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Category: FINANCE

Posted on 18/03/2024

Bitcoin could reach high of US$250,000 in 2025: Standard Chartered

Using gold as a proxy for Bitcoin suggests that the cryptocurrency's price will ultimately settle around US$200,000 by end-2025.

Posted on 18/03/2024

Singapore stocks end flat on March 18 ahead of Fed interest rate announcement

SINGAPORE - The benchmark Straits Times Index (STI) closed flat on March 18 ahead of the US central bank’s policy decision mid-week. The gauge was down 1.03 points or 0.03 per cent to 3,171.90.

Posted on 18/03/2024

Ninja Van Holding Off on IPO Plans Until Profitability Improves

Logistics provider Ninja Van has put plans for a stock market debut on the back burner, the latest sign of tech startups’ struggles with falling valuations across the industry.

Posted on 18/03/2024

Digital bank Monzo in talks to sell stake to Singaporean state fund GIC

Monzo, the digital bank which last month secured a valuation in excess of £4bn, is in talks to sell an additional stake to one of Singapore’s sovereign wealth funds. Sky News has learnt that Monzo is ...

Posted on 18/03/2024

Singapore stocks end flat on Monday ahead of Fed interest rate announcement

Find out more about subscription packages here. SINGAPORE’S benchmark Straits Times Index (STI) closed flat on Monday (Mar 18) ahead of the US central bank’s policy decision mid-week. The gauge was ...

Posted on 18/03/2024

Singapore to introduce Digital Infrastructure Act

Singapore is introducing a new Digital Infrastructure Act ... following cyber outages and incidents that impacted the banking and healthcare sectors, including one on October 14 at an Equinix facility ...

Posted on 18/03/2024

Singapore and Indonesia talk of co-hosting big concerts, other events. Are they ready for it?

Commercial and security concerns, as well as the extra time needed for planning, could hinder such projects. Read more at straitstimes.com.

Posted on 18/03/2024

DBS, UOB and OCBC: Which of These 3 Banks Should You Buy?

Singapore’s largest bank, DBS Group (SGX: D05), pulled off an impressive performance with its 2023 net profit passing the S$10 billion mark for the first time. The other two blue-chip banks also fared ...

Posted on 18/03/2024

Singapore stocks began Monday relatively unchanged—STI fell by 0.04%

SINGAPORE: Singapore stocks began Monday, March 18, relatively unchanged, reflecting recent data showing a slight dip in the country’s non-oil domestic exports. According to figures released by ...

Posted on 18/03/2024

Singapore stocks open flat on Monday after key exports surprise; STI down 0.04%

SINGAPORE stocks opened relatively unchanged on Monday (Mar 18) morning after data from Enterprise Singapore showed that the country’s non-oil domestic exports fell 0.1 per cent year-on-year in ...

Posted on 18/03/2024

Singapore’s raises minimum qualifying salary amount for foreigners

The Employment Pass (EP) minimum qualifying salary is being increased from $5,000 to $5,600 per month. The qualifying salary will continue to increase progressively with age, up to $10,700 for a ...

Posted on 18/03/2024

Investment bank CICC wants to be ‘bridge’ for Chinese companies in south-east Asia

China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment ...

Posted on 18/03/2024

Commentary: Why is inflation taking so long to moderate in Singapore? | Video

Singapore's core inflation has fallen well below its peak of 5.5% in January and February 2023. But is it coming off fast enough? OCBC chief economist Selena Ling weighs in.

Posted on 18/03/2024

8 best personal loans in Singapore with lowest interest rates (March 2024)

It's open to Singapore Citizens and Singapore PRs with a minimum annual income of $20,000, but not open to foreigners. You'll also need to be 21 to 70 years old-that maximum age sits between the ...

Posted on 17/03/2024

Ryde IPO: Singapore’s First Ride-Hailing Startup to List on the New York Stock Exchange (RYDE:NYSE)

Ryde offers ride-hailing and carpooling firm, and intends to use 20% of its funds for R&D as well as 15% of its funds for expansion in Southeast Asia.

Posted on 17/03/2024

4 Singapore Blue-Chip Stocks with at least 5.5% dividend yield

Here are four Singapore blue-chip stocks with at least 5.5% dividend yield, according to The Smart Investor. DBS Group is recognised as Singapore’s largest bank by market capitalisation, offering ...

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