The company came out with Rs 2800 crore IPO. This would be firs listing in 13 years from Jindal group after JSW Energy. The IPO was subscribed 37.37 times. Qualified institutional buyer’s portion was ...
Central bank announces new savings bond with average yield of 3.32%
Singapore’s central bank said investment amounts have a minimum of $500 and in multiples of $500. The total amount of Savings Bonds you can hold at any one time cannot exceed $200,000. The upcoming ...
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 ...
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 ...
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 ...
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 ...
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.
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).
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.
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.
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.
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.
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.
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).
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 ...
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.