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Tag: stock market

Posted on 08/08/2023

Foreign investors from Mauritius, Singapore under taxman’s lens

Foreign investors from Mauritius, Cyprus and Singapore have been on the receiving end of a number of notices for gains from investment in fully or compulsorily convertible debentures (CCDs) issued by ...

Posted on 08/08/2023

Concord Biotech IPO final day to apply today: GMP update, subscription status

Concord Biotech IPO subscribed 10.96 times, with grey market premium at ₹202. Allotment likely on August 11, listing on August 18.

Posted on 08/08/2023

TVS Supply Chain Solutions IPO: Latest GMP rates, price band, bidding start and end date, allotment date, listing date and other details

TVS Supply Chain Solutions has already completed a pre-IPO placement worth Rs 150 crore. Proceeds from the fresh issue will be allocated towards clearing debts incurred by the company and its ...

Posted on 08/08/2023

New security feature on OCBC banking app draws mixed reactions

Android users with apps from unofficial stores will unable to access OCBC's mobile banking app. Read more at straitstimes.com.

Posted on 08/08/2023

Singapore monetary authority to invest $110m in FinTech innovation

The Monetary Authority of Singapore (MAS) is set to invest around $110 million (150 million Singaporean dollars) in FinTech, with plans to help fund emerging technology like Web3.

Posted on 08/08/2023

Singapore affluent investors most optimistic in Asia despite global volatility: survey

Despite immense global market volatility, affluent investors in Singapore are the most optimistic in Asia, according to the Future of Wealth report commissioned by Bloomberg Media.

Posted on 08/08/2023

Singapore’s political scandals could hurt, but not too much

No system is perfect. When you pride yourself on cleanliness, you need to deal with the blowback when stains appear. But by global benchmarks, the scandals that have caused embarrassment to the ...

Posted on 08/08/2023

Singapore’s MAS To Boost Fintech With New Investment Commitment: Will It Pay Off?

The Monetary Authority of Singapore (MAS) has pledged to invest up to S$150 million over the next three years to bolster technology and innovation within the financial sector.

Posted on 08/08/2023

Singapore’s $150M pledge to transform FinTech landscape

Singapore has firmly established itself as a thriving hub ... to the tokenization of assets and the implementation of institutional-grade Decentralized Finance (DeFi) protocols. This collaboration ...

Posted on 07/08/2023

China or India? How to invest in the coming Asia boom

China is the world’s ­second-largest economy, featuring a massive consumer market and advanced manufacturing. India has friendlier relations with the West and a young workforce. Its economy is ...

Posted on 07/08/2023

Retail investors are getting bullish on the Singapore stock market: Moomoo Singapore

According to Moomoo Singapore, 70% of survey respondents think they will trade Singapore stocks in the next six months.

Posted on 07/08/2023

Guide To Buying US T-Bills For Singapore Investors

In July 2023, the US Federal Reserve raised benchmark interest rates to the 5.25%-5.50% level. This was the 11th rate hike in under 18 months – driving up interest rates up from the 0.25% to 0.50% ...

Posted on 07/08/2023

Parallels between Grand Slam tennis and the Singapore stock market

I tuned in to some Grand Slam tennis, the French Open, on television. Even though it was the latter stage of the tournament, when matches are expected to be more exciting and stakes higher, the ...

Posted on 05/08/2023

Singapore bank OCBC second-quarter earnings rise; sees rate cuts from 2024

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...

Posted on 05/08/2023

Singapore’s Temasek To Invest Rs 1,200 Crore In M&M’s EV Business, Acquire Nearly 3 Per Cent Stake

Mahindra & Mahindra (M&M) on Thursday said that Singapore's sovereign wealth fund, Temasek Holdings Pvt Limited, will be investing up to Rs 1,200 crore in its electric vehicle (EV) business at a ...

Posted on 05/08/2023

George Goh ‘made a mistake’ about role of the CIO in investment management businesses: Ng Kok Song

SINGAPORE: Mr Ng Kok Song has said that his fellow presidential hopeful George Goh is mistaken about the role of the CIO in an investment management company. "I think Mr Goh made a mistake. He thinks ...

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