Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on Wednesday amid largely positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the ...
Olam Agri Singapore-Saudi dual listing could raise $1bln -sources
Singapore state investor Temasek Holdings owns 51% in Olam and Japanese trading house Mitsubishi Corp (8058.T) owns 14.4%. The sources with direct knowledge of the IPO told Reuters it could raise ...
Emergence of ‘finfluencers’ helps raise awareness about finance, but licensed advisors question knowledge, partiality of some
One of their followers is Mr Abraham Kang, who owns a finance consultancy business and is also a financial advisor licensed by the Monetary Authority of Singapore (MAS). “The Weeblings also ...
Singapore offering five-year visa program to attract wealthy foreigners
Singapore's new five-year visa program officially came into effect this month as the city state seeks to woo wealthy foreigners and bolster post-pandemic economic recovery.
Weekout (Jan 23): Light to Night Festival, UOB Art Gallery, Disney On Ice, Revolver, The Macallan
Themed “Here and Now”, the event calls for reflection of one’s time and environment and draws attention to art as a platform to document and respond to one’s lived experie ...
Fremont solar energy business Nextracker to test its $3B valuation in an IPO
The last major IPO by a Bay Area-based tech company was by Credo Technology Inc., a San Jose-based data infrastructure business that raised $200 million in January 2022.
Temasek-backed data centre operator explores over US$1 billion IPO, sources say
"As with many businesses of our size and scale, we are constantly exploring all options to optimize our capital structure" ...
Top two ranked golf players Lydia Ko & Nelly Korda head field for 2023 HSBC Women’s World Championship
They held the No. 1 ranking during 2022 and will be looking for a strong start in 2023 to hold or reclaim their position at the top of the Rolex Women’s World Golf Rankings, with only 0.49 points ...
Singapore jails former CFO for 20 years for defrauding over a dozen banks
Lim Beng Kim duped 16 financial institutions into granting at least US$586.5 million to Agritrade and its units.
Singapore jails former CFO 20 years for defrauding over dozen banks; caused RM2.1bil in losses
Lim Beng Kim, a former chief financial officer of commodities firm Agritrade International Pte, was sentenced to 20 years jail in Singapore for defrauding over a dozen banks and causing almost US$500 ...
Can Singapore stay a safe haven this year?
With the Lunar New Year now approaching, analysts are busy forecasting what the rest of the year will be like for stocks.
Singapore stocks slide in line with most Asian bourses
SINGAPORE - Singapore shares slid in line with the declines recorded at most Asian bourses on Tuesday (Jan 17), amid reports of the Republic’s December exports having plunged by their steepest level ...
Nomura cuts 18 Asia banking jobs, including in Singapore: Sources
Nomura Holdings has cut 18 Asian banking jobs, most of them China-focused investment roles, after a sharp slowdown in dealmaking activity, according to two sources with direct knowledge of the matter.
DBS Group Holdings: Play on dividend growth from higher earnings and Basel IV
As we move into 2023, banks are likely to start phasing in Basel IV in July with banks being given five years for total implementation. And DBS Group Holdings is a major beneficiary. As DBS group CEO ...
In investing, stick with the familiar while always learning
INVEST in what you know is generally a good mantra to follow. I got burnt when I first started actively buying shares in the 1990s, by mainly speculating in Malaysian counters that traded here on the ...
What is Singapore’s largest real estate investment deal in 2022?
The transaction was worth S$2.16 billion. The year 2022 can be described as a roller coaster. According to a Knight Frank report, this began with the euphoria stemming from the reopening of economies ...