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Posted on 14/11/2024

Singapore stocks rise amid mixed regional showing; STI up 0.5%

SINGAPORE stocks rose on Thursday (Nov 14) as Asian indices closed mixed and the US dollar continued to strengthen. Read more at The Business Times.

Posted on 14/11/2024

Shein margin wobble takes bite out of IPO value

Shein’s planned stock-market float has always seemed dicey. The Singapore-headquartered fast-fashion group, which has Chinese roots, is exposed to rising Sino-U.S. tensions and environmental scrutiny.

Posted on 14/11/2024

HSBC, UOBKH, Maybank, RHB, CGSI and Citi maintain ‘buy’ on Singtel following its 1HFY2025 results

HSBC, CGSI and UOBKH have kept their target price unchanged at $3.65, $3.70 and $3.58, respectively. Citi has kept its target price of $3.60, while RHB has a target price of $3.60 as well.

Posted on 14/11/2024

IRAS recovers over S$3m from funeral sector in unpaid taxes and penalties since 2019

The Inland Revenue Authority of Singapore (IRAS) started investigations into the funeral industry and its related services - such as rites by religious practitioners, embalming and food catering - ...

Posted on 14/11/2024

Students’ mobile devices confiscated in probe of deepfake nude photos of S’pore Sports School girls

The police are investigating deepfake nude photos of Singapore Sports School (SSP) students that were created and spread by other students. Read more at stomp.straitstimes.com ...

Posted on 14/11/2024

Singapore tech firm Circles said to weigh sale of Circles.Life

HONG KONG – Circles Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest ...

Posted on 14/11/2024

Singapore investors more likely than those in other regions to increase their crypto allocation in 2025: Sygnum survey

Sygnum, a global digital asset banking group with headquarters in Zurich and Singapore, has revealed the results of its annual Future Finance survey which measures and analyzes the core interests, ...

Posted on 14/11/2024

Singapore Tech Firm Circles Is Said to Weigh Sale of Digital Arm

The Singapore-based company is working with a financial adviser as it evaluates a potential sale that could value Circles.Life at a few hundred million dollars, the people said, asking not to be ...

Posted on 14/11/2024

Singapore sets out AI’s role in retooling the city-state’s economy

Josephine Teo, digital development minister, explains how the country is addressing the technology’s promise and risks ...

Posted on 14/11/2024

Sun Xueling: VPN users accessing blocked websites in Singapore do so at their own risk

Minister of State for Home Affairs Sun Xueling stressed the importance of Singaporean authorities acting against potential hostile information campaigns and urged vigilance when consuming online ...

Posted on 14/11/2024

Singaporeans share the reasons why they refuse to leave the country despite the high cost of living

Singaporeans said they prefer to live in Singapore because the country is safe, pays well, has excellent health care and transport systems and because they have family ties here. ( read original story ...)

Posted on 14/11/2024

Singapore calls for regulation of ‘finfluencers’ as MAS pushes for licensing of social media financial advisors

The Monetary Authority of Singapore (MAS) anyone regularly offering paid or free financial advice online to be licensed under the Financial Advisers Act.

Posted on 14/11/2024

Eligible adult Singaporeans to receive cash payouts, MediSave and CPF top-ups in December 2024

SINGAPORE - Eligible adult Singaporeans will be receiving various ... Singaporeans without PayNow-NRIC linked bank accounts, but who have an account with DBS, POSB, OCBC or UOB, may provide their bank ...

Posted on 14/11/2024

Singapore stocks retreated as trading began on Thursday—STI dropped by 0.3%

Singapore banks were also mixed as trading began. UOB was the only gainer among the three major banks, edging up 0.1%, or S$0.03, to S$35.53. DBS dropped 1.3%, or S$0.57, to S$42.21. OCBC also slipped ...

Posted on 14/11/2024

Crypto Confidence High Among Singapore Institutional Investors, Sygnum Survey Finds

Institutional investors in Singapore are leading the charge in increasing their crypto allocations, according to Sygnum’s annual Future Finance survey. The report revealed that 57% of Singapore ...

Posted on 14/11/2024

Daily Cuts – Singapore’s war against diabetes – is it winning?

Diabetes is a global health crisis – particularly type 2 diabetes, which is heavily influenced by lifestyle habits – and patient numbers are increasing every year. Ever since launching the war on ...

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