singapore Over Three Years: Source

TikTok owner ByteDance plans to invest billions of dollars and recruit hundreds of employees in Singapore after opting to base its Southeast Asia regional headquarters there, a person familiar with ... ( read original story ...)

Posted on 11/09/2020

Tesla intends to export China-made Model 3s to Europe, report says

China-built Tesla Model 3s intended for delivery outside the country will likely start mass production in the fourth quarter, the people said, asking not to be identified because the details are ... ( read original story ...)

Posted on 11/09/2020

Is Covid-19 fueling the ecommerce surge in Singapore?

While Covid-19 has caused major disruptions in Singapore, many ecommerce players in the country stand to benefit. The sector received a surge in transactions for both essential and discretionary items ... ( read original story ...)

Posted on 11/09/2020

EXCLUSIVE-Ant’s mega IPO draws interest from Singapore investor Temasek – sources

Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, ... ( read original story ...)

Posted on 11/09/2020

EXCLUSIVE-Singapore state investor Temasek considering investing in Ant IPO – sources

Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, ... ( read original story ...)

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