Singapore stocks rose on Tuesday, August 6, rebounding from a global market slump where all three major Wall Street indices declined. The Straits Times Index (STI) climbed 0.8%, gaining 24.79 points ...
Singapore Fintech Deal Activity Rises Amid Declining Investments; Cryptocurrency, Blockchain, and Payments Lead Funding
Singapore’s fintech deal count rose by 19 percent to 117 deals in H1’24, but total deal volume fell 34 percent to US$522.89 million in H1’24 amid economic uncertainties. Investment in cryptocurrency ...
PAG-Backed Nuvama Targets Indian Wealth in Dubai, Singapore
The private-banking arm of Nuvama Wealth Management Ltd. has begun operating in Dubai and expects to begin business in Singapore in the next quarter, looking to tap the wealth of the Indian diaspora ...
Markets bid to recover from brutal sell-off but fears linger; Singapore share index down 0.7%
SINGAPORE - Margin calls pushed the Singapore market further south on Aug 6 even as other Asian ... “Now is the best time to pick up the favourite stock you’ve been eyeing for a while, at a valuation ...
$8.5 trillion wiped out from global stock markets but are recession fears premature?
The pillars that had underpinned financial-market gains for years have been shaken. Read more at straitstimes.com.
FirstCry IPO: Issue subscribed 2% on Day 1, employees buy 44% of allocated portion
Marquee institutional investors including Government of Singapore, Monetary Authority of Singapore ... aims to raise Rs 4,193.73 crore through an initial share sale. The IPO is a combination of fresh ...
Revolut Introduces Business Banking Platform to Singapore Market
Revolut has introduced its business-to-business platform, Revolut Business, in Singapore, marking its first venture into the Asian market.
No reason to panic despite sharp market sell-off: OCBC, StashAway
Markets in Asia Pacific saw broad-based selling with Japanese equities experiencing the sharpest sell-off in the region, with the Nikkei 225 index down more than 12% partly because of the yen’s sharp ...
CapitaLand Ascott Trust bags $165 million OCBC sustainability-linked loan
Trust said to have “greened” 51 per cent of its global portfolio by gross floor area. Read more at straitstimes.com.
Bitcoin Claws Back From Steep Losses as Crypto Traders Buy Dip
Bitcoin inched back to briefly top $56,000 on Tuesday after a bout of risk aversion in global markets inflicted steep losses on most major cryptocurrencies.
Malaysia, Singapore offer unique approaches to cryptocurrency supervision: experts
The growth of financial technologies, including blockchains and cryptocurrencies, depends on how well the legal system can adapt. Globally, as the legal status of cryptocurrencies remains ambiguous, ...
‘How am I going to pass my O-Levels’: Students lose notes due to Mobile Guardian hack
We didn’t even know that this was going to happen, so it just caught us all off guard,” said one Secondary 4 student who discovered her notes were gone just as she sat down to revise.
Kitefoiling: Singapore’s Maximilian Maeder tops fleet after first five races
Games debutant Maeder has now accumulated 11 net points after five races in the opening series. He leads Slovenia’s Toni Vodisek, who also has 11, and Austria’s Valentin Bontus (12). At the Marseille ...
Sembcorp to invest $700 million in green urban initiatives; first-half profit down 11%
It announced an interim dividend of six cents per share, which will be paid on Aug 22. Read more at straitstimes.com.
Singapore, Vietnam seek broader co-operation in securities and finance
VOV.VN - Minister of Finance Ho Duc Phoc and Second Minister for Finance of Singapore Chee Hong Tat witnessed the signing ceremony of a Memorandum of Understanding (MoU) between the Vietnam Stock ...
POP MART’s largest Singapore store where a toy factory adventure awaits!
As anticipation builds for the POP TOY SHOW, the global leader in designer toy collectibles has opened its door to yet another outlet in Singapore. And this isn’t just any outlet — it’s Singapore’s ...