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Category: FINANCE

Posted on 02/01/2025

China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%

China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.

Posted on 02/01/2025

UOB Kay Hian keeps FLCT at ‘buy’ but with lower target price of $1.33 following higher taxes in Australia

FLCT is working on backfilling the remaining vacant space but competition from other business parks remains tough,' says UOB Kay Hian's Jonatha Koh ...

Posted on 02/01/2025

Singapore stocks rise as trading begins in the new year—STI gains 0.2%

SINGAPORE: Singapore stocks rose as trading began on Thursday (Jan 2) after the New Year’s Day holiday. The Straits Times Index (STI) gained 0.2% or 5.73 points to 3,793.33 at 9:01 am, The Business ...

Posted on 02/01/2025

Singapore Economy Grows 4.0 Pct In 2024, Tops Forecasts

Singapore's economy beat forecasts to grow 4.0 percent in 2024 despite a slowdown in the fourth quarter, preliminary government data showed on Thursday.

Posted on 02/01/2025

Singapore stocks to watch in 2025: 4 top picks for the new year

Meanwhile, iFAST Global Bank, the group’s digital banking arm, reported customer deposits more than doubling year on year to S$805.63 million as of Sept 30, 2024. The digital bank is also expected to ...

Posted on 01/01/2025

Salt Investments looking for alternative funding after two investors missed placement deadline

Salt Investments is looking for alternative funding after two investors who were supposed to take part in a placement did not pay up in time. According to the company on Jan 1, it had reminded Hin ...

Posted on 01/01/2025

Police looking into reports of unauthorised payments linked to Koufu Eat app since late Oct. 2024

Several reviews posted on the Google Play Store page for the Koufu application, between October and December 2024, allege unauthorised transactions linked to credit or debit cards registered with the ...

Posted on 01/01/2025

Economic trends to watch for Singapore in 2025

SINGAPORE – Formidable challenges ranging from the US-China trade conflict to geopolitical tensions and market volatility suggest that Singapore’s economy is in for a rockier ride in 2025. Outcomes ...

Posted on 01/01/2025

Singapore leads with 13 Crypto licenses—Top 5 coins to buy for the next crypto bull run!

In 2025, there will be a lot of new entrants in the digital currency arena; however, DexBoss is an emerging and promising token to invest in and experience massive gains.

Posted on 01/01/2025

In New Year message, Singapore PM Lawrence Wong says economy beat growth expectations with 4pc rise in 2024

Singapore’s economy grew by 4.0 per cent in 2024, exceeding expectations, according to Prime Minister Lawrence Wong. Wong, who is also finance ...

Posted on 01/01/2025

4 Singapore Stocks to Keep Your Eye On in 2025

iFAST expects its digital bank to also become an important growth driver in 2025 and beyond. DBS is Singapore’s largest bank by market capitalisation and is also a familiar name to many Singaporeans.

Posted on 01/01/2025

Look to US market for capital gains, says investment guru Adam Khoo

Mr Khoo, who also founded online investor school Piranha Profit, warned against investing with a Fomo (fear of missing out) mindset: “Don’t rush (into) stocks just because your friend or neighbour ...

Posted on 01/01/2025

2025 likely to see continuation of bull market, but trade with caution

Analysts expect higher inflation in 2025 and slower growth in 2026 as Trump’s policies kick in. Read more at straitstimes.com.

Posted on 01/01/2025

Plans by Singapore banks to broaden product providers, offerings under SRS framework shelved

THE Competition and Consumer Commission of Singapore (CCCS) has halted its review of a proposed Supplementary Retirement Scheme (SRS) framework following the withdrawal of a joint application by DBS, ...

Posted on 31/12/2024

Singapore’s DBS Bank appoints Rajat Verma as India CEO from March 2025 — Who is he?

DBS Group has appointed Rajat Verma as CEO of DBS Bank India, effective March 1. He succeeds Surojit Shome, who retires in February. Verma, currently heading institutional banking, will join DBS' ...

Posted on 31/12/2024

Upgraded China-Singapore free trade pact takes effect, will enhance market access for businesses

SINGAPORE: China and Singapore have upgraded a 15-year-old free trade deal to further open up their markets to investors and services suppliers on both sides, and expand cooperation in telecom ...

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