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Month: January 2025

Posted on 28/01/2025

Singapore Dollar, Other Asian Currencies Weaken on U.S. Tariff Threats

Singapore dollar and other Asian currencies weakened against the greenback in the Asian session on U.S. tariff threats.

Posted on 28/01/2025

“Can your private bank do this?”: Fintech firms target Singapore’s wealthy with feature-rich apps

Moomoo, owned by Nasdaq-listed Futu Holdings, and Arta, whose backers include former Google CEO Eric Schmidt and ex-UBS CEO Ralph Hamers, are among the fintech firms targeting wealthy investors.

Posted on 28/01/2025

Luxury resale condo market stalls in 2024 as demand from foreign buyers falls

In 2024, there were only 23 sub-sale and resale condos sold at above $10 million, down from 40 in 2023 and 61 in 2022. Read more at straitstimes.com. ( read original story ...)

Posted on 28/01/2025

Asia requires ‘wisdom, charm and a strong intuition’ to navigate Snake Year: HSBC

HSBC is “underweight” Singapore equities, given its strong performance in 2024. The banks are likely to see their earnings “muted” over the next one to two years with the Fed continuing to cut rates.

Posted on 28/01/2025

A Trio of ANZ Credit Traders Depart to Join Standard Chartered

Some senior ANZ Group Holdings Ltd. credit traders are departing the Australian lender to move to Standard Chartered Plc., according to people familiar with the matter.Most Read from BloombergWhat ...

Posted on 28/01/2025

Standard Chartered still undervalued despite rally, says CEO

Standard Chartered shares still have potential to soar even after an 85% increase in the stock over the past year, according to CEO Bill Winters.

Posted on 28/01/2025

Jefferies targets DBS shares to hit $49; UOB to hit $42; OCBC to reach $19 ahead of 4QFY2024 results

Analysts Sam Wong and Shujin Chen predict a $2 billion share buyback programme for UOB, a ‘modest increase’ in DBS’s annual dividend and limited near-term scope for OCBC.

Posted on 28/01/2025

Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout

Data centre-related real estate investment trusts (Reits) in Singapore already fell on Jan 27 on the back of the saga surrounding DeepSeek. Keppel DC Reit dropped about 8 per cent to $2.09 by Jan 27’s ...

Posted on 28/01/2025

Singapore Shares Likely To Open In The Red On Tuesday

The Singapore stock market has moved lower in consecutive trading days, easing almost 10 points or 0.3 percent in that span. The ...

Posted on 28/01/2025

DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss

By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial ...

Posted on 28/01/2025

Citi maintains neutral stance on Keppel REIT stock with SGD0.90 target

Despite these positive aspects, the report expressed caution regarding Keppel REIT (OTC:KREVF)'s future share price performance. High leverage, with a debt-to-equity ratio of 0.51, was cited as a ...

Posted on 28/01/2025

860kg of veggies illegally imported from Malaysia seized from truck at Tuas Checkpoint

Around 860kg of fresh vegetables illegally imported from Malaysia were found in a truck at Tuas Checkpoint on Jan 22. Read more at stomp.straitstimes.com ...

Posted on 28/01/2025

How to Watch Anna Kalinskaya vs. Simona Waltert at the 2025 Singapore Open: Live Stream, TV Channel

No. 18-ranked Anna Kalinskaya will meet No. 179 Simona Waltert in the Singapore Open Round of 16 on Tuesday, January 28.Kalinskaya earned a three-set win over Caroline Dolehide (6-4, 4-6, 6-2) in ...

Posted on 28/01/2025

Singapore shares rise at Tuesday’s open; STI up 0.8%

SINGAPORE shares started trading in positive territories on Tuesday (Jan 28). Read more at The Business Times.

Posted on 28/01/2025

Singapore-listed US office Reits seen to benefit from Trump’s return-to-office mandate

Keppel Pacific Oak US Reit, Manulife US Reit and Prime US Reit seen benefitting from Trump move. Read more at straitstimes.com.

Posted on 28/01/2025

Investment sales volume grows by 13.3% YoY in Q4 2024

During Q4 2024, investment volume was around $7b, according to Colliers. Singapore’s investments for the fourth quarter of 2024 (Q4 2024) grew by 13.3% year-on-year (YoY) to $26.6b despite declining ...

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