SINGAPORE: Singapore shares opened lower on Wednesday, June 5, after US stocks bounced back from a morning drop to close higher on Tuesday. According to The Business Times, the Straits Times Index ...
Corporate teams get free Standard Chartered Singapore Marathon Ekiden slots in exchange for fundraising commitment
AS MANY as 100 slots in the Ekiden category of this year’s Standard Chartered Singapore Marathon (SCSM) will be given out for free to corporate teams, if they commit to raise funds for the bank’s ...
Interview: DBS chief economist optimistic about China’s growth outlook
DBS, Singapore's major banking group, sees the supporting measures announced by the Chinese authorities over the last few months to boost the property market as substantial, said Baig. "Sorting out ...
Singapore unlikely to draw large data centre investments
Singapore is unlikely to attract large-scale investments in data centre capacity from foreign investors, despite its recent plans to increase its capacity, says a market report by BMI Research, a ...
Singapore Shares May Bounce Higher Again On Wednesday
(RTTNews) - The Singapore stock market on Tuesday ended the three-day winning streak in which it had advanced more than 25 points or 0.8 percent. The Straits Times Index now rests just beneath the ...
China Aviation Oil (Singapore) (SGX:G92) investors are sitting on a loss of 22% if they invested five years ago
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term China Aviation Oil ...
OCBC to raise 500 million euros via covered bonds
OCBC has priced 500 million euros (S$732.8 million ... The covered bonds, expected to be listed on the Singapore Exchange on Jun 12, will bear a fixed interest of 3.29 per cent per annum, payable ...
HSBC to open three wealth centres in S’pore by Q1 2025, with the first in CBD in June
SINGAPORE - HSBC will open three wealth centres in Singapore by the first quarter of 2025, the bank said on June 4. The three centres will be in the Central Business District (CBD) as well as the east ...
How Shein’s US IPO Plans Got Derailed by China Rift
US investors appear to be on the verge of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots prepares a confidential filing for a listing in London instead.
Singapore Exchange Market falls 0.3%
At closing bell, the Straits Times Index (STI) index was down 9.93 points, or 0.3% to 3,338.94 after trading between 3,332.88 and 3,349.17. Across the broader market, decliners outpaced advancers 281 ...
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports
The Singapore-headquartered company, which has signed Goldman Sachs, JP Morgan and Morgan Stanley as financial advisers, aims to raise over 1 billion pounds (US$1.28 billion) from the IPO, which would value the company at around 50 billion pounds ...
HSBC opening 3 wealth centres in Singapore as part of pivot to wealth banking
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. The bank is increasing its investments ...
Standard Chartered accused of helping Iran-linked terrorist funders
Standard Chartered is alleged to have facilitated billions of dollars worth of transactions for Iran-linked entities, including funders of terrorist groups, according to fresh US court filings.
Best Credit Card Promotions in Singapore (Jun – Jul 2024): Citibank, DBS, HSBC, UOB, and More
This June, we're giving away Category 1 Tickets for ASMeiR Max 2024 World Tour - Singapore (worth $656 per pair), a Samsung Galaxy S24 Ultra 512GB (worth $2,458), an exquisite dining experience for 2 ...
As Shein’s IPO approaches, what will it mean for the ultra-cheap online retailer and for London?
Although Shein has not officially announced a date, its eventual IPO would be London’s most high-profile in years. What do we know about the IPO? It is coming very soon and it’s probably going to happen in London.
Singapore shares open lower on Tuesday—STI fell by 0.1%
SINGAPORE: Singapore shares opened lower on Tuesday, June 4, influenced by the mixed performances of... The post Singapore shares open lower on Tuesday—STI fell by 0.1% appeared first on The Independe ...