SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...
Singapore medtech startup raises US$7 million to expand accessible respiratory care globally
SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. Read more at The Business Times.
Malaysia IPOs jump as economy improves and investors return to the stock market
There were 28 initial public offerings on Bursa Malaysia in the first seven months of the year. Read more at straitstimes.com.
Me & My Money: Her first investment failed, but fintech firm exec says investing early is no mistake
Investing from a young age allows one to take advantage of dollar-cost averaging. Read more at straitstimes.com.
Guide To Understanding Secondary Listings On The Singapore Exchange (SGX)
Secondary listings on the SGX is one way for companies to reach out to a wider investor base and to attract more capital to the company
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.
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 ...
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 ...
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.
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.
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 ...
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 ...
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 ...
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 ...
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.
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 ...