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Tag: stock market

Posted on 21/11/2022

Singapore’s central bank says not possible to protect local users from FTX fallout

The Monetary Authority of Singapore (MAS) said on Monday that it was not possible for the central bank to protect local users from FTX’s collapse as the crypto exchange operated offshore and was not ...

Posted on 21/11/2022

Singapore stocks fall amid regional declines; STI down 0.7%

SINGAPORE stocks finished Monday (Nov 21) with a loss of 0.7 per cent, with the Straits Times Index (STI) falling 21.61 points to 3,250.62. Read more at The Business Times.

Posted on 21/11/2022

Singapore stocks fall amid regional declines

SINGAPORE - Singapore stocks finished Monday (Nov 21) with a loss of 0.7 per cent, with the Straits Times Index (STI) falling 21.61 points to 3,250.62. Read more at straitstimes.com.

Posted on 21/11/2022

Applying World Cup wisdom to the stock market

SINGAPORE - With the World Cup under way in Qatar, there is plenty at stake for the 32 countries contesting for the top prize in international football. It is not just glory and fame at stake for the ...

Posted on 21/11/2022

Ex-DBS officer jailed for using bank’s system to find out people’s salaries, leaking details

Accessed customer info even though he was not supposed to According to CNA, Liong was a DBS collections officer between July 2016 and December 2018. As part of his job scope, he was given access to ...

Posted on 21/11/2022

Singapore’s ‘loss and damage’ fund contributions to be negotiated: Grace Fu

On expanding Singapore’s climate change contributions, Minister for Sustainability and the Environment Grace Fu said the country believes in multilateralism, and will participate in the new fund with ...

Posted on 21/11/2022

Singapore stocks rise at Monday’s open; STI up 0.2%

SINGAPORE stocks rose in early trade on Monday (Nov 21), tracking Wall Street gains as investors tried to shrug off concerns about further interest rate hikes. Read more at The Business Times.

Posted on 20/11/2022

26-year-old investor files for bankruptcy as FTX meltdown puts focus on Singapore’s digital asset stance

Jacob* was immediately intrigued with cryptocurrencies and digital assets when he first heard about them as a teen, but only found time to learn how to trade during lockdown in 2020.He quickly built ...

Posted on 19/11/2022

Top Stock Market Highlights of the Week: Temasek-FTX, Warren Buffett’s Big Buy, and Singapore Bank Mortgage Rates

We explore the implosion of a cryptocurrency exchange and Warren Buffett’s latest purchase. The post Top Stock Market Highlights of the Week: Temasek-FTX, Warren Buffett’s Big Buy, and Singapore Bank ...

Posted on 18/11/2022

Singapore Market falls on hawkish Fed, China COVID woes

The Singapore stock market finished session in the red on Friday, 18 November 2022, as profit booking triggered after hawkish comments from a top U. S. Federal Reserve official renewed worry about ...

Posted on 18/11/2022

Pofma correction orders issued to ex-GIC economist, The Independent Singapore over false claims on Govt’s fiscal surpluses

The Ministry of Finance (MOF) said on Friday that Mr Yeoh’s claim in two Facebook posts dated Nov 7 that there are $30 billion in structural fiscal surpluses that are available to the Government for ...

Posted on 18/11/2022

Corrections and clarifications regarding the Government’s fiscal surpluses and Singapore’s Reserves

The Independent Singapore (“TISG”) reproduced Yeoh’s statement in ... Any drawing of the Past Reserves is subject to the President’s concurrence. The Minister for Finance has instructed the Protection ...

Posted on 18/11/2022

Singapore firm weighs $200m IPO, ending listing drought

Legend Logistics is exploring an initial public offering (IPO) in Singapore to raise as much as $200 million, according to people with knowledge of the matter, in what would be the largest IPO in the ...

Posted on 18/11/2022

Stock Market LIVE Updates: Sensex jumps 150 points, Nifty nears 18,400; Nykaa gains 4%, Vedanta 2%

while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty. Nifty futures on the Singapore Exchange traded 62 points, or 0.34 per cent, higher at 18,437, ...

Posted on 18/11/2022

SGX Nifty rises 56 points: Asian markets firm; FPI buying, market outlook & more

SGX Nifty signals a positive start Nifty futures on the Singapore ... the market-wide position limit (MWPL). No new positions can be created in the derivative contracts of said security. This ...

Posted on 18/11/2022

Singapore’s state-owned Temasek writes down entire US$275 million investment in FTX as fallout from collapsed crypto firm spreads

Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.

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