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Category: FINANCE

Posted on 22/03/2023

Lawrence Wong wraps up debate on Singapore’s COVID-19 response

The work will not end with the debate on the White Paper on Singapore’s response to the COVID-19 pandemic, said Deputy Prime Minister and Finance Minister Lawrence Wong. He said the Government takes ...

Posted on 22/03/2023

Singapore came through pandemic well without spending excessively: Lawrence Wong

Key to that was the trust that Singaporeans had in the Government to make the right decisions, he said. Read more at straitstimes.com.

Posted on 22/03/2023

Singapore Market gains on easing banking contagion fears

At closing bell, the Straits Times Index (STI) index inclined 34.17 points, or 1.09%, to 3,173.93 after trading between 3,157.81 and 3,186.69. Volume was 1.34 billion shares worth S$967.47 million ...

Posted on 22/03/2023

Singapore proptech Ohmyhome stock climbs 4% following $11M US IPO

Ohmyhome (NASDAQ:OMH) stock rose modestly Tuesday afternoon following the Singapore-based proptech's downsized $11M US initial public offering. Shares of Ohmyhome opened at $3.80 after being priced at ...

Posted on 22/03/2023

Ohmyhome IPO of 3.78M Shares Prices at $4/Share

Shares of Singapore-based Ohmyhome Ltd. debuted on the Nasdaq Capital ... Previously, Ohmyhome said it planned to offer 3.25 million shares in its IPO, with an expected price between $4 and $5. At ...

Posted on 22/03/2023

UOB (UOVEF) Gets a Buy from Phillip Securities

See which 3 stocks are most likely to make moves following their insider activities. United Overseas Bank Ltd. (Singapore) engages in the provision of financial services. It operates through the ...

Posted on 21/03/2023

Are the ultra-rich ready for Singapore after Credit Suisse’s collapse?

If it looks like the US is halting its monetary-tightening campaign because disinflation is on the horizon, risk sentiment may start improving ...

Posted on 21/03/2023

DBS ups Sea Limited’s TP to US$103 as it sees a turnaround in its e-commerce and fintech segments

DBS has upped its adjusted ebitda estimates for the FY2023 to US$2.3 billion compared to a loss of US$321 million earlier.

Posted on 21/03/2023

Singapore workers prioritise digital skills the most in APAC, survey finds

Gaining digital skills is the highest priority for employees in Singapore, followed by analytical and soft skills. Here's why.

Posted on 21/03/2023

HSBC Singapore’s managing director to join Sembcorp Industries

He is set to join Sembcorp Industries Ltd. U96 % The banker joined HSBC in 2007 after graduating from Imperial College London, according to his LinkedIn profile. He has worked in London and Hong Kong, ...

Posted on 21/03/2023

OCBC Wing Hang Bank opens new branch in Wuhan, China

Wuhan, which is the capital of Hubei province, is one of the country’s largest transport, industrial and manufacturing hubs.

Posted on 21/03/2023

Silicon Valley Bank Collapse and Credit Suisse Bail Out: Are Our 3 Singapore Banks Safe?

With the collapse of several US banks and the recent bailout of a vaunted Swiss bank, do Singapore banks still qualify as safe investments? The post Silicon Valley Bank Collapse and Credit Suisse Bail ...

Posted on 21/03/2023

Asia Pacific stocks rise as investor worries about global banking turmoil ease

Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whirlwind of intervention by policymakers and industry players.

Posted on 21/03/2023

Stock Market LIVE Updates: SGX Nifty signals a positive start for Dalal Street

Nifty futures on the Singapore Exchange traded 52.50 points or 0.31% higher at 17,076, signalling a positive start for Dalal Street. South Korea’s Kospi index rose 0.5% Australia’s S&P/ASX 200 Index ...

Posted on 21/03/2023

Stock Market Live: Sensex and Nifty 50 poised for a positive start

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher on Tuesday tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, were trading ...

Posted on 21/03/2023

After SVB Collapse, Monetary Authority of Singapore Says City-State’s Banking System Remains Sound, Resilient

The Monetary Authority of Singapore (MAS) recently said that Singapore’s banking system "remains sound and resilient amid heightened volatility." ...

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