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Tag: finance

Posted on 26/06/2025

Heavy trading but little weight as Singapore stocks respond to Middle East tensions

Mainboard-listed oil exploration and production company Rex International and upstream oil and gas company RH Petrogas were the two most-traded counters on June 24.

Posted on 26/06/2025

At least S$3mil lost since June to scammers who used WhatsApp screen sharing: Singapore police

SINGAPORE: Scammers posing as Monetary Authority of Singapore (MAS) officers have stolen at least S$3 million from 46 or more victims since June, by exploiting WhatsApp's screen sharing function to ...

Posted on 26/06/2025

What will drive Singapore to double its stock market value by 2030?

Singapore could even rank closer to peers like Taiwan and Australia. Singapore is on track to nearly double its stock market capitalisation by 2030, driven by productivity gains, equity market reforms ...

Posted on 26/06/2025

DBS, OCBC and UOB release study on the financial implications of nature-related risks

It aims to encourage and accelerate assessments of nature-related risks across the financial sector. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/06/2025

Should You Buy? Singapore Stocks with Big Share Buybacks

Discover which companies are buying back their shares and what could be your next investment move. The post Should You Buy? Singapore Stocks with Big Share Buybacks appeared first on The Smart ...

Posted on 26/06/2025

Singapore stocks rise on June 26 amid mixed regional trading, STI up 0.3%

Across the broader market, gainers outnumbered losers 294 to 185. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/06/2025

Singapore’s millionaire inflow to halve in 2025: report

SINGAPORE] Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in 2024, a report by investment migration consultancy ...

Posted on 26/06/2025

Singapore VC Granite Asia leads $60 million funding round for AI ‘data foundry’ Centific to fuel global expansion

The “AI data foundry” Centific closed a $60 million Series A funding round led by the Singapore-based venture fund Granite Asia, as the U.S.-based startup explores an ambitious expansion to Asia. AI ...

Posted on 26/06/2025

Vin’s Holdings lonely position as sole IPO in 2025 set to be over as new listings return

Since the story was published, two companies, Info-Tech Systems and Lum Chang Creations, have lodged their preliminary prospectus, joining the growing line of potential new issues floated over the ...

Posted on 26/06/2025

Singapore launches SPaN to overhaul national payment systems and boost financial innovation

Singapore has established Singapore Payments Network Limited (SPaN), a new not-for-profit entity designed to oversee and streamline the country’s key national payment schemes. Operational by end-2026, ...

Posted on 26/06/2025

DBS likes LHN Group as there could possibly be a spinoff from the parent company

DBS Group Research is giving some attention to LHN Group in an unrated report dated June 25.

Posted on 26/06/2025

OCBC’s Lim raises fair value for Boustead Singapore to $1.63 on multiple favourable growth trends

We look favourably upon Boustead’s growth profile in the long term as its diversified businesses provide exposure to multiple secular trends' ...

Posted on 26/06/2025

Singapore, Kenya and UK lead new alliance to revive voluntary carbon market

In a bid to close the US$1.3 trillion climate finance gap without adding to global debt burden, governments from Asia, Africa and Europe are joining forces to issue shared guardrails for the corporate ...

Posted on 26/06/2025

MAS, ABS announce new entity to oversee Singapore’s eight national payment schemes

The Singapore Payments Network aims to promote payments innovation and collaboration. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/06/2025

DBS, CapitaLand and other local stocks will be boosted by Singapore’s long-term wealth creation: Morgan Stanley

US investment bank Morgan Stanley expects stock market capitalisation in the city-state to double by 2030. Read more at The Business Times.

Posted on 26/06/2025

Singapore manufacturing hit as US reshoring cuts demand: report

Notably, 55% of Singapore’s exports to the US are now subject to a 10% tariff, with electronics and machinery forming the bulk of those goods. Singapore’s manufacturing sector is confronting mounting ...

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