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Category: FINANCE

Posted on 14/11/2022

Singapore FinTech Festival 2022 sees Record Turnout from the Global FinTech Community

The seventh edition of the Singapore FinTech Festival (SFF), which concluded on 4 November 2022, attracted more than 62,000 participants from over 115 countries. This was the largest SFF gathering ...

Posted on 14/11/2022

UnionBank ‘Techs Up’ anew at the 2022 Singapore FinTech Festival

UnionBank stood out on the global stage at the recently-concluded Singapore FinTech Festival (SFF) for the fifth consecutive year as the lone Filipino bank gold sponsor bannering the “Tech Up ...

Posted on 14/11/2022

Singapore Exchange’s (SGX:S68) five-year earnings growth trails the respectable shareholder returns

To wit, the Singapore Exchange share price has climbed 22% in five years, easily topping the market decline of 22% (ignoring dividends). Since the stock has added S$694m to its market cap in the past ...

Posted on 14/11/2022

SGX Nifty rises 16 points: NMDC, IRCTC ONGC Q2 results; Keystone Realtors IPO & more

Nifty futures on the Singapore Exchange quoted 16.50 points, or 0.09 per cent, higher at 18,452.50, hinting at a positive start for the domestic market on Monday.

Posted on 14/11/2022

Share Market LIVE: Nifty, Sensex stare at positive start, Asian stocks rise; Keystone Realtors IPO opens today

Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open in green and continue upward movement.

Posted on 13/11/2022

Open letter: Did Temasek invest Singapore’s reserves in “highly speculative” companies with due diligence?

I read that Temasek participated in all 3 rounds of FTX’s fundraising. Should Singapore’s SWFs (including Temasek) invest in companies/funds with “highly speculative nature of the business model and ...

Posted on 13/11/2022

Singapore bank DBS uses DeFi to trade FX and state securities

Singapore’s DBS Bank has launched a trading test of FX and government securities using private DeFi pools on a public blockchain.

Posted on 13/11/2022

Singapore’s First REIT in hunt for MPT’s Healthscope property portfolio

Singapore healthcare real estate investment trust First REIT is pursuing the portfolio of Healthscope properties that were purchased by Medical Properties Trust in 2019 for 1.2bn.

Posted on 13/11/2022

NoonTalk IPO: 5 Things To Know About NoonTalk, The Media Company Founded By Dasmond Koh, Looking To List On SGX

Dasmond Koh doesn't just host the Sheng Siong show. He is also running a business that intends to list on the SGX. The post NoonTalk IPO: 5 Things To Know About NoonTalk, The Media Company Founded By ...

Posted on 12/11/2022

DFSA Fines Dh4.11M On Bank Of Singapore

The Dubai Financial Services Authority (DFSA) has imposed a fine of $1,120,000 (Dh4,113,200) on the DIFC branch of Bank of Singapore Limited for ...

Posted on 12/11/2022

Inox Green Energy IPO subscribed 46% on day 1 on Friday. Check GMP, key details

IPO got subscribed 46% on the first day of subscription on Friday and received bids for 3.05 crore shares against 6.67 crore shares on offer, according to the NSE data. The portion for Retail ...

Posted on 12/11/2022

S$1 spent = 1 yuu Point, up to 30x multiplier on everyday purchases till Jan. 2023 with yuu, a new loyalty programme in S’pore

The main difference between yuu and everything else out there at the moment is that yuu is a brand coalition loyalty programme. This means that it is an ecosystem for people to ea ...

Posted on 12/11/2022

Top Stock Market Highlights of the Week: ST Engineering, StarHub, SATS and Meta Platforms

We delve into the latest earnings from two companies and also recent corporate developments at both ST Engineering and Meta Platforms. The post Top Stock Market Highlights of the Week: ST Engineering, ...

Posted on 12/11/2022

Singapore’s central bank partners New York Fed to explore wholesale CBDCs

The Monetary Authority of Singapore (MAS) has partnered The New York Innovation Center of the Federal Reserve Bank of New York, to study if wholesale central bank digital currencies (wCBDCs) can make ...

Posted on 12/11/2022

Joint news release: OCBC Bank and NTU Singapore to embark on a $5 million research collaboration

OCBC Bank and Nanyang Technological University Singapore (NTU Singapore) today announced that they have embarked on a S$5 million research collaboration over the next five years, to develop innovative ...

Posted on 11/11/2022

Singapore stocks surge as US inflation begins to slow; STI up 1.7%

The more benign American inflation figures that turbocharged Wall Street overnight worked their magic in the region as well on Friday. Read more at straitstimes.com.

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