Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.
Investing in Singapore Exchange (SGX:S68) five years ago would have delivered you a 48% gain
For example, the Singapore Exchange Limited (SGX:S68) share price is up 24% in the last 5 years, clearly besting the market decline of around 28% (ignoring dividends). However, more recent returns ...
Jack Ma, Singapore Invest in MassMutual Asia
Alibaba Founder's financial services business Yunfeng Financial, Singapore's sovereign wealth ... by Ma and in which Yunfeng is also an investor, will own the remaining 40%.
Stay defensive on Singapore stocks as outlook dims, says RHB
RHB Bank Singapore is recommending investors to “stay defensive” on Singapore equities, given the struggle to find a clear direction amidst broader macro uncertainties.
Singapore emerges top capital source from Asia-Pacific to the US, driven by M&A deals by GIC: Knight Frank
US$12.5 billion was invested in the US and Canada, which accounted for 90% of the total Asia-Pacific capital inflow. Read more at straitstimes.com.
Singapore Shares May See Further Damage On Wednesday
The Singapore stock market on Tuesday ended the modest two-day winning streak in which it had risen more than 10 points or 0.3 ...
S’pore SMEs lead S-E Asia in tech spending; Asean to invest $173.6 billion in the next three years
Smaller firms in Singapore, Indonesia, Malaysia, Thailand and Vietnam are set to spend $173.6 billion on technology – a 70 per cent increase over the next three years, noted a new report. Read more at ...
Singapore stocks struggle for direction amid uncertain outlook
Mixed messages from the United States overnight gave traders here little to go on yesterday and left the local market on an even keel. Read more at straitstimes.com.
UOB to invest S$500 million to build global technology and innovation centre
UOB is to invest S$500 million to build a new global technology and innovation centre in Singapore's Punggol Digital District (PDD) ...
Alipay continues regional expansion strategy as speculation of IPO plans begin to resurface
Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...
IPO screener: Mankind Pharma subscribed 0.14 times at end of Day 1
The ₹4,326-crore initial public offering of Mankind Pharma Ltd, which opened for subscription on Tuesday, was subscribed 0.14 times or 14 per cent on Day 1. The issue comes at a price band of ₹1,026-1 ...
Singapore to produce a steady pipeline of emerging tech start-ups
The Agrifood sector accounted for the largest proportion of emerging tech companies incorporated in 2022, reports SGInnovate.
Dollar, yen buoyed as US banking sector fears put safe-havens back in vogue
The U.S. dollar and the yen, both safe haven assets, were mostly steady after spiking higher overnight as renewed concerns over the U.S. banking sector and economy dented risk sentiment. The dollar ...
Singapore, Shanghai ink record 15 deals
Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.
Syfe allies with US-based investment management firm for unique offering
Monthly payouts range between 4.0% to 6% per annum. Singaporean digital wealth manager Syfe has announced Syfe Income+. Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio ...
Singapore hospitality players to expand globally in 2023 and beyond
The Ascott Limited and Frasers Hospitality aim to capitalise on demand for travel as pandemic curbs ease. Read more at straitstimes.com.