Leon Cooperman’s hedge fund pulled out of U.S. Treasuries and instead bought multi-million-dollar stakes in Singaporean technology conglomerate SEA Ltd and American outsourcing giant KBR in the first quarter of 2024,
5 Cutting-Edge Insurtech Solutions from Singapore to Know About
The Singapore insurtech market size in terms of investment value is expected to grow from US$225.08 million by 2029
Centre to help Singapore fight online harms launched, gets $50m funding
The centre will focus on building and customising tools to detect harmful content. Read more at straitstimes.com.
Singapore stocks open higher on Thursday following global market gains—STI climbed by 0.5%
Banking stocks performed well in early trading. DBS rose by 0.3% or S$0.12 to S$35.43. UOB increased by 0.3% or S$0.10 to S$30.05, and OCBC was up by 0.3% or S$0.04 to S$14.39.
How to keep the Singapore market’s free-float market cap from falling further
To offset the market's falling free float market cap, we need more stocks, more liquidity, higher free floats and prices
Singapore tourist arrivals dip to 1.36m in April, after March’s Taylor Swift-led high
Indonesia overtook China to become the top source of arrivals in April, with 243,893 visitors. Read more at straitstimes.com.
Singapore Airlines Staff to Get Nearly 8 Months of Bonus After Record Profit: ST
Singapore Airlines Ltd. staff, including pilots, may get a profit-sharing bonus of 7.94 months, the Straits Times reported, citing an announcement it had seen from chief executive officer Goh Choon Phong.
Singapore Shares Likely To Reverse Wednesday’s Losses
The Singapore stock market on Wednesday ended the four-day winning streak in which it had advanced almost 50 points or 1.5 percent.
Singapore shares advance after global indices hit all-time highs; STI up 0.5% at Thursday’s open
SINGAPORE stocks started Thursday (May 16) on a strong note tracking overnight gains in global markets, after US core inflation hit its slowest in three years and retail sales turned flat, fuelling rate-cuts hopes.
Singapore’s Lawrence Wong Sworn In As New Prime Minister
Singapore swore in Lawrence Wong as the city-state's new prime minister in a ceremony broadcast live on television on Wednesday after Lee Hsien Loong stepped down following two decades in office.
Singapore Airlines posts record annual profit, flags challenging macro
Singapore Airlines (SIA) posted its highest ever annual profit on Wednesday, as robust demand for air travel drove record passenger revenue and load factors.
Singapore PM sworn in, in carefully planned succession
Singapore’s deputy leader Lawrence Wong was sworn in as the nation’s fourth prime minister on Wednesday in a carefully planned political succession designed to ensure continuity and stability in the Asian financial hub.
Singapore Airlines posts record annual profit
Singapore Airlines (SIA) posted its highest ever annual profit on Wednesday, as robust demand for air travel drove record passenger revenue and load factors.
Singapore Home Sales Drop on Weaker Demand for Projects
Sales of new homes in Singapore fell after a brief surge, in a sign of fragile sentiment in the nation’s once-booming property market.
Singapore’s Riches Grew Under Its Leader. So Did Discontent.
Prime Minister Lee Hsien Loong, who is stepping down after nearly 20 years, oversaw astounding successes, but some Singaporeans want a different kind of politics.
Singapore stocks fall at Wednesday’s open; STI down 0.4%
SINGAPORE shares dipped on Wednesday (May 15) morning, dragged mainly by index counter declines after a global rally overnight. Read more at The Business Times.