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Tag: stock market

Posted on 12/03/2024

Singapore stocks edge higher ahead of US inflation data

SINGAPORE - Singapore stocks closed slightly higher on March ... Other top gainers for the day included Thai Beverage, which rose 2 per cent, and CapitaLand Investment, up 1.5 per cent. Yangzijiang ...

Posted on 12/03/2024

Singapore CPF interest rate of 4.05% for Special, MediSave, Retirement accounts from 1 April to 30 June 2024

SINGAPORE—The Central Provident Fund (CPF) interest rate for the Special, MediSave, and Retirement Account (SMRA) will be 4.05 per cent per annum from 1 April to 30 June 2024, the CPF Board said in a ...

Posted on 12/03/2024

Power bank fire in Balestier apartment forces 100 residents out of building at 5am

Around 100 residents were evacuated from their serviced apartments on Tuesday (March 12) morning after a power bank caught fire.The fire occurred at one of the units in Citadines Balestier Singapore ...

Posted on 12/03/2024

Singapore Exchange to Launch Short-Term Interest Rate Derivatives

Singapore Exchange plans to launch short-term interest rate derivatives to cater to a market increasingly seeking to hedge in an uncertain rate environment. The exchange will introduce short-term rate ...

Posted on 12/03/2024

Reddit launches long-awaited IPO with US$748 million target

Meanwhile, IPOs in the US tumbled, reaching only US$26 billion last year, the data show. In January, Bloomberg News reported that Reddit was weighing feedback from early meetings with potential IPO ...

Posted on 12/03/2024

Japfa says not “appropriate to comment” on Singapore delisting speculation

Agri-food business Japfa is reportedly considering delisting from the Singapore stock exchange and going private but has partially rebuffed the speculation. Bloomberg reported last week that Japfa, ...

Posted on 11/03/2024

Singapore Startup To Invest €3.2 Billion in Italy Chips Factory

Semiconductors startup Silicon Box will invest €3.2 billion ($3.5 billion) in Italy to build a chip factory in the north of the country, Industry Minister Adolfo Urso said Monday.

Posted on 11/03/2024

Ryde Makes History as Singapore’s First Ride-Hailing Startup to IPO on NYSE

Ryde, a leading technology platform for mobility and quick commerce, makes history as Singapore's First Ride-Hailing Startup to IPO on NYSE.

Posted on 11/03/2024

Bank of Singapore appoints former Credit Suisse COO as COO of its Hong Kong branch

Bank of Singapore (BoS) has appointed Ronnie Cheung as the chief operating officer (COO) of its Greater China, Hong Kong branch. Cheung comes with over 20 years of industry experience and was most ...

Posted on 11/03/2024

ESR announces divestment of ARA Private Funds to Sumitomo Mitsui Finance & Leasing

The transaction is structured as the sale of ESR’s interests in certain subsidiaries, with the purchase price calculated with reference to their net asset value and a market valuation for the funds ...

Posted on 11/03/2024

At the forefront of net-zero innovation: How this European region enables Singapore firms to drive green growth

The Net Zero Exchange Mission aims to open the door to the kind of collaboration that will deliver results for businesses in Malaysia and Singapore as well as in Northern Ireland. Mr Nick Caldwell, ...

Posted on 10/03/2024

Singapore Technologies Engineering Is A Fairly Valued Defense Play

Singapore Technologies Engineering's (SGGKF) fiscal 2023 bottom line surpassed expectations. Check out why I rate the stock a hold.

Posted on 10/03/2024

After 180% returns in 20 months, this Singapore-based FPI sees a 40% downside in microcaps

One always needs to be cautious and be prepared for 5-10 per cent pull-backs and if you are an investor in SME/small microcaps, please be prepared for 30-40 per cent drawdowns, says NAV Capital's ...

Posted on 10/03/2024

Australia’s under-investment in ASEAN is about them, not us

South-East Asian nations need to become attractive to foreign investors through deregulation and establishing independent and incorruptible legal systems.

Posted on 09/03/2024

Stress and despair: new year, old wounds for Hong Kong bankers with IPO market in slump and windfalls elude investors

The environment is very stressful right now, particularly for young investment bankers, says Jerry Chang, a consultant at Barons & Co The landscape has shifted considerably since the last quarter, ...

Posted on 09/03/2024

IMDA To Invest SGD 100 Million In 10G Nationwide Broadband Network

The Infocomm Media Development Authority (IMDA) will invest up to SGD 100 million to upgrade the Nationwide Broadband Network (NBN), enabling it to remain future-ready, an official news release said ...

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