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Category: FINANCE

Posted on 26/09/2024

Singapore Court Grants WazirX Four-Month Conditional Moratorium

A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.

Posted on 26/09/2024

DBS’s Share Price Hit an All-Time High: Can Singapore’s Largest Bank Continue to Do Well?

Singapore’s largest bank is powering on to new highs, but can it continue its momentum into 2025? The post DBS’s Share Price Hit an All-Time High: Can Singapore’s Largest Bank Continue to Do Well?

Posted on 26/09/2024

Hong Kong dethrones Singapore as Asia-Pacific’s top financial center

Hong Kong has surpassed Singapore to become the top financial center in the Asia-Pacific region and one of the top three globally, according to a new report.

Posted on 26/09/2024

‘Boardroom Knockout’: How Singapore’s investor watchdog fights for minority shareholders

By Ifham Nizam The story of David Gerald and the work he has done for minority investors has been nothing short of extraordinary. Here is a man who had no experience in investing, or in stock markets, ...

Posted on 26/09/2024

NTT Group Considers Data Center REIT IPO in Singapore

Japan’s Nippon Telegraph & Telephone Corp. is considering listing a global data center real estate investment trust in Singapore, according to people with knowledge of the matter.

Posted on 26/09/2024

Singapore drops to fourth in Global Financial Centres Index, overtaken by Hong Kong

SINGAPORE: Singapore has slipped to fourth place in the latest Global Financial Centres Index (GFCI), after being overtaken by Hong Kong, which now ranks third. The GFCI, which evaluates the ...

Posted on 26/09/2024

Singapore’s Climate Action Ambassador on Sustainable Finance and Global Economy

Singapore's Climate Action Ambassador Ravi Menon speaks to Bloomberg's Alix Steel and Damian Sassower at the Earthshot Prize Innovation Summit about sustainable finance and global economy.

Posted on 26/09/2024

SMU Ranked First in Asia in the QS Masters in Finance rankings

Lee Kong Chian School of Business (LKCSB) placed first in Asia in the newly released 2025 QS Masters in Finance Rankings. Amongst Master's in Finance programmes worldwide, SMU's MSc in Wealth ...

Posted on 26/09/2024

Hong Kong surges ahead of Singapore, reclaims title as Asia’s financial leader

For the first time in two years, Hong Kong has reclaimed its position as Asia’s leading financial hub, surpassing Singapore, as revealed in the latest semi-annual Global Financial Centres Index ...

Posted on 26/09/2024

Shein makes rare job cuts in Singapore as London IPO remains in limbo

The job cuts come as Shein is in the process of applying for an IPO in London after it abandoned an earlier plan to go public in New York amid political pushback from US lawmakers. It has since faced ...

Posted on 26/09/2024

StanChart Singapore pays up to diversify as covered premiums ‘creep higher’

Premium paid debated ◆ Uncertainty about tenor chosen ◆ More covered supply to come as issuers adapt to higher premiums ...

Posted on 26/09/2024

DBS moving to raise China securities joint venture stake to 91%, group CEO says

DBS Group chief executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. Read more at The ...

Posted on 25/09/2024

Singapore’s dismal IPO market has companies eyeing Malaysia

In contrast, only one company has debuted thus far in Singapore, which is on track for its lowest annual volume of initial public offerings (IPOs) since 1998. Relative political stability, eased ...

Posted on 25/09/2024

Singapore sets aside S$2.1 billion of green bond proceeds for electric rail expansion in FY2023

SINGAPORE has allocated about S$2.1 billion from its green bond proceeds to finance the expansion of its electric rail network – specifically the Jurong Region Line and Cross Island Line – in its 2023 ...

Posted on 25/09/2024

Citibank to close last branch in Singapore in October amid shift to wealth hubs

Citi currently has three wealth centres here, in Orchard Road, Parkway Parade and Holland Village. Read more at straitstimes.com.

Posted on 25/09/2024

DBS moving to raise China securities joint venture stake to 91%, CEO says

DBS Group Chief Executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. The comments came ...

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