First, there will be a volatile bottoming process, and then a rebound, say analysts. Read more at straitstimes.com.
Higher cost of capital a challenge for SGX IPO landscape as Reits, Spacs face lower valuations
INITIAL public offering (IPO) activity on the Singapore Exchange (SGX) could remain muted in 2023 as real estate investment trusts (Reits) adjust to the realities of lower valuations in a higher ...
Stock Market LIVE: Sensex tops 61k, Nifty up 50 pts; Tata Steel, Hindalco gain
Stock markets start flat on the first trading day of 2023. Metal and PSU Bank shine, while Pharma stocks struggle. Tata Steel and Hindalco gain; Bajaj Auto and Asian Paints tank. Asian markets are ...
Why stock markets, including Singapore’s, should boom in 2023
TERRIBLE 2022 is over. Expect the Straits Times Index (STI) and global stocks and bonds to boom in 2023, as a bull market no one foresees delivers strong returns – 15 per cent, 20, 25, maybe more.
How to visit Singapore using Apple Pay, Apple Wallet, and zero cash
As travel restrictions finally ease, many are booking flights to destinations such as the tech-forward Singapore. Here's how to visit Singapore's top sights without having to shell out a single ...
Singapore’s economy ‘will be affected’ with ‘troubled’ international outlook: PM Lee
In his speech, the PM added that more assistance is on its way for Singaporeans to cope with the cost of living pressures.
Singapore: Over 400 people being investigated over suspected scam involvement, victims lost over RM69.16mil
A total of 311 men and 133 women are being investigated for suspected involvement in over 1,400 cases of scams as scammers or money mules, the police said on Friday (Dec 30).
Singapore sentences stock market manipulator to 36 years in jail
Singapore’s High Court has sentenced the masterminds behind the country’s largest stock market manipulation to decades in jail, according to a joint statement on Wednesday from the Attorney-General’s ...
Analysts see mixed picture for stock markets in 2023, with things looking up in second half
SINGAPORE - Recession and its impact on corporate earnings will likely occupy the minds of investors through much of 2023, just as inflation, interest rates and the war in Ukraine took centre stage ...
Singapore-based edtech IMMRSIV files for $17M US IPO
Singapore-based edtech IMMRSIV (IMSV) has filed for a proposed $17M US initial public offering. Read more here.
Malaysian Businessman Gets 36 Years In Singapore Jail For RM26 Billion Penny Stock Crash
John Soh Chee Wen, a 63-year-old prominent Malaysian businessman, is the mastermind of a scheme that led to the largest market manipulation in Singapore.
DBS makes key leadership changes for institutional banking business
Joyce Tee, now group head of SME banking, to head the institutional banking group for DBS China. Read more at straitstimes.com.
Singapore Shares May Run Out Of Steam On Thursday
The Singapore stock market has ticked higher in consecutive trading days, collecting almost 10 points or 0.3 percent along the way.
Singapore’s 2023 Budget statement to be delivered in Parliament on Feb 14
SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2023 Budget statement in Parliament on Feb 14, 2023, the Ministry of Finance (MOF) said on Thursday ...
Mercatus confirms sale of Singapore malls to Link Reit for S$2.16 billion
Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
UOB Kay Hian’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.