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Tag: stock market

Posted on 24/02/2024

Best savings accounts in Singapore with highest interest rates (February 2024)

So far, 2024 has been pretty hard on our bank accounts. Between the GST hike and an impending recession, it looks like our wallets are taking quite a hit this year, even with the government payouts to ...

Posted on 24/02/2024

Singapore Stocks: Singtel’s Q3 Marred by One-Time Charges

In contrast, Singtel Singapore continued to face pressure in its home market from macro challenges and weak spending ... while revenues fell 3.2% compared to the same period last year. Is Singtel a ...

Posted on 24/02/2024

Top Stock Market Highlights of the Week: Singapore’s Fibre Network, Elite Commercial REIT and Nvidia

We look at the latest results from a REIT and a GPU manufacturer while examining the latest announcement of a fibre network upgrade by the Singapore government. The post Top Stock Market Highlights of ...

Posted on 24/02/2024

Singapore’s Mobile-health Network files for $10M US IPO

Mobile-health Network Solutions (MNDR), a Singapore-based telehealth solutions provider, has filed for a $10M U.S. initial public offering. The company said in an SEC filing that it was looking to ...

Posted on 23/02/2024

Singapore’s Prepaid Card and Digital Wallet Sectors Predict Robust Growth by 2027: Q2 2023 Market Update

The financial landscape in Singapore is set to evolve significantly as the latest ... are enhancing customer experiences while reshaping financial interactions. Yahoo Finance ...

Posted on 23/02/2024

SingLand H2 net profit rises 7% to $102.4 million on fair-value gain on investment properties

Earnings per share, including fair-value gain on investment properties, stood at 7.1 Singapore cents for the half year, up from 6.7 Singapore cents the previous year. Revenue for the half year rose 3 ...

Posted on 23/02/2024

Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint

SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before. Read more at ...

Posted on 23/02/2024

Parliament debate on Singapore Budget 2024 to begin on Feb 26

SINGAPORE: Parliament will begin debating the Budget 2024 statement on Monday (Feb 26). It is expected to go on for at least two days before Deputy Prime Minister and Finance Minister Lawrence Wong ...

Posted on 23/02/2024

Faster cooling in Singapore’s inflation puts focus on monetary outlook

SINGAPORE, Feb 23 (Reuters) - Singapore's key inflation rate rose at a slower pace than markets had expected last month, official data showed on Friday, opening the door for the central bank to ...

Posted on 23/02/2024

Genting Singapore Shares Drop on Fourth-Quarter Miss

On the upside, they highlighted a stock currently trading below its historical average and said they expect the company to benefit from a solid events lineup in Singapore. Sophie Chua Siu Li of Hong ...

Posted on 23/02/2024

Singapore finance watchdog issues quantum cybersecurity advisory

Singapore's Monetary Authority (MAS) issued a cautionary note to financial institutions (FIs), urging them to prepare for the potential cybersecurity risks associated with quantum computing. In the ...

Posted on 23/02/2024

Affected by the closure of CPF Special Accounts? Here’s what you can do, according to finance experts

Mr Loo Cheng Chuan, founder of the 1M65 movement, says two existing provisions in the CPF system cushion the impact of the announcements made at Budget 2024.

Posted on 22/02/2024

Singapore Airshow: Chinese officials make investment pitches in C919’s afterglow

After China’s home-grown C919 made its international debut at the Singapore Airshow, government officials have taken the opportunity to sell the country’s aviation industry as a ripe destination for ...

Posted on 22/02/2024

Alibaba Cofounder Jack Ma’s Wife Bought $37 Million Worth Of Property In Singapore, Report Says

Z hang Ying, the wife of Chinese billionaire Jack Ma, bought three properties in Singapore for a total of up to S$50 million ($37 million), according to a report by local business newspaper the ...

Posted on 22/02/2024

Singapore to invest up to S$100 million to boost broadband network to 10Gbps; upgrade to start from mid-2024

SINGAPORE: The nationwide broadband network will undergo an upgrade of up to S$100 million (US$74.3 million), with more than half a million households expected to sign up and benefit from higher ...

Posted on 22/02/2024

Singapore-Listed U.S. REITs Gain on Distributions

By Amanda Lee Units of two Singapore-listed real-estate investment trusts rose after the companies announced distributions to unitholders for 2023, ...

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