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Tag: finance

Posted on 09/08/2024

Stock market unwinding has further to go despite latest sell-off, say analysts

The carnage across global stock markets this week is forcing investors here and elsewhere to take a hard look at their portfolios in light of concerns over the United States economy. Join ST's ...

Posted on 09/08/2024

Ex-PSP member sues Singapore Kindness Movement but lawyers say charity organisation is “innocent middleman caught in crossfire”

He claims the charity organisation exposed his personal information to someone he had previously complained about.

Posted on 09/08/2024

One of world’s youngest billionaires Bhavish Aggarwal to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.

Posted on 09/08/2024

Unicommerce IPO GMP Today: Grey market premium indicating listing gains?

The SoftBank-backed company in February said it was expanding its overseas operations by onboarding more clients. It is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.

Posted on 09/08/2024

One of World’s youngest billionaires to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of ...

Posted on 09/08/2024

Singapore can’t just keep going down same path, PM Wong says

Singapore cannot afford to cruise along and only rely on existing formulas to chart its future path, says Prime Minister Lawrence Wong on his maiden ...

Posted on 09/08/2024

Venture, FCT, Sats, Sembcorp and ComfortDelGro are stocks to seek ‘shelter’ in from a ‘weak’ August: DBS

An interest rate cut by the US Fed in September is a ‘near certainty’, says PhillipCapital, who is ‘overweight’ on REITs.

Posted on 09/08/2024

GREEN OPPORTUNITIES TO SPUR GROWTH FOR STANDARD CHARTERED

Wearing two hats is no mean feat. As the newly minted chief executive officer for Asean and South Asia for Standard Chartered (StanChart), and its co-head of corporate and investment banking (CIB), ...

Posted on 09/08/2024

Singaporean behind multimillion-dollar wine investment scheme charged with cheating offences

SINGAPORE – A Singaporean behind a multimillion-dollar wine investment scheme left Singapore in 2011, shortly before the police began investigations into the enterprise. Following his return to ...

Posted on 09/08/2024

DBS’ incoming CEO should make light of filling big shoes and grow the next leadership core

DBS has done a good job of smoothly handling the thorny issue of leadership succession. It speaks well of the bank’s succession planning that the group chose an internal candidate who has served in various roles for many years to be its new chief executive officer.

Posted on 09/08/2024

Wealth management fees push Singapore bank’s profits

The increasing strength of the wealth management space in Singapore is helping the country’s banks grow their profits, while other areas of banking are slowing ...

Posted on 08/08/2024

DBS’s Piyush Gupta: The sage of Singapore heads for the exit

When Piyush Gupta was named chief executive of DBS in 2009, the Singapore lender was going nowhere in particular. He gave it drive and direction, buying assets around Asia and transforming it into the world’s best bank.

Posted on 08/08/2024

DBS shares fall 1.56% today, down 10% month-to-date, ahead of 1HFY2024 results

DBS will release its 1HFY2024 earnings during the midday break on Aug 7, and not after trading hours as previously announced.

Posted on 08/08/2024

Early-stage deals shine in Singapore’s fintech space amidst ‘cautious’ investors’

There were 52 early-stage deals in Sinagpore in H1 versus just 25 later-stage deals. Fintech deal activity in Singapore rose but the total value of investments fell during the first six months of 2024 ...

Posted on 08/08/2024

Singapore seeks solutions to boost stock market

The Singaporean Government has been researching solutions to revive the domestic stock market as many companies have weakened in recent years amid high interest rates.

Posted on 08/08/2024

Man charged with misappropriating S$12 million from wine investment scheme

SINGAPORE: A man who was behind a multi-million dollar wine investment scheme was on Thursday (Aug 8) charged for cheating and related offences. Eldric Ko, the former CEO of Premium Liquid Assets ...

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