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Month: November 2024

Posted on 08/11/2024

Tatas will choose Singapore as key partner for semiconductor play: Singapore Minister Shanmugam

Chandrasekaran earlier in the day, Singapore’s Minister for Home Affairs and Law K. Shanmugam said semiconductors was a “big discussion” point during the meeting. “If they (Tatas) want to, they can do ...

Posted on 08/11/2024

Tata Group, Singapore govt discuss collaborative opportunities in semiconductors

“It’s not that they need to do it with Singapore, but they will, I think choose Singapore as a key partner.” Tata Electronics investing up to $11 billion in India’s first semiconductor fabrication ...

Posted on 08/11/2024

3 men arrested for using stolen card details to buy electronics and gold bars

Three members of a transnational scam syndicate, aged between 29 and 36, have been arrested for their suspected involvement in using stolen debit and credit card details to commit payment fraud across ...

Posted on 08/11/2024

Attika Group closes debut trading day at S$0.235, 6.8% above IPO price

SHARES of Attika Group closed at its peak of S$0.235 on the counter’s first day of trading, 6.8 per cent above its S$0.22 initial public offering (IPO) price. Read more at The Business Times.

Posted on 08/11/2024

Singapore Airlines posts HY profit slump; sees $832 million gain from Air India-Vistara merger

Singapore Airlines reported a slump in half-year earnings on Friday, reflecting stiff competition and higher costs, but added that it will post a gain of S$1.1 billion ($832.45 million) once the Air ...

Posted on 08/11/2024

Billionaire Wee Family’s UOB Jumps To Record As Singapore Bank Mulls Share Buyback

Shares of Singapore-based United Overseas Bank surged to a record high after its billionaire CEO Wee Ee Cheong as the lender considers returning excess capital to shareholders on the back of robust ...

Posted on 08/11/2024

Singapore eyes LNG hub with EMA-PetroChina collaboration

Singapore’s Energy Market Authority (EMA) has signed an agreement with Chinese energy major PetroChina to enhance Singapore’s liquefied natural gas supply and management capabilities, supporting its ...

Posted on 08/11/2024

Tatas will choose Singapore as key partner for semiconductor play: Minister

If they (Tatas) want to, they can do business with anybody in the world. It's not that they need to do it in Singapore, but they will, I think, choose Singapore as a key partner, not only partner, but ...

Posted on 08/11/2024

Singapore banks lead STI rally to 17-year high; index up 1.4%

Record-breaking surges in local bank shares on the back of another interest rate cut in the US drove the local market to a 17-year high on Nov 8. Read more at straitstimes.com.

Posted on 08/11/2024

Singapore Airlines’ half-year profit nearly halves on rising costs

Singapore Airlines (SIA) reported a half-year profit on Friday that nearly halved year-on-year, reflecting intensifying market competition coupled with higher fuel costs and expenses.

Posted on 08/11/2024

Donald Trump Is US President (Again). Here Are 5 Things That Singapore Investors Should Take Note Of

With Donald Trump winning the 2024 US Election, the financial market is pricing in the effect his policy will have on assets like stocks ...

Posted on 08/11/2024

Niva Bupa Healthcare IPO subscribed 72% so far on Day 2, retail investors drive strong demand. Check details

The offering, comprising a fresh equity sale of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will remain open for bidding until November 11. Through the OFS, Bupa Singapore Holdings ...

Posted on 08/11/2024

NPTC Green Energy IPO likely to open on November 18; check details

The initial public offering (IPO) of NTPC Green Energy is scheduled to open in the third week of November, sources related to the matter told Business Today. According to the sources, who requested ...

Posted on 08/11/2024

Niva Bupa Health Insurance IPO Subscribed 70% On Day 2, Check GMP

The grey market premium of Niva Bupa was nil as of 9:50 a.m., implying no gains over the IPO price, according to Chittorgarh's unit InvestorGain.

Posted on 08/11/2024

US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains

THE latest rate cut by the US Federal Reserve is expected to bring “some relief” to Asian and Singapore equity markets, with upsides for the property and consumer sectors. Read more at The Business ... ( read original story ...)

Posted on 08/11/2024

Singapore companies eye China opportunities

Singapore companies are eyeing high-quality growth opportunities in China while innovating in the increasingly sophisticated market to remain competitive, according to Kok Ping Soon, CEO of the ...

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