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Tag: finance

Posted on 08/09/2023

S’pore households’ net worth up in Q2 with more money going to investing, insurance

In Q2, household net worth was up 8.9% from the same period last year to around $2.7 trillion. Read more at straitstimes.com.

Posted on 08/09/2023

Singapore Shares May Hand Back Thursday’s Gains

The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Straits ...

Posted on 08/09/2023

5 Simple Steps to Become a Singapore Stock Market Millionaire

How to master the art of Smart Investing The post 5 Simple Steps to Become a Singapore Stock Market Millionaire appeared first on The Smart Investor.

Posted on 08/09/2023

Singapore Asks Banks to Probe Dealings With Laundering Suspects

Singapore’s central bank has directed financial institutions to review any relationships with individuals tied to a money laundering scandal involving over S$1.8 billion ($1.3 billion) of assets.

Posted on 08/09/2023

New security feature on OCBC app has prevented loss of S$2 million

THE anti-malware security feature on the OCBC Digital app has prevented scammers from making away with more than S$2 million since its launch on Aug 5. Read more at The Business Times.

Posted on 08/09/2023

Interest Rates and Returns for Singapore Savings Bonds (SSB) in September 2023

In recent months, the interest rate and therefore returns of the Singapore Savings Bond (SSB) have been at record highs. Should you buy the SSB? Read on as we delve deeper into the Singapore Savings ...

Posted on 07/09/2023

IPO-bound Ola Electric raises $140 mn from Temasek-led funding round at $5.4-bn valuation: Report

While Temasek is infusing around $90 million, the firm will raise the remaining amount from family offices. This is part of the ongoing round wherein Ola Electric is planning to raise up to $250 ...

Posted on 07/09/2023

More identification of people behind decentralised finance activities needed: Watchdog

An international watchdog has called on regulators around the world to identify the entities responsible for decentralised finance (DeFi) activities and in turn throw more light on an often murky ...

Posted on 07/09/2023

Ola Electric receives $140 million funding from Singapore state investor Temasek

Singapore state investor Temasek has invested $140 million in Ola Electric Mobility Pvt. Ltd as a part of the ongoing round to raise $250 million, sources informed CNBC-TV18. This comes after Reliance ...

Posted on 07/09/2023

Australian Billionaire Wants Submarine Cable to Export Solar Power to Singapore and Beyond

SunCable could help Asia’s fossil-fuel dominated economies—particularly those with limited space for solar and wind farms—switch to cleaner electricity sources.

Posted on 07/09/2023

New security feature on OCBC banking app prevents loss of S$2 million

THE anti-malware security feature on the OCBC Digital app has prevented scammers from making away more than S$2 million since its launch on Aug 5. Read more at The Business Times.

Posted on 07/09/2023

OCBC’s Anti-Malware Feature Foiled All Scam Attempts Since August Launch

OCBC said its anti-malware security feature has prevented scammers from stealing more than S$2 million from more than 30 customers.

Posted on 07/09/2023

At least $2m in savings prevented from being stolen in malware attacks after OCBC app security update

No losses from malware scams reported by customers since updated version of OCBC banking app. Read more at straitstimes.com.

Posted on 07/09/2023

Australian Billionaire Cannon-Brookes Says $13 Billion Singapore Solar Project Is Viable

SYDNEY (Reuters) - Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable ...

Posted on 07/09/2023

Continued Consolidation Predicted For Singapore Stock Market

The Singapore stock market has moved lower in consecutive trading days, slumping more than 15 points or 0.5 percent along the way.

Posted on 07/09/2023

IPO-Bound Ola Electric Bags $140 Mn At $5.4 Bn Valuation From Temasek, Others

Ola Electric has signed an agreement to raise $140 in a funding round led by Temasek with participation from other existing investors.

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