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Tag: finance

Posted on 26/04/2024

DBS raises CLINT’s TP to $1.30, calls it the ‘fastest growing REIT’ with an inbuilt pipeline

DBS keeps 'buy' on CapitaLand India Trust with raised target price, points to strong pipeline of projects and healthy DPU CAGR.

Posted on 26/04/2024

DBS upgrades iFast to ‘buy’ with higher TP of $9.57 as outlook turns more positive

DBS Group Research analyst Ling Lee Keng has upgraded iFast Corporation to “buy” from “hold” previously as the group’s outlook turns more positive.

Posted on 26/04/2024

Singapore’s economy boosted by Taylor Swift, Coldplay shows; over half of concertgoers ‘likely’ from overseas

The Monetary Authority of Singapore (MAS) noted estimates by private-sector analysts indicating the concerts could have generated tourism receipts of up to S$450 million.

Posted on 26/04/2024

CapitaLand Investment Q1 revenue dips 0.2% to $650 million

The group highlighted higher contributions from Japan, where it added three rental housing properties. Read more at straitstimes.com.

Posted on 26/04/2024

S’pore microchip firms see growth and investment boom as generative AI proliferates

Singapore is poised to emerge as a critical supplier and processing node for semiconductors that can handle the vast computing and memory needs of running generative a ...

Posted on 26/04/2024

Singapore stocks end lower after US market wobbles ahead of inflation data; STI down 0.2%

The cautious mood left the Straits Times Index (STI) down 5.38 points or 0.2 per cent at 3,287.75 with losers beating gainers 311 to 271 across the broader market on trade of 1.5 billion securities ...

Posted on 26/04/2024

Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses

The solution aims to help businesses manage their cash flow. Funding Societies has entered into a strategic partnership with E-Business (SGeBIZ) to bring business-to-business (B2B) embedded finance ...

Posted on 25/04/2024

Money laundering accused who faces 22 charges to plead guilty on May 14

TURKEY passport holder Vang Shuiming, who has the most charges out of the 10 foreign nationals involved in Singapore’s largest money laundering case, is expected to plead guilty on May 14, court ...

Posted on 25/04/2024

CVC Ups Deal Size to €2.3 Billion, May Price IPO at Mid-Point

CVC Capital Partners increased the size of its initial public offering by €500 million ($536 million), and is likely to price the share sale in Amsterdam at the middle of an initially proposed range, ...

Posted on 25/04/2024

Tokyo Exchange Courts Asian Startups for IPOs

The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent ascent to record highs and positioning itself as a preferred fundraising destination for companies ...

Posted on 25/04/2024

Singapore stocks declined on Thursday—STI dipped by 1.1%

SINGAPORE: Singapore stocks declined on Thursday morning, mirroring the lacklustre performance seen in global markets.... The post Singapore stocks declined on Thursday—STI dipped by 1.1% appeared fir ...

Posted on 25/04/2024

Withers Gathers Class Action Suit Against Cord Blood Bank in Singapore

The scope of the claims may extend beyond mere refunds, touching on complex issues related to the loss of potential life-saving treatments, Withers said.

Posted on 25/04/2024

Intrigue Surrounds Billion Dollar Money Laundering Case: 10 Suspects’ Profiles Unveiled

In a shocking turn of events, Singaporean authorities have uncovered a complex web of money laundering amounting to S$2.8 billion. This case is popularly known as the Billion Dollar Money Laundering ...

Posted on 25/04/2024

Standard Chartered partners with Visa to enhance cross-border payments

In addition to participating in the Visa B2B Connect multilateral payment network, the bank also joins as a new settlement partner ...

Posted on 25/04/2024

Singapore’s billion-dollar money laundering case: Suspect to plead guilty as he faces new charge of using criminal proceeds to buy S$332,280 car

Three more charges were read yesterday to a suspect in a S$2.8 billion (RM9.8 billion) money laundering case and he is set to plead guilty next Monday.

Posted on 25/04/2024

Singapore, APAC commercial real estate investments up in Q1

Singapore property investments hit US$2.2b last quarter. Commercial real estate transactions in Asia Pacific rose 13% YoY to US$30.5b in the first quarter, snapping seven straight quarters of decline ...

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