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Category: FINANCE

Posted on 07/10/2022

Two Straits Times journalists win awards for finance reporting at Investors’ Choice Awards

SINGAPORE - Two senior business correspondents from The Straits Times have been singled out for praise at the Investors' Choice Awards presentation ceremony on Friday. Read more at straitstimes.com. ( read original story ...)

Posted on 07/10/2022

Singapore’s central bank says illegal crypto operations will be hunted down

The Monetary Authority of Singapore (MAS) said illegal crypto-related businesses are operating in the city state and it is working with the police to identify and prosecute them. See related article: ... ( read original story ...)

Posted on 07/10/2022

Monetary Authority of Singapore to release policy statement Oct. 14

Singapore's central bank will release its monetary policy statement on Oct.14, according to an update to its calendar on Friday. ( read original story ...)

Posted on 07/10/2022

Singapore stock index is sole winner among developed markets

Singapore’s Straits Times Index has eked out gains of about 1% in 2022, the only developed-market gauge in positive territory in dollar terms. In contrast, a world gauge is down 22% in what could be ... ( read original story ...)

Posted on 07/10/2022

This Singapore-Based Accelerator and VC Is Raising a $100M to Catalyze the Growth of Web3

The founding partner of LongHash Ventures discusses its Fund II and why people should care about the crypto landscape. ( read original story ...)

Posted on 07/10/2022

Singapore banks may dial down loan growth targets but still outperform broader market: analysts

Rising uncertainty is clouding the outlook for banks in Singapore, as subdued growth in banking system loans point to headwinds for loan growth targets, note RHB Group Research analysts. Among the ... ( read original story ...)

Posted on 06/10/2022

Singapore’s central bank warns not all crypto activities are regulated

The Monetary Authority of Singapore (MAS) has said that some crypto-related activities are unregulated and it would not know the number of companies interested in setting up a crypto firm in the ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is sole winner among developed markets this year

Until the Fed slows or pivots, developed markets probably won’t catch up with Singapore, said Daniel Dubrovsky. ( read original story ...)

Posted on 06/10/2022

Banks in Singapore lift fixed deposit rates further with latest round of promotions

The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)

Posted on 06/10/2022

Rich Mainland Chinese Snap up Luxury Homes in Singapore Despite Tax Hikes

Wealthy mainland Chinese have been the top foreign buyers of expensive private properties in Singapore this year as the city-state reaps the benefits of post-pandemic reopening and a relatively strong ... ( read original story ...)

Posted on 06/10/2022

Wealthy Chinese nationals snap up luxury homes in Singapore despite tax hikes

SINGAPORE: Wealthy Chinese nationals have been the top foreign buyers of expensive private properties in Singapore this year as the country reaps the benefits of post-pandemic reopening and a ... ( read original story ...)

Posted on 06/10/2022

Fixed deposit rates rise further in Singapore with latest round of bank promotions

The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)

Posted on 06/10/2022

Asia Innovations SPAC Listing: Based In Singapore, But Made In China

Asia Innovations Group Ltd. announced it would make a backdoor listing in New York using a SPAC called Magnum Opus Acquisition Ltd. Click here to read more. ( read original story ...)

Posted on 06/10/2022

Homeowners in shock after DBS, OCBC & UOB hike home loan fixed interest rate

Some homeowners who opted for a bank loan to finance their mortgage have been left in shock after the three major local banks announced yesterday (Oct 4) that the fixed interest rate for housing loans ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is developed markets’ sole winner

SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state Singapore’s Straits Times Index has eked out gains of about 1% in 2022, ... ( read original story ...)

Posted on 06/10/2022

Multibagger IPO: Singapore-based FPI raises stake in this small-cap company

Within a fortnight, this is for the second time when Singapore-based FPI has bought stake in this small-cap BSE listed company. On 21st September 2022, Nav Capital VCC- Nav Capital Emerging Star Fund ... ( read original story ...)

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