RHB Research has cut its target price for DBS by 7.6 per cent to S$33 from S$35.70, but maintained its “neutral” call on the stock, it said in a report on Friday (Jun 23). Read more at The Business ...
Singapore’s core inflation eases to 4.7% in May
Singapore’s core inflation eased to 4.7 per cent year-on-year in May, official data showed on Friday (June 23).
Crypto Expo Asia Draws over 10,000 Visitors to Singapore to Conclude Successful Second Run
Future editions of the conference in Dubai and Miami will rebrand to Blockchain Expo Global SINGAPORE, June 23, 2023 /PRNewswire/ -- Crypto Expo Asia, one of the region's leading crypto conferences and exhibitions, recorded its largest attendance in the ...
Singapore May Core Inflation Rises 4.7% Y/y, Matches Forecast
Singapore's key consumer price gauge rose 4.7% year-on-year in May, official data showed on Friday. The May core inflation rate - which excludes private road transport and accommodation costs - eased from the 5% seen in April and matched a Reuters poll of economists.
Businesses prepare for rise in demand for masks and air purifiers, as Singapore braces for haze season
With the double whammy of an expected El Nino and a positive Indian Ocean Dipole, this year’s dry season could be more intense and prolonged compared to recent years, lasting until October.
Singapore jails woman for swindling Pokemon card buyers
SINGAPORE: After being told by a woman in Singapore that he would receive a discount on each case of Pokemon cards from his bulk purchase on Carousell, one buyer paid her close to S$80,000 (US$60,000) ...
Singapore kicks off the world’s first Olympic Esports Week
Singapore is hosting the inaugural Olympic Esports Week where over 100 athletes from around the world are competing across 10 virtual sports. This is the first live, in-person edition of the virtual ...
Phishing and ransomware dominate Singapore’s cyber threat landscape
Phishing attempts and ransomware continued to pose a significant threat to organisations and individuals in Singapore in 2022 even though there are signs that cyber hygiene is improving in the ...
Singapore is taking ‘baby steps’ with new events like Olympic Esports, says minister of state
Alvin Tan, Singapore's minister of state for culture, community and youth, as well as trade and industry, says "we're bullish about esports, we're bullish about the melding of virtual and physical worlds.
China’s Penglai crude shipments land in Singapore, Malaysia -data
SINGAPORE, June 22 (Reuters) - Two crude cargoes loaded from China's Penglai oilfields arrived at Singapore and Malaysia in May and June, Refinitiv data showed, an unusual export from the world's largest crude importer. Aframax-sized tanker Elephant loaded ...
‘Add’ these three property names as Singapore releases highest residential land supply since 2013: CGS-CIMB
With the government releasing the highest residential land supply since 2013, CGS-CIMB Research analyst Lock Mun Yee remains “neutral” on the property development and investment sector. ( read original story ...)
Briefs: MAS penalises Citi, DBS and OCBC for breaches of anti-money laundering requirements; Grab cuts 1,000 jobs
Quoteworthy: "That’s what the great embarrassment for dictators — when they didn’t know what happened." - US's Joe Biden.
UOB Kay Hian re-initiates ‘buy’ on Manulife US REIT with TP of 47 US cents
The "buy" call came as analyst Jonathan Koh sees the negatives as largely priced in within the REIT’s unit price ...
Cryptocurrency roundup for June 23: CACEIS enters crypto realm, Ripple approved in Singapore, Binance accuses SEC and more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin as Collateral
The trade was executed on the regulated Clear Markets platform and involved bitcoin as collateral. The risk management techniques involved were consistent with ISDA's requirements for uncleared derivatives.
Singapore durian lovers rejoice as prices plunge
A record-breaking heat wave earlier this year has also affected the quality of the fruit, helping to push prices lower. That’s all good news for durian enthusiasts in Singapore, which imports more ...