SGX Nifty signals a positive start Nifty futures on the Singapore ... the market-wide position limit (MWPL). No new positions can be created in the derivative contracts of said security. This ...
Singapore’s state-owned Temasek writes down entire US$275 million investment in FTX as fallout from collapsed crypto firm spreads
Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.
These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?
A share price jump could indicate investor optimism regarding positive business developments. The post These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?
Singapore man linked to scams that duped over 50 victims of $3.7m arrested in Malaysia
The suspect is believed to have procured Singapore bank accounts through various chat platforms such as Telegram and Facebook. Read more at straitstimes.com.
UOB, DBS, OCBC raise fixed home loan rates to up to 4.5%, highest in almost two decades, say analysts
Home loan rates went past the 4 per cent mark on Tuesday (Nov 15) after three major banks here raised their fixed rate packages, with the United Overseas Bank (UOB) being the highest at 4.5 per cent ...
Singapore versus Hong Kong’s 62 IPOs in 2022
As a case in point, this year, when growth in both China and Hong Kong slowed on the back of multiple Covid lockdowns, and mainland and Hong Kong capital made their way to the Lion City, for the 10 ...
Stock Market LIVE Updates: Sensex sheds 150 points, Nifty below 18,400; IRFC jumps 4%, Tata Motors sheds 2%
The fact that Sensex and Nifty are at record closing highs tells us that the Buy on Dips strategy has worked well in this market. Therefore, this strategy can be expected to work, ...
Singapore Firm Weighs $146 Million IPO, Ending Listing Drought
Legend Logistics Ltd. is exploring an initial public offering in Singapore to raise as much as S$200 million ($146 million), according to people with knowledge of the matter, in what would be the ...
Indian National Bhambri Kunal Jailed In Singapore For ‘illegally Withdrawing Fraud Money’
A 26-yr-old Indian citizen, Bhambri Kunal was sentenced to 9 weeks in prison in Singapore after he pleaded guilty to three charges for withdrawing fraud money ...
Singapore’s deputy PM: FTX case has ‘very serious allegations’ that amount to potential fraud
The collapse of crypto exchange FTX has "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday. Lawrence Wong said recent ...
Singapore-China green finance agreement signals regional trend
A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s intentions in the region.
HSBC eyes ‘substantial’ expansion plans from its new Singapore headquarters
The bank’s new office measures more than 140,000 square feet with a 4,000-strong local workforce. It aims to double its wealth business in Singapore by 2025.
OCBC slashes Sats’ target price by about 30% as rights issue an ‘overhang’
Long term investors may stay invested in Sats, but Chu warns that a rights issue could weigh on its near-term share price.
Singapore’s Temasek Writes Off $275 Million Investment In Failed FTX Crypto Exchange
Singapore state-owned investment firm Temasek said Thursday it has decided to write off its $275 million investment FTX, nearly a week after the cryptocurrency exchange filed for bankruptcy.
Indian national jailed in Singapore for bank fraud
An Indian national has been jailed in Singapore for nine weeks after he committed fraud involving more than S$26,000 that was traced to three fraud victims ...
Indian National Jailed In Singapore For Withdrawing SGD 26,000 Fraud Money
A 26-year-old Indian national, who first came to Singapore in 2018 to study, was jailed for nine weeks after he pleaded guilty to three counts of dealing with the benefits of criminal conduct, ...