In a strategic move to align with local regulations and prepare for a listing on India’s stock exchange, Flipkart will be shifting its base from Singapore to India ...
With IPO On The Horizon, Flipkart Gets Internal Nod To Move Base To India: Report
Flipkart has reportedly received internal approvals to shift its domicile from Singapore to India as the ecommerce major is gearing up to launch its initial public offering (IPO) in the next 12-15 ...
RHB Singapore evolves with its customers’ needs with app enhancement on cross-border banking
By providing the best value in cross-border transfers, we enable our customers to not only send money home, but to also preserve and share the authentic Malaysian experience with their loved ones.” ...
UOB Kay Hian keeps ‘hold’ call on Kimly but with lower target price in anticipation of higher costs
Mo and Cheong continue to rate Kimly "hold" given its strong cash-generative ability that can support its dividend policy of paying out no less than 50% of its earnings. They note ...
Singapore stocks fell as trading began on Monday—STI slipped 0.1%
In the broader market, 53 stocks declined while 52 advanced, with 19.5 million securities valued at S$34.6 million traded ...
Ex-HSBC banker Nuno Matos to succeed Shayne Elliott as ANZ CEO
Nuno Matos will become CEO at ANZ Group Holdings, succeeding Shayne Elliott who is retiring after nine years in the role that culminated in a tumultuous ending.
Singapore’s Most Traded Stocks Average Double-Digit Returns in 2H24
The STI has seen significant gains, with local manufacturing stocks, REITs, and ASEAN stocks increasing returns. Some of the top-performing stocks include Bumitama Agri, DBS, Wee Hur, SATS, and ...
FDI Inflows Into India Surpass $1 Trillion Mark; Mauritius, Singapore Lead With 49 Per Cent Share
FDI inflows from Mauritius amounted to $177.18 billion, while Singapore and the US contributed $167.47 billion and $67.8 billion, respectively.
Best fixed deposit rates in Singapore (December 2024): Rates up to 3.20%, minimum deposits from $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Complete Guide To Investing In The Hang Seng Index
Investing in the Hang Seng Index will allow us to gain exposure to some of the biggest companies that are based in China and Hong Kong ...
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest rate cuts as ...
OCBC 2025 Outlook: SGD credit spreads tight in the secondary market; interest rates to stay flat or decline
OCBC Credit Research pointed out that Hongkong Land’s net asset value has steadily declined over the past five years, falling from US$16.30 (about S$21.88) in 2018 to US$14.49 (about S$19.45) at the ...
Top Stock Market Highlights of the Week: Singapore Post, Standard Chartered Bank and Singapore REITs
We look at a divestment from a postal services provider along with standardised rules for all Singapore REITs. The post Top Stock Market Highlights of the Week: Singapore Post, Standard Chartered Bank ...
Singapore credits to stay resilient in 2025; investors prefer lower-risk REITs
On a broad top-down view, OCBC Credit Research dated Dec 6, in its outlook for 2025 points out that spreads on SGD credits are trading “tight in the secondary market”, relative to historical levels.
Singapore to launch two e-payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced the launch of two new e-payment solutions slated for mid-2025. This is aimed at facilitating ...
Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year
Jefferies analysts Sam Wong, Joseph Dickerson and Chen Shujin assume $2 billion additional buybacks for each of Singapore’s three banks in FY2025. They remain bullish on the sector's long-term ...