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Tag: stock market

Posted on 19/05/2023

Whistleblower calls out alleged unfair hiring practices in Singapore banking industry

An anonymous banking insider reported allegations of favoritism within Citibank's Singapore branch, claiming senior roles were filled by foreign staff over viable local candidates. Drawing inspiration ...

Posted on 19/05/2023

Singapore firms should be aware of the opportunities in Africa, ‘break new ground’: PM Lee

Singapore therefore needs to double down on staying open ... For instance, PM Lee and Kenyan President William Ruto announced after they met on Thursday that a bilateral investment treaty between the ...

Posted on 18/05/2023

Singapore and Kenya sign three new deals, agree to ratify investment treaty soon

The two countries will collaborate on climate issues, info and comms tech, skills development. Read more at straitstimes.com.

Posted on 18/05/2023

Singapore proptech Simpple downsizes proposed IPO to $7M

Singapore-based proptech Simpple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simpple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...

Posted on 18/05/2023

Ever Glory jumps on trading debut to 52.3% above IPO price

Ever Glory plans to use the $3.1 million raised from its IPO to scale its existing business. Read more at straitstimes.com.

Posted on 18/05/2023

Singapore’s Whampoa Group to set up digital bank HQ in Bahrain

Singapore's Whampoa Group, an investment firm with stakes in global tech firms, will set up the headquarters of its new digital bank in Bahrain, the Gulf state's Economic Development Board (EDB) said ...

Posted on 18/05/2023

30 from Singapore on Forbes’ 30 Under 30 Asia 2023 list

finance and venture capital; media, marketing and advertising; retail and e-commerce; enterprise technology; industry, manufacturing and energy; healthcare and science; social impact; and consumer ...

Posted on 18/05/2023

Forbes 30 under 30: 30 Singapore entries featured under Asia list

Notable Singapore names in the Forbes 30 under 30 list include Gwyneth Ang, founder of One Prawn & Co., and King of Fried Rice founder Lester Li. Who are the others?

Posted on 18/05/2023

Singapore proptech Simmple downsizes proposed IPO to $7M

Singapore-based proptech Simmple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simmple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...

Posted on 18/05/2023

Asian e-tailer WeBuy upsizes proposed US IPO to $11M

Southeast Asian e-tailer WeBuy (WBUY) has updated terms for a proposed $11M US initial public offering. WeBuy said in a filing that it is now planning to offer 2.63M shares priced at $4 per share, ...

Posted on 17/05/2023

Singapore has the highest stamp duty rates for foreign residential property buyers

According to a study by Savills, Singapore ranks highest in the world for total stamp duty rates for a foreigner looking to buy a residential property, clocking in at about 64 per cent* of the selling ...

Posted on 17/05/2023

Singapore’s Jewels: 20 small-cap companies that investors should pay attention to

Investors looking for Singapore-listed companies to invest in should consider the Lion City’s “20 jewels,” according to RHB. “Jewels” are small-cap companies which have a market capitalisation range ...

Posted on 17/05/2023

Singapore Bourse Tipped To Extend Tuesday’s Losses

The Singapore stock market headed south again on Tuesday, one day after halting the six-day losing streak in which it had dropped ...

Posted on 17/05/2023

Stock Market Live: Sensex, Nifty 50 expected to open lower tracking global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 38 points ...

Posted on 17/05/2023

SGX Nifty down 35 points; here’s what changed for market while you were sleeping

Option data suggests a broader trading range in between 18000 to 18600 zones while an immediate trading range in between 18100 to 18450 zones.

Posted on 17/05/2023

Boeing Loses Big Singapore Order, Stock Slips Slightly

After all the disasters that Boeing (NYSE:BA) took over the last three years or so, it was just starting to look like it was turning things back ...

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