Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong called the loss "disappointing" and damaging for Singapore's reputation. In May, Temasek then announced it is cutting the salaries ...
Singapore state investor Temasek posts negative annual return, its first since 2020
Its global direct investments, particularly in technology, healthcare and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.
Singapore’s Temasek reports portfolio value drop, positive on China tech
Singapore investment firm Temasek Holdings (TEM.UL) on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March.
Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources
GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...
Ascenda unveils expansion of OCBC partnership to grow bank’s premium rewards offering
Today, rewards technology leader Ascenda announced the expansion of its partnership with OCBC, Singapore's longest-established bank and second-largest financial group in Southeast Asia by assets. The ...
Singapore Telecommunications Ltd (STEL)
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
Americans: You Can Buy A Singapore Property Through Ohmyhome Now
Here’s How Americans Have an Edge in One of Asia’s Hottest Property MarketsAmericans save $600,000 in tax for every million dollar of purchase SINGAPORE, July 10, 2023 (GLOBE NEWSWIRE) -- Ohmyhome ...
Chinese developer Kaisa Group faces winding-up petition by Singapore hedge fund on yuan-bond payment miss
Kaisa Group received a winding-up petition in Hong Kong from a Singapore-based hedge fund for non-repayment of a yuan-denominated debt and accrued interest. The stock crashed to a record low.
What is ‘GIFT Nifty’ — the new avatar of the India-Singapore joint stock exchange, now in Gujarat
The cross-border initiative connecting India & Singapore’s capital markets will now be traded from GIFT city in Gandhinagar, the country's 1st international financial services centre.
Singapore Hedge Fund Files Wind-Up Case Against China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially complicating the Chinese builder’s debt-restructuring effort.
Family offices in spotlight over how much value they bring to Singapore
Payoffs in jobs and investments are why advocates want more support for the sector. Read more at straitstimes.com.
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Me & My Money: Time is of the essence in letting investments compound
A mistake he has made is locking in profits too soon on his winners instead of letting them run. Read more at straitstimes.com.
Only 165 CEOs of 413 firms with $500 million-equity in Singapore are citizens, reveals Finance Minister
Out of 413 firms with over $500 million shareholders’ equity in Singapore, just 165 are led by Singaporean CEOs, stirring debate over presidential candidacy criteria for private sector candidates.
More talks with Singapore on proposed economic zone
Johor and Singapore are currently discussing a proposal for a special economic zone (SEZ) within Iskandar Malaysia.