The Straits Times Index (STI) rose 0.1 per cent or 2.44 points to close at 3,064.29, with real estate investment trusts (Reits) leading the gainers.
Skyroot Aerospace raises $27.5 million in pre-Series C round led by Singapore’s Temasek
Spacetech startup Skyroot Aerospace, which successfully fired India’s and South Asia’s first privately built rocket in November 2022, has raised US $27.5 million (approx. Rs 225 crore) in a pre-Series ...
Sheffield Green closes at S$0.19 on Catalist debut, 24% below IPO price
SHEFFIELD Green, which provides human resources for the renewable energy sector, closed at S$0.191 on its trading debut on the Singapore Exchange’s (SGX) Catalist board on Monday (Oct 30) – 23.6 per ...
Singapore plans to redevelop Woodlands CIQ to make full use of Causeway’s capacity, PM Lee says
JOHOR BARU, Oct 30 — The Singapore government will commit to enhancing and making full use of the Causeway’s capacity connecting it with Johor, which will see a redevelopment of the current Woodlands’ customs, immigration and quarantine (CIQ ...
HSBC plans US$3 billion share buyback, CEO touts capital strength
I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...
HSBC Q3 profit misses estimates, to buy back US$3 billion of shares
HSBC Holdings reported on Monday a 240 per cent increase in third-quarter pre-tax profit as higher interest rates boosted the bank’s profitability and helped it fund a fresh US$3 billion share buyback ...
HSBC gives $3bn boost to investors as profits double
HSBC saw profits in the third quarter more than double to $7.7 billion thanks to higher interest rates, figures likely to lead to fresh calls for banks to boost savings rates. The London-listen lender ...
Singapore, Malaysia to deepen business links following PM Lee and Anwar’s annual retreat
SINGAPORE and Malaysia have agreed to deepen business collaborations at an annual retreat between leaders of the two countries, who highlighted the need to strengthen ties amid global uncertainty. Read more at The Business Times.
Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business
Second Chance’s securities business witnessed significant increase in revenue, up 35.3% to $18.29 in FY2023. This was primarily attributed to a higher level of dividends received from quoted securities as the company expanded its investments in these securities.
Johor-Singapore Special Economic Zone MOU to be signed in January
SINGAPORE and Malaysia aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) next January, leaders of both countries said at an annual retreat on Monday.
Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million
Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million: Our Bureau, Bengaluru Monday, October 30, 2023, 16:10 Hrs [IST] Strides Pharma Sc
Singapore’s diplomatic relations with Israel ‘no reason’ to cause difficulty with Malaysia: PM Lee
Malaysia Prime Minister Anwar Ibrahim said his country and Singapore share a common position in that they both voted in favour of a United Nations resolution to protect civilians amid the Israel-Hamas war.
Malaysia’s Gentari, Singapore’s GIC to produce, export green ammonia from India
SINGAPORE, Oct 30 (Reuters) - Malaysia's Gentari, a renewable energy unit of Petronas, and Singapore sovereign wealth fund GIC on Monday signed an agreement to produce up to 5 million metric tons per annum (mtpa) of green ammonia in India by 2030.
How tokenisation unlocks ‘US$3 trillion opportunity’ in Asia’s retail investment market
Private firms are exploring tokenisation of real-world assets such as carbon credits as a means to open up niche markets to millions of small retail investors.
Bank customers in SG advised to switch to push notifications as they are more secure than SMSes
SINGAPORE: Consumers should switch to push notifications instead of SMS alerts for digital banking because they are safer and more secure, experts told The Straits Times.
Singapore’s central bank proposes engagement, over divestment, for decarbonising finance firms
Experts have lauded the Singapore regulator's transition planning guidelines as one of the most comprehensive for the financial sector thus far, but call for more clarity over when divestment could be ...