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Tag: finance

Posted on 03/10/2023

Concerned about an economic downturn? Here’s how you can invest amid uncertainty

Mr Tan, who is in his 40s, was previously an economist with UOB. He has also held economic and investment research roles with the Singapore Government and other global banks. Q: How should I start ...

Posted on 03/10/2023

IPO Roundup: Abivax, Lexeo Therapeutics and more

Despite the initial sluggishness, the IPO market has shown robust performance so far in 2023. The Renaissance IPO Index has risen by 31% year-to-date, outpacing the 12% increase in the S&P 500. This ...

Posted on 03/10/2023

Crypto exchange Coinbase wins key Singapore license

The license, issued by Singapore’s central bank, will allow Coinbase to offer digital payment token services to individuals and institutions in the city-state. Coinbase called Singapore a "vital ...

Posted on 02/10/2023

Coinbase (COIN) Stock Pops 5% on Singapore License News

Coinbase has announced a new license from Singapore's Monetary Authority and that news has shares of COIN stock on the rise Monday!More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New ...

Posted on 02/10/2023

Singapore Savings Bond 10-year average yield hits year-to-date high of 3.32%

THE average return per year for the latest tranche of the Singapore Savings Bond (SSBs) has reached a new year-to-date high of 3.32 per cent. Read more at The Business Times.

Posted on 02/10/2023

Parliament to hear three ministerial statements on Singapore’s anti-money laundering efforts

SINGAPORE: The recent billion-dollar money laundering case will be addressed in three ministerial statements at the next Parliament sitting on Tuesday (Oct 3).

Posted on 02/10/2023

Singapore SPAC Vertex Makes S$925 Million Play for Livestreaming Company

A blank-check company from Singapore plans to acquire a Taiwan-based social-entertainment platform in what would be the first such acquisition in the city-state.

Posted on 02/10/2023

Unemployment support in Singapore likely to come with conditions such as skills upgrading: Economists

To prevent abuse of the system, unemployment benefits could be restricted to those who lost their jobs under involuntary circumstances and not due to poor work performance, economists say.

Posted on 02/10/2023

Singapore stocks end first trading day of Q4 in red, STI down 0.3%

Across the broader market, decliners outnumbered advancers 200 to 184, with 950.5 million securities worth $782.9 million changing hands Read more at straitstimes.com.

Posted on 02/10/2023

MAS working with DBS to find cause of PayNow disruption

The regulator is also following up on the bank's handling of affected customers and transactions. Read more at straitstimes.com.

Posted on 02/10/2023

Singapore picks up speed in digital asset, blockchain race as firms look to expand

In just the last two weeks, a number of tie-ups between Web3 and non-Web3 firms were announced. Read more at straitstimes.com.

Posted on 02/10/2023

Coinbase secures major payment institution license in Singapore

In a significant move for the cryptocurrency industry, Coinbase, a leading crypto exchange operator, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS).

Posted on 02/10/2023

Man, 74, loses $70k life savings to scammer who told him he ‘had a lot of wisdom and experience’

For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out soon after. Read more at stomp.straitstimes.com ...

Posted on 02/10/2023

Woman in S’pore loses over RM380,000 after downloading third-party app to buy durian tour ticket

A part-time bakery worker lost over US$81,000 (RM381,307 or S$111,000) to scammers who siphoned money from her two DBS bank accounts after infecting her Android phone with malware.

Posted on 02/10/2023

DBS keeps ‘buy’ call on Singtel following long-awaited divestment of loss-making Trustwave

According to Singtel, the divestment is expected to be completed by the fourth quarter and will not have a material impact on its FY2024 ending March 2024. In its Oct 2 note, DBS points out that ahead ...

Posted on 02/10/2023

Battambang courts agro investment from Singapore

Battambang provincial governor Sok Lou highlighted the region’s agricultural potential, especially its quality rice, in his recent meeting with Singaporean ambassador Teo Lay Cheng. Lou encouraged ...

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