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Category: FINANCE

Posted on 12/06/2023

Ola Electric Wants To Plug Into Global Investors For Billion-Dollar IPO

Indian electric scooter manufacturing giant, Ola Electric, plans to engage with investors in Singapore and the United States to discuss its anticipated initial public offering (IPO) over the next week ...

Posted on 12/06/2023

Goldman Sachs Cuts Iron Ore Price Forecast, Citing Steel Overhang In China And Slower Recovery In Property Sales, Citibank Is Also Bearish On Iron Ore

Although Singapore's iron ore swap has reached the $110/mt mark, Citibank expects iron ore to resume its decline and advises traders to sell during the rebound. Citibank cut its price forecasts for ...

Posted on 12/06/2023

POSB debit cardholder discovers fraudulent US$20 charge for ‘ChatGPT subscription’ and so do others

A POSB debit cardholder discovered a fraudulent charge for a "ChatGPT subscription" on May 7 in his account and learnt he was not alone. Other bank card holders also reported deductions for "ChatGPT ...

Posted on 12/06/2023

UOB Kay Hian upgrades Marco Polo Marine to ‘buy’ with higher target price of 6 cents

UOB Kay Hian analysts Heidi Mo and John Cheong have upgraded Marco Polo Marine 5LY % In their report dated June 12, the analysts see “encouraging times ahead” for the company, noting several tailwinds ...

Posted on 12/06/2023

Singapore’s economy set to slow, as Hong Kong roars back to life: survey

A tourism-supported consumption-driven rebound is boosting Hong Kong’s ‘short-term cyclical prospects’, economists say. Singapore, meanwhile, may be entering a technical recession.

Posted on 12/06/2023

Stock Market Live: Sensex, Nifty 50 expected to open higher tracking global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 72.5 ...

Posted on 12/06/2023

Ola Electric IPO plans: Bhavish Aggarwal to hold investor meet

Ola competes with names like TVS Motors, Ather Energy and Hero Electric in India's fast expanding EV scooter space.

Posted on 12/06/2023

MediSave top-ups for Singapore’s elders to be disbursed in July 2023

These can be used to pay the premiums for MediShield Life, CareShield Life, ElderShield and other MediSave-approved plans, as well as medical expenses such as hospitalisation, day surgeries, and ...

Posted on 12/06/2023

My visits to Singapore and Japan were meant to attract investments, says Chief Minister M.K. Stalin

Mr. Stalin said, “Through my visits [to Singapore and Japan], agreements were signed for ₹3,000 crore in investments. Most of the companies expressed their willingness to take part in the Global ...

Posted on 11/06/2023

Indian scooter maker Ola Electric to kick off investor meet on IPO plans

India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, ...

Posted on 11/06/2023

64,000km completed in OCBC Cycle Virtual Ride, a participant trains for Ironman triathlon

The conclusion of the virtual rides wraps up the OCBC Cycle 2023, which welcomed the return of the first full-scale event in May since the Covid-19 pandemic which impacted mass sports participation ...

Posted on 11/06/2023

Interest rates and returns for Singapore Savings Bonds (SSB) (June 2023)

With the increased attention towards personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ...

Posted on 10/06/2023

Standard Chartered set to axe jobs in Singapore, Hong Kong and London in cost-cutting exercise

SINGAPORE: Standard Chartered has begun laying off employees across Singapore, London, and Hong Kong as part of an ongoing cost-cutting initiative, according to a report by Bloomberg News. The report, ...

Posted on 10/06/2023

Ola IPO: E-scooter maker to hold investor meet in next two weeks on IPO plans

Ola electric will hold investors' meet in different countries including Singapore, America, and the UK to discuss its IPO plans up for execution in 2023 ...

Posted on 10/06/2023

Dining & Buffet Credit Card Promotions and 1-for-1 Deals this month

Whether you’re looking for a place to celebrate Father's day or simply want to have a good meal at a steal, we have scoured Singapore to find the best dining promotions for you ...

Posted on 10/06/2023

Singapore credit and debit cardholders report multiple unauthorised charges from ChatGPT, Apple

Cybersecurity firms said such small transactions could have been used by cyber criminals to validate debit and credit card details. Read more at straitstimes.com.

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