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Category: FINANCE

Posted on 21/06/2023

NSE IPO creates buzz in unlisted market, shows the investor interest in issue

The demand for NSE shares in the unlisted market has shot up since March 2023 after the company announced a dividend of ₹80 and reported better-than-expected results.

Posted on 21/06/2023

P&G to invest over $100 mil to set up new manufacturing facility in Singapore

The announcement was made by the NYSE-listed group as part of its 35th anniversary of operations in Singapore.

Posted on 21/06/2023

Singapore’s Grab Plans Biggest Job-Cut Round Since Pandemic

Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ride-hailing and meal delivery across Southeast Asia.Most Read ...

Posted on 21/06/2023

Stock Market Live: Sensex, Nifty 50 in the red, HUL, M&M, Maruti drag

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...

Posted on 21/06/2023

Goldman says IPO bust looks like it’s ready to boom once again

A gauge that measures the overall environment for IPOs has surged to a reading of 93 from its low of seven last September, and it’s set to keep on rising, Goldman Sachs says. A level of 100 indicates ...

Posted on 21/06/2023

Maybank to use Singapore as base to draw wealthy clients, hub to anchor regional fund flows

SINGAPORE - Asean nations stand to benefit as restrictions on bilateral trade between the United States and China continue to draw certain production functions away from China, said Maybank group ...

Posted on 21/06/2023

Two former execs jailed in Singapore in first conviction over Wirecard fraud

TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. Read more at The Business ...

Posted on 20/06/2023

These are the most expensive cities if you want to live in luxury, according a Swiss private bank

Singapore topped the list. Rent, house prices, school fees, taxes on cars, and living expenses are all high, analysts at the Julius Baer Group wrote.

Posted on 20/06/2023

Reuters Reported Earlier: Singapore’s Grab Plans Biggest Round Of Job Cuts Since Pandemic

Never miss a trade again with the fastest news alerts in the world! This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday.

Posted on 20/06/2023

Ex-China central bank deputy head arrested for suspected bribery

Fan Yifei, vice governor of the People's Bank of China (PBOC), attends a news conference during the ongoing session of the National People's Congress (NPC) in Beijing, China March 10, 2019. REUTERS/Ja ...

Posted on 20/06/2023

Hyundai’s Singapore plant opening further delayed to Q4

HYUNDAI Motor is now expected to open its plant in Singapore in the fourth quarter – one year after its original target date. Read more at The Business Times.

Posted on 20/06/2023

SGX: What Lies Ahead for UOB’s Share Price?

The SGX-listed United Overseas Bank (SG:UOB) share price has been down by 8% in the last six months. Analysts are moderately bullish on the ...

Posted on 20/06/2023

Singapore hands down first Wirecard criminal convictions

Singapore has handed down prison sentences to two former senior Wirecard finance executives, the first criminal convictions related to the collapse of the once high-flying German ...

Posted on 20/06/2023

Probation for teen who receives over $85k in bank account from scams targeting OCBC customers

SINGAPORE - A 17-year-old boy, who allowed scammers to use his bank account to receive $85,220 stolen from OCBC Bank customers, also recruited his friends to commit similar offences. Cash totalling ...

Posted on 20/06/2023

DBS upgrades Sheng Siong to ‘buy’ on ‘attractive industry dynamics and reasonable valuation’

Sheng Siong’s new stores are also well-positioned to support a steady revenue and earnings growth. The group has opened one new store year-to-date (ytd) and is expected to open at least two new stores ...

Posted on 20/06/2023

Singapore takes top spot as Asia is the world’s most expensive region according to spending patterns of the super-rich: report

The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...

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