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Tag: stock market

Posted on 08/03/2023

China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources

It was not immediately clear if SHEIN is planning to officially seek Chinese regulatory approval for its IPO. In recent years, the company has made a Singapore firm its de facto holding company and Xu ...

Posted on 08/03/2023

34% of investment professionals in SG expect private capital market to worsen

Some, however, said it will be about the same. More than three in 10 (34%) investment professionals in Singapore believe that the private capital market will be “somewhat worse” in 2023, data from ...

Posted on 08/03/2023

Singapore’s Sea Group turns profitable for the first time

Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.

Posted on 08/03/2023

Sea sails past growth vs. profitability debate

Singapore technology giant Sea on Tuesday reported its first ever quarterly profit, beating regional tech firms like GoTo and Grab to the punch. The almost $1 billion swing from a fourth-quarter loss ...

Posted on 08/03/2023

Stock Market Live: Sensex and Nifty 50 poised for a lower start, Asian indices in the red

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower mirroring the moves across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was ...

Posted on 08/03/2023

Pockets of uptrend in Singapore stock market

Singapore-listed companies operating in industries from real estate to commodities say business conditions will get tougher this year as demand slows and costs continue to rise.

Posted on 08/03/2023

Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$$766M Loss

Crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to six months.

Posted on 08/03/2023

China Life Singapore Wins “Most Innovative Life Insurance Company” in International Finance Awards 2022

Pte. Ltd. ("China Life Singapore" or "the Company") has won an award in 2022 International Finance Awards for Most Innovative Life Insurance Company - Singapore 2022. Established in 2015, China Life ...

Posted on 07/03/2023

Singapore: Man arrested for allegedly cheating former colleagues into making fake investments

A 37-year-old man was arrested on Monday for his suspected involvement in a series of investment scams that saw his former colleagues cheated of their money. He allegedly offered them investment deals ...

Posted on 07/03/2023

SMFL MIRAI Partners, Kenedix and ARA jointly invest in 50% interest in Singapore commercial building through an ARA-managed fund

SMFL MIRAI Partners Company, Limited (President: Tatsurou Terada; hereafter, "SMFL MIRAI Partners"), a consolidated subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited (President: ...

Posted on 07/03/2023

Man arrested for allegedly cheating former colleagues into making fake investments

A 37-year-old man was arrested on Monday for his suspected involvement in a series of investment scams that saw his former colleagues cheated of their money. Read more at straitstimes.com.

Posted on 07/03/2023

Pockets of growth can be found in S’pore stock market despite pressure on earnings, dividends

Earnings support for some Singapore-listed companies will come from the opening up of the Chinese economy. Read more at straitstimes.com.

Posted on 07/03/2023

Babel Finance Files Moratorium Application in Singapore High Court

For the purpose of this announcement, "Babel Finance" refers to Babel Holding Limited and certain of its subsidiaries and related parties.

Posted on 06/03/2023

Foreigners required to invest more in Singapore if seeking permanent residency

Singapore will raise the minimum investment required for foreign investors who seek permanent resident (PR) status in the city-state.

Posted on 06/03/2023

Singapore stocks rise in tandem with region and Wall Street; STI up 0.2%

SINGAPORE - Singapore stocks started the week slightly higher on Monday, in tandem with most key indexes in the region after Wall Street closed with gains last Friday. Read more at straitstimes.com.

Posted on 06/03/2023

Proposed single entry point at Malaysia-Singapore border to be presented in Cabinet, says DPM Fadillah

The proposal to streamline border control processes at the Malaysia-Singapore border through a single entry point will be presented to Cabinet, before being brought for further deliberation between ...

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