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Tag: stock market

Posted on 29/05/2024

Singapore shares edge lower at Wednesday’s open; STI down 0.1%

SINGAPORE stocks started Wednesday (May 29 ... Over in Europe, shares fell on Tuesday as cautious commentary from Federal Reserve officials weighed on investor sentiments. The pan-European Stoxx 600 ...

Posted on 28/05/2024

India, Singapore set to firm up key pacts to boost ties in emerging areas

Singapore is India's largest trade partner in ASEAN. It is the leading source of FDI, among the largest sources of external commercial borrowings and foreign portfolio investment. More than 80 per ...

Posted on 28/05/2024

Mapletree Investments in the red with $577.2 million full-year loss on valuation decline

It aims to navigate the challenging landscape with a prudent investment approach Read more at straitstimes.com.

Posted on 28/05/2024

Grab driver with just S$16 left in his bank account passes away; Grab waives his S$1.9K outstanding fees

SINGAPORE: The passing of a Grab driver in Singapore, Mr Soh, has sparked attention and... The post Grab driver with just S$16 left in his bank account passes away; Grab waives his S$1.9K outstanding ...

Posted on 28/05/2024

Singapore Embedded Finance Business Report 2024: Market to Grow by 33.5% to Reach $2.7 Billion this Year Before Reaching $7.85 Billion by 2029

Rise of e-commerce and platform-based businesses: The growth of e-commerce platforms and other digital marketplaces creates new opportunities for embedded finance solutions. Businesses can offer ...

Posted on 28/05/2024

Malaysia dreams of start-up paradise – but Singapore is still more attractive

Start-up founders say there is a mismatch between their needs and the agendas of Malaysian government-linked seed funds Some venture capitalists say the outlook is improving for start-ups in Malaysia, ...

Posted on 28/05/2024

Growing gamut of India-Singapore relations

India and Singapore efforts and strategic planning have brought the bilateral linkages between them to a new juncture, further opening up with upswing in the ...

Posted on 28/05/2024

S’pore biotech start-up Mirxes refiles for Hong Kong IPO, eyes growth in China

Founded in 2014 as a spin-off from Singapore’s Agency for Science, Technology and Research (A*Star), Mirxes focuses on microRNA-based cancer detection. Its flagship product, GastroClear, is the ...

Posted on 27/05/2024

Singapore invests $37.1m for precision oncology research

Office, MOH Holdings, Pte Ltd, has invested $37.1m (S$50m) to advance precision oncology research in Singapore. The investment, under the NMRC Open Fund-Large Collaborative Grant (OF-LCG) programme, ...

Posted on 27/05/2024

Hong Kong’s stock exchange hustles for more IPOs as capital returns to the market

S'pore and Hong Kong have a part to play in the growth of the region’s wealth, the CEO of HKEX said. Read more at straitstimes.com.

Posted on 27/05/2024

Singapore Exchange Market closes marginally higher

At closing bell, the Straits Times Index (STI) index edged up 1.89 points, or 0.06% to 3,318.45 after trading between 3,308.94 and 3,324.07. Across the broader market, advancers outpaced decliners 328 ...

Posted on 27/05/2024

Haidilao operator Super Hi targets $1.38bn valuation in US IPO

S uper Hi International, operator of the Chinese hotpot restaurant chain Haidilao outside China, is targeting a valuation of $1.38bn in its initial public offering (IPO) in the US, Reuters has ...

Posted on 27/05/2024

Singapore’s Seatrium gets $8bn boost as Petrobras orders more FPSOs

Seatrium has secured fresh orders worth SGD 11bn ($8.1bn) after Brazil’s Petrobras ordered two more floating production, storage and offloading (FPSOs) at the group. Construction for the P-84 and P-85 ...

Posted on 27/05/2024

Banks, utilities top Morgan Stanley’s top stocks in Singapore

DBS, OCBC, Singtel, Sembcorp and Genting are its top picks. Defying global uncertainties, Singapore’s equity market is well-positioned to benefit from elevated interest rates with high-dividend stocks ...

Posted on 27/05/2024

Philippine Senate probes mayor linked to couple in Singapore’s S$3b money laundering case

THE mayor of a small town in the Philippines, who is said to own 16 vehicles and a helicopter, has been linked to two foreigners arrested in Singapore’s S$3 billion money laundering case. Read more at ...

Posted on 27/05/2024

Singapore Insurer’s Holders Seeking Better Offer From OCBC

A group of minority holders of Great Eastern Holdings Ltd. are resisting the S$1.4 billion ($1 billion) takeover bid from Oversea-Chinese Banking Corp., opening a new front in a longstanding fight ...

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