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Month: August 2024

Posted on 06/08/2024

CapitaLand Ascott Trust bags $165 million OCBC sustainability-linked loan

Trust said to have “greened” 51 per cent of its global portfolio by gross floor area. Read more at straitstimes.com.

Posted on 06/08/2024

Bitcoin Claws Back From Steep Losses as Crypto Traders Buy Dip

Bitcoin inched back to briefly top $56,000 on Tuesday after a bout of risk aversion in global markets inflicted steep losses on most major cryptocurrencies.

Posted on 06/08/2024

Malaysia, Singapore offer unique approaches to cryptocurrency supervision: experts

The growth of financial technologies, including blockchains and cryptocurrencies, depends on how well the legal system can adapt. Globally, as the legal status of cryptocurrencies remains ambiguous, ...

Posted on 06/08/2024

‘How am I going to pass my O-Levels’: Students lose notes due to Mobile Guardian hack

We didn’t even know that this was going to happen, so it just caught us all off guard,” said one Secondary 4 student who discovered her notes were gone just as she sat down to revise.

Posted on 06/08/2024

Kitefoiling: Singapore’s Maximilian Maeder tops fleet after first five races

Games debutant Maeder has now accumulated 11 net points after five races in the opening series. He leads Slovenia’s Toni Vodisek, who also has 11, and Austria’s Valentin Bontus (12). At the Marseille ...

Posted on 06/08/2024

Sembcorp to invest $700 million in green urban initiatives; first-half profit down 11%

It announced an interim dividend of six cents per share, which will be paid on Aug 22. Read more at straitstimes.com.

Posted on 06/08/2024

Singapore, Vietnam seek broader co-operation in securities and finance

VOV.VN - Minister of Finance Ho Duc Phoc and Second Minister for Finance of Singapore Chee Hong Tat witnessed the signing ceremony of a Memorandum of Understanding (MoU) between the Vietnam Stock ...

Posted on 06/08/2024

POP MART’s largest Singapore store where a toy factory adventure awaits!

As anticipation builds for the POP TOY SHOW, the global leader in designer toy collectibles has opened its door to yet another outlet in Singapore. And this isn’t just any outlet — it’s Singapore’s ...

Posted on 06/08/2024

Singapore shares open higher on Tuesday; STI up 0.8%

SINGAPORE equities began trading in positive territory on Tuesday (Aug 6), following a global market rout with all three major Wall Street indices spending the entire day in the red. Read more at The ...

Posted on 06/08/2024

These expats quit their careers to grow their German specialty pretzel bakery in Singapore

If you’re feeling more adventurous, you could opt for the pretzel bagels (from S$8.10). These come in an array of sweet and savoury flavours, like Caprese Pesto and Speculoos Apple. Another in-house ...

Posted on 06/08/2024

Capitol Singapore’s hotel, theatre and retail arcade put on the market for $650 million

Across the road, Singapore Land Group is said to have sought $150 million for Stamford Court. Read more at straitstimes.com.

Posted on 06/08/2024

Singapore’s Sembcorp HY profit slips after dull performance in key segments

Singapore's Sembcorp Industries reported an 11% decline in first-half profit on Tuesday, as lacklustre performances in its gas and related services and renewables segments weighed on the utilities ...

Posted on 06/08/2024

Citi Hires Singapore Executive From DBS to Lead Wealth in Asia South

Yeo will also be the chief executive officer of Citibank Singapore Ltd, Andy Sieg, head of Citi's wealth, said in the memo to employees. She is expected to join on Nov. 1 from DBS, where she spent 13 ...

Posted on 06/08/2024

Next DBS CEO should have the skills to run the ‘Digital Bank of Singapore’

MANY in Singapore’s analyst community have been busy speculating when the DBS chief executive post will become vacant. But they have less to say about who the replacement can be, simply because ...

Posted on 06/08/2024

Citi downgrades DBS, OCBC, UOB to ‘sell’ as first signs of US contraction emerge

Citi Research analyst Tan Yong Hong has downgraded Singapore’s three major banks to “underweight” as Citi economists expect 225 basis points (bps) of rate cuts by the US Federal Reserve in 10 months ...

Posted on 06/08/2024

Small nuclear reactors: Big potential for Singapore, but with caveats

The deal, called a “123 Agreement”, gives Singapore access to technical information that is under US export control. The timing of the deal comes as hype builds around SMRs and their potential to ...

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