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Tag: finance

Posted on 25/09/2023

Woman finds $10 deal for fish fillets on Facebook, ends up losing over $44k to scammers

An online order for grouper fillets that was supposed to cost $10 ended up costing one woman more than $44,000 after scammers took control of her Android phone and banking details remotely. Read more ...

Posted on 25/09/2023

DBS clinches most investment banking fees in Singapore

Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting. DBS Group Holdings has captured the biggest share of investment banking fees in Singapore across the ...

Posted on 25/09/2023

Singapore’s investment banking fees decline on fewer M&As

Banks also recorded lower DCM fees compared to the first nine months of 2022. Banks in Singapore generated an estimated US$585.2m worth of investment banking fees in the first nine months of 2023, 20% ...

Posted on 25/09/2023

Singapore investment banking fees down 20% year to date, M&A value falls to decade low

INVESTMENT banking fees generated in the first three quarters of 2023 amounted to an estimated US$585.2 million, down 20 per cent compared with the first nine months of 2022, based on Refinitiv data ...

Posted on 25/09/2023

UOB Kay Hian ups SingPost’s TP to 51.5 cents after postage rate hike

With the postal rate hike, we now reckon that the domestic parcel and post (DPP) segment has reached a bottom." ...

Posted on 25/09/2023

Singapore’s Largest Money Laundering Case Sees Assets Worth $1.76bn Seized, includes Crypto

In what is being touted as Singapore's most significant money laundering operation, authorities reported a staggering increase in the total value of assets ...

Posted on 24/09/2023

Odyssey Makes a Splash at TOKEN2049 Summit in Singapore, Garnering High Market Attention

We provide diversified investment consulting, portfolio ... The post Odyssey Makes a Splash at TOKEN2049 Summit in Singapore, Garnering High Market Attention appeared first on Globe PR Wire.

Posted on 24/09/2023

JSW Infrastructure IPO opens on Monday. What GMP signals ahead of subscription

Ahead of the IPO, the company raised Rs 1,260 crore through the allotment of shares to anchor investors. The company has allotted 10,58,82,352 shares to anchor investors at Rs 119 apiece ...

Posted on 24/09/2023

OCBC reiterates ‘buy’ on Dyna-Mac, sees recent drop a ‘buying opportunity’

Ada Lim of OCBC Investment Research has reiterated her 'buy' call and 50.5 cents target price on Dyna-Mac Holdings.

Posted on 24/09/2023

Singapore banks tighten scrutiny of clients after money-laundering scandal

The Monetary Authority of Singapore, the central bank, sent a note last month to all financial institutions, including asset managers, instructing them to scrutinise dealings with the suspects as well ...

Posted on 24/09/2023

HSBC-backed Startup Silent Eight Eyes IPO, With Tremendous Potential Ahead

Singapore-based startup Silent Eight is harnessing the power of artificial intelligence (AI) to assist financial institutions in their battle against money laundering and other financial crimes. And ...

Posted on 23/09/2023

NTU, NUS, and Temasek to invest $75 million in commercialisation of deep tech ventures

Its Emerging Technologies team identifies disruptive technology investment opportunities addressing market inflections and helps to scale Singapore’s deep tech ecosystem by investing in and building ...

Posted on 23/09/2023

NTU, NUS, and Temasek to invest $75 million to accelerate commercialisation of deep tech ventures

The Nanyang Technological University, Singapore (NTU Singapore), the National University of Singapore (NUS), and Temasek have today signed a Memorandum of Understanding (MOU) to embark on a joint $75 ...

Posted on 23/09/2023

Woman loses over $44k after downloading third-party app to buy fish

Scammers increased her credit limits and siphoned out money from her bank accounts. Read more at straitstimes.com.

Posted on 23/09/2023

Top Stock Market Highlights of the Week: US Federal Reserve, Singtel, Singapore Post and Public Transport Fare Hikes

We look at the US Federal Reserve’s latest move and examine the impact of public transport fare hikes on two companies’ top line. The post Top Stock Market Highlights of the Week: US Federal Reserve, ...

Posted on 23/09/2023

JSW Infrastructure to launch IPO on September 25 after securing $170 million from anchor investors

Monetary Authority of Singapore, Morgan Stanley, Fullerton, HSBC Trustee, and Goldman Sachs. The forthcoming IPO marks the first for the JSW group in over a decade. The group's last IPO was in 2010 ...

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