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Posted on 21/11/2024

Labubu fever: Woman fined for bringing dolls into Singapore without declaring value, 3 boys investigated after 5 dolls go missing in Yishun

One of the latest stories attesting to “Labubu fever” in Singapore involves a woman who returned from a business trip from London and whose suitcase contained a number of pricey items, including ...

Posted on 20/11/2024

Asia’s jet fuel imports from India to hit multi-year highs in November

Asia's imports of jet fuel from India are set to hit multi-year highs in November ahead of peak winter demand after refinery outages and lower exports from China crimped supplies, according to ...

Posted on 20/11/2024

Singapore stocks slip as investors keep to sidelines on overseas concerns; STI drops 0.4%

It was much the same mixed outcome in the region. Japan’s Nikkei 225, the Kospi in Seoul and the Hang Seng in Hong Kong added modest amounts but Malaysian shares lost 0.3 per cent while Australia’s ...

Posted on 20/11/2024

Trading platform lets Singapore users invest in fractions of a stock listed on Bursa Malaysia

The platform fee is RM0.50 on the UP app, while the commission is RM2.50 for trades below 100 shares. Read more at straitstimes.com.

Posted on 20/11/2024

Capitaland Investment to acquire 40% stake in SC Capital Partners Group for $209.31 million

CapitaLand's 40% stake acquisition in SCCP, a Singapore-based real estate investment manager, will increase its funds under management (FUM) by S$11 billion.

Posted on 20/11/2024

Funds raised by South-east Asian IPOs now at a 9-year low, but outlook positive: Deloitte

SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic. There ...

Posted on 20/11/2024

RHB raises its call for UOB from “neutral” to “buy” and increases price target to S$40.20

SINGAPORE: RHB raised its call for United Overseas Bank (UOB) from “neutral” to “buy” and increased its price target for the bank to S$40.20, up from S$35.60. The new target price is 10.3 per cent ...

Posted on 20/11/2024

Singapore Medical Group completes S$90m bond issuance as it positions for a new phase of growth

Singapore Medical Group ("SMG" or "the Group"), a multidisciplinary specialist healthcare services provider, has completed a S$90 million, 5-year senior unsecured bond issuance at a 3.54% fixed rate ...

Posted on 20/11/2024

Asia crypto hot spots reap gains from record Trump trade rally

SINGAPORE - A record-breaking crypto rally born in the United States is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion (S$1.3 billion) and ...

Posted on 20/11/2024

Singapore stocks fall amid mixed regional showing; STI drops 0.4%

SINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited chipmaker Nvidia’s earnings report and grappled with concerns over escalating geopolitical tensions after Ukraine fired its ...

Posted on 20/11/2024

Singapore startups get access to the Nordics with EnterpriseSG’s new Global Innovation Alliance node in Sweden

SINGAPORE technology startups looking to form innovation partnerships with Swedish corporates can now tap Enterprise Singapore’s (EnterpriseSG) new Global Innovation Alliance (GIA) node in Stockholm, ...

Posted on 20/11/2024

Fuelled by China’s promise: Golden opportunity for Hong Kong SDR investing

As investors explore opportunities in the Hong Kong market, two prominent companies consistently stand out: Alibaba and Tencent ...

Posted on 20/11/2024

GXS Bank on track to launch business banking solutions in 1Q2025

Currently in the pilot stage with selected customers, GXS Bank is on track to launch its business banking solutions in the first quarter of 2025 in Singapore, before a progressive rollout in Malaysia ...

Posted on 20/11/2024

OCBC maintains ‘buy’ on Keppel Infrastructure Trust; fair value estimate unchanged

This comes following KIT’s proposed acquisition of a 50% equity interest in Keppel Marina East Desalination Plant.

Posted on 20/11/2024

DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands

MARINA Bay Sands (MBS) is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the integrated resort looks to fund its planned expansion in the country.

Posted on 20/11/2024

UOB Reports Record Profit in Q3 2024

United Overseas Bank (Singapore) ( (UOVEF) ) has released its Q3 earnings. Here is a breakdown of the information United Overseas Bank ...

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