Welcome to this week’s edition of top stock market highlights. DBS released its second quarter of 2024 (2Q 2024) earnings earlier this week. Singapore’s largest bank saw total income rise 9% year on ...
Stock market unwinding has further to go despite latest sell-off, say analysts
The carnage across global stock markets this week is forcing investors here and elsewhere to take a hard look at their portfolios in light of concerns over the United States economy. Join ST's ...
One of world’s youngest billionaires Bhavish Aggarwal to double fortune on Ola IPO
NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.
Unicommerce IPO GMP Today: Grey market premium indicating listing gains?
The SoftBank-backed company in February said it was expanding its overseas operations by onboarding more clients. It is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.
One of World’s youngest billionaires to double fortune on Ola IPO
NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of ...
Singapore can’t just keep going down same path, PM Wong says
Singapore cannot afford to cruise along and only rely on existing formulas to chart its future path, says Prime Minister Lawrence Wong on his maiden ...
Singaporean behind multimillion-dollar wine investment scheme charged with cheating offences
SINGAPORE – A Singaporean behind a multimillion-dollar wine investment scheme left Singapore in 2011, shortly before the police began investigations into the enterprise. Following his return to ...
Early-stage deals shine in Singapore’s fintech space amidst ‘cautious’ investors’
There were 52 early-stage deals in Sinagpore in H1 versus just 25 later-stage deals. Fintech deal activity in Singapore rose but the total value of investments fell during the first six months of 2024 ...
Singapore seeks solutions to boost stock market
The Singaporean Government has been researching solutions to revive the domestic stock market as many companies have weakened in recent years amid high interest rates.
Man charged with misappropriating S$12 million from wine investment scheme
SINGAPORE: A man who was behind a multi-million dollar wine investment scheme was on Thursday (Aug 8) charged for cheating and related offences. Eldric Ko, the former CEO of Premium Liquid Assets ...
Singaporean behind multi-million dollar wine investment scheme charged
SINGAPORE - A Singaporean behind a multi-million dollar wine investment scheme left Singapore in 2011 shortly before the police began investigations into the enterprise. Following his return to ...
Who is Tan Su Shan, Singapore bank DBS’s incoming CEO?
Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years.
Ambani, Bajaj, Birla collectively hold $460 bn, equating to Singapore’s GDP
India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.
Unicommerce eSolutions IPO Subscription: Day 3 Live Updates
SoftBank-backed Unicommerce eSolutions Ltd.'s initial public offering will close on Thursday. The offering was subscribed 12.23 times on Wednesday and 2.43 times on the opening day of its subscription ...
Isetan Singapore’s minority shareholders approve scheme of arrangement to privatise company
Isetan Singapore announced that the scheme meeting which required a super majority to approve the proposed acquisition of Isetan by its major shareholder Isetan Mitsukoshi, was approved with 91.38% of ...
Singapore Shares May See Renewed Consolidation On Thursday
(RTTNews) - The Singapore stock market on Wednesday ended the four-day losing streak in which it had plummeted more than 255 points or 7.8 percent. The Straits Times Index now rests just beneath the 3 ...