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Tag: finance

Posted on 30/08/2022

Money Talks – S1E8: What does it take to retire early in Singapore? | EP 8

What investments do you need to make in order to retire in your 50s in Singapore? Sarah Al-Khaldi sits down with veteran finance journalist Goh Eng Yeow who stopped work full-time when he was 56. He ... ( read original story ...)

Posted on 30/08/2022

Singapore to curb crypto leveraged bets, impose suitability tests

Regulators in Singapore said they may implement consumer protections for crypto investors, which could include suitability tests, curbs on leverage trading and credit facilities. ( read original story ...)

Posted on 30/08/2022

Taylor Maritime moves to take full control of Singapore’s Grindrod Shipping

London-listed Taylor Maritime Investments (TMI) is looking to fully take over Singapore-based Grindrod Shipping. The Ed Buttery-led bulker owner has submitted a non-binding offer of $26 per share in ... ( read original story ...)

Posted on 29/08/2022

Investors ‘Irrationally Oblivious’ to Crypto Trading Risks: Singapore’s Financial Regulator

In hopes of limiting high risk in the crypto sector, Singapore is looking to make it more difficult for retail investors to join the market. ( read original story ...)

Posted on 29/08/2022

Singapore: ‘Crypto Is Hazardous for Retail Investors’

Customers “seem to be irrationally oblivious about the risks of cryptocurrency trading,” a key regulator said. ( read original story ...)

Posted on 29/08/2022

Indian-Origin Woman Get 6 Months Jail Term For Cheating Bank In Singapore

A 29-year-old Indian origin single mother was on Monday sentenced to six months jail for cheating Citibank by submitting forged documents to secure loans. Kiran Kaur was jobless and facing financial ... ( read original story ...)

Posted on 29/08/2022

All fuel pump prices in Singapore rise to match increases by Caltex, Shell

SINGAPORE - All fuel pump prices here have gone up, after Shell and Caltex raised diesel by seven cents and petrol by three cents a litre on Wednesday (Aug 24).On Monday (Aug 29) afternoon, SPC became ... ( read original story ...)

Posted on 29/08/2022

Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

The head of the Monetary Authority of Singapore, Ravi Menon, insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems. ( read original story ...)

Posted on 29/08/2022

Singapore eyes crypto credit curbs but China-style ban unlikely

Singapore is unlikely to head down China's path in imposing a sweeping ban on cryptocurrencies, but will work to make conditions more stringent for investors who wish to speculate on the digital ... ( read original story ...)

Posted on 29/08/2022

Singapore Unveils Long-Term Work Visas to End Talent Crunch

Singapore is overhauling visa rules to attract foreign workers and ease a tight labor market that’s contributing to wage and price pressures.Most Read from BloombergPowell Heaps Pressure on Risk Senti ... ( read original story ...)

Posted on 29/08/2022

‘I just felt really stupid’: How a scam victim almost lost more than S$1 million – until police and the bank intervened

Scams were the top driver of crime in the first half of 2022 with more than 14,000 cases reported – 85% more than in the same period last year, says the Singapore Police Force. ( read original story ...)

Posted on 29/08/2022

Single mother jailed over Citibank cheating case, 13th person to date

"Charles told the accused not to worry and that the accused did not need to satisfy the requisite income level to qualify for a bank loan." He got Kaur to divulge her Singpass login details and told ... ( read original story ...)

Posted on 29/08/2022

Singapore central bank mulls customer suitability test, restriction on use of credit for cryptocurrency trading to protect retail consumers

To further reduce consumer harm caused by volatile cryptocurrency investments, the Monetary Authority of Singapore (MAS) is considering ... ( read original story ...)

Posted on 29/08/2022

UOB Kay Hian, OCBC analysts find ThaiBev’s valuation attractive and undemanding amid ‘solid’ 3QFY2022 results

UOB Kay Hian analyst Llelleythan Tan has maintained his “buy” call for Thai Beverage (ThaiBev) with a lowered target price (TP) of 89 cents from 94 cents previously. While Tan sees ThaiBev as an ... ( read original story ...)

Posted on 29/08/2022

Stock Market Live Updates: SGX Nifty signals a gap-down start; Asian stocks trade lower

Nifty futures on the Singapore Exchange traded 362 points, or 2.05 per cent, lower at 17,297, signaling that Dalal Street was headed for a gap-down start on Monday. Procter & Gamble Health, Sindhu ... ( read original story ...)

Posted on 29/08/2022

Stock Market LIVE Updates: Sensex and Nifty50 likely to make a gap-down start today — all eyes on Reliance AGM

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to begin the week sharply lower tracking weakness across global markets, after Fed Chair Jerome Powell sounded more hawkish than many had ... ( read original story ...)

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