Brokerage has taken remedial action to strengthen its policies and procedures, says SGX RegCo Read more at straitstimes.com.
42% of Singapore respondents will only start planning for retirement within five years of their planned retirement date
A survey by Sun Life Singapore also found that 16% of Singapore retirees have not planned their retirement expenses.
Singapore’s Endowus platform brings commission-free investments to Hong Kong, using AI and wealthtech
Hong Kong head Steffanie Yuen worked at Ant Group and Value Partners before meeting Endowus founders Gregory Van and Samuel Rhee.
Export growth lifts investor sentiment, sending STI up 1%
Losers outnumber gainers 296 to 278, after 1.5 billion securities worth $1.2 billion changed hands. Read more at straitstimes.com.
Singapore never got to see its own spac frenzy
In 2021 alone, the US witnessed 610 spac IPOs, raising US$160.75 billion ($210.42 billion). This surge was driven by various factors, including favourable market conditions, enthusiasm for high-growth ...
Singapore Stock Market May Reclaim 3,600-Point Level
The Singapore stock market has ticked lower in consecutive trading days, although it has given up just over 5 points or 0.15 percent ...
What Should Singapore Investors Do When Interest Rates Decline?
As interest rates decline in the coming year, investors will need to look at other alternatives if they wish to continue earning good returns ...
Electric scooter startup Gogoro expands to Singapore as it tries to rely less on its home base of Taiwan
The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.
Lower Open Called For Singapore Stock Market
The Singapore stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slumped almost 25 ...
Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price
JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.
Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry
On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.
S’pore shares dip, with Jardine Matheson leading losses, ahead of earnings
Losers outnumber gainers 350 to 235, with 1.7 billion securities worth $1.3 billion changing hands. Read more at straitstimes.com.
Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed
In total, the private placement and public tranches have a subscription rate of 1.4 times. Read more at straitstimes.com.
GIC and BlackRock snap up Hyundai India shares in record $4.3 billion IPO
Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...
India’s biggest IPO off to a slow start, subscribed 0.18x on Day 1
Hyundai IPO India IPO automotive sector Hyundai Motors subscription trends retail investors anchor investors Government of Singapore ...
Hyundai IPO a test of investor confidence in India’s ambition to be manufacturing powerhouse
The IPO proceedings could help Hyundai narrow market gaps in India, expand its facilities to serve global markets, analysts say.