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Tag: stock market

Posted on 12/08/2024

China’s autonomous vehicle startup WeRide seeks US IPO at $5B valuation

About $100 million of that would come from the IPO and around $200 million to $300 million in ... The company holds permits to operate autonomously in China, the UAE and Singapore. It also has permits ...

Posted on 12/08/2024

Singapore stocks fall amid rise in Asian stock markets; STI down 0.8%

SINGAPORE - Local stocks fell on Aug 12 amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...

Posted on 12/08/2024

Singapore stocks decline amid shift in interest rate expectations; STI down 0.8%

SINGAPORE stocks fell on Monday (Aug 12) amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...

Posted on 12/08/2024

Minister Indranee Rajah on whether Singapore will consider increasing its current childcare leave provisions

Given Singapore's ongoing efforts to support parents and encourage higher birth rate, Prime Minister and Minister for Finance Lawrence Wong was recently asked in a Parliamentary query if the Finance ...

Posted on 12/08/2024

Pregnant teen admits opening bank account used to launder over $145k in scam proceeds

SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

Posted on 12/08/2024

Singapore medtech startup raises US$7 million to expand accessible respiratory care globally

SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. Read more at The Business Times.

Posted on 12/08/2024

Malaysia IPOs jump as economy improves and investors return to the stock market

There were 28 initial public offerings on Bursa Malaysia in the first seven months of the year. Read more at straitstimes.com.

Posted on 11/08/2024

Me & My Money: Her first investment failed, but fintech firm exec says investing early is no mistake

Investing from a young age allows one to take advantage of dollar-cost averaging. Read more at straitstimes.com.

Posted on 11/08/2024

Guide To Understanding Secondary Listings On The Singapore Exchange (SGX)

Secondary listings on the SGX is one way for companies to reach out to a wider investor base and to attract more capital to the company

Posted on 10/08/2024

First Brunei-managed fund debuts in Singapore

Securities Sdn Bhd (BIBDS) launched the SGD-Hedged share classes (both accumulation and distribution classes) for the Lion-BIBDS Islamic Enhanced Liquidity Fund in Singapore recently.

Posted on 10/08/2024

Top Stock Market Highlights of the Week: DBS Group, Sembcorp Industries, Berkshire Hathaway and Apple

Welcome to this week’s edition of top stock market highlights. DBS released its second quarter of 2024 (2Q 2024) earnings earlier this week. Singapore’s largest bank saw total income rise 9% year on ...

Posted on 09/08/2024

Stock market unwinding has further to go despite latest sell-off, say analysts

The carnage across global stock markets this week is forcing investors here and elsewhere to take a hard look at their portfolios in light of concerns over the United States economy. Join ST's ...

Posted on 09/08/2024

One of world’s youngest billionaires Bhavish Aggarwal to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.

Posted on 09/08/2024

Unicommerce IPO GMP Today: Grey market premium indicating listing gains?

The SoftBank-backed company in February said it was expanding its overseas operations by onboarding more clients. It is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients.

Posted on 09/08/2024

One of World’s youngest billionaires to double fortune on Ola IPO

NEW DELHI - Just two years ago, Mr Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of ...

Posted on 09/08/2024

Singapore can’t just keep going down same path, PM Wong says

Singapore cannot afford to cruise along and only rely on existing formulas to chart its future path, says Prime Minister Lawrence Wong on his maiden ...

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