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Tag: stock market

Posted on 03/05/2023

Stock Market LIVE Updates: SGX Nifty signals weak start for D-Street ahead of Fed decision

Nifty futures on the Singapore Exchange traded at 18,132, down 88.50 points or 0.49% around 7.35 am, signalling a negative start for Dalal Street on Wednesday.

Posted on 03/05/2023

Singapore Stock Market Expected To Head South Again On Wednesday

The Singapore stock market on Tuesday wrote a finish to the four-day slide in which it had slumped more than 50 points or 1.8 ...

Posted on 03/05/2023

Dyson to build new factory in Singapore and expand in UK and Philippines

Investments in Bristol and Santo Tomas in the Philippines will be worth £100m and £166m respectively ...

Posted on 03/05/2023

Not True. State Backed Singapore Fund Temasek Says No Investment in Array

An article in Cointelegraph from yesterday (May 1) erroneously reported that Temasek has invested $10 million in Array which did not help things by retweeting the article before i ...

Posted on 03/05/2023

Singapore: Long-Serving Central Bank Chief Steps Down

Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.

Posted on 02/05/2023

‘Fake news’: Temasek Holdings refutes reports of S$13.4m investment in cryptocurrency firm Array

SINGAPORE — State investment firm Temasek Holdings has refuted a claim that it made an investment of US$10 million (S$13.4 million) in cryptocurrency company Array, calling it "fake news".

Posted on 02/05/2023

Analysts mixed on CDL Hospitality Trusts despite ‘stellar performance’ in core Singapore market for 1QFY2023

However, Citi Research’s Brandon Lee has reiterated his “sell” rating on CDLHT with an unchanged target price of $1.15, citing Far East Hospitality Trust (FEHT) as a “better proxy”, given its 100% ...

Posted on 02/05/2023

Singapore’s ABSD rate hike: The winners and the losers

Singapore increased the ABSD for all residential statuses by 3% to 30%. Real estate experts are calling the recent Additional Buyer Stamp Duties (ABSD) rate hike "punitive," having more negative than ...

Posted on 02/05/2023

US lawmakers push SEC to order audit of Shein ahead of planned IPO, over Uygur forced labour fears

A group of US representatives is asking the Securities and Exchange Commission (SEC) to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it verifies it does not use ...

Posted on 02/05/2023

Singapore ‘cannot afford to outbid the big boys’ to attract investments, says DPM Wong | Video

As major economies mobilise large sums of money to build up their own strategic industries, Singapore “cannot afford to outbid the big boys” to attract investments from multinational corporations, ...

Posted on 02/05/2023

Steady Start Called For Singapore Shares

Ahead of Monday's Labor Day holiday, the Singapore stock market had finished lower in four straight sessions, slumping more than 50 ...

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.

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