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Tag: stock market

Posted on 06/09/2023

Singapore well-positioned to weather LNG supply disruption risks, says Shell

The liquified natural gas (LNG) market remains tight but Singapore’s long-term contracts with reliable suppliers should ensure there are no shortages, noted a leading energy sector executive. Read ...

Posted on 06/09/2023

SoftBank’s Arm seeks to raise up to US$4.87 billion in anticipated IPO

Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.

Posted on 06/09/2023

Singapore bank DBS raises $1.5 bln in two US dollar bond tranches-term sheet

Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.

Posted on 06/09/2023

Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say

Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by projects aimed at reducing greenhouse gas emissions in the ...

Posted on 06/09/2023

Economists Cut Singapore 2023 Growth Forecast, MAS Survey Shows

SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.

Posted on 06/09/2023

GASTECH-Natural gas market better supplied this winter, Chevron exec says

SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...

Posted on 06/09/2023

Singapore’s New President Does Not Imply a Mandate for the PAP

Tharman Shanmugaratnam’s landslide victory may seem like an endorsement of the ruling People’s Action Party (PAP), but is better seen as a reflection of his personal popularity.

Posted on 05/09/2023

Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt

Singapore-based Evergreen Group Holdings has revealed plans to invest about 10 billion South Korean won (approx. USD $7.5 million) in K-Pop entertainment agency Attrakt. That’s according to multiple ...

Posted on 05/09/2023

Singapore Narrowly Averts Recession In First Half Of 2023

GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued recovery of ...

Posted on 05/09/2023

Singapore shares fall amid declines across Asia-Pacific, STI down 0.4%

Losers outnumbered gainers 286 to 274 as 1.2 billion shares worth $656.2 million changed hands. Read more at straitstimes.com.

Posted on 05/09/2023

Ryde Group Ltd. Files For $17 Million U.S. IPO

Summary Ryde Group Ltd. has filed for an IPO to raise $17.25 million in gross proceeds. The Singapore-based firm operates a platform for car-pooling and ride-hailing services. Ryde is experiencing ...

Posted on 05/09/2023

Asia Oil & Gas Latest: Refining ‘Crying Out’ for Investment

which entered its second day in Singapore. Attendees at APPEC by S&P Global Commodity Insights will also have an opportunity to reflect on Russia’s war in Ukraine, and the transition away from fossil ...

Posted on 05/09/2023

What Singapore’s Osim learnt from a US$77m deal setback

After Singapore entered a recession in 1985 ... and cardiothoracic surgeon Professor Thomas Burdon for the uDream Pro Well-Being Chair – and investing in new technologies will enable Osim to help its ...

Posted on 05/09/2023

Finally cracking the US market: What Singapore’s Osim learnt from a US$77m deal setback

After Singapore entered a recession in 1985 ... and cardiothoracic surgeon Professor Thomas Burdon for the uDream Pro Well-Being Chair – and investing in new technologies will enable Osim to help its ...

Posted on 04/09/2023

IPO Roundup: Arm Holdings, Prospect Energy Holdings and more

The U.S. IPO market is gaining momentum as fall approaches, with growth stocks performing well in 2023 amid lower inflation and AI hype. In August, 16 companies filed for IPOs, with Arm (ARM) filing ...

Posted on 04/09/2023

Singapore’s WealthGreen to Launch Innovative Carbon Credits App to Tackle Climate Change

Singapore-based WealthGreen disrupts sustainable investing with its new app, allowing retail investors access to the burgeoning carbon credits market. Telok Ayer St, Singapore--(Newsfile Corp. - ...

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