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Posted on 08/11/2024

Tatas will choose Singapore as key partner for semiconductor play: Minister

If they (Tatas) want to, they can do business with anybody in the world. It's not that they need to do it in Singapore, but they will, I think, choose Singapore as a key partner, not only partner, but ...

Posted on 08/11/2024

Singapore banks lead STI rally to 17-year high; index up 1.4%

Record-breaking surges in local bank shares on the back of another interest rate cut in the US drove the local market to a 17-year high on Nov 8. Read more at straitstimes.com.

Posted on 08/11/2024

Singapore Airlines’ half-year profit nearly halves on rising costs

Singapore Airlines (SIA) reported a half-year profit on Friday that nearly halved year-on-year, reflecting intensifying market competition coupled with higher fuel costs and expenses.

Posted on 08/11/2024

Donald Trump Is US President (Again). Here Are 5 Things That Singapore Investors Should Take Note Of

With Donald Trump winning the 2024 US Election, the financial market is pricing in the effect his policy will have on assets like stocks ...

Posted on 08/11/2024

Niva Bupa Healthcare IPO subscribed 72% so far on Day 2, retail investors drive strong demand. Check details

The offering, comprising a fresh equity sale of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will remain open for bidding until November 11. Through the OFS, Bupa Singapore Holdings ...

Posted on 08/11/2024

NPTC Green Energy IPO likely to open on November 18; check details

The initial public offering (IPO) of NTPC Green Energy is scheduled to open in the third week of November, sources related to the matter told Business Today. According to the sources, who requested ...

Posted on 08/11/2024

Niva Bupa Health Insurance IPO Subscribed 70% On Day 2, Check GMP

The grey market premium of Niva Bupa was nil as of 9:50 a.m., implying no gains over the IPO price, according to Chittorgarh's unit InvestorGain.

Posted on 08/11/2024

US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains

THE latest rate cut by the US Federal Reserve is expected to bring “some relief” to Asian and Singapore equity markets, with upsides for the property and consumer sectors. Read more at The Business ... ( read original story ...)

Posted on 08/11/2024

Singapore companies eye China opportunities

Singapore companies are eyeing high-quality growth opportunities in China while innovating in the increasingly sophisticated market to remain competitive, according to Kok Ping Soon, CEO of the ...

Posted on 08/11/2024

Singapore to upskill 300 professionals to support carbon services and trading sector growth

“The Carbon Markets Academy of Singapore will enhance our carbon ecosystem and support companies with the necessary talent to diversify their business activities and develop new capabilities in carbon ...

Posted on 08/11/2024

24/7 concierge service, free access to airport lounges and golf greens: How Citi takes care of global citizens

Ms Yeo Wenxian, Citi's new Head of Wealth for Asia South and Citibank Singapore Chief Executive Officer, said: “Singapore continues to be a key and strategic location for Citi’s wealth business, from ...

Posted on 08/11/2024

DBS stock jumps on $3b share buyback plan, record $3.03b quarterly profit

The bank sees upside to its 2025 profit as Donald Trump takes office as US president. Read more at straitstimes.com.

Posted on 08/11/2024

The optimistic case for Singapore’s economy in the second Trump presidency

The US stock market and currency rallied strongly in the immediate aftermath of the US elections, which brought about Donald Trump’s return to the White House. Singapore’s equities market also ...

Posted on 08/11/2024

Genting Singapore’s Q3 net profit nosedives to $79.4m in Q3

Genting Singapore 's net profit nosedived to $79.4m in Q3 2024 on lower VIP rolling volume and win rate. Compared to the same period last year, the profit was 63% lower. In its latest financial ...

Posted on 08/11/2024

Singapore’s UOB sees better loan growth in 2025 as Q3 profit hits record

Singapore's United Overseas Bank, or UOB, posted a faster-than-expected rise in third quarter net profit to a record, helped by brisk trading and investment, and flagged a pick up in loans growth next ...

Posted on 08/11/2024

‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities

OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s technology capabilities. Read more at The Business Times.

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