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Tag: stock market

Posted on 14/04/2025

Olam Group to finance business reorganisation with proceeds from sale of remaining Olam Agri stake

SINGAPORE] Agribusiness giant Olam Group announced plans to finance the reorganisation of its business using divestment proceeds from two sources of funds. Read more at The Business Times.

Posted on 12/04/2025

Best bank offers in Singapore (April 2025): Win a Lilo & Stitch-inspired Hawaii vacation, get up to 50% off flights, and more

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don't end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 12/04/2025

Singapore Exchange upgraded to Neutral from Sell at Goldman Sachs

Goldman Sachs upgraded Singapore Exchange (SPXCY) to Neutral from Sell with a price target of S$13, up from S$10.80. The firm, which notes that ...

Posted on 12/04/2025

Ten trading days that shook financial markets

The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of San Francisco, California, but in his appendix. It would have to come out, just as his ...

Posted on 11/04/2025

Singapore bank stocks rebound after nearly S$49 billion selloff on Trump tariff fears

Even with the surprise reversal by US President Donald Trump overnight, one analyst remains cautious in his outlook for the Singapore banks, noting that "the damage has been done".

Posted on 11/04/2025

Chinese restaurant in Singapore goes viral for imposing 104% surcharge on Americans

The signs appeared shortly after US President Donald Trump declared a 104 per cent tariff on Chinese goods, which many speculated may have prompted the restaurant’s response.

Posted on 11/04/2025

Automotive group Vin’s Holdings aims for greater gains in used-car space with IPO

Singaporean auto group seeks to further “robust growth” from 2021 to 2023 by investing listing proceeds into IT infrastructure and expansion Read more at The Business Times.

Posted on 11/04/2025

Vin’s Holdings revs up expansion plans with year’s first IPO

Vin's plans to use the IPO proceeds to further expand its presence in Singapore and to ramp up its digital capabilities.

Posted on 11/04/2025

Finance director nearly loses $670k to scammers using deepfakes to pose as senior execs

He had joined a Zoom video call with the company’s CEO, who was impersonated using deepfake technology. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/04/2025

AmChamSG affirms US trade surplus with Singapore in call for dialogue on tariffs

AmCham said it is forming a trade task force to gather relevant member feedback. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/04/2025

Singapore’s RV Capital Is Set to Join the Hedge Fund Influx Into Dubai

Singapore-based macro hedge fund RV Capital Management is set to open an office in Dubai, a move that will further bolster the Middle Eastern city’s credentials as a burgeoning hub for the industry.

Posted on 10/04/2025

IFBH seeks Hong Kong IPO as coconut water bottler exits Singapore to be near China market

IFBH Limited switches its listing plan to Hong Kong from Singapore because of the HKEX’s ‘strong connectivity’ with mainland China, its largest market, it says.

Posted on 10/04/2025

Financial independence with at least $1 million is a ‘realistic’ goal for 72% of Singapore residents: CIMB study

The goal of at least $1 million might seem big but 72% of Singapore residents believe this is a realistic goal, with 43% of them confident of their managing their finances to achieve financial ...

Posted on 10/04/2025

4 Singapore Blue-Chip Stocks That Hiked Their Dividends by Double-Digit Percentages

Looking for higher dividends? Here are four blue-chip stocks that have increased their dividends significantly. The post 4 Singapore Blue-Chip Stocks That Hiked Their Dividends by Double-Digit ...

Posted on 10/04/2025

Singapore stocks see biggest drop since global financial crisis as STI plunges 7.5%

Hong Kong sinks 13.2 per cent as Asian markets reel from Trump tariffs and fears of a global recession. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/04/2025

Cuckoo Malaysia delays IPO due to volatile global market

SINGAPORE] Household goods maker Cuckoo International (MAL) is postponing its initial public offering (IPO) on the Malaysian stock exchange by two months due to the current global market volatility, ...

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