MUCH has been said about what ails the local bourse and numerous suggestions have been put forward regarding how to inject vibrancy into Singapore’s stock market. Read more at The Business Times.
MAS seen loosening policy in October as disinflation stalls: UOB
Core inflation to start easing drastically in Q1 2025. Analysts expect normalization of Singapore's monetary policy via a slight slope reduction will only likely happen in October due to delayed ...
Tight financial conditions to weigh on GDP growth this year: UOB
Rate cuts could stimulate investment and boost consumption overseas. Tight financial conditions globally will continue to weigh on Singapore’s externally oriented sectors for the remainder of the year ...
HSBC launches new climate-focused infrastructure finance unit
Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a ...
UOB Kay Hian raises CICT’s TP to $2.29 following continued enhancement of retail malls
Most notably, CICT’s has commenced its asset enhancement initiatives (AEI) at Level 1 of IMM Building, set for completion in 2025.
UOB remains positive on Vietnam’s economic growth prospects
VOV.VN - The recovery of external and domestic demand, as well as the manufacturing sector, have supported the Vietnamese economy to grow stronger than expected in the first half of 2024.
Declines in DBS, OCBC weigh on STI, which closes marginally down
SINGAPORE - The Straits Times Index (STI) closed at 3,487.91 on July 16, down 11.98 points or 0.3 per cent, as declines in the shares of DBS Bank and OCBC Bank weighed on the benchmark’s performance.
Environmental approval granted for Australian plan to export solar electricity to Singapore
Authorities in Australia's Northern Territory (NT) on Tuesday granted environmental approval for the world's largest renewable energy and transmission project.
Aussie plan to export solar power to S’pore receives environmental approval
CANBERRA: Authorities in Australia's Northern Territory (NT) have granted environmental approval for SunCable's Australia-Asia PowerLink (AAPowerLink) project, the world's largest renewable energy and ...
S’pore economy saw better-than-expected growth of 2.9% in Q2; Q1 growth revised up to 3%
Analysts upgraded their 2024 Singapore growth forecasts after the data release. Read more at straitstimes.com.
Singapore’s H1 private home sales plunged to record low, weakest first half since 2004
This latest tally is even lower than the sales recorded during the global financial crisis and the COVID-19 pandemic ...
$460K outstanding fines collected by Singapore authorities came from 188 foreign motorists
SINGAPORE: Authorities in Singapore recently recovered over $460,000 from 188 foreign motorists from a multi-agency operation earlier this month, agencies said in a joint news release. The Traffic ...
Singapore and US strengthen defence ties with new AI agreement
It builds on the long-standing cooperation between Mindef and the US Department of Defence on technology. Read more at straitstimes.com.
Complex eKYC Hinder Singapore’s Digital Banking Adoption, Says FICO
FICO unveiled its latest research, highlighting that complex identity checks are stalling Singapore's digital banking progress.
Chinese state-owned brokerage to ramp up investment banking business in Southeast Asia
A unit of state-owned brokerage China Galaxy Securities (CGS) plans to expand its investment banking team in Southeast Asia to 50 people next year from 30 now, a senior executive said, betting on a ...
Top 10 Nasdaq/ NYSE traded stocks for Singapore are Magnificent Seven says Tiger Brokers
The top ten most traded NASDAQ / NYSE stocks in Singapore unsurprisingly consist of six of the “Magnificent Seven” stocks, with Tesla emerging as the most popular, followed by Apple, Nvidia, Google, ...