Special purpose acquisition companies (SPACs) appear to be losing their luster in Hong Kong and Singapore, after the bloom already came off the rose in the U.S. amid expectations of stricter ... ( read original story ...)
Singapore offshore giant agrees payment deferral
Singapore’s Sembcorp Marine has reached agreement with Borr Drilling to allow its client two more years to make payment for rigs it is constructing. Sembmarine on Thursday confirmed that its wholly ... ( read original story ...)
Singapore International Foundation honoured for boosting S’pore-Indonesia ties over 30 years
Indonesian embassy presented the Adinata Award to SIF at a ceremony to mark the country’s 77th Independence Day. Read more at straitstimes.com. ( read original story ...)
Investment bank behind 32,000% IPO probed by Hong Kong regulator
ATMD Group, the financial group behind an PO that soared by more than 32,000% following its debut, is being probed by Hong Kong's SEC. ( read original story ...)
Singapore to be Asia’s millionaire capital by 2030: HSBC
Singapore will overtake Australia to have Asia’s highest share of millionaires in the adult population by 2030, according to a report by HSBC Holdings Plc. The financial hub is expected to top the ... ( read original story ...)
Singapore’s UOB sees Chinese stocks outperforming in the second half as Beijing moves to support economy
Positive vibes’ from Beijing indicate more support on the infrastructure and lending fronts, which could have a ‘multiplier effect on boosting consumption’ and Chinese equities in the second half, ... ( read original story ...)
Stock Market LIVE Updates: Sensex and Nifty50 likely to open with minor cuts today
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower on Thursday, a day after Dalal Street scaled yet another four-month closing highs, amid weakness across global markets. ( read original story ...)
Renewed Selling Pressure Expected For Singapore Stock Market
The Singapore stock market on Wednesday ended the three-day losing streak in which it had slumped almost 25 points or 0.7 percent. ( read original story ...)
What is a Bear Market and How Should You Smartly Invest During One?
A bear market is, very simply put, any single stock or index that experiences a severe decline in value over a sustained period of time. And so, here we share the tips on how to survive a Bear Market ... ( read original story ...)
Gaza could be the next Singapore – opinion
Let’s face reality, Hamas is here to stay – now is the time to set the course to engage with Hamas and to provide the means for its moderation and pragmatism to increase. ( read original story ...)
Tencent Posts First Revenue Drop Since 2004 IPO
The Chinese social-media giant’s revenue dropped 3% as a slowing economy further dented its online-ad revenue, while its videogame business continued to struggle from tighter regulations. ( read original story ...)
Tax the rich? 5 ways Singapore might tackle wealth inequality as it seeks inclusive growth
Singapore abolished its so-called estate duty – taxes collected on wealth left behind after a person’s death – in 2008. Then-finance minister Tharman Shanmugaratnam said the move would encourage ... ( read original story ...)
Singapore Savings Bonds (SSB) Vs CPF Top Up. The Benefits And Drawbacks Of Both Options
Both the SSB and the CPF serve different investment needs of investors. We have been in a low interest rate environment since the global financial crisis (GFC) of 2007–2008. Interest rates on our ... ( read original story ...)
Why Singaporeans are investing in money market fund amidst volatile markets
Investors are allocating 70% of their funds portfolio to money market funds. Money market fund was selected by Singaporeans as the top investment tool to hedge inflation. Based on a study by wealth ... ( read original story ...)
Youth admits cheating 7 friends of S$332,000 in investment scam
The youth believed he would be more well-liked by his peers if he showed success at cryptocurrency trading, says his defence lawyer. ( read original story ...)
IPW: Singapore targets sustainable investment, and OECD highlights climate finance deficit
In this week’s Infrastructure Policy Watch, Singapore mobilises sustainable infrastructure investment and the OECD reports on global climate change investment. Singapore has launched a new online ... ( read original story ...)