Secondary listings on the SGX is one way for companies to reach out to a wider investor base and to attract more capital to the company
First Brunei-managed fund debuts in Singapore
Securities Sdn Bhd (BIBDS) launched the SGD-Hedged share classes (both accumulation and distribution classes) for the Lion-BIBDS Islamic Enhanced Liquidity Fund in Singapore recently.
Top Stock Market Highlights of the Week: DBS Group, Sembcorp Industries, Berkshire Hathaway and Apple
Welcome to this week’s edition of top stock market highlights. DBS released its second quarter of 2024 (2Q 2024) earnings earlier this week. Singapore’s largest bank saw total income rise 9% year on ...
Singaporeans slam vitriol against Piyush Gupta as he prepares to exit DBS
While many Singaporeans congratulated Mr Gupta for a job well done at DBS, a vocal minority on social media have responded by spewing xenophobic and racist vitriol.
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 ...
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.
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.
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.
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 ...
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 ...
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.
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), ...
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 ...
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.
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 ...
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.