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Tag: stock market

Posted on 10/02/2023

Singapore scam victims lost S$660.7 million in 2022

Scam victims in Singapore lost S$660.7 million in 2022, up 4.5 per cent from S$632 million a year before, according to Singapore Police Force (SPF) data released on Wednesday (8 February). Scams and ...

Posted on 09/02/2023

Japan’s Sumitomo Mitsui to end corporate finance exposure to coal mining by 2040

Sumitomo Mitsui Banking Corp (SMBC) will not have any corporate and project finance exposure to coal mining by 2040 but does not have a concrete timeline for reducing support to trade finance, a ...

Posted on 09/02/2023

Singapore-based fintech Tazapay raises USD 16.9 million in Series A fundraising round, led by Sequoia Capital Southeast Asia

Singapore February 9 ANIPRNewswire Tazapay a leading fintech company specialising in cross-border payments announced today that it has raised USD 169 million in its Series A funding round Sequoia ...

Posted on 09/02/2023

Singapore Wins Record $17 Billion Investment Pledge on Reopening

Singapore said it secured record investment commitments last year as the economy reopened, while warning that officials don’t expect to repeat that performance amid mounting global headwinds.

Posted on 09/02/2023

Singapore attracted record S$22.5 billion in fixed asset investments last year, nearly double of 2021

SINGAPORE: Singapore attracted a record high of S$22.5 billion in fixed asset investments last year, which is set to create more than 17,000 jobs in the coming years, the Economic Development Board ...

Posted on 09/02/2023

Singapore REITs Fall, Weighed by Hawkish Fed Comments

By Justina Lee Singapore real estate investment trusts are trading lower Thursday, weighed by concerns of higher interest rates following remarks from ...

Posted on 09/02/2023

Expect to see better earnings from Straits Times Index constituents: Singapore Exchange

Ng Yao Loong, chief financial officer at the Singapore Exchange, says it is "situated in the right part of Asia," and better performance can be expected if economic conditions permit and if those ...

Posted on 09/02/2023

Asia IPOs In U.S. Poised To Increase As Region’s Economies Recover, Nasdaq Vice Chairman Says

This year, with Asia helping to lead a global economic recovery from Covid, the number of listings from the region may beat that pre-Covid number, Vice Chairman Robert McCooey, Jr. said in an ...

Posted on 09/02/2023

Revolut Singapore’s Customers Can Now Buy and Sell US-Listed Stocks From US$1

Revolut, a neobank with more than 25 million retail customers worldwide, is now offering stock trading for its Singaporean customers.

Posted on 09/02/2023

Multi Ways Holdings Files for IPO

By Stephen Nakrosis Singapore-based Multi Ways Holdings Ltd., which sells and rents heavy construction equipment, filed for an initial public offering ...

Posted on 08/02/2023

Revolut enables Singapore customers to trade US stocks on its app

Fintech company Revolut is now offering stock trading services to its customers in Singapore, enabling them to gain access to the United States stock market, it said on Tuesday. Read more at ...

Posted on 08/02/2023

Singapore Finance Ministry: After GST hike, more moves may be needed to raise revenues amid increased spending on healthcare, social support

After the hike in the Goods and Services Tax (GST), the Government will likely need to make further moves to boost its revenues to keep up with rising ...

Posted on 08/02/2023

Government spending could exceed 20% of GDP by 2030; GST and other tax moves help to close funding gap: Finance Ministry | Video

Singapore is expecting government expenditure to rise to about 19 per cent to 20 per cent of gross domestic product (GDP) between the financial years of 2026 to 2030, and possibly exceed 20 per cent ...

Posted on 08/02/2023

ReAlpha raises $9M in ‘mini-IPO’ to invest in Airbnb properties

A Dublin startup using AI to guide investments in Airbnb properties raised a total of $9.1 million in its 'mini-IPO.' Initially a $75M offering, the campaign had a late start and closed early – but ...

Posted on 08/02/2023

Government spending could exceed 20% of GDP by 2030; GST and other tax moves help to close funding gap: Finance Ministry

SINGAPORE: Singapore is expecting government expenditure to rise to about 19 per cent to 20 per cent of gross domestic product (GDP) between the financial years of 2026 to 2030, and possibly exceed 20 ...

Posted on 08/02/2023

Market LIVE Updates: Sensex and Nifty poised for a flat to positive start

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher on Wednesday amid mixed cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty ...

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