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Tag: stock market

Posted on 17/02/2023

Explainer: Is the Singapore Govt too conservative in its budget projections? And is that actually good or bad?

Apart from the headline-grabbing Budget 2023 measures, it has not gone unnoticed that the Government’s financial numbers have tallied with a general ...

Posted on 16/02/2023

Singapore Hits Highest Fintech Funding in 3 Years, Crypto Snagged US$1.2 Billion

Fintech investments in Singapore witnessed a three-year-high of US$4.1 billion across 250 deals according to the KPMG Pulse of Fintech H2’22.

Posted on 16/02/2023

Nifty to surpass 18,100 or bears to stage a comeback? 7 things to know before share market opens today

On the Singapore Exchange ... F&O sector because they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that ...

Posted on 16/02/2023

Share Market LIVE Updates: Sensex and Nifty 50 poised for a positive start, Asian stocks in the green

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to make a flat to positive start on Thursday tracing cues from global markets. Singapore Exchange Nifty futures, an early indicator of ...

Posted on 16/02/2023

Commentary: Should Singapore households be given more support to defray high energy costs?

Select businesses in Singapore can enjoy one more year of government grants to invest in energy efficiency. David Broadstock of Energy Studies Institute explores if households should be empowered to ...

Posted on 15/02/2023

Stock Market LIVE Today: Sensex, Nifty50 likely to open weaker as indicated by SGX Nifty futures; ONGC, ITC in focus

Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty50 index — are down 67 points or 0.4 per cent at 17,860.5 at this hour, suggesting a weak start ahead on Dalal Street. Earlier ...

Posted on 15/02/2023

Steady Start Eyed For Singapore Stock Market

(RTTNews) - The Singapore stock market has moved lower in back-to-back sessions, sinking more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the ...

Posted on 15/02/2023

Setting this year’s budget was a ‘very delicate balancing act,’ says Singapore minister

Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong discusses the 2023 budget that was delivered in parliament on Tuesday. He says it was a challenge to find a "sweet spot" as ...

Posted on 15/02/2023

One of the world’s largest sovereign wealth funds has hit the brakes on investing in China amid fears about Beijing’s leadership, report says

Singapore's sovereign wealth fund, GIC, has significantly reduced its private investing in China, sources told the Financial Times. Reasons include Xi Jinping's "common prosperity" campaign and fears ...

Posted on 14/02/2023

Singapore’s GIC says still exploring China investment opportunities

Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of industries, adding that it maintains significant exposure to ...

Posted on 14/02/2023

Budget 2023: National Productivity Fund gets $4 billion top-up to attract multinational investments

The fund was established to support a wide range of measures for businesses to improve productivity, and continue to educate and train workers. Read more at straitstimes.com.

Posted on 14/02/2023

FirstFT: Singapore’s GIC scales back China investments

Singapore’s GIC, one of the world’s largest investors ... The sovereign wealth fund has also significantly slowed the pace of its direct investments in private Chinese companies, five people with ...

Posted on 14/02/2023

Singapore finance minister sees lower 2022 budget deficit at S$2 billion

Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a previous ...

Posted on 14/02/2023

Singapore finance minister sees 2022 budget deficit of RM6.6bil

SINGAPORE, Feb 14 (Reuters): Singapore's Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion (US$1.51 billion - RM6.6bil), down from a ...

Posted on 14/02/2023

Singapore fin min sees lower 2022 budget deficit at S$2bil

SINGAPORE: Singapore Finance Minister Lawrence Wong said on Tuesday the government expects 2022's budget deficit to be S$2 billion ($1.51 billion), or 0.3% of gross domestic product, down from a ...

Posted on 14/02/2023

Singapore’s GIC rethinks China strategy after significant pullback

Singapore’s sovereign wealth fund GIC has put the brakes on private investments in China as it steps up scrutiny of risks in the world’s second-biggest economy. GIC, one of the world’s largest ...

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