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.
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.
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 ...
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 ...
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 ...
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.
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 ...)
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 ...
Singapore to upskill 300 professionals to support carbon services and trading sector growth
“The Carbon Markets Academy of Singapore will enhance our carbon ecosystem and support companies with the necessary talent to diversify their business activities and develop new capabilities in carbon ...
24/7 concierge service, free access to airport lounges and golf greens: How Citi takes care of global citizens
Ms Yeo Wenxian, Citi's new Head of Wealth for Asia South and Citibank Singapore Chief Executive Officer, said: “Singapore continues to be a key and strategic location for Citi’s wealth business, from ...
DBS stock jumps on $3b share buyback plan, record $3.03b quarterly profit
The bank sees upside to its 2025 profit as Donald Trump takes office as US president. Read more at straitstimes.com.
The optimistic case for Singapore’s economy in the second Trump presidency
The US stock market and currency rallied strongly in the immediate aftermath of the US elections, which brought about Donald Trump’s return to the White House. Singapore’s equities market also ...
Genting Singapore’s Q3 net profit nosedives to $79.4m in Q3
Genting Singapore 's net profit nosedived to $79.4m in Q3 2024 on lower VIP rolling volume and win rate. Compared to the same period last year, the profit was 63% lower. In its latest financial ...
Singapore’s UOB sees better loan growth in 2025 as Q3 profit hits record
Singapore's United Overseas Bank, or UOB, posted a faster-than-expected rise in third quarter net profit to a record, helped by brisk trading and investment, and flagged a pick up in loans growth next ...
‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s technology capabilities. Read more at The Business Times.
SG crypto firm partner fired after woman said he spiked her drink during meeting
SINGAPORE: A partner at a leading crypto venture capital company, DWF Labs, has been dismissed from the company in the wake of allegations online from a woman who claimed he spiked her drink during a ...