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Tag: stock market

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 ...

Posted on 14/02/2023

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

Aspire, the Singapore-based neobank that wants to become the financial ... Aspire began offering more services, including bank accounts for cross-border businesses, corporate cards, payable and ...

Posted on 14/02/2023

Singapore-based edtech IMMRSIV sets terms for proposed $11M US IPO

Singapore-based edtech IMMRSIV has disclosed terms for a proposed $11M US initial public offering. IMMRSIV said in a filing that it was looking at offering 2.4M ordinary shares pr ...

Posted on 13/02/2023

Singapore Exchange Saw its 1H FY2023 Net Profit Jump 30%: 5 Highlights from the Bourse Operator’s Latest Earnings

One reason for the weaker numbers could be the volatility in stock markets. A total of four new IPOs raised ... we cover the best performing stocks and blue chips in the Singapore market in 2022. Look ...

Posted on 13/02/2023

Market LIVE Updates: Sensex and Nifty 50 likely to open lower, Asian markets in the red

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower on first trading day of the week amid largely negative global cues. Singapore Exchange Nifty futures, an early indicator ...

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