SGX-listed Oversea-Chinese Banking Corp. Ltd. (SG:O39), or OCBC, has won the accolade of UOB Kay Hian analyst Jonathan Koh as the top banking pick ...
Lazada cuts staff amid speculation of upcoming IPO
Lazada declined to disclose how many in Singapore and South-east Asia were affected and whether they got a severance package. Read more at straitstimes.com.
Singapore’s investment outlook in 2024 unlikely to be hurt by Significant Investments Review Bill
GLOBAL economic uncertainty aside, one question for Singapore’s foreign investment outlook in 2024 is a proposed law to scrutinise significant investments in critical entities. Read more at The ...
Singapore stocks end lower in first 2024 session; STI down 0.3%
SINGAPORE stocks started 2024 weaker amid mixed trading across the region. The benchmark Straits Times Index (STI) fell 0.3 per cent or 10.32 points to close at 3,229.95 on Tuesday (Jan 2). Shares of ...
Singapore Stock Market on sale! Analysts say it’s severely undervalued
SINGAPORE: Insiders said that the Singapore stock market is severely undervalued, supported by metrics such... The post Singapore Stock Market on sale! Analysts say it’s severely undervalued appeared ...
UOB Kay Hian downgrades Singapore banking sector to ‘market weight’ amid anticipated interest rate downcycle
UOB Kay Hian analyst Jonathan Koh has downgraded the Singapore banking sector to “market weight” amid an upcoming interest rate downcycle. The US Federal Reserve has paused its rate hike for the third ...
Singapore dollar has chance of three-peat on inflation fight
The Singapore dollar beat out all its Asian counterparts in each of the past two years. The chance of leading the region for a third straight year rests with the central bank.
Singapore stocks open stronger on Tuesday; STI up 0.5%
Banking stocks rose in early morning trade. DBS : D05 +0.54% was trading up 0.6 per cent or S$0.20 at S$33.61. UOB : U11 +0.81% was up 0.7 per cent or S$0.21 at S$28.66, and OCBC : O39 +0.23% rose 0.3 ...
Singapore’s Q4 GDP growth speeds up
Singapore's economy grew 1.2% in 2023, moderating from the 3.6% growth in 2022, preliminary government data showed on Tuesday. Gross domestic product (GDP) was up 2.8% in the October to December ...
Q4 growth of 2.8% on manufacturing upturn lifts Singapore’s 2023 full-year growth to 1.2%
SINGAPORE’S economy expanded 1.2 per cent year on year in 2023, pulled up by stronger growth in the fourth quarter, advance estimates from the Ministry of Trade and Industry (MTI) showed on Tuesday ...
Saudi fund outpaces Singapore’s GIC with US$31.6 billion splurge
Saudi Arabia’s Public Investment Fund emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers slashed spending.
Saudi Fund Outpaces Singapore’s GIC With $31.6 Billion Splurge
Saudi Arabia’s Public Investment Fund emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC Pte and Temasek Holdings Pte ...
S’pore stock market is undervalued
SINGAPORE: Compared with other markets, the Singapore market has been more subdued, with the Straits Times Index (STI) spending the last three months of 2023 range-bound between 3,050 and 3,150 points ...
How I will invest $1 million in 2024? (as a Singapore investor)
With that in mind, how would I invest as a Singapore investor in 2024? What are the key short / mid term trends for this decade? (as a Singapore Investor) The way I see it, the key mid term trends for ...
Top Stock Market Highlights of the Week: ComfortDelGro, Sumitomo Life Purchasing Singlife and Singapore’s Core Inflation
One of the largest insurance deals in Asia has just been announced. Sumitomo Life Insurance Company has offered to buy a 35% stake in Singapore Life Holdings (“Singlife”) from TPG and make an offer to ...
35-year-old man asks, “Is it too late to start investing?” after inflation freaks him out
SINGAPORE: A 35-year-old man took to social media to ask whether it was too late... The post 35-year-old man asks, “Is it too late to start investing?” after inflation freaks him out appeared first on ...