Tag: stock market

HSBC will be naming a new chief executive for its Singapore business after its current head Tony Cripps was tapped to run Saudi British Bank (SABB), reports Bloomberg, based on an internal memo. The ... ( read original story ...)

The Singapore stock market on Wednesday halted the two-day winning streak in which it had picked up almost 10 points or 0.3 percent. The Straits Times Index now sits just above the 2,920-point plateau ... ( read original story ...)

The Rs 820 crore IPO by state-run RailTel Corporation of India was subscribed 2.8 times on the second day of the bidding process so far. By 10:20 am, the issue had received bids for 16,97,32,595 ... ( read original story ...)

Virtual bank licences have been something of a work in progress in Singapore over the past few years, and despite the pandemic, this process has remained on track. In June last year, the Monetary ... ( read original story ...)

Singapore’s relatively smaller annual budget targeting just a few sectors of the country’s pandemic-hit economy for support will do little to significantly boost the country’s lagging stock market -- ... ( read original story ...)

The issue received bids for 16.14 crore equity shares against the offer size of over 6.11 crore shares, according to the data available on the exchanges.RailTel had on Monday raised ₹243.99 crore from ... ( read original story ...)

RailTel Corporation of India Limited ("RailTel"), one of the largest neutral telecom infrastructure providers in the country, received bids of 16,13,30,820 shares against the offered 6,11,57,360 ... ( read original story ...)

The initial public offer of telecom infrastructure provider RailTel Corporation of India was subscribed 2.64 times on the first day of subscription on Tuesday. The Rs 819.24-crore offer received bids ... ( read original story ...)

Many victims were tricked into revealing their user IDs, passwords, OTPs or credit card details.. Read more at straitstimes.com. ( read original story ...)

PolicyBazaar is expected to dilute up to 15% stake through the IPO and is said to be seeking a valuation of almost $3.5 Bn ... ( read original story ...)

Finance Minister Heng Swee Keat said the funds will be used to support Covid vaccination efforts and economic segments hit hard in the pandemic. ( read original story ...)

Government last year committed nearly $75.55bln in support measures to cushion the impact of the coronavirus outbreak ... ( read original story ...)

The following are some highlights from Singapore's budget proposals outlined by Finance Minister Heng Swee Keat in parliament on Tuesday. ( read original story ...)

Singapore will set aside a further S$11 billion in a COVID-19 support package this year, its finance minister Heng Swee Keat said on Tuesday, as part of his budget announcement, extending last year’s ... ( read original story ...)

The government is extending wage support to employers in the hard-hit sectors During Singapore’s annual Budget speech today (16 February), Finance Minister Heng Swee Keat announced an extension of the ... ( read original story ...)

Support for businesses and households are slated to feature prominently in Singapore’s first Budget for 2021 on Tuesday (Feb 16), as the economy continues to pull through the havoc wreaked by the ... ( read original story ...)