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Category: FINANCE

Posted on 18/11/2022

Briefs: Greening businesses and countries will take time, says Temasek CEO, NoonTalk Media to list on SGX

Follow us on Facebook and join our Telegram channel for the latest updates. Quoteworthy: "Had I been a bit more concentrated on what I was doing, I would have been able to be more thorough." — FTX ...

Posted on 18/11/2022

Photos: DBS opens doors to new, sustainability-driven 11,300 sq. ft employee café

ft of space devoted to advancing team DBS' sustainability agenda. Located in Singapore’s Marina Bay Financial Centre Tower 3, the café’s operations have a host of sustainability features, such as a ...

Posted on 18/11/2022

SGX Nifty rises 56 points: Asian markets firm; FPI buying, market outlook & more

SGX Nifty signals a positive start Nifty futures on the Singapore ... the market-wide position limit (MWPL). No new positions can be created in the derivative contracts of said security. This ...

Posted on 18/11/2022

Singapore’s state-owned Temasek writes down entire US$275 million investment in FTX as fallout from collapsed crypto firm spreads

Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.

Posted on 17/11/2022

These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

A share price jump could indicate investor optimism regarding positive business developments. The post These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

Posted on 17/11/2022

Singapore man linked to scams that duped over 50 victims of $3.7m arrested in Malaysia

The suspect is believed to have procured Singapore bank accounts through various chat platforms such as Telegram and Facebook. Read more at straitstimes.com.

Posted on 17/11/2022

UOB, DBS, OCBC raise fixed home loan rates to up to 4.5%, highest in almost two decades, say analysts

Home loan rates went past the 4 per cent mark on Tuesday (Nov 15) after three major banks here raised their fixed rate packages, with the United Overseas Bank (UOB) being the highest at 4.5 per cent ...

Posted on 17/11/2022

Singapore versus Hong Kong’s 62 IPOs in 2022

As a case in point, this year, when growth in both China and Hong Kong slowed on the back of multiple Covid lockdowns, and mainland and Hong Kong capital made their way to the Lion City, for the 10 ...

Posted on 17/11/2022

Stock Market LIVE Updates: Sensex sheds 150 points, Nifty below 18,400; IRFC jumps 4%, Tata Motors sheds 2%

The fact that Sensex and Nifty are at record closing highs tells us that the Buy on Dips strategy has worked well in this market. Therefore, this strategy can be expected to work, ...

Posted on 17/11/2022

Singapore Firm Weighs $146 Million IPO, Ending Listing Drought

Legend Logistics Ltd. is exploring an initial public offering in Singapore to raise as much as S$200 million ($146 million), according to people with knowledge of the matter, in what would be the ...

Posted on 17/11/2022

Indian National Bhambri Kunal Jailed In Singapore For ‘illegally Withdrawing Fraud Money’

A 26-yr-old Indian citizen, Bhambri Kunal was sentenced to 9 weeks in prison in Singapore after he pleaded guilty to three charges for withdrawing fraud money ...

Posted on 17/11/2022

Singapore’s deputy PM: FTX case has ‘very serious allegations’ that amount to potential fraud

The collapse of crypto exchange FTX has "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday. Lawrence Wong said recent ...

Posted on 17/11/2022

Singapore-China green finance agreement signals regional trend

A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s intentions in the region.

Posted on 17/11/2022

HSBC eyes ‘substantial’ expansion plans from its new Singapore headquarters

The bank’s new office measures more than 140,000 square feet with a 4,000-strong local workforce. It aims to double its wealth business in Singapore by 2025.

Posted on 17/11/2022

OCBC slashes Sats’ target price by about 30% as rights issue an ‘overhang’

Long term investors may stay invested in Sats, but Chu warns that a rights issue could weigh on its near-term share price.

Posted on 17/11/2022

Singapore’s Temasek Writes Off $275 Million Investment In Failed FTX Crypto Exchange

Singapore state-owned investment firm Temasek said Thursday it has decided to write off its $275 million investment FTX, nearly a week after the cryptocurrency exchange filed for bankruptcy.

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