After accounting for weaker foreign currencies and higher financing cost assumptions, the analysts have revised their TP to $1.55.
Singapore Bourse Due For Profit Taking On Tuesday
(RTTNews) - The Singapore stock market has climbed higher in seven straight sessions, improving almost 160 points or 5.1 percent along the way. The Straits Times Index now rests just above the ...
Will bulls pull Nifty to new 52-week high or bears to come back? Key things to know before market opens
Trends in the SGX Nifty hinted at a flat to positive start for domestic equities as Nifty futures were trading marginally higher at around 18,405 levels on the Singapore exchange.
Inox Green Energy IPO: Latest GMP on the last day of subscription
As per market observers, Inox Green Energy shares are commanding a premium (GMP) of 4 in the grey market today. The shares of the company are expected to list on the stock exchang ...
Credit Suisse Cuts Senior Bank Jobs in Asia as Overhaul Begins
Credit Suisse Group AG has started cutting senior bank jobs in Asia including three managing directors across investment banking and financing as the Swiss giant carries out its plan to reduce global ...
Commentary: Our seniors are ready to bank online. Are Singapore’s new digital banks ready for them?
At DBS, almost a third of the 100,000 customers who activated their online spending services between February and April 2020 were above 50. People use the automated teller machines at a terminal of ...
New digitally-enabled MBFC headquarters marks a new era for this bank
as it sees Singapore as the nexus for cross-border collaboration in Southeast Asia across wealth management as well as wholesale banking. In line with this, the Bank is expanding its health and wealth ...
DBS profit soars to record, flags risks of rising rates to growth
DBS Group reported a forecast-beating 32% jump in quarterly profit to a record high as banks rake in the benefits of higher interest rates, but Southeast Asia's largest lender cautioned on the ...
Singapore keen to invest in economic zones
The Singapore Business Federation (SBF) and Enterprise Singapore, leading organisations of the country's business community, have expressed their interest in investing in the economic zones of ...
Global Health IPO: Listing date, GMP, issue size and more
The price band of the share sale was Rs 319 to Rs 336 per share. At the upper end of the price band, the share sale has raised Rs 2,206 crore ...
S’pore is critical market for corporate banking, wealth business: HSBC head Noel Quinn
Bank will leverage the city-state’s strengths as a regional hub for wealth, treasury management, innovation and sustainability. Read more at straitstimes.com.
NoonTalk Media offering 22 mil shares, targets to list on Nov 22 at 22 cents per share
NoonTalk Media Limited has completed its registration to list on the Catalist board of the Singapore Exchange (SGX) and targets to list on Nov 22. In a Nov 14 press release, the company says it is ...
Unicorn startup Darwinbox may go for IPO in next 3 years: Co-founder
The promoters of Darwinbox currently hold more than 30 per cent stake in the company while the rest is held by investors, including TCV, Salesforce Ventures, Sequoia, Lightspeed and Endiya Partners.
SGX Nifty rises 16 points: NMDC, IRCTC & ONGC Q2 results; Keystone Realtors IPO & more
Nifty futures on the Singapore Exchange quoted 16.50 points, or 0.09 per cent, higher at 18,452.50, hinting at a positive start for the domestic market on Monday.
UPDATE 1-Grab-led Singapore digital bank’s senior executive steps down
Nov 9 (Reuters) - GXS Bank, the venture between ride-hailing company and fintech firm Grab Holdings and Singapore Telecommunications, said its executive director and board member Reuben Lai would ...
Singapore FinTech Festival 2022 sees Record Turnout from the Global FinTech Community
The seventh edition of the Singapore FinTech Festival (SFF), which concluded on 4 November 2022, attracted more than 62,000 participants from over 115 countries. This was the largest SFF gathering ...