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Category: FINANCE

Posted on 17/01/2023

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 ...

Posted on 17/01/2023

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.

Posted on 17/01/2023

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 ...

Posted on 17/01/2023

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.

Posted on 17/01/2023

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 ...

Posted on 17/01/2023

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 ...

Posted on 17/01/2023

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 ...

Posted on 17/01/2023

Stock Market LIVE Updates: Sensex flat, Nifty above 17,900; Nykaa falls 4%, Delhivery 2%

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...

Posted on 17/01/2023

Nomura cuts 18 Asia banking jobs as dealmaking slows -sources

Nomura Holdings Inc 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 ...

Posted on 17/01/2023

Singapore Jails Former CFO 20 Years for Defrauding Over Dozen Banks

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 $500 ...

Posted on 17/01/2023

Reformative training for man linked to phishing scams involving OCBC customers

He will be detained in a centre to follow a strict regimen that can include foot drills and counselling. Read more at straitstimes.com.

Posted on 17/01/2023

Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade lower

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...

Posted on 17/01/2023

Market LIVE Updates: SGX Nifty futures indicate a flat to positive start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open flat or with minor gains on Tuesday after a volatile session on Monday. Singapore Exchange Nifty futures, an early indicator of ...

Posted on 17/01/2023

SGX Nifty down 11 points; here’s what changed for market while you were sleeping

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday.

Posted on 17/01/2023

DBS remains bullish on SIA following December operating stats; CGS-CIMB downgrades to “hold”, citing limited upside

DBS Group Research’s Paul Yong has kept his “buy” and $6.60 target price on Singapore Airlines, following the flag carrier’s update that it achieved record high passenger load factor of 89.7% in ...

Posted on 17/01/2023

Have S$20,000? 4 Singapore Blue-Chip Stocks to Consider for Your Portfolio

If you’ve just received your bonus, here are four dependable blue-chip stocks that you can park the money in. The post Have S$20,000? 4 Singapore Blue-Chip Stocks to Consider for Your Portfolio ...

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