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Tag: stock market

Posted on 18/10/2023

RHB maintains a defensive Singapore equities portfolio 4QFY2023

Top picks include Delfi, Sheng Siong, ThaiBev, OCBC, Golden Agri, Raffles Medical, ST Engineering, CDL, Centurion and Food Empire.

Posted on 18/10/2023

MOVES-Singapore’s bank OCBC makes key leadership changes in Greater China

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Tuesday said that Wang Ke, currently CEO of OCBC Wing Hang China, will assume the role of Head of Greater China effective ...

Posted on 18/10/2023

Singapore, US and the global order

Globalisation is under threat. As two of its bigger beneficiaries, Singapore and the US must work together to create a new model. Read more at straitstimes.com.

Posted on 18/10/2023

Singapore-based insurance tech unicorn Bolttech weighs $410 million US IPO

The company runs an exchange where insurers, distributors and customers buy and sell insurance. Read more at straitstimes.com.

Posted on 18/10/2023

Singapore’s insurtech unicorn Bolttech weighs US$300 mil US IPO

The company has asked banks for proposals for the potential share sale, which may take place as soon as next year.

Posted on 17/10/2023

Singapore’s Insurtech Unicorn Bolttech Weighs $300 Million US IPO

Bolttech, a Singapore-based insurance technology firm, is considering a US initial public offering that could raise as much as $300 million, according to people with knowledge of the matter.

Posted on 17/10/2023

Avendus to offer investment banking services from Singapore

The operations from Singapore will focus on advising technology sector funding rounds of $40-50 million in Southeast Asia, Avendus managing director Karan Sharma said ...

Posted on 17/10/2023

M&G Investments opens 10 funds to retail investors in Singapore

Global investment manager, M&G Investments, is opening 10 of its funds to retail investors in Singapore. The funds, which are a mix of equity funds, fixed income funds and multi-asset funds, were ...

Posted on 17/10/2023

Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 a share

HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.

Posted on 16/10/2023

Singapore shares fall, tracking losses in regional markets; STI slips 0.7%

the impact of fear of war in the Middle East on gold investment demand outweighs the opportunity cost of holding gold, typically measured by short-term US interest rates.” Unsurprisingly, gold ...

Posted on 16/10/2023

Prismx Global Ventures Limited Shines Bright: Bags INR 120 Crore Textile Order from Singapore Amidst Impressive Stock Performance

Prismx Global Ventures’ recent achievement in securing the INR 120 crore textile order from Singapore stands as a beacon of the company’s global prominence. This substantial deal not only reaffirms ...

Posted on 16/10/2023

Geopolitical Tensions in Middle East Cast Shadow over Malaysia’s Stock Market

The reverberations of Middle Eastern geopolitical tensions echoed in the trading halls of Bursa Malaysia, the Malaysian stock exchange. Monday’s trading session ended on a somber note as the main ...

Posted on 16/10/2023

Total outstanding debt arranged by financial institutions in Singapore down 2% in 2022: MAS

The US dollar was the most favoured currency for corporate debt issuances in Singapore last year. Read more at straitstimes.com.

Posted on 16/10/2023

Singapore’s Shophouses: A Surge in Demand Amid Exemption from Housing Regulations

In the heart of Singapore, where modern skyscrapers reach for the clouds, there lies a different kind of architectural beauty – the shophouses. These historic, multi-purpose buildings, built between ...

Posted on 16/10/2023

Sheffield Green to raise S$6 million through Catalist IPO at S$0.25 per share

HUMAN resources provider Sheffield Green is seeking to raise over S$6 million through an initial public offering on the Catalist board of the Singapore Exchange. Read more at The Business Times.

Posted on 16/10/2023

Total outstanding debt arranged by Singapore FIs down by 2% y-o-y to $512 bil in 2022

In 2022, new debt issuances by Singapore FIs also fell by 18% y-o-y to $190 billion. Amid the total number of issuances, the US dollar (USD) remained the primary currency while the Singapore dollar ...

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