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Tag: finance

Posted on 13/09/2024

Singapore government, 2 others buy PNB Housing Fin shares worth Rs 178 crore

The Singapore government, Monetary Authority of Singapore and Goldman Sachs on Thursday increased their stakes in PNB Housing Finance for Rs 178 crore through open market transactions. According to ...

Posted on 13/09/2024

Singapore growth likely at upper end of 2-3% range, MAS managing director says

Singapore's economy is likely to grow at the upper end of its 2-3% growth range, the managing director of the country's central bank said on Friday. In July, the Monetary Authority of Singapore, the ...

Posted on 13/09/2024

Singapore govt, 2 others buy PNB Housing Fin shares worth Rs 178 cr

The Singapore government, Monetary Authority of Singapore and Goldman Sachs on Thursday increased their stakes in PNB Housing Finance for Rs 178 crore through open market transactions ...

Posted on 13/09/2024

Singapore Govt and Goldman Sachs Boost Stakes in PNB Housing Finance

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.

Posted on 12/09/2024

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 ...

Posted on 12/09/2024

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.

Posted on 12/09/2024

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 ...

Posted on 12/09/2024

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.

Posted on 12/09/2024

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 ...

Posted on 12/09/2024

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.

Posted on 12/09/2024

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.

Posted on 12/09/2024

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.

Posted on 12/09/2024

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 ...

Posted on 12/09/2024

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.

Posted on 11/09/2024

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.

Posted on 11/09/2024

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 ...

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