Singapore's GIC has bought a majority stake in Mediterranean luxury beach resort Sani/Ikos Group (SIG), valuing the company at 2.3 billion euros ($2.27 billion), the companies said in a joint ... ( read original story ...)
Singapore’s largest bank expands crypto trading services for its 100,000 clients
The expansion of the crypto sector is ushering more financial institutions into offering crypto services, including Singapore’s largest bank. ( read original story ...)
Explainer: As US Fed flags more aggressive interest rate hikes, could Singapore mortgage rates hit 20-year highs?
Investors and financial markets were spooked overnight when the United States Federal Reserve (US Fed) not only aggressively hiked interest rates ... ( read original story ...)
Singapore inflation near 14-year high boosts tightening bets
Singapore’s key core inflation gauge held near a 14-year high in August, further solidifying bets that the central bank will tighten policy at its meeting next month. ( read original story ...)
DBS temporarily removes fixed rate home loans amid ongoing review
Banks have been making revisions to their home loan rates this year as global central banks embark on a rate-hike race to tame inflation. ( read original story ...)
Stock Market LIVE Updates: Sensex falls 400 points, Nifty nears 17,500; Tata Steel jumps 4%, M&M Financial tanks 7%
In an attempt to consolidate its metal business, the Tata Group on Friday announced the merger of seven of its metal companies into Tata Steel. The decision was taken at a board meeting of the company ... ( read original story ...)
Sebi gets ‘serious’ with tighter IPO oversight
The Securities and Exchange Board of India (Sebi) is boosting its oversight of the country’s IPO market in a bid to bring valuations in check and improve due diligence of issuers — moves that market ... ( read original story ...)
Tightening in focus as Singapore Aug inflation stays elevated
Singapore's key consumer price gauge rose again in August at its fastest pace in more than 13 years, official data showed on Friday, driving market expectations the central bank will consider another ... ( read original story ...)
Singapore August core inflation rises 5.1% vs forecast 5.0%
Singapore's key consumer price gauge rose 5.1% in August, slightly more than forecast, driven by larger increases in the prices of services and food, official data showed on Friday. ( read original story ...)
Singapore’s core inflation rises to 5.1% in August, inching towards 14-year high
SINGAPORE: Singapore's core inflation rose further to 5.1 per cent in August, driven mainly by stronger increases in the prices of food and services, official data showed on Friday (Sep 23). This is h ... ( read original story ...)
Indian national convicted of corruption in shipping company deals in Singapore
A 51-year-old Indian national was on September 22 convicted of seven corruption and related charges for committing the offences while working as a managing director of a department of an international ... ( read original story ...)
DBS opens up digital exchange for accredited wealth investors to trade crypto
The bank's wealth clients will be able to trade four cryptocurrencies - Bitcoin, Bitcoin Cash, Ether and Ripple. Read more at straitstimes.com. ( read original story ...)
CNA Explains: How the Russia-Ukraine war drove up LNG prices and what this means for Singapore
As the war in Ukraine drags on, LNG prices will remain elevated, say analysts. How will Singapore be affected and are there viable energy alternatives? ( read original story ...)
Hong Kong replaced by Singapore as Asia’s top finance centre
Hong Kong has lost its crown as Asia's premier finance centre to Singapore in a global ranking list where New York and London maintained their number one and two spots. Singapore jumped three places t ... ( read original story ...)
How Singapore Changi Avoided Chaos Following Passenger Recovery
The international hub has thus far managed to avoid making headlines for long queues, delays, or even baggage mishandling issues. ( read original story ...)
Singapore Overtakes Hong Kong in World Financial Centers Ranking
Singapore has overtaken Hong Kong to become Asia’s top financial center — and the third in the world — according to a new report that puts New York and London in the first and second spots.Most Read ... ( read original story ...)