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Tag: finance

Posted on 18/10/2024

Gaining US$34 billion this year alone, Sea is back on top & second only to DBS in S’pore

Sea Ltd. has added over US$34 billion to its value in Singapore, putting its market capitalisation above US$56 billion and second to DBS.

Posted on 18/10/2024

DBS NAMED SAFEST BANK IN ASIA FOR THE 16TH CONSECUTIVE YEAR BY GLOBAL FINANCE

DBS ranked 2nd on the 50 Safest Commercial Banks list for the third consecutive year ...

Posted on 18/10/2024

Can Singapore Exchange See an IPO Resurgence After This Year’s Dry Spell?

Could more IPOs herald a sea change for SGX after an unusually dry spell? We dig deeper to find out. The post Can Singapore Exchange See an IPO Resurgence After This Year’s Dry Spell? appeared first ...

Posted on 18/10/2024

Panellists at MooSummit 2024 identify interesting investing themes

Older Singapore investors can opt for ETFs in Singapore dollars (SGD) listed on the Singapore Exchange S68 The MooSummit took place just as China’s Ministry of Finance (MoF) held a press conference, ...

Posted on 18/10/2024

Euroclear makes first Asia investment with Marketnode stake

Securities clearing and settlement provider Euroclear has made a strategic investment in Singapore’s blockchain-based infrastructure provider Marketnode. This is Euroclear’s first investment in Asia ...

Posted on 18/10/2024

Large part of Singapore unprepared for retirement despite wealth level

Many across Singapore are not prepared for retirement as 42% will plan for it within five years of retirement and 15% will not plan at all. According to Sun Life Singapore, which surveyed 505 ...

Posted on 17/10/2024

UOB Kay Hian cleared to resume IPO and RTO activities after moratorium lifted

Brokerage has taken remedial action to strengthen its policies and procedures, says SGX RegCo Read more at straitstimes.com.

Posted on 17/10/2024

42% of Singapore respondents will only start planning for retirement within five years of their planned retirement date

A survey by Sun Life Singapore also found that 16% of Singapore retirees have not planned their retirement expenses.

Posted on 17/10/2024

Singapore’s Endowus platform brings commission-free investments to Hong Kong, using AI and wealthtech

Hong Kong head Steffanie Yuen worked at Ant Group and Value Partners before meeting Endowus founders Gregory Van and Samuel Rhee.

Posted on 17/10/2024

Export growth lifts investor sentiment, sending STI up 1%

Losers outnumber gainers 296 to 278, after 1.5 billion securities worth $1.2 billion changed hands. Read more at straitstimes.com.

Posted on 17/10/2024

Singapore never got to see its own spac frenzy

In 2021 alone, the US witnessed 610 spac IPOs, raising US$160.75 billion ($210.42 billion). This surge was driven by various factors, including favourable market conditions, enthusiasm for high-growth ...

Posted on 17/10/2024

Boustead Singapore secures $156 mil green loan from UOB for redevelopment of its logistics warehouse

The property is the first building in the industrial real estate sector to attain both the Green Mark Platinum Super Low Energy awarded by the Building & Construction Authority.

Posted on 17/10/2024

StarHub emerges as DBS’s telco pick; telco expected to benefit from lower transformation costs

The telco has previously indicated that it expects to incur about 90% of its transformation costs of $270 million in FY2024. The remaining 10% will be expensed in FY2025. As such, Mittal has projected ...

Posted on 17/10/2024

Singapore Stock Market May Reclaim 3,600-Point Level

The Singapore stock market has ticked lower in consecutive trading days, although it has given up just over 5 points or 0.15 percent ...

Posted on 17/10/2024

Singapore SMEs continue to expand in 3Q, except for those in ICT

Singapore’s small and medium enterprises (SMEs) extended their growth momentum for a second consecutive quarter, according to the latest OCBC SME Index released on Oct 15.

Posted on 17/10/2024

What Should Singapore Investors Do When Interest Rates Decline?

As interest rates decline in the coming year, investors will need to look at other alternatives if they wish to continue earning good returns ...

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