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Tag: stock market

Posted on 18/01/2023

Singapore stocks snap 2-day losing streak; STI rises 0.3%

SINGAPORE shares snapped a two-day losing streak on Wednesday (Jan 18), in tandem with most Asian bourses. The Straits Times Index (STI) closed 0.3 per cent or 9.04 points higher at 3,289.55 points.

Posted on 18/01/2023

Deloitte hopes Budget 2023 will include re-evaluation of Singapore’s tax incentives

PROFESSIONAL services company Deloitte has a list of features it would like to see in Budget 2023, and on this list released on Wednesday (Jan 18) are a re-evaluation of Singapore’s tax incentive ...

Posted on 18/01/2023

Market LIVE Updates: Sensex and Nifty 50 likely to start higher as indicated by SGX Nifty

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on Wednesday amid largely positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the ...

Posted on 18/01/2023

Olam Agri Singapore-Saudi dual listing could raise $1bln -sources

Singapore state investor Temasek Holdings owns 51% in Olam and Japanese trading house Mitsubishi Corp (8058.T) owns 14.4%. The sources with direct knowledge of the IPO told Reuters it could raise ...

Posted on 18/01/2023

Emergence of ‘finfluencers’ helps raise awareness about finance, but licensed advisors question knowledge, partiality of some

One of their followers is Mr Abraham Kang, who owns a finance consultancy business and is also a financial advisor licensed by the Monetary Authority of Singapore (MAS). “The Weeblings also ...

Posted on 18/01/2023

Singapore offering five-year visa program to attract wealthy foreigners

Singapore's new five-year visa program officially came into effect this month as the city state seeks to woo wealthy foreigners and bolster post-pandemic economic recovery.

Posted on 18/01/2023

Fremont solar energy business Nextracker to test its $3B valuation in an IPO

The last major IPO by a Bay Area-based tech company was by Credo Technology Inc., a San Jose-based data infrastructure business that raised $200 million in January 2022.

Posted on 18/01/2023

Temasek-backed data centre operator explores over US$1 billion IPO, sources say

"As with many businesses of our size and scale, we are constantly exploring all options to optimize our capital structure" ...

Posted on 17/01/2023

Singapore jails former CFO 20 years for defrauding over dozen banks; caused RM2.1bil in losses

Lim Beng Kim, a former chief financial officer of commodities firm Agritrade International Pte, was sentenced to 20 years jail in Singapore for defrauding over a dozen banks and causing almost US$500 ...

Posted on 17/01/2023

Can Singapore stay a safe haven this year?

With the Lunar New Year now approaching, analysts are busy forecasting what the rest of the year will be like for stocks.

Posted on 17/01/2023

Singapore stocks slide in line with most Asian bourses

SINGAPORE - Singapore shares slid in line with the declines recorded at most Asian bourses on Tuesday (Jan 17), amid reports of the Republic’s December exports having plunged by their steepest level ...

Posted on 17/01/2023

In investing, stick with the familiar while always learning

INVEST in what you know is generally a good mantra to follow. I got burnt when I first started actively buying shares in the 1990s, by mainly speculating in Malaysian counters that traded here on the ...

Posted on 17/01/2023

What is Singapore’s largest real estate investment deal in 2022?

The transaction was worth S$2.16 billion. The year 2022 can be described as a roller coaster. According to a Knight Frank report, this began with the euphoria stemming from the reopening of economies ...

Posted on 17/01/2023

Stock Market LIVE Updates: Sensex flat, Nifty above 17,900; Nykaa falls 4%, Delhivery 2%

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...

Posted on 17/01/2023

Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade lower

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...

Posted on 17/01/2023

Market LIVE Updates: SGX Nifty futures indicate a flat to positive start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open flat or with minor gains on Tuesday after a volatile session on Monday. Singapore Exchange Nifty futures, an early indicator of ...

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