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Tag: stock market

Posted on 02/05/2023

Stock Market Live: Sensex, Nifty 50 to open with minor cuts as indices resume trading after long weekend

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open with minor cuts on the first trading day of the truncated week. Singapore Exchange Nifty futures, an early indicator of the ...

Posted on 02/05/2023

US lawmakers ask SEC to halt Shein IPO over Uyghur concerns: report

US lawmakers have reportedly asked the US Securities and Exchange Commission to halt Shien's proposed initial public offering until it is able to prove it doesn't use Uyghur forced labor to ...

Posted on 02/05/2023

Singapore bank DBS Q1 profit jumps 43% to new high, beats estimates

SINGAPORE, May 2 (Reuters ... Yantoultra graduated with an MBA in Finance from Universiti Putra Malaysia in 2010. A U.S. judge in California on Monday declared a mistrial in Masimo Corp's potential ...

Posted on 02/05/2023

US Lawmakers Push the SEC to Order Audit of Shein IPO Over Uyghur Forced Labor Fears

The U.S. lawmakers want the SEC to mandate Shein to independently audit and verify "that the company does not use Uyghur forced labor as a condition of being registered to issue securities in the ...

Posted on 01/05/2023

S’pore Can’t Outbid Major Economies, Must Invest & Innovate To Stay Competitive: Lawrence Wong

In his May Day speech, DPM Lawrence Wong shared the grim outlook on the global economy and how Singapore can stay competitive.

Posted on 01/05/2023

Singapore must find ‘right niches’, leverage hub status to thrive in fragmented global economy: Lawrence Wong

Singapore is feeling the impact of geopolitics shifting the flow of direct investments and cannot 'afford to outbid the big boys', says the country's No 2 leader Wong also reiterates the government is ...

Posted on 01/05/2023

Amid grim economic landscape, Singapore must have ‘something special’ to show it is a better bet, says its DPM

Singapore will find it harder to grow its economy and create jobs in an increasingly dangerous and troubled world, said Deputy Prime Minister Lawrence Wong on Monday.

Posted on 01/05/2023

Investor’s Guide To Webull, Possibly Singapore’s Most Cost-Efficient Broker

But the latest entrant in the Singapore market, Webull, is going one step further by not charging any commission or platform fee* for trading US stocks. That’s right, zero fees! Find out how opening a ...

Posted on 30/04/2023

Economist Tan Khee Giap warns of investment scam that uses his name; one victim lost over $20,000

The police received 682 reports of investment scams from January to March 2023, with victims losing at least $40.8 million. Read more at straitstimes.com.

Posted on 29/04/2023

Top Stock Market Highlights of the Week: Property Cooling Measures, Frasers Centrepoint Trust and Parkway Life REIT

We look at the latest round of property cooling measures and the results from two popular REITs. The post Top Stock Market Highlights of the Week: Property Cooling Measures, Frasers Centrepoint Trust ...

Posted on 28/04/2023

Singapore’s 60% Property Tax for Non-Citizens Is Now the Highest in the World

Moving to Singapore as a foreigner just got a lot more expensive. On Thursday, the city-state doubled its Additional Buyer’s Stamp Duty, Bloomberg reported. Now foreign home buyers will have to pay a ...

Posted on 28/04/2023

Singapore stocks flat amid regional rally; STI down 0.4%

A rally across key regional bourses could not prevent the local market from slipping into the red on Friday. Read more at straitstimes.com.

Posted on 28/04/2023

Southeast Asia’s strong IPO markets an outlier as global deals fizzle

Southeast Asia is emerging as a global initial public offering (IPO) hotspot, with the region's elevated economic growth and stable interest rate outlook making it a standout as bigger financial ...

Posted on 28/04/2023

Mankind Pharma IPO’s success raises revival hopes for moribund public issue market

The success of Mankind Pharma’s Rs 4,326-crore IPO, the biggest this year and the third-largest since 2022, augurs well for the moribund public issue market, which has seen just six issues this year.

Posted on 28/04/2023

Singapore retrenchments rise for 3rd straight quarter, unemployment stays low

SINGAPORE: Retrenchments in Singapore rose for the third consecutive quarter though unemployment rates remained low amid robust hiring demand. According to advance labour market estimates released by ...

Posted on 28/04/2023

Significant irregularities in reporting to investors led to Zilingo’s failure: Investor Burda

Burda Principal Investments, one of the leading investors in Singapore-based fashion startup Zilingo, has backed the action against ...

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