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Tag: stock market

Posted on 13/04/2023

Singapore tax: Do you need to declare Toto winnings to IRAS?

Well, good news: according to the Inland Revenue Authority of Singapore (IRAS), "winnings received are not taxable as they are windfalls and not considered as an income". Hence, you do not need to ...

Posted on 13/04/2023

Singapore Land Group (SGX:U06) shareholders have endured a 29% loss from investing in the stock five years ago

The stock market disliked the FOMC minutes citing a possible recession, closing the day in the red. This airline stock plunged over 9%. 3M (MMM) is poised for growth on the back of improving supply ...

Posted on 13/04/2023

Singapore tycoon’s Nippon Paint seeking acquisition deals

Mr Goh Cheng Liang's Wuthelam Holdings took a majority stake in Japan's Nippon Paint in 2021. Read more at straitstimes.com.

Posted on 13/04/2023

More help for companies to assess climate-related risks and understand green finance

Help is at hand for companies struggling to assess the impact of climate change on their business and the even more daunting challenge of securing funding for sustainable projects. Read more at ...

Posted on 12/04/2023

Singapore stocks fall as Asia markets close mixed

SINGAPORE ­– Local shares meandered to a slight loss on Wednesday after traders found few leads to latch on to. Read more at straitstimes.com.

Posted on 12/04/2023

These 4 Singapore Stocks Are Touching Their 52-Week Highs: Are They a Buy?

We identified four stocks that are scaling a year high. Should they be on your buy watchlist? The post These 4 Singapore Stocks Are Touching Their 52-Week Highs: Are They a Buy? appeared first on The ...

Posted on 12/04/2023

Customers in Singapore more satisfied with financial services: study

Customers in Singapore are more satisfied with finance sector there as banks boost their online banking security. However, customers are less interested in newcomer digital banks.

Posted on 12/04/2023

What US stocks do Singapore clients invest in this March?

Singapore clients had more appetite for US stocks as the IMX was measured 4.34 in March. TD Ameritrade Singapore said its Singapore Investor Movement Index (IMX) grew to 4.34 in March from 4.29 in ...

Posted on 12/04/2023

Chinese Wealthy in Singapore: Spending lavishly, but not investing locally

Despite the surge in ultra-wealthy Chinese entrepreneurs moving to Singapore, money managers claim little investment is being made in local funds and private equity firms. Bloomberg reports that the ...

Posted on 12/04/2023

Rich Chinese have yet to invest big in city-state

When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it hasn’t quite happened.

Posted on 12/04/2023

Stock Market Today Live Updates: SGX Nifty signals a muted start; Asian shares trade mixed

Tokyo shares opened higher Wednesday following gains on Wall Street, while investors awaited the release of US inflation data later in the day.The benchmark Nikkei 225 index rose 0.23 percent, or 64.86 points, to 27,988.23 in early trade, while the broader Topix index added 0.61 percent, or 13.52 points, to 2,005.37.

Posted on 12/04/2023

Metaverse: OCBC Bank Introduces OCBCx65Chulia in Decentraland to “Redefine” Access to Banking

OCBC Bank has reportedly opened the doors to a different banking experience on leading Metaverse platform Decentraland.

Posted on 12/04/2023

4 Singapore Semiconductor Stocks Well-Positioned to Pay Higher Dividends

These four stocks may be temporarily affected by the microchip downturn, but remain poised to pay out higher dividends once the recovery takes hold. The post 4 Singapore Semiconductor Stocks ...

Posted on 11/04/2023

Mirxes applies for Singapore IPO, but may be lured by Hong Kong

HOMEGROWN cancer diagnostics company Mirxes has made its first submission of documents to the Singapore Exchange (SGX) for an initial public offering (IPO) that could raise between US$100 million and ...

Posted on 11/04/2023

Singapore stocks see muted trading as caution reigns ahead of key data; STI up 0.1%

In the wider Singapore market, gainers outnumbered losers 305 to 256 ... Genting Singapore was the most actively traded constituent stock. The integrated resort operator fell 0.9 per cent or S$0.01 to ...

Posted on 11/04/2023

Rich Chinese splashing out on luxury have yet to invest big in Singapore

Hedge funds, banks and private equity firms say there has been a relative pittance of new business from ultra-rich Chinese emigres. Read more at straitstimes.com.

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