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Tag: finance

Posted on 18/07/2023

Stock market today: Asian shares extend losses after China reports lower growth than expected

SINGAPORE (AP): Shares were mostly lower Tuesday in Asia ... driven by a remarkably sturdy job market. The stock market's big run has critics warning that it is not a certainty the economy will avoid ...

Posted on 18/07/2023

UOB Kay Hian Sticks to Their Hold Rating for First Resources (Singapore) (FTROF)

UOB Kay Hian analyst Leow Huey Chuen maintained a Hold rating on First Resources (Singapore) (FTROF – Research Report) today and set a ...

Posted on 18/07/2023

Singapore-based wastewater treatment startup Hydroleap raises US$4.4 mil in Series A round

Hydroleap currently works with customers like Capitaland and PUB, and aims to use this round of funds to expand across APAC.

Posted on 18/07/2023

Additional Support Anticipated For Singapore Shares

(RTTNews) - The Singapore stock market ticked higher again on Monday, one session after ending the two-day winning streak in which it had picked up more than 80 points or 2.5 percent. The Straits ...

Posted on 18/07/2023

Salesforce’s Findings Show That Consumers Crave Better Experiences from Their Bank

In Singapore, competition in the financial services industry is heating as customers grow frustrated with underwhelming digital experiences and are becoming more and more open to switching providers.

Posted on 17/07/2023

Man jailed for helping scam syndicate withdraw over $522k stolen from victims

Lim Shao Lun, 31, was sentenced to 18 months and three weeks’ jail after he pleaded guilty to four charges. Read more at straitstimes.com.

Posted on 17/07/2023

It’s up to business: Singapore says on RI’s new capital investment

Singapore says investing in Indonesia's Nusantara Capital City will be done on a commercial basis and it will depend on its business sector to make the investments.

Posted on 17/07/2023

UOB to close Myanmar Airways International bank accounts by Aug 15; a very unexpected decision says the airlines

Myanmar Airways International (MAI) has said in a statement that the decision of Singapore’s United Overseas Bank (UOB) to close its bank accounts was unexpected.

Posted on 17/07/2023

Woman cheated victims of S$1.39 million in investment scams, evaded police for 10 years

Low Mood Chay would lure her victims in by gaining their trust before telling them of a special investment scheme she had access to because of certain connections she supposedly had with owners of ...

Posted on 17/07/2023

RHB ups SGX’s TP to $9.90 despite ‘disappointing’ FY2023 market statistics

Following June’s market statistics, RHB's Shekhar Jaiswal has trimmed his earnings estimates for FY2023 to FY2025 by 3% to 4%.

Posted on 17/07/2023

Singapore key exports extend slump; analysts cautious on prospect of recovery this year

The drop was slightly less than the 15.6 per cent fall forecast by analysts in a Bloomberg poll. Read more at straitstimes.com.

Posted on 17/07/2023

HSBC Trustee outlines course of action for Sabana REIT internalisation

It's concerned with the request for SREIM to convene an EGM for Sabana Industrial REIT. Sabana Industrial REIT has shared a letter it received from HSBC Institutional Trust Services (Singapore) ...

Posted on 17/07/2023

Spurs stars Kane and Son, Liverpool’s Szoboszlai and Mac Allister set for Singapore friendlies

Spurs will play Lion City Sailors on July 26, while Liverpool will meet Leicester (July 30) and Bayern Munich (Aug 2). Read more at straitstimes.com.

Posted on 17/07/2023

Singapore Airlines Limited (SGX:C6L) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Singapore Airlines (SGX:C6L) has had a great run on the share market with its stock up by a significant 29% over ...

Posted on 17/07/2023

Chart of the Day: How did Singapore’s IPO market perform in 1H23?

Data from EY showed that Singapore only had 3 IPOs year-to-date. The number of IPOs in Singapore fell 50% YoY in 1H23, data from EY showed. According to EY’s report, Singapore only had three IPOs year ...

Posted on 17/07/2023

Hong Kong Doesn’t Need to Compete With Singapore on Property

Hong Kong has been competing hard with Singapore this year to reclaim its throne as Asia’s premier financial center. It’s now offering generous tax exemptions to incentivize the ultra-rich to set up ...

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