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Month: January 2025

Posted on 14/01/2025

Snaking hour-long lines for new notes ahead of Chinese New Year

For 80-year-old Helen Su, who had stood in line for some two hours, the long wait is an annual affair. The retiree has been withdrawing brand-new notes for many years now as a “symbol of new ...

Posted on 14/01/2025

Singapore could end up as ‘collateral damage’ under Trump 2.0 tariffs, say experts

The unpredictable nature of Donald Trump, poised to begin his second US presidency, will make 2025 a volatile year, two veteran Singapore diplomats said at the UOB Global Markets Economic Forum held ...

Posted on 14/01/2025

China’s economic miracle not over: Singapore diplomat Tommy Koh

Koh says China’s economy is set to grow between 4 per cent and 5 per cent this year, boosted by demand for EVs, renewable energy and AI.

Posted on 14/01/2025

DBS’ Piyush Gupta sees US as global growth engine in 2025 but warns of headwinds

OUTGOING DBS chief executive officer Piyush Gupta expects the US to remain as a global growth engine, but warns of three potential headwinds that could lead to a market correction. Read more at The ...

Posted on 14/01/2025

Singapore could end up as ‘collateral damage’ under Trump 2.0 tariffs: Chan Heng Chee

Unpredictable nature of Donald Trump will make 2025 a volatile year, say two Singapore veteran diplomats. Read more at straitstimes.com.

Posted on 14/01/2025

Singapore shares bleed red ink; STI falls 0.1%

SINGAPORE - Shares in Singapore were in the red on Jan 14, amid a mixed regional showing. The benchmark Straits Times Index (STI) declined 0.1 per cent or 2.93 points to 3,788.77. The STI was led by ...

Posted on 14/01/2025

Digital asset banking group Sygnum turns unicorn after raising $80m

It will use the funds to expand its product portfolio, with a focus on Bitcoin technology. Read more at straitstimes.com.

Posted on 14/01/2025

Two people avoid losses of over S$218,000 due to Anti-Scam Centre and banks’ efforts

SINGAPORE: Two people who were targeted in separate scam schemes managed to avoid losses of more than S$218,900 after the police’s Anti-Scam Centre (ASC) and the victims’ banks stepped in.

Posted on 14/01/2025

DBS upgrades PropNex to a ‘buy’ rating, lifts target price on expected ‘rebound’ in property market

DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter by 21.1 per cent to S$1.15 from S$0.95 previously. Read more ...

Posted on 14/01/2025

Singapore’s single family offices climbed to 2,000 last year, minister says

The number of single family offices in Singapore grew to 2,000 in 2024, the deputy chairman of the city state's central bank, Chee Hong Tat, said on Tuesday.

Posted on 14/01/2025

Iron Ore Advances After Record China Imports Boost Demand Hopes

Iron ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared. Most Read from BloombergThese ...

Posted on 14/01/2025

Singapore family offices exceed 2,000 in 2024

THE number of single family offices (SFOs) in Singapore continued to grow last year, to exceed 2,000 by the end of 2024. Read more at The Business Times.

Posted on 14/01/2025

Singapore live news: Police investigating another public urination incident, at Tanah Merah MRT; best time to deposit money during CNY Li Chun 2025

Singapore police investigating another public urination incident, this time at Tanah Merah MRT, and more curated local and international news by Yahoo Singapore.

Posted on 14/01/2025

GIC’s investment chief to step down from Singapore sovereign wealth fund, sources say

Deputy group CIO Bryan Yeo expected to be promoted to the top investment role in April, sources say. Read more at straitstimes.com.

Posted on 14/01/2025

Collector Linda Neo On The Impact Of Art SG Art Fair In Singapore

Known for her commitment to championing Southeast Asian contemporary art, Singaporean art collector Linda Neo, together with her husband Albert Lim, have built a collection that reflects the region’s cultural narratives and supports emerging and established artists alike.

Posted on 14/01/2025

What to expect in Singapore’s residential property market in 2025

The Property Price Index is projected to grow by 1% to 2% this year. The Singapore residential property market is expected to see property prices stabilise in 2025, with the Property Price Index (PPI) ... ( read original story ...)

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