We will recap some of the biggest business news and developments for July. The post Top Stock Market Highlights for July 2024 appeared first on The Smart Investor.
Ola Electric IPO GMP Today: Check latest grey market premium of Bhavish Aggarwal’s company
Ola Electric IPO GMP Today: Bhavish Aggarwal-led E-scooter manufacturer ... 18.5-22 per cent lower than in its last funding round in September 2023, which was led by Singapore's investment firm ...
Hero FinCorp ipo nbfc files drhp for rs 3668 crore initial public offering with sebi check IPO date allotment listing nse bse stock market news
The proposed IPO is a combination of a fresh issue of equity shares worth Rs 2,100 crore and an Offer For Sale (OFS) of Rs 1,568 crore by investor shareholders, according to the Draft Red Herring ...
Marcoleta tags Comelec chief Garcia in Caymans offshore bank controversy
Sagip party-list Rep. Rodante Marcoleta named Commission on Elections (Comelec) Chairperson George Garcia as the listed owner of an offshore bank account in the Cayman ...
Singapore Stock Market Poised For Additional Support
The Singapore stock market has climbed higher in wo of three trading days since the end of the three-day losing streak in which it ...
Singapore’s real estate to outperform in cross-border investments
Cross-border investments accounted for 48% of Singapore’s real estate investment volume in H1 2024, surpassing the 10-year average of 43%.
Singapore bank UOB’s second-quarter net profit rises 1% on-year
Singapore's United Overseas Bank (UOB) reported on Thursday a 1% rise in net profit in the second quarter from a year earlier on the back of higher net fee income and a rebound in loan-related fees ...
Commentary: Recovering mistaken PayNow transfers could be simpler and swifter in Singapore
Though Singapore’s law allows individuals to recover bank transfers made by mistake, it is more challenging in practice if the recipient does not cooperate, says SUSS law lecturer Ben Chester Cheong.
HSBC plans another $3 billion stock buyback as CEO Noel Quinn prepares to leave
The London-headquartered bank beat expectations on a bumper result from its wealth-management arm as it launched another $3 billion share-buyback plan ...
Reformative training for 21-year-old who sold Singpass info to write off S$1,000 in loan, stole bicycles in Bukit Batok
Unable to repay a loan that he had taken, Ng Zheng Quan agreed to give the moneylender his Singpass login details, in exchange for having S$1,000 written off from his loan.
New savings account for newborns under Baby Bonus scheme from July 1
The savings account is in addition to the existing Child Development Account (CDA), which is used for education and healthcare expenses. Read more at straitstimes.com.
Singapore, Asia markets react to BOJ rate hike; STI rises 0.4%
The local banks rose: DBS was up 0.1 per cent to $36.59; OCBC climbed 0.3 per cent to $14.85; and UOB, which releases second-quarter results on Aug 1, added 0.3 per cent to $32.35. THE BUSINESS TIMES ...
Singapore startup Beep raises US$3.3 million in pre-series A investment round
BEEP, a Singapore-based Internet of Things startup, on Wednesday (Jul 31) announced the close of its US$3.3 million pre-series A investment round. Read more at The Business Times.
GXS Bank Eyes March 2027 Profitability, Targets US$3B Deposits and US$2B Loans
GXS Bank, a digital bank backed by Grab Holdings and Singtel, aims to achieve profitability by March 2027, according to Muthukrishnan Ramaswami, GXS’ Group CEO. Grab holds a 60% stake in GXS, while ...
Singapore stocks kick off on Wednesday—STI rose by 0.3%
In the broader market, 53 stocks were up while 37 were down, with 21.9 million securities valued at S$37.3 million traded ...
Digital bank GXS, set up by Grab and Singtel, targets profit by 2027
GXS Bank, a digital bank backed by Grab Holdings and Singapore Telecommunications, plans to swing to a profit by March 2027 in part by doubling its loan book every six months. The two-year-old ...