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Posted on 25/01/2023

Singapore cuts Glenveagh stake as Swiss hedge fund nears 19%

GIC sold 17.3 million shares in Glenveagh last Friday, reducing its holding to 6.3 per cent, according to a stock market disclosure issued on Tuesday. This followed the sale of about 4.4 million shares two weeks ago.

Posted on 25/01/2023

Ice Skating: Singapore to send its first technical official to the World Junior Short Track Championships

SINGAPORE - In a first for Singapore ice skating, a technical official from the Republic will be sent to this year’s International Skating Union (ISU) World Junior Short Track Championships. Read more at straitstimes.

Posted on 25/01/2023

We’re still waiting for the dust to settle in China’s property sector, DBS Bank says

Hou Wey Fook of the Singapore bank discusses China's reopening and says it likes "the internet platforms, e-commerce, cloud computing plays." ...

Posted on 25/01/2023

Scammers are increasingly targeting mobile channels: LexisNexis

The LexisNexis Digital Identity Network also reveals that 3.3 billion bot attacks million fraud attacks took place in Asia Pacific between July 2021 to June 2022. Traditional third-party fraud is most ...

Posted on 25/01/2023

3 arrested in Singapore after scattering mysterious substance in front of religious centers

Last week, the police and the Singapore Civil Defence Force (SCDF) were called to investigate a strange incident at the Bible House on Armenian Street after unidentified white substance was found ...

Posted on 25/01/2023

Market LIVE Updates: SGX Nifty futures indicate lower start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open lower on Thursday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index ...

Posted on 25/01/2023

Nifty to top 18250 or profit-booking on cards on monthly F&O expiry? 7 things to know before market opens

Indian benchmark indices are likely to open on a negative note on monthly F&O expiry, hinted SGX Nifty on Wednesday. Here are 7 things you must know before share market opening bell.

Posted on 25/01/2023

RHB maintains ‘buy’ on OCBC Bank amid expectations of a stable 4QFY2022

The RHB analysts expect the bank to post a net profit of $1.55 billion for the quarter, down an estimated 3.5% q-o-q.

Posted on 25/01/2023

Netizens say Singapore is first-world country, but ATM outlet litterbugs don’t reflect first-world citizens

"1st world country but many 3rd world citizen and mindset," said a netizen. "1st world country doesn't mean you are 1st world citizens, leh," said another.

Posted on 25/01/2023

Singapore stocks open strong on Wednesday; STI up 1.2%

SINGAPORE stocks posted strong gains on Wednesday (Jan 25) morning after a holiday-extended weekend. The Straits Times Index (STI) rose 1.2 per cent or 39.39 points to 3,333.10 as at 9.02 am. Gainers ...

Posted on 25/01/2023

Are you a profit-taking hare or a patient tortoise when it comes to investing?

The hare was actually way ahead of its opponent, but it decided to take a nap halfway through the race while it waited for the tortoise to catch up. Follow ST on LinkedIn and stay updated on the ...

Posted on 25/01/2023

A home is still affordable in Singapore unless you expect a luxury house

The Singapore residential property market has defied gravity over the past two years.  Read more at straitstimes.com. ( read original story ...)

Posted on 25/01/2023

Singapore’s 30 most influential lawyers under 40

Amongst the awardees is the youngest fellow of the International Academy of Family Lawyers. Singapore's roster of exceptional lawyers and rich tapestry of laws have allowed it to keep its crown as a ...

Posted on 25/01/2023

Family behind Singapore’s 3-in-1 coffee empire Super Group gets in on oat milk

SINGAPOREAN entrepreneur David Teo made his fortune with Super Group selling 3-in-1 coffee. But visitors to his family office will notice that the decor is an ode to another beverage: oat milk. Read ...

Posted on 25/01/2023

How NZ wages compare with some of the wealthiest countries, from Ireland to Singapore

The Singapore Ministry of Manpower put the median gross monthly income from work for fulltime employed residents at S$5070 (NZ$5980 on January 12) in 2022. As some sort of comparison, Stats NZ said ...

Posted on 25/01/2023

How New Zealand wages compare with some of the wealthiest countries, from Ireland to Singapore

It would be hard to argue against the proposition that many New Zealanders are struggling. The OECD puts the average wage, in purchasing power parities (PPP), in Norway in 2021 at US$58,377 – ...

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