SINGAPORE: The former CEO and directors of a company linked to an alleged billion-dollar nickel investment fraud case were charged on Thursday (Mar 7), said the Monetary Authority of Singap ...
Who is Shein’s Human Owner? Questions Threaten IPO Ambitions
The e-tail juggernaut breached U.K. law by failing to disclose its ultimate beneficial owner, but that could be the least of its problems.
Shimano’s S’pore operations to seek new markets, decide where to invest more in
Singapore’s significance will grow with rising demand for bicycles in Asia and Latin America. Read more at straitstimes.com.
Singtel trims stake in Bharti Airtel with $710 million sale to invest in data centers
Singapore's Singtel has sold a 0.8 percent stake in Indian telco Bharti Airtel for S$950 million ($710m) to US-based investment firm GQG Partners. In a statement, Singtel said it will use the funds to ...
Singapore Market ends marginally lower
At closing bell, the Straits Times Index (STI) index edged down 2.36 points, or 0.08% to 3,133.78 after trading between 3,125.64 and 3,149.35. Volume of 1.39 billion shares worth S$1 billion changed ...
S’pore ride-hailing firm Ryde holds steady in trading debut on New York Stock Exchange
The counter fluctuated between US$4 and US$5, before settling unchanged, with around 2.7 million shares traded during regular hours. Read more at straitstimes.com.
Singapore to hold more sports events with 165 mln investment
SINGAPORE, March 7 (Xinhua) -- The Singaporean government plans to invest 165 million Singapore dollars (123 million U.S. dollars) in four years to support holding major sports events, said Edwin Tong ...
Parliament approves S$131.4b Budget, provides ‘clear action plan’ to take Singapore into the future
In a “messier, more dangerous and more unpredictable” world, Budget 2024 “provides a clear action plan to take Singapore forward into the future with optimism and hope”, said Leader of the House ...
Singapore shares rise at Thursday’s open; STI up 0.1%
SINGAPORE shares rose at the opening bell on Thursday (Mar 7) morning, tracking overnight gains in global markets. Read more at The Business Times.
How many Singapore employers are boosting investments in DEI?
It is heartening to see more Singapore organisations making good progress towards DEI through incremental steps' ...
Singapore Market rebounds 0.93%
At closing bell, the Straits Times Index (STI) index was up 29.04 points, or 0.93% to 3,136.14 after trading between 3,114.43 and 3,151.08. Volume of 1.48 billion shares worth S$1.24 billion changed ...
Singapore ride-hailing firm Ryde to debut on New York Stock Exchange
RIDE-hailing and carpooling firm Ryde is joining a growing number of Singapore-based companies listed on the US stock market. Read more at The Business Times.
Singapore welcomes Bitstamp into its regulated crypto sphere
Bitstamp, a leading crypto trading platform, has announced receiving in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution within the ...
Ryde announces IPO in the US, but the journey may be far from easy
An IPO listing might be a successful milestone for many startups, but Ryde's case may hint that the move is their last resort.
Singapore Stock Market Poised To Extend Losing Streak
(RTTNews) - The Singapore stock market has moved lower in three straight sessions, slipping almost 35 points or 1.1 percent along the way. The Straits Times Index now sits just beneath the 3,110-point ...
Singaporean bank DBS CEO Gupta’s total pay dropped 27% to $8.3 mln in 2023
Piyush Gupta, CEO of Singapore's biggest bank DBS Group and one of the highest paid CEOs in the city-state, saw his total compensation dropped 27.3% for 2023, according to the lender's annual report ...