This finance executive has hit on the strategy of ignoring the daily, monthly and even annual returns of his portfolio. Read more at straitstimes.com.
Recent strides in AI have potential to further disrupt finance industry, but limitations remain
Is relying on the technology for advice an intelligent move, or simply artificially inflated faith? Read more at straitstimes.com.
The Monetary Authority of Singapore Demands More Disclosure From Crypto Firms
The Monetary Authority of Singapore (MAS) published a notice earlier this week, asking companies offering crypto-related services to conduct more rigorous customer due diligence. Among other things, ...
Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes
Wall Street's benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail activity weakening. That added to hopes the Fed might decide upward pressure on prices is easing ...
Explainer: How are Singapore’s CPF interest rates calculated, and should you move funds to the Special Account amid higher rates?
The Special Account is for old age and investment in retirement-related financial products. The Medisave Account is for hospitalisation and approved medical insurance. The Retirem ...
Analog Devices reaffirms its position in Singapore’s semiconductor market with a new facility
Analog Devices launched a new facility in the city-state that will serve as a central hub for its R&D, test engineering, sales, and manufacturing.
Stock Market Live: Sensex, Nifty 50 to open higher, Asian indices in the green
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher on the last trading day of the week tracking global cues. Singapore Exchange Nifty futures, an early indicator of the ...
MAS to add phasing out of coal-fired power plants in draft guidelines for Singapore’s financial sector
It aims to help financial institutions identify activities that are considered green so they can meet their net-zero goals faster. Read more at straitstimes.com.
Medical supplies firm Pasture Holdings aims to raise $5 million via all-placement IPO
Medical supplies and devices company Pasture Holdings has launched its IPO, seeking to raise gross proceeds of $5 million via selling 20 million shares priced at 25 cents each. At this price, the ...
PUPR minister invites Singaporean businessmen to invest in new capital
Minister Basuki Hadimuljono invited Singaporean investors to not hesitate to invest in the new capital city Nusantara ...
Singapore’s Olam Group to delay agricultural unit’s $1 bln IPO
Adds details about the Olam Agri IPO in further paragraphs. May 30 (Reuters) - Singapore's Olam Group OLAG.SI on Tuesday said that it does not expect the $1 billion initial public ...
Olam Agri IPO not happening in 1H2023
Olam Agri will be the first foreign company not incorporated in a Gulf Cooperation Council country to be listed in Saudi Arabia. It will also be the first dual listing on both the SGX and Tadawul as ...
CORRECTED-Singapore’s Olam Group expects delay in listing agricultural unit
Singapore's Olam Group said on Tuesday that it does not expect the initial public offering of its agricultural unit, Olam Agri Holdings, to be completed by the first half of 2023. (Reporting by ...
UPDATE 1-Singapore’s Olam Group to delay agricultural unit’s $1 bln IPO
Singapore's Olam Group on Tuesday said that it does not expect the $1 billion initial public offering of its agricultural unit, Olam Agri Holdings, to be completed in the first half of 2023. The ...
Singapore’s Temasek Slashes Salary of Employees Who Recommended $275 Million FTX Investment
On Monday, Singapore’s state-owned investment company Temasek said it was slashing the salary for teams that had suggested it was a good idea to invest in the now collapsed crypto firm FTX, almost six ...
Singapore’s Temasek cuts employee compensation for failed FTX investment decision
Temasek, Singapore’s state-owned investment firm, said on Monday that it has cut the pay of senior management and the investment team involved in the decision to invest in the now-bankrupt FTX ...