DBS Bank Ltd (星展銀行) on Wednesday cut its forecast for Taiwan’s economic growth for next year to 2.3 percent, after in April estimating 3 percent GDP growth, citing downside factors such as a global ...
KNM’s board gives nod to Borsig’s listing in Singapore, eyes market cap of up to US$300 mil
KNM Group Bhd plans to list its indirect wholly-owned subsidiary Borsig GmbH on the Main Board of the Singapore Stock Exchange Securities Trading Ltd (SGX-ST) by way of an initial public offering (IPO ...
Alibaba Cloud eyes Web3 potential, participation on Singapore government cloud
Chinese cloud vendor will introduce a blockchain node service next quarter as it pushes ahead with its Web3 strategy and is keen to play a role on Singapore's roadmap to move its government services ...
Singapore’s November NODX sinks below expectations with 14.6% y-o-y decline
Singapore’s non-oil domestic exports (NODX) contracted for the second straight month at -14.6% y-o-y in November. According to UOB’s global economics and market research team led by Suan Teck Kin, the ...
RHB ups UOB’s TP to $34.90; earnings expected to grow by ‘healthy’ 18% in FY2023
In addition to the higher TP, the team has upped its net profit estimate for the FY2023 to FY2024 by 5% and 7% respectively.
Listed Singapore firms improve in corporate governance despite pandemic challenges
SINGAPORE - The bigger publicly listed companies in Singapore performed better than they did in 2019 in terms of corporate governance standards and practices, even amid the challenges of the Covid-19 ...
Stock Market LIVE Updates: Sensex sheds 300 pts, Nifty nears 18,300; GMM Pfaudler tanks 10%, HCL Tech 2%
Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised to end the week higher after a series of positive oil demand ...
SGX Nifty down 65 points; here’s what changed for market while you were sleeping
Foreign portfolio investors (FPIs) on Thursday net sold shares worth Rs 711 crore, provisional data showed. DIIs net bought shares to the tune of Rs 261 crore.
Briefs: Fed still has ‘some ways to go’, Japfa’s AustAsia to launch IPO on Dec 15
Fed still has ‘some ways to go’ Chair Jerome Powell said the US Federal Reserve (Fed) is still working toward ending its anti-inflation campaign of interest-rate increases as officials signalled ...
Citibank forecasts positive outlook for Asian economy in 2023
The Thai economy is expected to grow further in 2023 as a result of the tourism recovery, an increase in private sector spending, as well as easing inflation. In any case, there remain downside risks ...
The art of investing – bridging the accessibility gap for the masses
Investing, which was once seen as unapproachable by the majority, is now almost regarded as a necessity and with good reason.
Ultra-Rich Chinese Push Premier Singapore Golf Entry Fee to $618,000 for Expats
In a year when everything from stocks and bonds to cryptocurrencies have tumbled, an investment in Singapore’s most elite golf club stands out.
Singapore stocks decline on Friday’s open as export figures contract; STI down 0.4%
SINGAPORE shares declined on Friday (Dec 16) after the Republic’s non-oil domestic exports (NODX) posted sharper-than- expected falls, and major exchanges in the US and Europe posted their biggest ...
CNA Explains: What’s the environmental cost of Singapore’s currency?
How often does Singapore replace its banknotes? Are the polymer notes that it uses environmentally friendly? CNA looks at the carbon footprint of the notes and coins in your wallet.
DBS: Singapore REITs will be resilient in 2023
Real estate investment trusts (REITs) in Singapore will remain attractive to investors amid market volatility, according to DBS Group Holdings Ltd.
Singapore Market falls on hawkish Fed
At closing bell, the Straits Times Index (STI) index was down 4.82 points or 0.15% to 3,273.75 after trading between 3,256.79 and 3,287.53. Volume was 1.31 billion shares worth S$1.03 billion changed ...