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Tag: finance

Posted on 14/02/2023

Singapore’s GIC rethinks China strategy after significant pullback

Singapore’s sovereign wealth fund GIC has put the brakes on private investments in China as it steps up scrutiny of risks in the world’s second-biggest economy. GIC, one of the world’s largest ...

Posted on 14/02/2023

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

Aspire, the Singapore-based neobank that wants to become the financial ... Aspire began offering more services, including bank accounts for cross-border businesses, corporate cards, payable and ...

Posted on 14/02/2023

Singapore-based edtech IMMRSIV sets terms for proposed $11M US IPO

Singapore-based edtech IMMRSIV has disclosed terms for a proposed $11M US initial public offering. IMMRSIV said in a filing that it was looking at offering 2.4M ordinary shares pr ...

Posted on 14/02/2023

Link Reit sinks as surprise US$2.4 billion cash call triggers a sell-off in Hong Kong property stocks amid debt concerns

Link Reit, Asia’s biggest real estate investment trust, is asking US$2.4 billion from unit holders to help repay debt. Investors surprised by the cash call dumped the stock and other Hong Kong ...

Posted on 13/02/2023

Singapore banks: Adani saga raises doubts about overseas push

Singapore’s lenders have long benefited from the city state ... DBS trades at more than 1.8 times tangible book value, nearly double that of Asia-focused peers such as HSBC. The substantial premium ...

Posted on 13/02/2023

Man thanks SMRT bus captain for ‘saving his day’ after returning bag he left at ATM

An SMRT bus captain made a Stomper's day with a simple kind gesture. Stomper Raven told Stomp that he had accidentally left a plastic bag next to a POSB ATM at Hillion Mall on Sunday morning (Feb 12).

Posted on 13/02/2023

Singapore Exchange Saw its 1H FY2023 Net Profit Jump 30%: 5 Highlights from the Bourse Operator’s Latest Earnings

One reason for the weaker numbers could be the volatility in stock markets. A total of four new IPOs raised ... we cover the best performing stocks and blue chips in the Singapore market in 2022. Look ...

Posted on 13/02/2023

Market LIVE Updates: Sensex and Nifty 50 likely to open lower, Asian markets in the red

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower on first trading day of the week amid largely negative global cues. Singapore Exchange Nifty futures, an early indicator ...

Posted on 13/02/2023

Singapore downgrades fourth-quarter GDP, but keeps 2023 forecast

Singapore's economy grew slightly less than initially estimated ... For the full year, GDP grew 3.6% versus an initial 3.8% estimate. Stock picks and investing trends from CNBC Pro: 10 stocks that fit ...

Posted on 13/02/2023

Singapore bank DBS profit soars 68% in the fourth quarter, flags robust outlook

DBS, the first Singapore bank to report this season, said October-December net profit rose to a record $2.34 billion Singapore dollars ($1.76 billion) compared with an average estimate of S$2.16 ...

Posted on 13/02/2023

Singapore maintains 2023 GDP growth forecast, spurred by China reopening

Singapore (AFP) – Singapore said Monday it will stick to ... a regional economist with CIMB Private Banking. Despite the reopening of China -- the world's second-biggest economy -- and other positive ...

Posted on 13/02/2023

Singapore’s budget expected to focus on inflation and support for laid off workers

Rising inflation and layoffs are among the concerns of Singaporeans and are expected to be addressed in the Singapore Budget 2023 on Feb. 14.

Posted on 13/02/2023

Commentary: Crucial for Singapore that Budget 2023 gets balance right

SINGAPORE: With Budget 2023 to be announced on Tuesday (Feb ... and that major central banks (like the United States Federal Reserve and the European Central Bank) are easing aggressive monetary ...

Posted on 13/02/2023

Onn Hafiz: Johor has potential to receive RM10b-RM15b investment from Singapore-based international companies

Johor has the potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi.Onn Hafiz ...

Posted on 12/02/2023

Should you take out an education loan or personal loan for your higher studies?

However, the way interest is calculated for education loans in Singapore is more favourable than for personal ... For example, some education loans, such as the POSB Education Loan, require that you ...

Posted on 12/02/2023

WATCH: Brilliant Ockie Strydom shows nerves of steel to win Singapore Classic and bank R6m payday

Centurion - South African Ockie Strydom produced a stunning 72nd up-and-down birdie to win the Singapore Classic by one shot on Sunday ... jabbed it into the banking and rolled it stone dead. That ...

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