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Tag: finance

Posted on 14/11/2024

Analysts generally positive on OCBC following 3QFY2024 earnings, with most raising their TPs

UOB Kay Hian, Maybank Securities, PhillipCapital, CGSI and Goldman Sachs have maintained their “buy” calls on OCBC.

Posted on 14/11/2024

More Singaporeans invest, but worries persist over overspending, lack of retirement planning: OCBC survey

MORE Singaporeans are investing and on track with their investment goals, with fixed-income assets such as Treasury bills (T-bills) playing a big role, a survey by OCBC found. Read more at The ...

Posted on 14/11/2024

Shein margin wobble takes bite out of IPO value

Shein’s planned stock-market float has always seemed dicey. The Singapore-headquartered fast-fashion group, which has Chinese roots, is exposed to rising Sino-U.S. tensions and environmental scrutiny.

Posted on 14/11/2024

HSBC, UOBKH, Maybank, RHB, CGSI and Citi maintain ‘buy’ on Singtel following its 1HFY2025 results

HSBC, CGSI and UOBKH have kept their target price unchanged at $3.65, $3.70 and $3.58, respectively. Citi has kept its target price of $3.60, while RHB has a target price of $3.60 as well.

Posted on 14/11/2024

Singapore investors more likely than those in other regions to increase their crypto allocation in 2025: Sygnum survey

Sygnum, a global digital asset banking group with headquarters in Zurich and Singapore, has revealed the results of its annual Future Finance survey which measures and analyzes the core interests, ...

Posted on 14/11/2024

Singapore calls for regulation of ‘finfluencers’ as MAS pushes for licensing of social media financial advisors

The Monetary Authority of Singapore (MAS) anyone regularly offering paid or free financial advice online to be licensed under the Financial Advisers Act.

Posted on 14/11/2024

Eligible adult Singaporeans to receive cash payouts, MediSave and CPF top-ups in December 2024

SINGAPORE - Eligible adult Singaporeans will be receiving various ... Singaporeans without PayNow-NRIC linked bank accounts, but who have an account with DBS, POSB, OCBC or UOB, may provide their bank ...

Posted on 14/11/2024

Singapore stocks retreated as trading began on Thursday—STI dropped by 0.3%

Singapore banks were also mixed as trading began. UOB was the only gainer among the three major banks, edging up 0.1%, or S$0.03, to S$35.53. DBS dropped 1.3%, or S$0.57, to S$42.21. OCBC also slipped ...

Posted on 14/11/2024

Singapore Bourse May Be Stuck In Neutral On Thursday

(RTTNews) - The Singapore stock market bounced higher again on Wednesday, one day after ending the six-day winning streak in which it had surged almost 185 points or 5.1 percent. The Straits Times ...

Posted on 14/11/2024

Attika Group raises $4.62m with fully subscribed Catalist IPO

The Singapore-based full-service commercial interior decoration and MEP (mechanical, electrical, and plumbing) engineering company debuted on SGX on 8 November.

Posted on 14/11/2024

DBS share buyback raises questions on capital management as counter hits all-time high

DBS has been active on the capital-management front in recent years. It raised dividends in tandem with profit growth, and issued bonus shares after the release of record 2023 results. Read more at ...

Posted on 14/11/2024

Yong Wee Loon is first Singaporean in over 10 years to win UOB Painting of the Year award

SINGAPORE – Local artist Yong Wee Loon, 63, won the 43rd UOB Southeast Asian Painting of the Year (POY) award at a ceremony held at the National Gallery Singapore on Nov 13. Mr Yong also won the award ...

Posted on 13/11/2024

Invest in what works instead of ‘buying insurance’ to keep Singapore successful: SM Lee

SM Lee was sharing his insights on governance at the Edwin L. Godkin Lecture during his US trip. Read more at straitstimes.com.

Posted on 13/11/2024

Niva Bupa IPO: Listing share price prediction – What GMP signals for stock debut on NSE, BSE

The company had fixed a price band in the range of Rs 70 to Rs 74 per share for its Rs 2200 crore IPO. One lot contained 200 shares, which translates to a minimum investment of Rs 14,800. The 3-day ...

Posted on 13/11/2024

Blackbuck IPO sees 24% subscription on day 1

Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, opened its initial public offering (IPO) on Wednesday, with investors subscribing to 24% of the total shares ...

Posted on 13/11/2024

Swiggy’s India IPO Defies Weak Market With 17% Listing Gain

Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, driven by strong investor interest in India’s burgeoning quick-commerce ...

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