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Posted on 18/10/2024

Singapore shares open higher on Friday; STI up 0.1%

SINGAPORE shares started trading in positive territory on Friday (Oct 18), mirroring overnight gains in the Europe market. Read more at The Business Times.

Posted on 18/10/2024

Panellists at MooSummit 2024 identify interesting investing themes

Older Singapore investors can opt for ETFs in Singapore dollars (SGD) listed on the Singapore Exchange S68 The MooSummit took place just as China’s Ministry of Finance (MoF) held a press conference, ...

Posted on 18/10/2024

Euroclear makes first Asia investment with Marketnode stake

Securities clearing and settlement provider Euroclear has made a strategic investment in Singapore’s blockchain-based infrastructure provider Marketnode. This is Euroclear’s first investment in Asia ...

Posted on 18/10/2024

Central and Southern Asia emerges as leader in global crypto adoption

Seven countries in the top 20 list for the highest global crypto adoption index came from Central and Southern Asia and Oceania (CSAO).

Posted on 18/10/2024

Autonomous AI agents may be available to Singapore firms by 2025

Such tools can think for themselves and work on their own, putting them well ahead of regular AI agents such as chatbots. Read more at straitstimes.com.

Posted on 18/10/2024

Large part of Singapore unprepared for retirement despite wealth level

Many across Singapore are not prepared for retirement as 42% will plan for it within five years of retirement and 15% will not plan at all. According to Sun Life Singapore, which surveyed 505 ...

Posted on 18/10/2024

Crypto crooks: Kidnapping, huge bar bills and exotic cars are linked to one of biggest bitcoin thefts in US history

A kidnapping of a Connecticut couple has been linked to one of the biggest thefts of cryptocurrency from an individual in United States history.

Posted on 18/10/2024

Crypto exchange WazirX has an asset deficit of 45% and withdrawals could take 6 months

The court had asked Zettai to address questions from creditors during a recent hearing and answers revealed an asset deficit of 45%.

Posted on 18/10/2024

An Unforgettable Meal Can Cost $5 at Singapore’s Hawker Centers. Can the Next Generation Save Them?

No trip to Singapore is complete without a meal (or 12) at its hawker centers, where stalls sell multicultural dishes from generations-old recipes. But rising costs and demographic change are threatening the beloved tradition.

Posted on 17/10/2024

UOB Kay Hian cleared to resume IPO and RTO activities after moratorium lifted

Brokerage has taken remedial action to strengthen its policies and procedures, says SGX RegCo Read more at straitstimes.com.

Posted on 17/10/2024

Chick-fil-A is now taking on Singapore

The fast-food chicken sandwich chain plans to open a restaurant in the country late next year, its first in Asia. It plans to invest $75 ...

Posted on 17/10/2024

Singapore key exports disappoint after 2.7% rise in September misses expectations

SINGAPORE’S key exports continued its upward climb in September as both electronics and non-electronics shipments rose; yet the rise was at a slower pace than what analysts were expecting. Read more ...

Posted on 17/10/2024

42% of Singapore respondents will only start planning for retirement within five years of their planned retirement date

A survey by Sun Life Singapore also found that 16% of Singapore retirees have not planned their retirement expenses.

Posted on 17/10/2024

Singapore’s Endowus platform brings commission-free investments to Hong Kong, using AI and wealthtech

Hong Kong head Steffanie Yuen worked at Ant Group and Value Partners before meeting Endowus founders Gregory Van and Samuel Rhee.

Posted on 17/10/2024

Export growth lifts investor sentiment, sending STI up 1%

Losers outnumber gainers 296 to 278, after 1.5 billion securities worth $1.2 billion changed hands. Read more at straitstimes.com.

Posted on 17/10/2024

Singapore never got to see its own spac frenzy

In 2021 alone, the US witnessed 610 spac IPOs, raising US$160.75 billion ($210.42 billion). This surge was driven by various factors, including favourable market conditions, enthusiasm for high-growth ...

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