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Tag: stock market

Posted on 08/08/2024

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.

Posted on 08/08/2024

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.

Posted on 08/08/2024

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 ...

Posted on 08/08/2024

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 ...

Posted on 08/08/2024

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 ...

Posted on 08/08/2024

Singapore shares open lower on Thursday after DBS appoints CEO successor; STI down 0.2%

SINGAPORE equities retreated on ... by banks on Wednesday helped Europe’s main stock index log its biggest one-day gain since November. This comes even as the continent’s largest company by market cap ...

Posted on 08/08/2024

Singapore regulator forms group to propose measures to bolster stock market

Singapore’s central bank and financial regulator has set up a review group to recommend measures to bolster development of the city state’s stock market and enhance its standing as a financial hub.

Posted on 07/08/2024

Ola Electric IPO Day 3 highlights: Ola IPO GMP trends downwards on third day of bidding; issue booked 4.27x so far

Ola Electric Mobility IPO was fully subscribed on the second day of bidding. The issue received bids of 49,43,85,840 shares against the offered 46,51,59,451 equity shares, at a price band of ₹72-76, ...

Posted on 07/08/2024

Singapore’s venture capital funds covering all bases

Singapore venture capital funds remain the most active investor in Vietnam, with ongoing investments into local startups and potential targets ranging from renewable energy to electric vehicles.

Posted on 07/08/2024

Singapore fintech deals up, but investments decline

Against the backdrop of higher interest rates, economic uncertainties and geopolitical pressures, investments into fintech firms in Singapore showed resilience and adaptability in the first half of ...

Posted on 07/08/2024

Singapore shares open higher on Wednesday—STI climbed 1%

The broader market showed a positive trend, with 81 gainers outpacing 30 losers, as 21 million securities worth S$36.5 million were traded ...

Posted on 07/08/2024

Singapore bank DBS flags heightened uncertainty, Q2 profit beats forecasts

Singapore's biggest bank, DBS Group, flagged more uncertainty ahead but said net profit growth for 2024 was expected to be in the mid-to-high single digits after posting on Wednesday a second-quarter ...

Posted on 07/08/2024

Deutsche Bank appoints private banking market head for Singapore

Puneesh Nayar, who has previously worked at Julius Baer, BSI Bank, Coutts and HSBC, is starting the role on August 12.

Posted on 07/08/2024

Guide To Impact Investing In Singapore, And Understanding How It Works

Impact investing means investing in companies and opportunities that will not only generate positive returns, but also to positively improve the world ...

Posted on 07/08/2024

Ola Electric IPO Day 3 Live Updates: Ola IPO GMP trends downwards on third day of bidding; issue booked 4.27x so far

Ola Electric Mobility IPO was fully subscribed on the second day of bidding. The issue received bids of 49,43,85,840 shares against the offered 46,51,59,451 equity shares, at a price band of ₹72-76, ...

Posted on 07/08/2024

Singapore to revitalize stock market

A newly-established review group with representatives from both the private and public sectors will propose measures to revitalize Singapore’s struggling stock market.

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