Making a $1 million in Singapore is extremely difficult if you are only intending to save. With investing however, it becomes a lot easier.
Temasek to invest $40 billion in US over next five years
Temasek’s investments for North and South America surpassed China for the first time in at least a decade this year. Read more at straitstimes.com.
Singapore stock market an attractive starting point for young investors
But they are likely to look for opportunities in overseas markets after gaining experience. Read more at straitstimes.com.
Man sold his Singpass details, which scammers used to funnel almost S$1 million through bank accounts
The details were used to create a sole proprietorship and set up bank accounts, which were used to funnel S$953,853 in scam proceeds from multiple victims.
Citi layoffs in Singapore spark uncertainty and low morale: report
Citi employees in Singapore have faced a turbulent six months, enduring three rounds of layoffs since the US bank announced a major restructuring in September 2023. The rounds of cuts took place in ...
Ola Electric’s $734 million IPO: 2024’s largest in India—Should you invest?
Ola Electric is gearing up to make an entrance into the public market with what is set to be the largest Initial Public Offering (IPO) of 2024. Scheduled to debut on the Indian stock exchanges this ...
Singapore Government invests close to $14 million to fund research into skin aging among Asians
SINGAPORE: The Singaporean government has announced a substantial investment of S$13.9 million to support research on skin aging. This funding will be allocated to the Agency for Science, Technology ...
Ola Electric IPO; Rapido truns unicorn
Valuation discount: On July 17, ET reported that Ola Electric is expected to price its IPO at a discounted valuation of around $4 billion, reflecting a 25% decrease from its valuation in the last ...
Ola Electric to raise $734 million in India’s biggest IPO this year
By Dhwani Pandya, Aditya Kalra and Aditi Shah MUMBAI (Reuters) -Indian e-scooter maker Ola Electric said on Monday it aimed to raise $734 million in the country's biggest IPO this year, a deal set to ...
Ola Electric to launch $734 million IPO, investors eye bids at lower valuation
A term sheet showed the IPO, which will run from Aug. 1 to Aug. 6, puts a value of $4 billion on the company, which sold its first scooter in 2021. That valuation is about 25% lower than Ola's last ...
Proxymity and Deutsche Bank Extend Their Partnership With Singapore Market Deployment
Deutsche Bank Singapore goes live with Proxymity Vote Connect Global, the first Proxymity partner to launch in Singapore, expediting the arrival of true shareholder democracy worldwide with complete ...
RTX’s Collins Aerospace plans relocation to a new $250m manufacturing plant in Singapore
US-based Collins Aerospace has announced plans to relocate to a new $250m manufacturing plant in Singapore. Collins will transfer its operations from the current Bedok site as part of the relocation ...
OCBC keeps ‘buy’ call on First REIT with unchanged TP of 28 cents following 1HFY2024 results
In 1HFY2024, the REIT’s rental and net property income dipped 3.7% and 4.1% y-o-y to $52 million and $50.3 million, respectively.
Spate of 3 layoffs in 6 months lead to low morale among Citi Singapore staff
SINGAPORE: The ongoing restructuring efforts by US banking giant Citigroup have left employees in its... The post Spate of 3 layoffs in 6 months lead to low morale among Citi Singapore staff appeared ...
Stable Q2 results for Singapore banks unlikely to beat Q1’s outperformance, but dividend yields remain attractive: analysts
DBS, OCBC and UOB are likely to post resilient, if unspectacular, earnings ahead of impending rate cuts – but it will be difficult to beat the first quarter’s robust results, said analysts. Read more ...
Fidelity, Nomura line up bids for Ola Electric’s India IPO, sources say
SoftBank-backed Indian e-scooter maker Ola Electric's IPO is set to draw investor bids from Fidelity, Nomura and Norway's Norges Bank, as well as several Indian mutual funds, two sources with direct ...