Gaming firm Razer prices IPO near top end, raises S$719m: IFR

HONG KONG - Razer Inc, a Singapore gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, has priced its initial public offering (IPO) near the top end of the range, raising HK$4.12 billion (S$719.2 million), IFR reported on ... ( read original story ...)

Singapore is losing Indonesian tourists

Tourist arrivals from Mainland China outpaced arrivals from Indonesia. Tourist arrivals from Mainland China to Singapore contributed 18.2% to total visitor arrivals, making the country the largest source market for tourism, JLL revealed. According to its ... ( read original story ...)

Singapore Stock Market Index FTSE STI To Break Out In 2018?

The stock market index of Singapore, the FTSE STI, seems poised for a multi-year break out, and it could happen as early as the first days of 2018. Let’s take a look into this. Ever since Singapore which is the smallest country in South-East Asia ... ( read original story ...)

Thomas Kupfer: «Singapore Taps Swiss Banking’s History»

Switzerland served as a model for Singapore in the past, but the two have now shifted into a more balanced relationship – especially in the finance industry, Swiss ambassador Thomas Kupfer writes in an exclusive essay for finews.first. finews.first is a ... ( read original story ...)

Singapore Probes Goldman Sachs Executives Over 1MDB

Singapore authorities are probing the dealings of Goldman Sachs with the Malaysian state investment fund commonly known as 1MDB, according to a media report. The bank raised some $6 billion for the fund, meant for development projects. Investigators at ... ( read original story ...)

What Could Cause Market Volatility in the Coming Months?

As most of us know, interest rates and stock market valuations should be inversely related, meaning as interest rates rise, stocks, in theory, should depreciate. In Singapore, interest rates have also risen in the past few years, starting from just 0.25% ... ( read original story ...)

DBS launches largest banking API developer platform

DBS Bank has launched the world’s largest banking application ... It revealed that there are 155 APIs at launch for Singapore across over 20 categories such as rewards, real-time payments, PayLah! and fund transfers. “More categories will be added ... ( read original story ...)

The Stock Market Creates Billionaires

Jeff Bezos brought Amazon.com to the stock market in 1997, and the company was valued at slightly ... to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of Amazon.com. ( read original story ...)

Asian Markets Mostly Lower as Market Waits Next Fed Leader

SEOUL, South Korea — Asian stock markets were mostly lower on Thursday ... to assess future monetary policy shifts," said Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "Current Fed governor Jerome Power is believed to be the most ... ( read original story ...)

Trendlines incubator raises $10.3m in Singapore offering

The Trendlines Ltd. (SI:42T) incubator has announced that it raised $10.3 million on the Singapore stock exchange. The company's existing ... a 13% discount on the market price on the day of the offering. Despite the discount, the company's share rose ... ( read original story ...)

The Case Of PetroChina, The Worst Stock Slump Ever

By dollar amount at least, the loss of $800 billion of market value represents the ... But investors hoping for a rebound in PetroChina's stock may want to reconsider, at least according to Toshihiko Takamoto, a Singapore-based money manager. ( read original story ...)