The Singapore stock market rebounded on Monday, one session after ending the three-day winning streak in which it had risen more than ...
Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs
SINGAPORE -- The founder of the Philippine fast-food giant Jollibee, Tony Tan, is throwing his full weight behind the initial public offering of a hotel brand on New York's Nasdaq via a merger with a ...
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
SINGAPORE stocks entered Tuesday (May 7) morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks. Read more at ...
2 men convicted in $3b money laundering case deported to Cambodia, barred from re-entering Singapore
SINGAPORE - Two men convicted in Singapore's largest money laundering case were deported to Cambodia on Monday (May 6). Su Wenqiang and Wang Baosen, both 32, will be barred from re-entering Singapore, ...
No shortage of candidates to be Singapore’s next finance minister
DEPUTY Prime Minister Lawrence Wong will soon announce his new Cabinet, a few days before he is sworn in as Singapore’s fourth prime minister on May 15. Read more at The Business Times.
4 Asset Classes That Low-Risk Singapore Investors Can Invest In Now
Singapore investors who aim for a return of between 5% and 7% p.a. prefer four low-risk asset classes, such as fixed deposits and government bonds.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.
Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets
Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...
Luxury watch investment firm in breach of contract over timepieces worth $2.5m: High Court
The company was ordered to repurchase the watches at the prices it had offered. Read more at straitstimes.com.
Singapore reviewing proposal by SVCA to revive local stock market: FT
The document, according to the FT, is being reviewed by the Singapore Exchange S68 - Other agencies involved include the Economic Development Board, the Monetary Authority of Singapore and the ...
No deal to sell Dulwich College in Singapore and Seoul to Blackstone, says education group
Education in Motion said it is in the routine process of bringing in a new strategic financial partner. Read more at straitstimes.com.
Singapore looks at ways to revive stock market
Singapore is studying proposals to shake up its struggling stock market as the gap between the financial hub’s performance and other regional exchanges widens.
Standard Chartered attracts over USD1 billionin funds linked to house views
Standard Chartered Bank (“the Bank”) has raised more than USD1 billion under its suite of Signature CIO Funds. The Signature CIO Funds are a range of multi-asset solutions providing clients with an ...
Singapore telehealth stock sinks 85% as wild US IPO rally collapses
Mobile-health Network Solutions' May 4 plunge erased US$635 million from the company’s valuation. Read more at straitstimes.com.
Singapore stocks open in the black on Monday; STI up 0.3%
SINGAPORE shares advanced at the opening bell on Monday (May 6) morning, tracking gains in global markets. Read more at The Business Times.