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Tag: finance

Posted on 13/11/2022

Open letter: Did Temasek invest Singapore’s reserves in “highly speculative” companies with due diligence?

I read that Temasek participated in all 3 rounds of FTX’s fundraising. Should Singapore’s SWFs (including Temasek) invest in companies/funds with “highly speculative nature of the business model and ...

Posted on 13/11/2022

Singapore bank DBS uses DeFi to trade FX and state securities

Singapore’s DBS Bank has launched a trading test of FX and government securities using private DeFi pools on a public blockchain.

Posted on 13/11/2022

Singapore’s First REIT in hunt for MPT’s Healthscope property portfolio

Singapore healthcare real estate investment trust First REIT is pursuing the portfolio of Healthscope properties that were purchased by Medical Properties Trust in 2019 for 1.2bn.

Posted on 13/11/2022

NoonTalk IPO: 5 Things To Know About NoonTalk, The Media Company Founded By Dasmond Koh, Looking To List On SGX

Dasmond Koh doesn't just host the Sheng Siong show. He is also running a business that intends to list on the SGX. The post NoonTalk IPO: 5 Things To Know About NoonTalk, The Media Company Founded By ...

Posted on 12/11/2022

DFSA Fines Dh4.11M On Bank Of Singapore

The Dubai Financial Services Authority (DFSA) has imposed a fine of $1,120,000 (Dh4,113,200) on the DIFC branch of Bank of Singapore Limited for ...

Posted on 12/11/2022

Inox Green Energy IPO subscribed 46% on day 1 on Friday. Check GMP, key details

IPO got subscribed 46% on the first day of subscription on Friday and received bids for 3.05 crore shares against 6.67 crore shares on offer, according to the NSE data. The portion for Retail ...

Posted on 12/11/2022

S$1 spent = 1 yuu Point, up to 30x multiplier on everyday purchases till Jan. 2023 with yuu, a new loyalty programme in S’pore

The main difference between yuu and everything else out there at the moment is that yuu is a brand coalition loyalty programme. This means that it is an ecosystem for people to ea ...

Posted on 12/11/2022

Top Stock Market Highlights of the Week: ST Engineering, StarHub, SATS and Meta Platforms

We delve into the latest earnings from two companies and also recent corporate developments at both ST Engineering and Meta Platforms. The post Top Stock Market Highlights of the Week: ST Engineering, ...

Posted on 12/11/2022

Singapore’s central bank partners New York Fed to explore wholesale CBDCs

The Monetary Authority of Singapore (MAS) has partnered The New York Innovation Center of the Federal Reserve Bank of New York, to study if wholesale central bank digital currencies (wCBDCs) can make ...

Posted on 12/11/2022

Joint news release: OCBC Bank and NTU Singapore to embark on a $5 million research collaboration

OCBC Bank and Nanyang Technological University Singapore (NTU Singapore) today announced that they have embarked on a S$5 million research collaboration over the next five years, to develop innovative ...

Posted on 11/11/2022

Singapore stocks surge as US inflation begins to slow; STI up 1.7%

The more benign American inflation figures that turbocharged Wall Street overnight worked their magic in the region as well on Friday. Read more at straitstimes.com.

Posted on 11/11/2022

Singapore stocks rally alongside regional peers following bull run on Wall Street

All this comes after Wall Street stocks put on their strongest showing in 2½ years on Thursday. Read more at straitstimes.com.

Posted on 11/11/2022

Puma Community Run happening at scenic routes like Marina Barrage & Punggol Town from Nov. 13 to 30, 2022

As part of this year's Standard Chartered Singapore Marathon, Puma will be launching its new #RUNPUMA initiative. Part of the initiative includes the Puma Community Run. The community run will see ...

Posted on 11/11/2022

OCBC Bank, NTU Singapore enter $5m research collaboration

They aim to develop solutions for sustainability, data privacy, and cyber security OCBC Bank and Nanyang Technological University Singapore signed an agreement for a $5m research for the development ...

Posted on 11/11/2022

Weakening yen hits DHLT despite strong occupancy and long WALE: DBS

DBS Group Research analysts Dale Lai and Derek Tan have cut their target price on Daiwa House Logistics Trust (DHLT) from 99 cents to 75 cents, but still maintained their “buy” call on the stock. The ...

Posted on 11/11/2022

Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI

Singapore ranked 6th amongst APAC countries with the highest investment volume. Thanks to Singapore's buoyant office sector, the market saw a 30% YoY increase in its commercial real estate activity in ...

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