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Tag: stock market

Posted on 24/05/2025

‘Replicating Singapore’s path’: Ambani to double bet to Rs 75,000 cr, Adani to invest Rs 50,000 cr in Northeast

India’s corporate giants Reliance Industries and Adani Group on Thursday announced massive new investment commitments for the Northeast, signalling a bold push to transform the region into an economic ...

Posted on 23/05/2025

Mukesh Ambani pledges Rs 75,000 crore for North-East, sees ‘Singapore-like success’; Gautam Adani to invest Rs 50,000 crore

Reliance Industries and Adani Group have pledged substantial investments of Rs 75,000 crore and Rs 50,000 crore respectively, at the Rising Northeast Investors Summit 2025.

Posted on 23/05/2025

More companies, including some from Singapore, eye listings in Hong Kong

Singapore biotech firm Mirxes began trading in Hong Kong on May 23 at a valuation exceeding US$1 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 23/05/2025

Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow

SINGAPORE] Trust Bank on Friday (May 23) reported net interest income of S$72.8 million for the financial year ended Dec 31, 2024, up 124.7 per cent from S$32.4 million a year ago. Read more at The ...

Posted on 23/05/2025

Trust Bank revenue doubles to S$97m whilst losses narrow in 2024

Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said. Trust Bank’s revenue rose 148% to S$97m in 2024 from S$39m in 2023, according to a report. Operating losses narrowed to ...

Posted on 23/05/2025

Issue 149: Funds take lion’s share of global blended finance volumes; Singapore upgrades sustainability reporting training syllabus

Blended finance at critical crossroads, says Convergence; accounting regulator publishes guide for sustainability reporting trainers Read more at The Business Times.

Posted on 23/05/2025

Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal

HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two ...

Posted on 23/05/2025

Singapore market a ‘safe haven’ amid global volatility; market reforms signal upside potential: Morgan Stanley

SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent. Read more at The ...

Posted on 23/05/2025

Singapore shipbroker Vantage plans New York listing as it targets global expansion

Vantage Corp is aiming to become the only New York-listed shipbroker with plans to launch an initial public offering. Securities filings show the Singapore parent of Vantage Shipbrokers is aiming to ...

Posted on 23/05/2025

HK debutant Mirxes says China-Singapore ‘dual engine’ will drive growth amid global changes

Lihan Zhou, CEO and Co-Founder of Mirxes, a Singapore-based bio-test company, discusses the company's Hong Kong IPO and growth prospects.

Posted on 23/05/2025

Malaysia and Singapore are struggling to stay neutral in US-China trade war

Senior ministers warn that Southeast Asian nations are finding it increasingly difficult to remain neutral as the growing trade conflict between the United States and China forces them to choose sides ...

Posted on 23/05/2025

Morgan Stanley raises Singapore equities target by 13% with reforms underway, outperformance seen ‘enduring’

Singapore's safe haven status caps downside risk while ongoing market reforms present upside potential, and we see its outperformance over global equities enduring' ...

Posted on 23/05/2025

Asia Must Not Succumb to Tariff Retaliation, Singapore Cbank Official Says

Despite having a free-trade agreement and running a trade deficit with the United States, Singapore has been slapped with a 10% baseline tariff rate by Washington. Other Southeast Asian countries have ...

Posted on 23/05/2025

CNA938 Rewind – Stock take today: Rising bond yields, Stagflation risks, Asia week ahead

On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist at Invesco Asia Pacific.

Posted on 23/05/2025

Stock Market LIVE: GIFT Nifty signals positive open for Sensex, Nifty; Asia climbs; US ends mixed

On Thursday, US markets closed mixed as concerns over rising interest rates and an expanding federal deficit weighed on sentiment. The 30-year Treasury yield climbed to its highest level since 2023 ...

Posted on 23/05/2025

Genting Singapore sees a soft start to the year

Genting Singapore (GENS) recently reported its 1QFY2025 ended March 31 results, which saw earnings decline by 41% y-o-y to $145 million. On a q-o-q basis, earnings grew 2%.

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  • Singapore’s core inflation inches up to 0.7% in April; headline inflation at 0.9% 24/05/2025
  • Singapore cabinet sworn in as PM Lawrence Wong vows to steer country through new world order 24/05/2025
  • ‘Replicating Singapore’s path’: Ambani to double bet to Rs 75,000 cr, Adani to invest Rs 50,000 cr in Northeast 24/05/2025
  • Crypto Awareness Hits 94% in Singapore, But Ownership Slips 24/05/2025
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  • Six men in Singapore charged over child sexual exploitation offences, including commercial sex with 12-year-old 23/05/2025
  • Mukesh Ambani pledges Rs 75,000 crore for North-East, sees ‘Singapore-like success’; Gautam Adani to invest Rs 50,000 crore 23/05/2025
  • More companies, including some from Singapore, eye listings in Hong Kong 23/05/2025
  • Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow 23/05/2025
  • Trust Bank revenue doubles to S$97m whilst losses narrow in 2024 23/05/2025
  • Issue 149: Funds take lion’s share of global blended finance volumes; Singapore upgrades sustainability reporting training syllabus 23/05/2025
  • Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal 23/05/2025

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