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 ...
3 Recent IPOs That Can Double in 3 Months
InvestorPlace - Stock Market News, Stock Advice & Trading Tips For investors as well as traders, it’s important to keep a close eye on ...
Infrastructure firm I Squared to invest $5 bln in Asia over next three years, executive says
Global infrastructure investor I Squared Capital is looking to invest $5 billion in the Asia Pacific from 2025 to 2027 as it seeks to tap into fast-growing sectors, including renewable energy, in the ...
Singapore’s interest in ESG investment wanes
Only 36% of Singapore investors hold ESG funds, down from 2021. The number of investors with ESG investments in Singapore decreased in 2023 compared to 2021. Data from AXA Investment Managers showed ...
SINGAPORE’S XSQUARE TECHNOLOGIES SECURES S$10.5M IN SERIES A FUNDING LED BY WAVEMAKER PARTNERS
XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised S$ 10.5 million in Series A funding. The round was led by Wavemaker ...
These countries will lead real estate investments in APAC this year
With an estimated US$761bn* sitting in global closed-ended funds at the start of the year ready for deployment into real estate, Savills forecasts investment volumes to rise in 2024. In Asia Pacific, ...
Report shows ESG investing in Singapore declining
Biggest barrier to investing was skepticism about the performance of these funds. Singapore investors have become less active in ESG investing over the past year and have grown less hopeful about the ...
Singapore Bourse May Test Support At 3,300 Points
Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had ended the three-day winning streak in which it had ...
Singapore Airlines shares slip 1.3% after turbulent flight
Singapore Airlines shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight. One passenger died of a suspected heart attack and dozens were injured after flight ...
After Singapore Airlines turbulence accident, flight crews urge buckling up
Buckle up. That is the message from flight attendants and pilots following the severe turbulence encountered by a Singapore Airlines flight on Tuesday that resulted in the death of one passenger and ...
Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list
Other backers of the company include Trifecta Capital and late-stage investors such as Singapore sovereign wealth fund GIC, Bay Partners and hedge fund Malabar Investments, who are not selling shares ...
PropertyGuru’s Q1 Stumbles: Singapore Shines, But Growth Elsewhere Sputters
PropertyGuru Group reported lower Q1 FY24 results with revenue of S$36.5M, missing consensus. Adjusted EBITDA rose to S$4M and EPS loss of S$(0.04). Outlook: revenue of S$165M-S$180M and adjusted ...