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Category: FINANCE

Posted on 02/02/2023

Singapore Bourse May Test Resistance At 3,400 Points

The Singapore stock market on Wednesday ended the two-day losing streak in which it had fallen more than 35 points or 1 percent. The ...

Posted on 02/02/2023

Stock Market Live Updates: SGX Nifty signals a negative start; Asian shares trade higher

Nifty futures on the Singapore Exchange traded 71 points, or 0.40 per cent, lower at 17,629, signaling that Dalal Street was headed for a negative start on Thursday. Following wild swings on the ...

Posted on 02/02/2023

Nifty to fall below 17400 or bears to take a back seat? 8 things to know before share market opening bell

Indian share market likely to open on a negative note, hints SGX Nifty. Global cues mixed after US Fed raises rates by 25 bps. Here are 8 things you need to know before stock market opens.

Posted on 02/02/2023

More using blockchain to bring alternative assets to investors as stock market loses shine

SINGAPORE – Fund raising in public markets has dwindled over the past year in the wake of higher inflation and rising interest rates that have triggered volatility in stocks and bonds. Read more at ...

Posted on 02/02/2023

Stop Scams podcast: Banking industry studying ‘money lock’ which customers can use to secure savings

SINGAPORE – Banking customers may soon be able to keep their savings safer with a “money lock” which allows them to voluntarily set aside a certain amount which cannot be digitally transferred out.

Posted on 02/02/2023

ABB E-mobility private placement sets Sfr2.7bn valuation pre-IPO

With an implied valuation of Sfr2.7bn, ABB e-mobility could have a free-float of 25% after its planned IPO in the second half of the year ABB E-mobility took a group of international investors on ...

Posted on 01/02/2023

CytoMed Therapeutics to Sell 2.41 Million Shares at $4-$5 Each in IPO

By Colin Kellaher CytoMed Therapeutics Pte. Ltd. on Wednesday said it plans to sell about 2.41 million shares at between $4 and $5 apiece in its ...

Posted on 01/02/2023

Standard Chartered Appointed Cash Management Partner and FX Prime Broker for OANDA in USA, UK, and Singapore

Standard Chartered Bank (the "Bank") has been appointed as OANDA’s cash management bank for payments and collections in the United States and United Kingdom; an extension of an existing relationship ...

Posted on 01/02/2023

Standard Chartered joins the DP World Tour as associate partner

With presence in various markets worldwide, the bank hopes to offer exclusive golf experiences to its clients through the partnership Standard Chartered joins the DP World Tour as associate partner DP ...

Posted on 01/02/2023

DP World Tour and Standard Chartered tee-up multi-year banking deal

UK-based financial services firm Standard Chartered receives associate and official banking partner designation through deal with the DP World Tour.

Posted on 01/02/2023

Climate tech investments, positioning Singapore as ESG arbitration centre: PwC’s Budget 2023 wish list

SINGAPORE - Offering incentives for early-stage investments into climate tech solutions, and schemes to refine capital risk charge with respect to green finance, could help strengthen Singapore’s ...

Posted on 01/02/2023

DBS to subsidise 5 million hawker meals amid rising food prices

DBS/POSB announced on Wednesday (Feb 1) that it will subsidise five million meals at hawker centres over the next 12 months, as food prices continue to rise amid inflationary pressures.  Read more at ...

Posted on 01/02/2023

HSBC Singapore completes legal integration of AXA

This enables HSBC to begin its insurance operations in Singapore. HSBC has completed the legal integration of AXA Insurance Pte Limited (AXA Singapore) and HSBC Insurance (Singapore) Pte. Limited. via ...

Posted on 01/02/2023

Some users in SG confused as SMSes from legitimate firms get flagged as ‘likely scam’

A handful of Internet users received SMSes marked as “likely scam” after a new system by the Infocomm Media Development Authority (IMDA) dubbed the SMS Sender ID Registry kicked in on Tuesday to alert ...

Posted on 01/02/2023

Economists mixed on fiscal outlook for FY2023 Budget; UOB sees 0.8% deficit while RHB forecasts 1.0% surplus

Economists are mixed on Singapore’s FY2023 Budget announcement on Feb 14, forecasting different surplus or deficit levels of gross domestic product (GDP) for Singapore’s FY2023 fiscal outlook. For ...

Posted on 01/02/2023

Analysts lift TPs on Genting Singapore following share price rally on China reopening boon

Genting Singapore is undoubtedly one of the best Chinese tourism proxies on the Singapore Exchange, says Maybank Securities.

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