Some of the biggest global banks are going short the Singapore dollar, saying the improving regional outlook is damping demand for its haven qualities. Goldman Sachs Group Inc. recommends betting the island’s currency will weaken against the Malaysian ringgit after the Monetary Authority of Singapore signaled it has finished its tightening cycle.
Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade lower
Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...
Market LIVE Updates: SGX Nifty futures indicate a flat to positive start for Sensex and Nifty 50
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open flat or with minor gains on Tuesday after a volatile session on Monday. Singapore Exchange Nifty futures, an early indicator of ...
SGX Nifty down 11 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday.
Singapore tourism expected to recover to pre-pandemic levels by 2024
Tourism activity in Singapore is expected to recover to pre-pandemic levels by 2024, barring unexpected circumstances.
Singapore Airlines On Slow But Steady Road To Recovery
While monthly progress is happening at Singapore Airlines, the pace of change seems far too slow now that travel restrictions are largely gone.
Singapore private home sales record lowest monthly volume in 14 years
Only 170 units were sold in December 2022. Singapore developers posted sluggish new private home sales in December, transacting just 170 units (ex. Executive Condos). According to PropNex, this is the lowest monthly home sales tally since January 2009 where 108 units were sold.
Singapore’s higher bankruptcy numbers in 2022 part of natural business cycle: Economist
It is more important to look at the percentage of bankruptcies compared with the number of new businesses formed, says economist Song Seng Wun. Read more at straitstimes.com.
Singapore rents set to climb another 10-15 per cent, due to supply crunch and an influx of wealth
Residential rents hammered Singapore ’s tenants with increases of about 21 per cent in the first nine months of 2022 – and the pain looks set to continue this year. ( read original story ...)
Singapore private home rents set to climb another 10-15% this year: Bloomberg analysts
Private residential rents rose about 21 per cent in the first nine months of 2022. Read more at straitstimes.com. ( read original story ...)
DBS remains bullish on SIA following December operating stats; CGS-CIMB downgrades to “hold”, citing limited upside
DBS Group Research’s Paul Yong has kept his “buy” and $6.60 target price on Singapore Airlines, following the flag carrier’s update that it achieved record high passenger load factor of 89.7% in ...
Have S$20,000? 4 Singapore Blue-Chip Stocks to Consider for Your Portfolio
If you’ve just received your bonus, here are four dependable blue-chip stocks that you can park the money in. The post Have S$20,000? 4 Singapore Blue-Chip Stocks to Consider for Your Portfolio ...
Founders of failed crypto fund Three Arrows Capital looking to raise $33m for new venture
The two men behind bankrupt Three Arrows Capital (3AC) are looking for funding to stage a comeback, six months after their cryptocurrency hedge fund collapsed. Read more at straitstimes.com.
Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims
The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new company focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of defunct ...
Singapore’s Dec non-oil domestic exports fall 20.6% yoy
Singapore's non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics and non-electronic products. On a month-on-month seasonally adjusted basis, ...
Singapore’s non-oil exports fall 20.6% in December; third straight month of decline
SINGAPORE: Singapore's non-oil domestic exports (NODX) fell for the third straight month in December due to weak global demand. NODX fell by 20.6 per cent year on year in December from a high base a ...