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Tag: finance

Posted on 21/09/2023

Singapore may split liabiilty for phishing losses between banks and victims

Won't someone please think of the banks? Singapore officials announced on Monday that next month they will deliver a consultation paper detailing a split liability scheme that will mean both consumers ...

Posted on 20/09/2023

Singapore money laundering case snowballs further to over S$2.4 billion in assets seized or frozen

SINGAPORE: A massive, transnational money laundering case that surfaced in Singapore has further swelled to now involve over S$2.4 billion (US$1.8 billion) in seized or frozen assets. This more than d ...

Posted on 20/09/2023

5 Singapore Stocks That Paid Out Dividends in September

We profile five stocks that dished out dividends this month. The post 5 Singapore Stocks That Paid Out Dividends in September appeared first on The Smart Investor.

Posted on 20/09/2023

India’s Ola Electric eyes IPO filing by end-Oct in expedited listing plan-sources

Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising. In an email to its bankers and lawyers on Sunday, an Ola ...

Posted on 20/09/2023

Ola Electric eyes IPO filing by Oct-end to raise up to $700 mn: Report

Ola Electric plans to file regulatory papers for its up to $700-million IPO before the end of October as the e-scooter maker fast-tracks its listing move, said a report on Wednesday. Backed by ...

Posted on 20/09/2023

Ola Electric Likely To File For IPO By October-end In Expedited Listing Plan: Report

Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising.

Posted on 20/09/2023

RHB downgrades UOB to ‘neutral’ on limited potential upside to share price

As at RHB’s report on Sept 18, shares in the bank closed at $29.20 as at Sept 15. In comparison, the team’s unchanged target price of $31.70 offers an upside of 9%.

Posted on 20/09/2023

Son of Singapore’s Former Prime Minister Charged With False Trading Offenses

The development adds to a number of scandals in the financial hub known for its zero tolerance for corruption.

Posted on 20/09/2023

SGX: DBS Anticipates Profit Surge at ComfortDelGro with Public Transport Fare Hike

The Singapore-based bank DBS anticipates higher profits for ComfortDelGro Corporation Limited (SG:C52) following a 7% hike in public transport ...

Posted on 20/09/2023

Son of Singapore’s former PM Goh Chok Tong among 4 men charged with false trading

Goh Jin Hian is accused of conspiring with the other three men to manipulate securities prices of New Silkroutes Group He was CEO of the investment holding firm from June 2015. Prosecutors say he ...

Posted on 20/09/2023

Former Singapore PM Goh Chok Tong’s son among 4 men charged with false trading

Prosecutors say he might receive more charges at a later date Goh Jin Hian, the former chief executive officer of Singapore-based investment holding company New Silkroutes Group, was charged on ...

Posted on 20/09/2023

Soft Start Seen For Singapore Shares

The Singapore stock market has moved lower in consecutive trading days, sinking almost 40 points or 1.2 percent in that span. The ...

Posted on 19/09/2023

Singapore shares fall as cautious investors await Fed’s next move

SINGAPORE shares fell on Tuesday (Sep 19) in tandem with most regional indices, with investors cautiously waiting on the upcoming US Federal Reserve meeting that is taking place over the next two days ...

Posted on 19/09/2023

3 Singapore Blue-Chip Stocks with Rising Dividends and Great Prospects

We profile three well-known blue-chip names that reported higher dividends along with optimistic business prospects. The post 3 Singapore Blue-Chip Stocks with Rising Dividends and Great Prospects ...

Posted on 19/09/2023

UOB Kay Hian ups UMS’s TP to $1.56 after its key customer raises its earnings guidance

Analyst John Cheong sees the company as being “well-positioned” to benefit from the recovery of the semicon industry.

Posted on 19/09/2023

BlackRock’s largest Singapore-based ETF launch targets Asian climate action

BlackRock (NYSE:BLK), the world's largest asset manager, has launched its largest equity exchange-traded fund (ETF) in Singapore to date. The iShares MSCI Asia ex-Japan Climate Action ETF, valued at ...

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