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Tag: stock market

Posted on 08/05/2024

Singapore government briefings for international banks not ‘unusual’ as asserted in FT article: Indranee

In an Apr 20 article, the Financial Times reported that Singapore had given international banks an "unusual series of top-level briefings on geopolitics".

Posted on 07/05/2024

In Data: Global cloud industry set to exceed $1.4trn by 2027 as AWS doubles Singapore cloud investment

The global cloud industry is set to exceed $1.4trn by 2027 according to research and analysis company GlobalData as news comes today (7 May) that Amazon Web Services (AWS) will double its investment ...

Posted on 07/05/2024

WP’s Louis Chua explains why $1 is worth less in Singapore than elsewhere

SINGAPORE: Workers’ Party MP Louis Chua posted an interesting question on Facebook on Tuesday morning... The post WP’s Louis Chua explains why $1 is worth less in Singapore than elsewhere appeared fir ...

Posted on 07/05/2024

Singapore stocks end lower even as regional markets rally; STI slips 0.1%

SINGAPORE shares closed lower on Tuesday (May 7), bucking a regional rally and overnight gains in the US. Read more at The Business Times.

Posted on 07/05/2024

Singapore takes the crown for offering highest average annual salary in Asia

SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number... The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T ...

Posted on 07/05/2024

Singapore stocks kicked off on Tuesday—STI up by 0.2%

SINGAPORE: Singapore stocks ... were gaining than losing in the broader market, with 55 gainers for every 36 losers, after 21 million securities valued at S$37.6 million changed hands. The most traded ...

Posted on 07/05/2024

Singapore Stock Market May Find Additional Support On Tuesday

The Singapore stock market rebounded on Monday, one session after ending the three-day winning streak in which it had risen more than ...

Posted on 07/05/2024

Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs

SINGAPORE -- The founder of the Philippine fast-food giant Jollibee, Tony Tan, is throwing his full weight behind the initial public offering of a hotel brand on New York's Nasdaq via a merger with a ...

Posted on 07/05/2024

Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%

SINGAPORE stocks entered Tuesday (May 7) morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks. Read more at ...

Posted on 07/05/2024

No shortage of candidates to be Singapore’s next finance minister

DEPUTY Prime Minister Lawrence Wong will soon announce his new Cabinet, a few days before he is sworn in as Singapore’s fourth prime minister on May 15. Read more at The Business Times.

Posted on 07/05/2024

4 Asset Classes That Low-Risk Singapore Investors Can Invest In Now

Singapore investors who aim for a return of between 5% and 7% p.a. prefer four low-risk asset classes, such as fixed deposits and government bonds.

Posted on 07/05/2024

Singapore leads APAC in attracting cross-border capital

Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.

Posted on 07/05/2024

Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets

Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.

Posted on 07/05/2024

HSBC names ex-Citi banker as head of global banking in Singapore

Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...

Posted on 06/05/2024

Luxury watch investment firm in breach of contract over timepieces worth $2.5m: High Court

The company was ordered to repurchase the watches at the prices it had offered. Read more at straitstimes.com.

Posted on 06/05/2024

Singapore reviewing proposal by SVCA to revive local stock market: FT

The document, according to the FT, is being reviewed by the Singapore Exchange S68 - Other agencies involved include the Economic Development Board, the Monetary Authority of Singapore and the ...

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