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Category: FINANCE

Posted on 12/08/2024

Malaysia IPOs jump as economy improves and investors return to the stock market

There were 28 initial public offerings on Bursa Malaysia in the first seven months of the year. Read more at straitstimes.com.

Posted on 12/08/2024

Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong

SINGAPORE banks continue to shore up against market volatility and impending rate cuts, even as their earnings remain ahead of expectations. Read more at The Business Times.

Posted on 11/08/2024

DBS chief Piyush Gupta to step down; Tan Su Shan to take the top job

He will be succeeded by Ms Tan Su Shan, who was appointed on the same day as deputy CEO, in addition to her current role as group head of institutional banking. She will succeed Piyush Gupta as CEO ...

Posted on 11/08/2024

Me & My Money: Her first investment failed, but fintech firm exec says investing early is no mistake

Investing from a young age allows one to take advantage of dollar-cost averaging. Read more at straitstimes.com.

Posted on 11/08/2024

Guide To Understanding Secondary Listings On The Singapore Exchange (SGX)

Secondary listings on the SGX is one way for companies to reach out to a wider investor base and to attract more capital to the company

Posted on 10/08/2024

First Brunei-managed fund debuts in Singapore

Securities Sdn Bhd (BIBDS) launched the SGD-Hedged share classes (both accumulation and distribution classes) for the Lion-BIBDS Islamic Enhanced Liquidity Fund in Singapore recently.

Posted on 10/08/2024

Top Stock Market Highlights of the Week: DBS Group, Sembcorp Industries, Berkshire Hathaway and Apple

Welcome to this week’s edition of top stock market highlights. DBS released its second quarter of 2024 (2Q 2024) earnings earlier this week. Singapore’s largest bank saw total income rise 9% year on ...

Posted on 09/08/2024

Singaporeans slam vitriol against Piyush Gupta as he prepares to exit DBS

While many Singaporeans congratulated Mr Gupta for a job well done at DBS, a vocal minority on social media have responded by spewing xenophobic and racist vitriol.

Posted on 09/08/2024

Stock market unwinding has further to go despite latest sell-off, say analysts

The carnage across global stock markets this week is forcing investors here and elsewhere to take a hard look at their portfolios in light of concerns over the United States economy. Join ST's ...

Posted on 09/08/2024

Ex-PSP member sues Singapore Kindness Movement but lawyers say charity organisation is “innocent middleman caught in crossfire”

He claims the charity organisation exposed his personal information to someone he had previously complained about.

Posted on 09/08/2024

One of world’s youngest billionaires Bhavish Aggarwal to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.

Posted on 09/08/2024

Unicommerce IPO GMP Today: Grey market premium indicating listing gains?

The SoftBank-backed company in February said it was expanding its overseas operations by onboarding more clients. It is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.

Posted on 09/08/2024

One of World’s youngest billionaires to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of ...

Posted on 09/08/2024

Singapore can’t just keep going down same path, PM Wong says

Singapore cannot afford to cruise along and only rely on existing formulas to chart its future path, says Prime Minister Lawrence Wong on his maiden ...

Posted on 09/08/2024

Venture, FCT, Sats, Sembcorp and ComfortDelGro are stocks to seek ‘shelter’ in from a ‘weak’ August: DBS

An interest rate cut by the US Fed in September is a ‘near certainty’, says PhillipCapital, who is ‘overweight’ on REITs.

Posted on 09/08/2024

GREEN OPPORTUNITIES TO SPUR GROWTH FOR STANDARD CHARTERED

Wearing two hats is no mean feat. As the newly minted chief executive officer for Asean and South Asia for Standard Chartered (StanChart), and its co-head of corporate and investment banking (CIB), ...

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