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Posted on 17/07/2024

Singapore’s NODX declined by 8.7% in June; drop mainly due to non-electronics

Singapore’s non-oil domestic exports (NODX) declined by 8.7% on a y-o-y basis in June, after May’s 0.7% decrease.

Posted on 17/07/2024

Singapore shares inch up at Wednesday’s open; STI up 0.1%

SINGAPORE stocks opened slightly stronger on Wednesday (Jul 17), tracking a rally on Wall Street after the Dow and S&P 500 notched fresh records. The Straits Times Index (STI) rose 0.1 per cent or ...

Posted on 17/07/2024

Singapore police: Jho Low’s DoJ deal doesn’t halt 1MDB criminal probe; Interpol red notice remains in effect

The Singapore Police Force announced yesterday that they are still actively pursuing Malaysian fugitive Low Taek Jho, known as Jho Low, in connection with the multibillion-dollar 1Malaysia Development ...

Posted on 17/07/2024

Singapore’s June exports fall 8.7% y/y, steeper than forecast

Singapore's non-oil domestic exports fell 8.7% in June from the same month a year earlier, data showed on Wednesday, weighed down mainly by falls in non-electronic products.

Posted on 17/07/2024

10 Types Of Investment You Can Make With Tiger Brokers – The All-In-One Brokerage For Singapore Investors

Tiger Brokers is an MAS-licensed broker, providing a one-stop brokerage service while charging very competitive brokerage fees.

Posted on 17/07/2024

Funding potential SGX listings is a step in the right direction, but shouldn’t we prioritise IPO first-timers?

Temasek-backed investment firm 65 Equity Partners said it had invested S$100 million into precision manufacturer Hi-P International as a prelude for an eventual listing, most likely on the Singapore ...

Posted on 17/07/2024

China Aviation Oil (Singapore) (SGX:G92) Will Be Hoping To Turn Its Returns On Capital Around

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice ...

Posted on 17/07/2024

Singapore Says Fugitive Jho Low Still Wanted in 1MDB Case

Singapore authorities said it is still pursuing Malaysian fugitive Low Taek Jho in connection with a multibillion-dollar scandal related to 1Malaysia Development Bhd.

Posted on 17/07/2024

HSBC hires former UK politician to head new infrastructure unit

Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a ...

Posted on 17/07/2024

Hard Numbers: Intuit’s mass layoff, Very expensive flip phone, AMD’s Finnish acquisition, Singapore’s millionaire class

Intuit, the company behind popular financial software Quickbooks and Turbotax, announced a mass layoff of 1,800 employees — about 10% of the company — with plans to rehire the same number with a ...

Posted on 17/07/2024

Aussie sun to power Singapore: 2671-mile undersea cable, world’s longest, approved

SunCable wins approval to develop the world's largest renewable energy project in Australia to power Darwin and Singapore.

Posted on 16/07/2024

Singapore real estate investment sales to hit up to S$25b this year

Investments are expected to gain momentum in H2 2024. According to Knight Frank, market sentiments continue to remain at muted levels as buyers and investors continue to wait for interest rates to ...

Posted on 16/07/2024

Ola Electric IPO: Valuation Likely To Be Set At $4.5 Bn

Ola Electric is reportedly likely to be valued at around $4.5 Bn for its upcoming IPO, a decline of 16-20% from its last funding round.

Posted on 16/07/2024

Singapore will keep pursuing 1MDB fugitive Jho Low, police say

The assets involved include artworks by Andy Warhol and Claude Monet, cash in bank accounts in Hong Kong, Switzerland and Singapore and properties in Singapore and elsewhere. Join ST's Telegram ... ( read original story ...)

Posted on 16/07/2024

Lessons from OCBC’s offer for Great Eastern: be unafraid to hold out, but do so with eyes open

MUCH has been said about what ails the local bourse and numerous suggestions have been put forward regarding how to inject vibrancy into Singapore’s stock market. Read more at The Business Times.

Posted on 16/07/2024

MAS seen loosening policy in October as disinflation stalls: UOB

Core inflation to start easing drastically in Q1 2025. Analysts expect normalization of Singapore's monetary policy via a slight slope reduction will only likely happen in October due to delayed ...

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