THE Straits Times Index (STI) ended Friday (Sep 22) slightly higher after paring early losses. The STI rose 0.1 per cent or 2.01 points to 3,204.82 at the close. Read more at The Business Times.
Singapore market slides after Fed’s hawkish hold; STI dips 1.2%
THE Federal Reserve’s hawkish stance tamed markets in the Asia-Pacific on Thursday (Sep 21), with key bourses from South Korea to Australia swimming in a sea of red hours after the United States ...
UOB Kay Hian sees ‘seasonally stronger’ 2H2023 and ‘continued recovery’ in 2024 for hospitality REITs
Analyst Jonathan Koh has kept his "buy" call for FEHT, CDLHT and CLAS with target prices of 75 cents, $1.48 and $1.35 respectively ...
Brokers’ take: DBS upgrades Grab to ‘buy’ on delivery, mobility segments’ market share gain
DBS Group Research has upgraded Grab by two notches to “buy” from “fully valued”, as the on-demand services player is gaining market share as its competitors shift focus towards profitability. Read ...
Inside Singapore’s Post-Covid Investment Boom.
In the years since it gained independence from Malaysia in 1965, the city-state has seen its economy go from strength to strength. Its GDP per capita now surpasses those of other rich countries such ...
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
Silent Eight's AI models were actually trained on the processes that human investigators were carrying out within financial institutions, its CEO told CNBC.
IPO screener: Goldaman Sachs-backed Samhi Hotels listing today
Samhi Hotels' IPO subscribed 5.33x; to list at bourses today. Issue raised ₹1,370.10cr, fixed at ₹126, upper end of price band. Fresh issue of ₹1,200cr, OFS of 1.35cr shares by existing shareholders.
IPO: revival or fizzle?
After much IPO fanfare, ARM, Klaviyo, and Instacart’s shares took a wobble, prompting concerns that the IPO revival could fizzle out. IGTV financial analyst @AngelineOng gives us a recap of the IPO ...
S$700 million in proceeds from first sovereign green bonds put towards expansion of Singapore’s rail network
SINGAPORE: Under the Singapore Green Bond Framework, S$700 million (US$511 million) has been allocated to finance Jurong Region Line (JRL) and the Cross Island Line (CRL) of the country's rail network ...
Singapore police investigating money laundering scheme uncover more gold bars, luxury watches
More assets such as gold bars and watches have been seized by the authorities in Singapore, where a group of foreign nationals are being investigated in a money laundering scheme.
Singapore cracks down money laundering case worth over 1.76 billion USD
Singaporean media on September 20 reported local police have seized or frozen more than 1.76 billion USD worth of assets in one of the biggest money laundering cases ever uncovered in the city-state.
Singapore investors driven more by returns for green investments, with focus on tech solutions
It found that 68 per cent of investors in Singapore said nature is now considered a part of their investment strategy. They were also most likely to expect increased returns and reduced nature risk in ...
Chinese Origin Clients With Foreign Passports Reportedly Under Scrutiny In Singapore After $1.8M Money Laundering Fiasco
In the aftermath of a substantial money laundering scandal involving S$2.4 billion ($1.8 billion) last month, banks based in Singapore have increased their vigilance towards clients of Chinese origin ...
Singapore banks tighten oversight on foreign clients post-money laundering scandal
In a bid to strengthen its financial integrity following a money laundering scandal, Singapore's banking sector has increased its oversight of clients of Chinese descent holding foreign citizenships.
Singapore transport fare to rise by up to 11 cents: 8 tips to save money on bus and MRT fares
Public transport fares in Singapore have gone up by seven per cent, and for obvious reasons, nobody is pleased. Each journey is going to cost 10 to 11 cents more from Dec 23, 2023. The local news ...
OCBC becomes direct clearing member of HKEX’S OTC Clear AND LCH SwapClear
The bank’s OTC Clear membership will give it access to clearing services for over-the-counter (OTC) derivatives in cross currency swaps and interest rate swaps (IRS) for HKD and CNH. Central clearing ...