The Singapore government, Monetary Authority of Singapore, and Goldman Sachs have collectively increased their stakes in PNB Housing Finance by investing Rs 178 crore through open market transactions.
Singapore’s CapitaLand Shakes Up Leadership at Funds Unit
Singapore’s CapitaLand Investment Ltd. announced a leadership shakeup at its private funds division, as the real estate firm looks to rearrange units after a mixed set of earnings and tepid stock ...
SGX dips after analysts downgrade stock on falling equity volumes, slowdown in derivatives
The volatility in SGX’s share price came after downgrades by investment banks JPMorgan and Goldman Sachs. Read more at straitstimes.com.
Best Fixed Deposit Rates in Singapore (Sep 2024)—Rates Up To 3.35%, Minimum Deposits From $500
For the same sum, DBS will give you 3.20% p.a. for a 12-month period. State Bank of India Singapore fixed deposit What we like: Decent rates and a relatively short commitment period of 6 months. What ...
Vietnamese-American man charged in Singapore over US$8.3 million money laundering case
The 61-year-old purportedly got two women to set up companies and accompanying bank accounts in Singapore, which later received alleged overseas investment scam proceeds.
GIC, Temasek said to be in talks to invest in Midea’s Hong Kong IPO
GIC is weighing subscribing for about US$500 million (S$652 million) in the Chinese appliance maker’s offering, the people said, asking not to be identified as the information is not public. They said ...
Pope praises Singapore as a ‘shining example’ for humanity
Pope Francis praised Singapore and its citizens for their hard work and ingenuity, but he urged them to be mindful of the poor and of the migrant workers who do much of the hard labor.
Why The Malaysian Ringgit Has Been Appreciating Against The Singapore Dollar In Recent Months
The Ringgit has risen over 4.5% against the SGD since July - backed by a stronger economy and being a potential winner of the imminent Fed rate cuts.
Diversify beyond tech: multi-sector Dow Jones ETF brings blue chips to Singapore
The SPDR Dow Jones Industrial Average ETF Trust, which is listed locally, tracks 30 prominent US companies. Read more. Read more at straitstimes.com.
Singapore Leads With $1 Billion in Stablecoin Transactions Amid Global Push
Eric Jardine, the Lead of Cybercrimes Research at Chainalysis, noted that businesses are increasingly adopting these tokens due to their “efficiency and low cost.” Furthermore, stablecoin transactions ...
Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.
IPO frenzy goes next level! Bajaj Housing Finance receives Rs 3.2 lakh crore bids; GMP zooms over 100%
The IPO secured bids worth more than Rs 3.23 lakh crore. The robust demand was led by institutional investors who made bids worth Rs 2.6 lakh crore.
GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say
SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering investing in appliance maker Midea Group’s Hong Kong listing, sources said. Read more at The ...
Bajaj Housing Finance IPO sees Rs 3.2 lakh crore bids, GMP crosses 100%
The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...
Hillhouse, GIC Are Said in Talks to Invest in Midea’s Hong Kong IPO
Alternative asset manager Hillhouse Investment and Singapore sovereign wealth fund GIC Pte are considering investing in appliance maker Midea Group Co.’s Hong Kong listing, according to people ...
Man who sold wife’s Singpass details gets 18 months’ jail under stiffer sentencing guidelines
The Singpass details were used to create a bank account that funnelled S$397,995 in scam proceeds from a 76-year-old victim.