Singapore’s central bank said both cyclical and structural factors can affect the pricing and confidence in US dollar assets, adding that its managing director didn’t say earlier this week that dollar ...
Singapore jails mastermind behind US$10.9 million fake wine investment scheme
Eldric Ko, who was on the run for 13 years, offered a venture that purported to source wine from French suppliers and sell the product to investors.
‘Replicating Singapore’s path’: Ambani to double bet to Rs 75,000 cr, Adani to invest Rs 50,000 cr in Northeast
India’s corporate giants Reliance Industries and Adani Group on Thursday announced massive new investment commitments for the Northeast, signalling a bold push to transform the region into an economic ...
Mukesh Ambani pledges Rs 75,000 crore for North-East, sees ‘Singapore-like success’; Gautam Adani to invest Rs 50,000 crore
Reliance Industries and Adani Group have pledged substantial investments of Rs 75,000 crore and Rs 50,000 crore respectively, at the Rising Northeast Investors Summit 2025.
More companies, including some from Singapore, eye listings in Hong Kong
Singapore biotech firm Mirxes began trading in Hong Kong on May 23 at a valuation exceeding US$1 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow
SINGAPORE] Trust Bank on Friday (May 23) reported net interest income of S$72.8 million for the financial year ended Dec 31, 2024, up 124.7 per cent from S$32.4 million a year ago. Read more at The ...
Trust Bank revenue doubles to S$97m whilst losses narrow in 2024
Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said. Trust Bank’s revenue rose 148% to S$97m in 2024 from S$39m in 2023, according to a report. Operating losses narrowed to ...
Issue 149: Funds take lion’s share of global blended finance volumes; Singapore upgrades sustainability reporting training syllabus
Blended finance at critical crossroads, says Convergence; accounting regulator publishes guide for sustainability reporting trainers Read more at The Business Times.
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal
HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two ...
Singapore market a ‘safe haven’ amid global volatility; market reforms signal upside potential: Morgan Stanley
SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent. Read more at The ...
Singapore shipbroker Vantage plans New York listing as it targets global expansion
Vantage Corp is aiming to become the only New York-listed shipbroker with plans to launch an initial public offering. Securities filings show the Singapore parent of Vantage Shipbrokers is aiming to ...
HK debutant Mirxes says China-Singapore ‘dual engine’ will drive growth amid global changes
Lihan Zhou, CEO and Co-Founder of Mirxes, a Singapore-based bio-test company, discusses the company's Hong Kong IPO and growth prospects.
Malaysia and Singapore are struggling to stay neutral in US-China trade war
Senior ministers warn that Southeast Asian nations are finding it increasingly difficult to remain neutral as the growing trade conflict between the United States and China forces them to choose sides ...
Morgan Stanley raises Singapore equities target by 13% with reforms underway, outperformance seen ‘enduring’
Singapore's safe haven status caps downside risk while ongoing market reforms present upside potential, and we see its outperformance over global equities enduring' ...
Asia Must Not Succumb to Tariff Retaliation, Singapore Cbank Official Says
Despite having a free-trade agreement and running a trade deficit with the United States, Singapore has been slapped with a 10% baseline tariff rate by Washington. Other Southeast Asian countries have ...
CNA938 Rewind – Stock take today: Rising bond yields, Stagflation risks, Asia week ahead
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist at Invesco Asia Pacific.