SINGAPORE: Singapore stocks opened flat on Friday, Aug 23, following a decline in US indices and an overnight rise in Europe’s main stock index. The Straits Times Index (STI) saw a slight uptick, ...
Singapore fintech MoneyHero makes unsolicited US$8 million bid to acquire MoneySmart
The Singapore fintech company operates online personal finance platforms that recommend financial products. It runs platforms such as Seedly and SingSaver in Singapore, and also has a presence in Hong ...
Singapore July core inflation 2.5% y/y, lowest in more than two years
Singapore's key consumer price gauge rose 2.5% in July from a year earlier, the smallest increase since February 2022, official data showed on Friday. The core inflation rate - which excludes private ...
Singapore shares open flat on Friday after US, Europe indices close mixed overnight
SINGAPORE shares opened flat on Friday (Aug 23) morning, after US indices fell and Europe’s main stock index climbed overnight. The Straits Times Index rose 0.03 point to 3,373.61 as at 9.01 am.
Scam victims in Singapore lost $385.6m in first half of 2024 as cases hit high of 26,587
Singapore is lowering the maximum limit on daily CPF withdrawals from $200,000 to $50,000, starting next month. It's also considering giving police the power to restrict a scam victim's banking ...
Revenue-Based Finance Provider Efficient Capital Labs Secures Series A Funding Co-Led by QED and 645 Ventures
Efficient Capital Labs (ECL), one of the leading revenue-based financing providers that provide non-dilutive capital to B2B SaaS companies in the South Asia-U.S. corridor, has announced fundraising of ...
Major Stake Sales and Purchases in PNB Housing Finance
Asia Opportunities V (Mauritius) sold a 3% stake in PNB Housing Finance for Rs 676 crore, while the Government of Singapore acquired 16 lakh shares for Rs 143.74 crore. This transaction reduced Asia ...
MHA mulls allowing police to restrict victims’ banking transactions to tackle scams
The restriction will be time-limited, meaning the account will be frozen temporarily. Read more at straitstimes.com.
Singapore’s Temasek to issue 2.7b offshore Chinese yuan bond
SINGAPORE - Singapore's state investment firm Temasek will issue 10-year and 30-year offshore Chinese yuan bonds with a total worth of 2.7 billion yuan ($379 million), according to the latest ...
Wang Qiming and Liu Kai: Bankers who Orchestrated Singapore’s Biggest Money-Laundering Scandal
Singapore’s reputation as a global financial hub has been shaken by a monumental money-laundering scandal involving two prominent bankers, Wang Qiming and Liu Kai. This case, which has become the ...
PNB Housing Finance falls 3% after Rs 715.60 crore block deal; Asia Opportunities V likely seller
Shares of PNB Housing Finance fell over 3 percent on August 22 after a block deal worth as much as Rs 715.60 crore took place in the counter, with Asia Opportunities V (Mauritius) being the likely ...
CDP vs. Custodian Accounts in Singapore: Which One Should You Trust with Your Investments?
Moomoo is currently running an exciting promotion, especially if you are interested in reorganizing where you want to custodise your securities. If you hold local securities in your CDP account and wo ...
CNBC-TV18 newsbreak confirmed: General Atlantic Singapore Fund FII sells 5.1% stake in PNB Housing via block deals
According to the block deal data available on the BSE, here's the list of major buyers: Singapore Government: Acquired a 1.40% stake, amounting to 36.45 lakh shares, at ₹802.5 per share.
Government of Singapore, Aditya Birla Sun Life MF are among buyers of PNB Housing Finance shares
Of the total 32 buyers, the Government Of Singapore and Aditya Birla Sun Life Mutual Fund together bought a 2.1% stake for ₹443 crore.
Bulk deals: General Atlantic Singapore Fund FII exits PNB Housing Finance
Government of Singapore bought a 1.4 percent stake in PNB Housing Finance at an average price of Rs 802.5 per share on August 21, as per the bulk deals data on the exchanges showed. However, General ...
PNB Housing sees 5% equity change hands as General Atlantic Singapore likely exits
Around 1.39 crore shares, representing a 5 percent stake in PNB Housing Finance were sold in a block deal on August 21, with private equity investor General Atlantic Singapore Fund being the likely ...