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Posted on 10/08/2024

First Brunei-managed fund debuts in Singapore

Securities Sdn Bhd (BIBDS) launched the SGD-Hedged share classes (both accumulation and distribution classes) for the Lion-BIBDS Islamic Enhanced Liquidity Fund in Singapore recently.

Posted on 10/08/2024

Top Stock Market Highlights of the Week: DBS Group, Sembcorp Industries, Berkshire Hathaway and Apple

Welcome to this week’s edition of top stock market highlights. DBS released its second quarter of 2024 (2Q 2024) earnings earlier this week. Singapore’s largest bank saw total income rise 9% year on ...

Posted on 09/08/2024

Stock market unwinding has further to go despite latest sell-off, say analysts

The carnage across global stock markets this week is forcing investors here and elsewhere to take a hard look at their portfolios in light of concerns over the United States economy. Join ST's ...

Posted on 09/08/2024

One of world’s youngest billionaires Bhavish Aggarwal to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.

Posted on 09/08/2024

Unicommerce IPO GMP Today: Grey market premium indicating listing gains?

The SoftBank-backed company in February said it was expanding its overseas operations by onboarding more clients. It is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.

Posted on 09/08/2024

One of World’s youngest billionaires to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of ...

Posted on 09/08/2024

Singapore can’t just keep going down same path, PM Wong says

Singapore cannot afford to cruise along and only rely on existing formulas to chart its future path, says Prime Minister Lawrence Wong on his maiden ...

Posted on 09/08/2024

Singaporean behind multimillion-dollar wine investment scheme charged with cheating offences

SINGAPORE – A Singaporean behind a multimillion-dollar wine investment scheme left Singapore in 2011, shortly before the police began investigations into the enterprise. Following his return to ...

Posted on 08/08/2024

Early-stage deals shine in Singapore’s fintech space amidst ‘cautious’ investors’

There were 52 early-stage deals in Sinagpore in H1 versus just 25 later-stage deals. Fintech deal activity in Singapore rose but the total value of investments fell during the first six months of 2024 ...

Posted on 08/08/2024

Singapore seeks solutions to boost stock market

The Singaporean Government has been researching solutions to revive the domestic stock market as many companies have weakened in recent years amid high interest rates.

Posted on 08/08/2024

Man charged with misappropriating S$12 million from wine investment scheme

SINGAPORE: A man who was behind a multi-million dollar wine investment scheme was on Thursday (Aug 8) charged for cheating and related offences. Eldric Ko, the former CEO of Premium Liquid Assets ...

Posted on 08/08/2024

Singaporean behind multi-million dollar wine investment scheme charged

SINGAPORE - A Singaporean behind a multi-million dollar wine investment scheme left Singapore in 2011 shortly before the police began investigations into the enterprise. Following his return to ...

Posted on 08/08/2024

Who is Tan Su Shan, Singapore bank DBS’s incoming CEO?

Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years.

Posted on 08/08/2024

Ambani, Bajaj, Birla collectively hold $460 bn, equating to Singapore’s GDP

India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.

Posted on 08/08/2024

Unicommerce eSolutions IPO Subscription: Day 3 Live Updates

SoftBank-backed Unicommerce eSolutions Ltd.'s initial public offering will close on Thursday. The offering was subscribed 12.23 times on Wednesday and 2.43 times on the opening day of its subscription ...

Posted on 08/08/2024

Isetan Singapore’s minority shareholders approve scheme of arrangement to privatise company

Isetan Singapore announced that the scheme meeting which required a super majority to approve the proposed acquisition of Isetan by its major shareholder Isetan Mitsukoshi, was approved with 91.38% of ...

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