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Tag: stock market

Posted on 03/07/2023

Payments start-up Nium unveils new headquarters in S’pore, eyes IPO in 2 years

The company also said it plans to grow its Singapore headcount from 90 employees now to 300. Read more at straitstimes.com.

Posted on 03/07/2023

Singapore’s bank OCBC to deliver $2.2 bln extra revenue by 2025

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record ...

Posted on 03/07/2023

Singapore’s star banker Piyush Gupta creates succession dilemma for DBS

Singapore’s gross domestic product per capita ... One early decision was to beef up transaction banking, a combination of cash management and trade finance that Gupta knew well from his time at Citi.

Posted on 03/07/2023

Investing in digital economies: How investors can diversify their portfolios and ride the tech wave in South-east Asia and India

Apple, which makes most of its products in China, is rapidly expanding production in India and Vietnam and it may soon add Thailand as a manufacturing base. Read more at The Business Times.

Posted on 03/07/2023

BRIEFS: Hong Kong, Singapore spearhead ESG integration in Asian private equity

Mark Uhrynuk, a partner at Mayer Brown, says regulators in Hong Kong and Singapore are spearheading this transformation in the approach expected to reshape the PE industry. “Many Asia-based PE ...

Posted on 02/07/2023

Asia-Pacific Strategic Investments’ acquisition of MoneySmart falls through

ASIA-PACIFIC Strategic Investments (APS) will no longer acquire Catapult Ventures, which owns personal financial marketplace MoneySmart. Read more at The Business Times.

Posted on 01/07/2023

Digital Banking: Singapore’s OCBC to Enable Fully Digital Account Opening for Foreigners

OCBC (SGX: O39) has launched a fully digital account opening service for consumers in its key markets who are relocating to Singapore.

Posted on 01/07/2023

Top Stock Market Highlights of the Week: Singapore’s Core Inflation, Micron Technology and Oracle Corporation

Inflation continues to ease in Singapore while we look at a chipmaker’s latest results to gauge the supply-demand situation within the sector. The post Top Stock Market Highlights of the Week: ...

Posted on 30/06/2023

Singapore-UK Bilateral Investment Treaty: Status of Negotiations

Singapore and the UK are in the midst of negotiations on an updated bilateral investment treaty under the UK-Singapore Free Trade Agreement.

Posted on 30/06/2023

Stock market today: Asia mixed after Wall St drifts lower following run-up

New Zealand and Bangkok declined while Singapore and Jakarta advanced. Stock prices surged this year on hopes that ... Last week was the index's first losing week in the past six. On Monday, the U.S.

Posted on 30/06/2023

Hot stock: Singapore Airlines falls 5.2% on heavy trading after Temasek share sale

SHARES of Singapore Airlines (SIA) fell as much as 5.2 per cent amid heavy trading following a news report that major shareholder Temasek sold a 1.85 per cent stake in the national carrier. Read more ...

Posted on 30/06/2023

Singapore Bids Farewell to Libor With Surge in SORA Derivatives

Singapore’s financial markets have rapidly switched to a ... For loans, the total outstanding climbed to S$171 billion ($126 billion) in December, according to the local banking association.

Posted on 30/06/2023

Shein denies report that it’s filed for an IPO

Fast-fashion giant Shein is denying a Reuters report that it has filed confidentially for a U.S. IPO. Why it matters: This would be one of the year's largest IPOs, but also one of the more ...

Posted on 30/06/2023

Exclusive: China’s Shein files for U.S. IPO

Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public ...

Posted on 29/06/2023

50% return in 11 months! Here’s how this Singapore-based fund spotted microcaps in Indian equity market

In an interaction with Business Today, Vineet Arora, Managing Director, NAV Capital said the fund intends to deploy Rs 500 crore in the Indian SME space over the next one year.

Posted on 29/06/2023

Singapore Post (SGX:S08) shareholders have endured a 60% loss from investing in the stock five years ago

Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high.

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