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Posted on 19/11/2024

NTPC Green Energy IPO: Anchor Investors Buy Shares Worth Rs 3,960 Crore

NTPC Green Energy Ltd. allocated 36.66 crore shares to 107 anchor investors at Rs 108 each, including LIC, which secured a Rs 500 crore stake. The IPO aims to raise Rs 10,000 crore via a fresh issue.

Posted on 19/11/2024

Cash Management Accounts in Singapore: StashAway, Syfe, Endowus, Mari Invest, and More

We all know that stashing your savings away in a run-of-the-mill POSB savings account is a waste due to dismal interest rates. High-interest savings accounts (like the UOB One, DBS ...

Posted on 19/11/2024

Tencent and Visa Partner to Launch Palm Payment Technology in Singapore

Tencent and Visa launch palm recognition payment system in Singapore, partnering with major banks to revolutionize transaction security and convenience.

Posted on 19/11/2024

Singapore may miss 2024 key exports forecast as October disappoints with 4.6% drop

Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...

Posted on 19/11/2024

Singapore’s NODX dips 4.6% in Oct due to fall in non-electronics exports

Singapore's October non-oil domestic exports declined by 4.6% on-year -- dragged mainly by non-electronic shipments. Exports have shown volatility this year. They rebounded from mid-year declines to ...

Posted on 19/11/2024

Tsutomu Ogura focuses on positives after Singapore suffer shock loss in final ASEAN Championship warmup

Just four days ago, even though it arrived in unconvincing circumstances, Tsutomu Ogura was still able to savour the high of a first win since taking over as Singapore coach in February. On Monday, he would have known in no certain terms that he was back on earth as the Lions' final warmup match before ...

Posted on 18/11/2024

A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub ...

Posted on 18/11/2024

Singapore and Japan working together on runway safety plan after accident at Tokyo’s Haneda Airport

SINGAPORE (The Straits Times/ANN): The civil aviation agencies of Japan and Singapore are teaming up to roll out a plan to improve runway safety comprehensively, after a fatal collision at Tokyo’s Haneda Airport in January. The Civil Aviation Authority ...

Posted on 18/11/2024

Daily Cuts – Why Singapore’s key exports fell worse than expected in October

Singapore Today's Lance Alexander and Daniel Martin speak with Yeap Jun Rong, Market Strategist, IG Asia, about why Singapore's key exports fell worse than expected year on year in October.

Posted on 18/11/2024

Frasers Property and Sekisui House to redevelop Robertson Walk into 348 luxury homes

The company described the development as a “luxury 348-unit residential enclave with an exciting mix of dining and entertainment options.” ... ( read original story ...)

Posted on 18/11/2024

17.5 years jail for OK Lim in one of Singapore’s ‘most serious cases of trade financing fraud’

The tycoon will appeal against the sentence, and his lawyer says that his $4 million bail has also been extended ...

Posted on 18/11/2024

Singapore’s Crypto Gateway: OKX Teams Up with Banking Giant DBS

OKX launches instant Singapore dollar transfers through DBS Bank using PayNow and FAST payment systems, coinciding with Bitcoin's rise above $90,000 and the exchange's recent regulatory approval in ...

Posted on 18/11/2024

Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn

Lim was originally charged in 2020 after confessing to hiding $800mn in losses from creditors — including HSBC and Singapore’s biggest lender DBS — and directing the company’s finance department not ...

Posted on 18/11/2024

Singapore stocks fall after Wall Street sell-off; STI down 0.3%

SINGAPORE - Equities in Singapore ended their three-day winning streak to finish Nov 18 lower, after a sell-off on Wall Street on Nov 15 as investors turned cautious amid inflation worries under a ...

Posted on 18/11/2024

How did Singapore’s richest man grow his wealth?

Eduardo Saverin, the richest man in Singapore with a net worth of US$30.4 billion, co-founded Facebook - now internet giant Meta Platforms - and invested in several successful startups.

Posted on 18/11/2024

Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...

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