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Tag: stock market

Posted on 20/03/2023

Singapore banking system “sound”, Credit Suisse exposure “insignificant”, central bank says

Credit Suisse, the second largest bank in Switzerland, operates a branch in Singapore that focuses primarily on private and investment banking. It does not serve retail customers.

Posted on 18/03/2023

Joko hopes for Singapore investments in Indonesia’s new capital

“The relationship between Singapore and Indonesia is very good and must be continued and improved in the future. “We hope investments in Nusantara can become the focus.” The 2,561sq km project, about ...

Posted on 18/03/2023

Indonesia calls for Singapore’s investment in new capital

Indonesian President Joko Widodo brought home letters of intent from investors interested in the new capital of Nusantara after his trip to Singapore on March 16.

Posted on 17/03/2023

Singapore stocks climb on Friday to end volatile week

SINGAPORE – Robust gains on Wall Street overnight and a ... across the broader market after 2.3 billion shares worth $1.9 billion were traded. CapitaLand Investment was the top STI gainer, rising 2.6 ...

Posted on 17/03/2023

Jokowi makes renewed Nusantara pitch to Singapore

President Joko “Jokowi” Widodo pitched his ambitious Nusantara capital city project to Singapore Prime Minister Lee Hsien Loong at their annual retreat on Thursday, generating interest but little else ...

Posted on 17/03/2023

Stock Market Live: SGX Nifty indicates gap up start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 107 points or ...

Posted on 17/03/2023

China’s DCP Capital Aims to Sell Singapore Tech Firm MFS for at Least $550 Million – Sources

DCP raised $2.5 billion in its maiden fund in 2019, focusing on China investments. (Reporting by Kane Wu in Hong Kong and Yantoultra Ngui in Singapore; Additional reporting by Julie Zhu in Hong Kong; ...

Posted on 17/03/2023

Singapore Shares Tipped To Bounce Higher On Friday

(RTTNews) - The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits ...

Posted on 17/03/2023

Indonesia’s Harita Group Aims To Raise Nearly $1 Billion In Nickel Unit IPO

Harita Group is selling shares in its nickel unit Trimegah Bangun Persada in a large initial public offering that could make the net worth of billionaire owner Lim Hariyanto Wijaya Sarwono soar.

Posted on 16/03/2023

Singapore pledges support for Indonesia’s new US$34 billion capital Nusantara

"There has been much progress that we have gained since our meeting in Bintan in January 2022. Singapore's investment in Indonesia has increased by more than 40 per cent and our trade volume has ...

Posted on 16/03/2023

UPDATE 1-Singapore, Indonesia to build renewable energy industry in Batam

Singapore and Indonesia plan to develop a renewable energy industry in Batam that will produce equipment and build power plants to supply electricity into Southeast Asia's biggest economy and for ...

Posted on 16/03/2023

ThaiBev Exploring Options for Spirits Unit Including IPO, Sources Say

Thai Beverage Pcl is exploring options for its spirits business including an initial public offering in Singapore, according to people with knowledge of the matter. The firm controlled by Thailand’s ...

Posted on 16/03/2023

Singapore bank stocks hit by Credit Suisse crisis, US bank failures

SINGAPORE – Local bank stocks slumped when the market opened on Thursday morning, following a plunge in the shares of Switzerland’s second-biggest bank and fears of wider financial contagion globally ...

Posted on 16/03/2023

Asia stocks slide, safety shines as bank fears spread; Singapore index falls 0.8%

SINGAPORE - Asian stocks tumbled on Thursday, and investors bought gold, bonds and the US dollar as fears of a banking crisis was reignited by fresh troubles at Credit Suisse, leaving markets on edge ...

Posted on 16/03/2023

Let’s not draw the wrong lessons from Singapore’s grand success

Its attribution to authoritarian development would mistake correlation for causation but rule-of-law might be a major factor ...

Posted on 16/03/2023

Soft Start Anticipated For Singapore Stock Market

(RTTNews) - The Singapore stock market on Wednesday ended the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now rests just above the ...

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