Asia’s major banks are seeing a widening gap between ESG leaders and laggards, as regulators in the region ramp up scrutiny of sustainable finance, according to WWF-Singapore. While leading banks in ...
KPMG calls for clarity over wealth taxes, policies to spur green investments in Budget 2023 wish list
CLARITY on whether Singapore will be introducing wealth taxes in the near future and policies to spur greater green investments were among the proposals recommended in KPMG’s Budget 2023 wish list on ...
KPMG proposes Budget 2023 measures to drive Singapore’s green and inclusive growth towards lasting paths for businesses
Green finance will be key to powering Singapore's sustainability – spurring blended finance and transition finance ecosystems will be instrumental in intensifying green investments Forging a ...
Molecular Group announce the establishment of its new investment company XMG Capital in Singapore
Chainwire Molecular Group, a leading investment firm based in Hong Kong, is pleased to announce the establishment of its new investment company, XMG Capital. Located in Singapore, a hub for the ...
Jail for man linked to scam where retiree’s life savings of $1m were transferred to other bank accounts
Dickson Jong recruited a man whose bank account was used to receive about $250,000 of the victim’s money. Read more at straitstimes.com.
Singapore health tech startup Holmusk raises $45m
Nasdaq-listed health technology firm Veradigm on Wednesday announced a strategic investment in Singapore- and New York-headquartered data analytics startup Holmusk. Veradigm (formerly Allscripts ...
Mapletree Investments, PAG to Acquire Hong Kong’s Goldin Financial Global Centre
Singapore-based real-estate developer Mapletree Investments and PAG Private Equity have agreed to form a 50/50 joint venture to acquire Hong Kong’s Goldin Financial Global Centre.
The Stock Market Has Crashed 20%. Here’s 5 Things Investors Can Do In A Bear Market
It can be scary to invest during a market crash, especially if we don’t know what we’re doing. Bear markets are typically defined as a 20% drop in the broad stock market. The S&P 500 Index, a ...
Saudi wealth fund joins US$930 mil pre-IPO bet on Kakao Entertainment Corp
Kakao Entertainment Corp. has won US$930 million ($1.24 billion) from investors including Saudi Arabia’s sovereign wealth fund, securing one of the country’s largest-ever financing rounds at a time ...
Market LIVE Updates: SGX Nifty futures indicate a positive start for Sensex and Nifty
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Friday amid positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...
Foreigners’ dry powder is fuel for a long stock market rally in China
Foreign investors have barely begun buying back beaten-down stocks in China, but there are growing signs that the end of the country's tough COVID-zero policy marks the beginning of a long global ...
Singapore Market gains 0.26%
At closing bell, the Straits Times Index (STI) index was up 8.60 points, or 0.26%, to 3,271.51 after trading between 3,261.49 and 3,281.23. Volume was 1.20 billion shares worth S$1.10 billion changed ...
Analysis-Foreigners’ Dry Powder Is Fuel for a Long Stock Market Rally in China
MSCI China has gained a staggering 50% since November, when hopes of reopening first emerged, while Hong Kong's Hang Seng Index is up 47%, against roughly 6% gains for world stocks. But participation ...
Flight To Singapore Turns Disastrous After Power Bank Explodes & Injures 2 People
The two were scheduled to fly on flight TR993, which was scheduled to depart at 7.35pm on Tuesday and was expected to arrive in Singapore at around 12.20am on Wednesday, 11 Januar ...
7 in 10 Singapore fund managers see 10-20% upside to Asian equities in 2023
FUND managers in Singapore are upbeat about Asian equity and credit markets in 2023, going by a survey that polled more than 50 C-suite and key personnel from fund houses with combined assets under ...
Are Robust Financials Driving The Recent Rally In Singapore Paincare Holdings Limited’s (Catalist:FRQ) Stock?
Most readers would already be aware that Singapore Paincare Holdings' (Catalist:FRQ) stock increased significantly by 5.0% over the past month. Since the market usually pay for a company’s long-term ...