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Tag: stock market

Posted on 20/11/2022

26-year-old investor files for bankruptcy as FTX meltdown puts focus on Singapore’s digital asset stance

Jacob* was immediately intrigued with cryptocurrencies and digital assets when he first heard about them as a teen, but only found time to learn how to trade during lockdown in 2020.He quickly built ...

Posted on 19/11/2022

Top Stock Market Highlights of the Week: Temasek-FTX, Warren Buffett’s Big Buy, and Singapore Bank Mortgage Rates

We explore the implosion of a cryptocurrency exchange and Warren Buffett’s latest purchase. The post Top Stock Market Highlights of the Week: Temasek-FTX, Warren Buffett’s Big Buy, and Singapore Bank ...

Posted on 18/11/2022

Singapore Market falls on hawkish Fed, China COVID woes

The Singapore stock market finished session in the red on Friday, 18 November 2022, as profit booking triggered after hawkish comments from a top U. S. Federal Reserve official renewed worry about ...

Posted on 18/11/2022

Pofma correction orders issued to ex-GIC economist, The Independent Singapore over false claims on Govt’s fiscal surpluses

The Ministry of Finance (MOF) said on Friday that Mr Yeoh’s claim in two Facebook posts dated Nov 7 that there are $30 billion in structural fiscal surpluses that are available to the Government for ...

Posted on 18/11/2022

Corrections and clarifications regarding the Government’s fiscal surpluses and Singapore’s Reserves

The Independent Singapore (“TISG”) reproduced Yeoh’s statement in ... Any drawing of the Past Reserves is subject to the President’s concurrence. The Minister for Finance has instructed the Protection ...

Posted on 18/11/2022

Singapore firm weighs $200m IPO, ending listing drought

Legend Logistics is exploring an initial public offering (IPO) in Singapore to raise as much as $200 million, according to people with knowledge of the matter, in what would be the largest IPO in the ...

Posted on 18/11/2022

Stock Market LIVE Updates: Sensex jumps 150 points, Nifty nears 18,400; Nykaa gains 4%, Vedanta 2%

while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty. Nifty futures on the Singapore Exchange traded 62 points, or 0.34 per cent, higher at 18,437, ...

Posted on 18/11/2022

SGX Nifty rises 56 points: Asian markets firm; FPI buying, market outlook & more

SGX Nifty signals a positive start Nifty futures on the Singapore ... the market-wide position limit (MWPL). No new positions can be created in the derivative contracts of said security. This ...

Posted on 18/11/2022

Singapore’s state-owned Temasek writes down entire US$275 million investment in FTX as fallout from collapsed crypto firm spreads

Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.

Posted on 17/11/2022

These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

A share price jump could indicate investor optimism regarding positive business developments. The post These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

Posted on 17/11/2022

Singapore man linked to scams that duped over 50 victims of $3.7m arrested in Malaysia

The suspect is believed to have procured Singapore bank accounts through various chat platforms such as Telegram and Facebook. Read more at straitstimes.com.

Posted on 17/11/2022

Stock Market LIVE Updates: Sensex sheds 150 points, Nifty below 18,400; IRFC jumps 4%, Tata Motors sheds 2%

The fact that Sensex and Nifty are at record closing highs tells us that the Buy on Dips strategy has worked well in this market. Therefore, this strategy can be expected to work, ...

Posted on 17/11/2022

Singapore Firm Weighs $146 Million IPO, Ending Listing Drought

Legend Logistics Ltd. is exploring an initial public offering in Singapore to raise as much as S$200 million ($146 million), according to people with knowledge of the matter, in what would be the ...

Posted on 17/11/2022

Indian National Bhambri Kunal Jailed In Singapore For ‘illegally Withdrawing Fraud Money’

A 26-yr-old Indian citizen, Bhambri Kunal was sentenced to 9 weeks in prison in Singapore after he pleaded guilty to three charges for withdrawing fraud money ...

Posted on 17/11/2022

Singapore’s deputy PM: FTX case has ‘very serious allegations’ that amount to potential fraud

The collapse of crypto exchange FTX has "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday. Lawrence Wong said recent ...

Posted on 17/11/2022

Singapore-China green finance agreement signals regional trend

A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s intentions in the region.

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