When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened.
Stock Market Today Live Updates: SGX Nifty signals a muted start; Asian shares trade mixed
Tokyo shares opened higher Wednesday following gains on Wall Street, while investors awaited the release of US inflation data later in the day.The benchmark Nikkei 225 index rose 0.23 percent, or 64.86 points, to 27,988.23 in early trade, while the broader Topix index added 0.61 percent, or 13.52 points, to 2,005.37.
Metaverse: OCBC Bank Introduces OCBCx65Chulia in Decentraland to “Redefine” Access to Banking
OCBC Bank has reportedly opened the doors to a different banking experience on leading Metaverse platform Decentraland.
4 Singapore Semiconductor Stocks Well-Positioned to Pay Higher Dividends
These four stocks may be temporarily affected by the microchip downturn, but remain poised to pay out higher dividends once the recovery takes hold. The post 4 Singapore Semiconductor Stocks ...
Mirxes applies for Singapore IPO, but may be lured by Hong Kong
HOMEGROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...
Singapore stocks see muted trading as caution reigns ahead of key data; STI up 0.1%
In the wider Singapore market, gainers outnumbered losers 305 to 256 ... Genting Singapore was the most actively traded constituent stock. The integrated resort operator fell 0.9 per cent or S$0.01 to ...
Rich Chinese splashing out on luxury have yet to invest big in Singapore
Hedge funds, banks and private equity firms say there has been a relative pittance of new business from ultra-rich Chinese emigres. Read more at straitstimes.com.
4 Singapore REITs That Boast Consistent DPU Increases
That said, it is not enough to just select any REIT out of the myriad of choices on the Singapore stock market. What you need to look for are REITs with a track record of consistent increases in their ...
JJ Lin appears to hit back at talk that he lost money investing in virtual property
He bought land in the metaverse for $163,000 in 2021 but its value has dropped by 90 per cent. Read more at straitstimes.com.
Guide to the Best Cash Management Accounts in Singapore (2023)
Cash management accounts in Singapore are high in liquidity and without lock-in periods, however they can only be opened with financial institutions such as brokerages, investment platforms or ...
Sembcorp Marine finance chief heads for the door
William Goh had steered company through industry downturn and completion of merger with Keppel Offshore & Marine ...
D-Street New Week Opening Triggers: Dow Futures, SGX Nifty, Asian Stocks
The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, traded 0.08% or 15 points lower at 8:40 am on Monday, indicating a lower opening on Dalal Street.
Stock Market Live: Sensex, Nifty 50 poised for a muted start, Asian indices mixed
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open flat on first trading day of the week tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty ...
Singapore’s casino resort expansions mired in delays
The city-state reached an agreement in 2019 with both Marina Bay Sands and Resorts World Sentosa on expansions involving a total of 9 billion Singapore dollars ($6.77 billion) in investments for the ...
Global IPO proceeds down by 61% in 1Q2023, Southeast Asia’s up by 40%, says EY
The first quarter of 2023 saw a total of 299 IPOs raising US$21.5 billion ($28.56 billion) in proceeds, representing an 8% and 61% decrease y-o-y, respectively. According to EY’s Global IPO Trends ...
Singapore plans new guidance for banks to vet crypto clients
Stablecoin, non-fungible tokens as well as transferable gaming or streaming credits will also be covered under this initiative.