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Category: FINANCE

Posted on 12/09/2024

Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.

Posted on 11/09/2024

IPO frenzy goes next level! Bajaj Housing Finance receives Rs 3.2 lakh crore bids; GMP zooms over 100%

The IPO secured bids worth more than Rs 3.23 lakh crore. The robust demand was led by institutional investors who made bids worth Rs 2.6 lakh crore.

Posted on 11/09/2024

GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say

SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering investing in appliance maker Midea Group’s Hong Kong listing, sources said. Read more at The ...

Posted on 11/09/2024

Bajaj Housing Finance IPO sees Rs 3.2 lakh crore bids, GMP crosses 100%

The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...

Posted on 11/09/2024

Hillhouse, GIC Are Said in Talks to Invest in Midea’s Hong Kong IPO

Alternative asset manager Hillhouse Investment and Singapore sovereign wealth fund GIC Pte are considering investing in appliance maker Midea Group Co.’s Hong Kong listing, according to people ...

Posted on 11/09/2024

Man who sold wife’s Singpass details gets 18 months’ jail under stiffer sentencing guidelines

The Singpass details were used to create a bank account that funnelled S$397,995 in scam proceeds from a 76-year-old victim.

Posted on 11/09/2024

Singapore’s UOB aims to take control of the US$2 trillion trade finance market in Southeast Asia

We are already the number one trade bank in ASEAN, and I want to invest [our resources] to dominate this region,” UOB's group head said ...

Posted on 11/09/2024

Economists Raise Singapore’s 2024 GDP Growth Forecast to 2.6% From 2.4%, MAS Survey Shows

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

Posted on 11/09/2024

Singlife introduces Legacy IUL for affluent market in Singapore

It’s coverage starts from $250,000 for death and terminal illness protection Singlife launched the Singlife Legacy Indexed Universal Life (IUL), a non-participating universal life plan offering ...

Posted on 11/09/2024

As Pope arrives in Singapore, all eyes are on China

SINGAPORE – Pope Francis landed in Singapore Wednesday, marking the final stage of his 12-day odyssey to Asia and Oceania, where he is expected to address various social issues and potentially make ...

Posted on 11/09/2024

Economists Upgrade Singapore 2024 Growth Forecast, Central Bank Survey Shows

The median forecast of 21 economists surveyed by the Monetary Authority of Singapore (MAS) is for the economy to grow 2.6% this year, up from a forecast of 2.4% in surveys done in March and June. They ...

Posted on 11/09/2024

Imminent Interest Rate Cut: Is It Time to Sell Singapore Banks?

With the imminent rate cut, can Singapore banks sustain their dividends? The post Imminent Interest Rate Cut: Is It Time to Sell Singapore Banks? appeared first on The Smart Investor.

Posted on 11/09/2024

DBS in Early Talks for Insurance Collaborations in India, Taiwan

DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships.

Posted on 11/09/2024

Investors increasingly spreading their wealth amid global uncertainties: HSBC

The next generation of business leaders are doing the same for firms’ operations for a sustainable future. Read more at straitstimes.com.

Posted on 11/09/2024

PN Gadgil Jewellers IPO Opens Today: Price Band, GMP, And Key Details Revealed

The company's share price is set within the range of Rs 456-480 per share, and its market capitalisation post-issue is expected to exceed Rs 6,500 crore ...

Posted on 10/09/2024

STI hits 52-week high on strong market sentiment; Singtel gains 3.2%

SINGAPORE - The Straits Times Index (STI) rode a wave of stock market optimism to hit a 52-week intraday high of 3,523.47 points on Sept 10. It also achieved its highest close in 52 weeks, at 3,512.67 ...

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