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Tag: finance

Posted on 18/09/2024

Overbought Singapore Shares Called Higher Again On Wednesday

(RTTNews) - The Singapore stock market has finished higher in seven straight sessions, advancing more than 140 points or 3.9 percent along the way. The Straits Times Index now sits just above the ...

Posted on 18/09/2024

KKR-Backed Livspace Nears Its First Profit on Path Toward IPO

Livspace, a home interiors and renovation platform backed by KKR & Co. and Goldman Sachs Group Inc., expects to record its first net income in the first quarter of 2025 in a step toward an initial ...

Posted on 18/09/2024

Strong winds, heavy rain batter Singapore, uprooting trees and slowing traffic

SINGAPORE – Strong winds and heavy rain lashed Singapore on the evening of Sept 17, toppling trees, snarling traffic and causing damage to a glass canopy outside UOB Plaza. A resident who lives near ...

Posted on 18/09/2024

Singapore to continue welcoming legitimate wealth and genuine investments, says Chee Hong Tat

Mr Chee said that Singapore needs to stay “open, welcoming, stable, and secure” to stand out in an increasingly turbulent and disruptive world ...

Posted on 18/09/2024

$105.74 Billion Market Cap DBS Set to Introduce Crypto Options and Structured Notes for Institutions

Singapore's largest bank DBS has announced the upcoming launch of over-the-counter options trading for Bitcoin and Ethereum tokens.

Posted on 17/09/2024

Shein’s Path to a U.S. IPO Looks Blocked. What That Means for Other China-Founded Companies.

The online apparel company reportedly filed late last year to issue stock in the U.S. Legislators have balked amid rising U.S.-China tensions.

Posted on 17/09/2024

Singapore’s DBS Bank to Launch Bitcoin and Crypto Options for Institutions

Singapore's largest bank, DBS, will begin offering OTC bitcoin and crypto options trading for institutional clients in Q4 2024. DBS is the first major Asian bank providing sophisticated Bitcoin ...

Posted on 17/09/2024

Singapore-based carbon exchange Climate Impact X brings in new CEO from financial sector

Oi-Yee Choo leaves digital platform ADDX to lead CIX, effective October, while WBSCD director Claire O’Neill will chair the company’s board.

Posted on 17/09/2024

Singapore stocks continue upward march; STI gains 0.6%

Regional markets were mixed. Hong Kong’s Hang Seng Index gained 1.4 per cent, the Jakarta Composite Index rose 0.3 per cent, and the Kuala Lumpur Composite Index gained 0.7 per cent. Meanwhile, ...

Posted on 17/09/2024

Singapore stocks continue on upward march; STI gains 0.6%

SINGAPORE stocks continued their upward rally as the Straits Times Index (STI) posted a new 52-week high on Tuesday (Sep 17). Read more at The Business Times.

Posted on 17/09/2024

China’s Fosun in talks to sell stake in Club Med to Singapore’s CapitaLand

The firm, part of Temasek Holdings-owned conglomerate CapitaLand Group, seeks to acquire from 20 to 30 per cent of the hotelier.

Posted on 17/09/2024

Crypto tie-ups heat up action in Singapore in areas of payment and stablecoin

Ahead of crypto conferences Token2049 and the Stablecoin Summit, Singapore-based cryptocurrency payment firm Triple-A on Sept 17 said DCS Card Centre’s cardmembers will be able to top up their virtual ...

Posted on 17/09/2024

Xalts collaborates with Avalanche to accelerate Real World Asset tokenization adoption by Financial Institutions

“Our collaboration with Xalts enables us to jointly offer RWA tokenization technology infrastructure and solutions to financial services institutions, including banks, asset managers, and fintechs ...

Posted on 17/09/2024

Singapore leads new finance system to speed ASEAN decarbonization

SINGAPORE -- Singapore is promoting a new type of finance that supports the early closure of coal-fired power plants in Southeast Asia, hoping to encourage decarbonization in neighboring countries ...

Posted on 17/09/2024

Singapore’s electronics exports soar amid China’s anti-tariff chips strategy

As exports reach their highest level in years, economists note market talk of China ‘front-loading chips’ in anticipation of US tariffs.

Posted on 17/09/2024

Singapore stocks rose on Tuesday’s open—STI climbed by 0.2%

The S&P 500 rose slightly, by 0.1%, to close at 5,633.09. In contrast, the tech-heavy Nasdaq Composite fell by 0.5% to 17,592.13 ...

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