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Category: FINANCE

Posted on 10/12/2024

DELTA ELECTRONICS POWERS SINGAPORE’S NATIONAL CORAL RESTORATION EFFORTS WITH ADVANCED AUTOMATION AND MONITORING TECHNOLOGY

Delta, a global leader in power management and IoT-based smart green solutions, has joined the National Parks Board of Singapore's (NParks) 100k Corals Initiative to support coral reef restoration.

Posted on 10/12/2024

Singapore stocks rose as trading began on Tuesday—STI gained 0.6%

In the broader market, 92 gained while 59 declined, with 67.5 million securities valued at S$106.5 million traded ...

Posted on 10/12/2024

Catastrophe bonds see investor influx after ‘fantastic’ run

Swiss Re estimates that insured losses from natural catastrophes will likely exceed US$135 billion in 2024, marking the fifth consecutive year in which the US$100 billion threshold has been breached.

Posted on 10/12/2024

How Will Singapore, Malaysia, And Other Asian Countries’ Stock Markets Fare In 2025?

As investors plan for an unpredictable second Trump administration, Singapore could see some respite as a defensive market and good dividend yields.

Posted on 10/12/2024

Singapore’s Cautious Wealth Fund Takes More Private Markets Risk

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Posted on 10/12/2024

Singapore property tycoons plan family office in Abu Dhabi

Raj Kumar and Kishin RK oversee an estimated US$10 billion property portfolio in Singapore. Read more at straitstimes.com.

Posted on 10/12/2024

Singapore Shares Tipped To Open In The Red On Tuesday

The Singapore stock market has finished lower in back-to-back sessions, slumping almost 30 points or 0.8 percent along the way. The ...

Posted on 10/12/2024

China makeup mogul nears billionaire status with Hong Kong IPO

Mao Geping’s skincare and cosmetics firm Mao Geping Cosmetics, which lists Tuesday, could raise up to HK$2.1 billion ($362 million) in its initial public offering.

Posted on 10/12/2024

HSBC appoints Annie Lim as GPB desk head for Singapore

Lim joins from Lombard Odier and spent 11 years with Credit Suisse. HSBC has named Annie Lim as global private banking (GPB) desk head for Singapore. She is tasked with growing HSBC’s client ...

Posted on 09/12/2024

Singapore’s Temasek launches new private credit platform

The platform currently has a portfolio worth about S$10bn ($7.4bn), including direct investments and credit funds.

Posted on 09/12/2024

Identity thieves cancel Singapore man’s credit cards, leaving him and wife strapped for cash in Japan

Singaporean Melvin Chan’s recent holiday to Japan with his wife turned into a nightmare after he found their bank accounts blocked and credit cards cancelled by identity thieves who rang up the banks ...

Posted on 09/12/2024

HSBC Restructuring Sees New Leadership, Streamlined Operations

HSBC has announced the completion of a major phase in its global reorganisation, consolidating its structure into four core business units.

Posted on 09/12/2024

Standard Chartered’s Libeara to launch tokenized money market fund on Ethereum

Libeara, Standard Chartered's tokenization platform, plans to launch a US dollar tokenized money market fund on Ethereum.

Posted on 09/12/2024

Flipkart IPO on the cards in 12-15 months – likely to be largest share issue by a new-economy company

Flipkart, India's leading e-commerce company, is preparing for a landmark IPO within the next 12-15 months. The Walmart-owned company, valued at $36 billion, aims to list in India after shifting its ...

Posted on 09/12/2024

Vietnam-Singapore Partnership Advances with Focus on Sustainability, Investment, and Trade

Singapore is consistently a top ranked foreign investor in Vietnam, channeling substantial capital across diverse industries and now focused on sustainability.

Posted on 09/12/2024

Singapore: From waterless wilderness to billionaires’ paradise, the tiny island that’s now among the world’s richest

Singapore transformed from a nation struggling with illiteracy, pollution, and poverty to a global leader in finance, shipping, and biodiversity ...

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