However, Citi Research’s Brandon Lee has reiterated his “sell” rating on CDLHT with an unchanged target price of $1.15, citing Far East Hospitality Trust (FEHT) as a “better proxy”, given its 100% ...
Singapore’s ABSD rate hike: The winners and the losers
Singapore increased the ABSD for all residential statuses by 3% to 30%. Real estate experts are calling the recent Additional Buyer Stamp Duties (ABSD) rate hike "punitive," having more negative than ...
US lawmakers push SEC to order audit of Shein ahead of planned IPO, over Uygur forced labour fears
A group of US representatives is asking the Securities and Exchange Commission (SEC) to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it verifies it does not use ...
Singapore’s banking trio ‘outperforming pretty well,’ SGX strategist says
Geoff Howie, markets strategist at the Singapore Exchange, says "the grip that macro trends are having on … important sectors is dissipating somewhat." ...
Singapore ‘cannot afford to outbid the big boys’ to attract investments, says DPM Wong | Video
As major economies mobilise large sums of money to build up their own strategic industries, Singapore “cannot afford to outbid the big boys” to attract investments from multinational corporations, ...
Steady Start Called For Singapore Shares
Ahead of Monday's Labor Day holiday, the Singapore stock market had finished lower in four straight sessions, slumping more than 50 ...
Stock Market Live: Sensex, Nifty 50 to open with minor cuts as indices resume trading after long weekend
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open with minor cuts on the first trading day of the truncated week. Singapore Exchange Nifty futures, an early indicator of the ...
Rising from the Crypto Winter: Play It Forward Transforms into PIF Nation
Play It Forward (PIF), the leading SEA gaming platform, has announced its transformation into PIF Nation, marking its commitment to empowering gamers globally through fresh opportunities, resources, ...
Singapore’s DBS Bank posts record first-quarter profit, beating estimates
Singapore banks have benefited from a strong inflow of deposits amid global uncertainty due to their status as a financial safe haven.
Maiden ASEAN-India Maritime exercise starts in Singapore! Ten countries to participate
The week-long drills (May 2-8, 2023) aimed at “enhancing interoperability and exchange of best practices among participating navies" is expected to be inaugurated by Indian Chief of Naval Staff Admiral R Hari Kumar.
Singapore Deputy PM allays property price fears
SINGAPORE: Prime Minister-in-waiting Lawrence Wong used a May Day rally to address concerns over a red-hot property market fuelling economic inequality, saying citizens will always have affordable homes.
US lawmakers ask SEC to halt Shein IPO over Uyghur concerns: report
US lawmakers have reportedly asked the US Securities and Exchange Commission to halt Shien's proposed initial public offering until it is able to prove it doesn't use Uyghur forced labor to ...
Singapore bank DBS Q1 profit jumps 43% to new high, beats estimates
SINGAPORE, May 2 (Reuters ... Yantoultra graduated with an MBA in Finance from Universiti Putra Malaysia in 2010. A U.S. judge in California on Monday declared a mistrial in Masimo Corp's potential ...
Singapore’s DBS bank posts record Q1 profit, beating estimates
SINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported record first-quarter profit on Tuesday, rising a stronger-than-expected 43% from a year earlier on a higher net interest margin, ...
Home can be our best safe haven when it comes to investing in bonds
A good mix of Singdollar and US dollar bonds could be beneficial to an investor’s portfolio. Read more at straitstimes.com.
Singapore bank DBS reports Q1 profit jumps 43% to new high
Singapore's biggest bank, DBS Group, reported a 43% jump in quarterly profit on Tuesday to a record high, citing higher net interest margin, sustained business momentum and resilient asset quality.