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Posted on 15/02/2023

Stock Market LIVE Today: Sensex, Nifty50 likely to open weaker as indicated by SGX Nifty futures; ONGC, ITC in focus

Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty50 index — are down 67 points or 0.4 per cent at 17,860.5 at this hour, suggesting a weak start ahead on Dalal Street. Earlier ...

Posted on 15/02/2023

Steady Start Eyed For Singapore Stock Market

(RTTNews) - The Singapore stock market has moved lower in back-to-back sessions, sinking more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the ...

Posted on 15/02/2023

Setting this year’s budget was a ‘very delicate balancing act,’ says Singapore minister

Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong discusses the 2023 budget that was delivered in parliament on Tuesday. He says it was a challenge to find a "sweet spot" as ...

Posted on 15/02/2023

Budget 2023: Singapore to see slight deficit again but shifts stance from fighting pandemic

Singapore expects to narrow its deficit from $2 billion for FY2022 to $0.4 billion for the coming FY2023, as the country puts behind funding required to deal with the pandemic, and focus more on ...

Posted on 15/02/2023

Binance CEO: crypto industry will probably move to non-dollar stablecoins

The crypto industry will “probably” start using euro, yen, or Singapore dollar based stablecoins in the future, reducing its reliance on US dollar based stablecoins, according to a Feb. 14 statement ...

Posted on 15/02/2023

One of the world’s largest sovereign wealth funds has hit the brakes on investing in China amid fears about Beijing’s leadership, report says

Singapore's sovereign wealth fund, GIC, has significantly reduced its private investing in China, sources told the Financial Times. Reasons include Xi Jinping's "common prosperity" campaign and fears ...

Posted on 15/02/2023

Singapore Prime Minister’s brother questions decision not to prosecute Keppel O&M ex-officials implicated in bribery scandal

In a commentary published on The FCPA Blog, a publication which covers enforcement actions under the US Foreign Corrupt Practices Act (FCPA), the younger Lee noted that Keppel O&M — in which the ...

Posted on 15/02/2023

Singapore Just Relaxed Its COVID-19 Entry Protocol — What to Know

Soo Hau Jun/Getty Images As the world continues to reopen to travelers, Singapore is taking a major step in reducing travel requirements for entry into the country. In a recent announcement from ...

Posted on 15/02/2023

Jupiter Asset Management chooses head of Asia

Singapore-based Madeline Han took up the role of head of Asia, as Jupiter AM also promoted two regional heads of sales.

Posted on 15/02/2023

Singapore business banking startup Aspire raises $100M

Aspire, a Singapore-based B2B banking startup, announced today that it raised $100 million in Series C funding led by Lightspeed and Sequoia Capital SEA. Why it matters: Despite a slowdown in fintech ...

Posted on 14/02/2023

HSBC adds former JPMorgan banker Kalpana Morparia to board

Her deep banking expertise and experience of the Asia region, particularly in India and Southeast Asia, will be an asset to the Board," HSBC chair Mark Tucker said. Jackson Tai, another former ...

Posted on 14/02/2023

Singapore hikes property, car taxes in balanced budget

Singapore announced on Tuesday narrower fiscal deficits in a budget aimed at helping households manage the rising cost of living while replenishing its pandemic-depleted coffers.The fiscal position is ...

Posted on 14/02/2023

Lawrence Wong: Budget 2023 to build Singapore’s capabilities, seize new opportunities

SINGAPORE, Feb 14 (Bernama ... “We also have a vibrant manufacturing sector, supported by key segments like electronics, chemicals, and biomedical science. “These attributes and strengths will enable ...

Posted on 14/02/2023

Singapore’s GIC says still exploring China investment opportunities

Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of industries, adding that it maintains significant exposure to ...

Posted on 14/02/2023

Singapore 2022 budget deficit set to be lower than expected; inflationary pressures persist

Singapore says its budget deficit for 2022 will be lower than expected — at $1.5 billion dollars, or 0.3% of its gross domestic product. Finance Minister Lawrence Wong acknowledged that 2022 was a ...

Posted on 14/02/2023

Singapore Next PM Wong Says Era of Zero-Sum Thinking Has Started

Singapore warned about greater economic nationalism and protectionism around the world, especially as tensions between the US and China heat up.Most Read from BloombergChina Ready to Down Object ...

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