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Posted on 19/11/2024

DBS Reaffirms Their Buy Rating on ST Engineering (SGGKF)

DBS analyst Suvro Sarkar maintained a Buy rating on ST Engineering (SGGKF – Research Report) today and set a price target of S$5.40. The ...

Posted on 19/11/2024

Singapore stocks rose as trading began on Tuesday—STI gained 0.3%

In the broader market, 67 stocks gained, while 25 fell, with 62.8 million securities valued at S$65.1 million traded ...

Posted on 19/11/2024

EMERGING MARKETS-Singapore shares hit 17-year high on market revival efforts

Singapore stocks hit highest level since Nov 2007 * Ringgit rises 0.3%, Taiwan dollar gains 0.2% By Sneha Kumar Nov 19 (Reuters) - Singapore shares jumped to a 17-year high on Tuesday, powered by a ...

Posted on 19/11/2024

Leading Singapore property developer CEO says simplicity beats complexity when it comes to design: ‘Boring is okay’

GuocoLand's Guoco Midtown mixed use development boasts occupancy rates of over 90% despite its more simple looking facade.

Posted on 19/11/2024

Keppel DC REIT Secures Full Ownership of Key Data Centres in Singapore

Keppel DC REIT Secures Full Ownership of Key Data Centres in Singapore (Reuters) - Singapore's Keppel will spin off its data centre joint venture (JV) to unit Keppel DC REIT for a total gross ...

Posted on 19/11/2024

After the election: Assessing Investor Sentiment in Hong Kong and Singapore Post-Trump’s Election

Investment decisions are influenced by market volatility, interest rate changes, and perceptions of Trump's economic policies ...

Posted on 19/11/2024

BlackBuck IPO: Accel, Flipkart To Rake In 5X Returns

Flipkart, which held a 13.2% stake, or 2.1 Cr shares, in BlackBuck via its Singapore-based subsidiary Quickroutes International ahead of the IPO, is offloading 55.3 Lakh shares for around INR 151.1 Cr ...

Posted on 19/11/2024

Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’

Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sector ...

Posted on 19/11/2024

Marina Bay Sands Eyes Singapore’s Largest Loan of $9 billion

Marina Bay Sands is seeking a loan of around S$12 billion ($9 billion), in what would be the largest financing from Singapore, as the company looks to fund the planned expansion of its casino resort ...

Posted on 19/11/2024

HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say

SINGAPORE/LONDON – HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking (CIB) division as chief executive Georges Elhedery ...

Posted on 19/11/2024

Assets worth S$1.85 billion surrendered by 15 fugitives in Singapore’s largest money laundering case

Assets worth S$1.85 billion have been surrendered by 15 fugitives in Singapore’s largest money laundering case, bringing total recovered assets to S$2.8 billion. The individuals agreed to surrender ...

Posted on 19/11/2024

Singapore shares rise at Tuesday’s open; STI up 0.3%

SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19). As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or 0.3 per cent to 3,744.9. Across the broader market, gainers ...

Posted on 19/11/2024

Singapore closes cases against 15 in billion-dollar laundering scandal after S$1.85b in assets surrendered

SINGAPORE, Nov 19 — Fifteen foreigners implicated in Singapore’s S$3 billion (RM10 billion) money laundering case have surrendered assets worth S$1.85 billion) to the state, the Singapore Police Force ...

Posted on 19/11/2024

Singapore Tenants May Have the Upper Hand in 2025

Previously, he worked for Reuters, the Straits Times and Bloomberg News. Singapore’s red-hot leasing market for private housing finally began to cool this year as supply of new apartments got the ...

Posted on 19/11/2024

Singapore Hin Leong founder O.K. Lim sentenced to 17-1/2 years in jail, media reports

The founder of collapsed Singaporean oil trading firm Hin Leong Trading Pte Ltd was sentenced to 17-1/2 years in prison on Monday for cheating global bank HSBC and abetting forgery, local media ...

Posted on 19/11/2024

Singapore cyber defenders fight simulated attacks on AI-enabled systems in 4-day exercise

More than 200 participants from SAF, government agencies and private organisations took part in Cidex. Read more at straitstimes.com.

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