Seatrium has secured fresh orders worth SGD 11bn ($8.1bn) after Brazil’s Petrobras ordered two more floating production, storage and offloading (FPSOs) at the group. Construction for the P-84 and P-85 ...
Banks, utilities top Morgan Stanley’s top stocks in Singapore
DBS, OCBC, Singtel, Sembcorp and Genting are its top picks. Defying global uncertainties, Singapore’s equity market is well-positioned to benefit from elevated interest rates with high-dividend stocks ...
Philippine Senate probes mayor linked to couple in Singapore’s S$3b money laundering case
THE mayor of a small town in the Philippines, who is said to own 16 vehicles and a helicopter, has been linked to two foreigners arrested in Singapore’s S$3 billion money laundering case. Read more at ...
Singapore Insurer’s Holders Seeking Better Offer From OCBC
A group of minority holders of Great Eastern Holdings Ltd. are resisting the S$1.4 billion ($1 billion) takeover bid from Oversea-Chinese Banking Corp., opening a new front in a longstanding fight ...
4 Singapore Retail REITs Sporting Distribution Yields of 5.5% or Higher
Here are four Singapore-listed retail REITs with distribution yields ... However, DPU fell by 14.5% year on year to S$0.021 because of higher finance costs. LREIT’s trailing 12-month DPU stood at ...
Are this month’s Singapore Savings Bonds a must buy? What is the expected allocation for each investor?
What is the expected allotment per investor on the June Singapore Savings Bonds?
An investment scheme that promises quick and easy returns? It’s likely a scam
All his investments are handled by a bank broker. Mr Lim’s main portfolio: Singapore real estate investment trusts (Reits), which he deems as “fairly low risk”. But for some, these red flags aren’t so ...
Top Stock Market Highlights of the Week: Singapore’s GDP, Nvidia and Grab
This week, we look at Singapore’s latest GDP numbers and the latest results from a blockbuster graphic processing unit company. The post Top Stock Market Highlights of the Week: Singapore’s GDP, ...
Waystar Plans $950 Million IPO Launch as Soon as Tuesday
Health-care payments software firm Waystar Holding Corp. is moving ahead with a planned US initial public offering that’s expected to launch as soon as Tuesday, according to people familiar with the ...
Singapore Exchange Market falls 0.18%
City market commenced trading with weak note after robust US economic data along with hawkish minutes from the Fed's last meeting earlier in the week has led traders to dial back their bets on rate ...
Singapore stocks end lower on Friday as investor appetite sours; STI down 0.2%
LOCAL shares ended the last trading day of the week in the red, as hawkish cues from the US Federal Reserve hit trader sentiment. Observers warn that the recent bull run noted in equity markets around ...
Singapore braces for sleepless nights as US cuts trade settlement to T+1
On May 28, the US will shift to T+1 where securities trades are settled within one business day after execution. Read more at straitstimes.com.
SG’s finance and insurance industry expands 6.5% in Q1’24
Insurance was one of the economy’s growth drivers in the quarter, In the first quarter of 2024 (Q1’24), the Singapore economy grew by 2.7% year-on-year (YoY). Key sectors driving gross domestic ...
Monetary Authority of Singapore (MAS) and People’s Bank of China to Advance Cooperation in Green Finance
The Monetary Authority of Singapore (MAS) and People’s Bank of China discussed initiatives to advance cooperation in green and transition finance.
Analysis-US stock changes push FX trades into Asia’s ‘twilight zone’
A shortening of U.S. stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets ...
Singapore shares remained mostly flat on Thursday—STI dip 0.02%
SINGAPORE: Singapore shares remained mostly flat on Thursday morning, following a quiet trading session after... The post Singapore shares remained mostly flat on Thursday—STI dip 0.02% appeared first ...