Tag: stock market

SINGAPORE (BLOOMBERG) PropNex Realty Pte, Singapore's biggest property broker, plans to seek about S$40 million from a proposed Singapore initial public offering, people with knowledge of the matter said. The company is targeting a market capitalisation of ... ( read original story ...)

Strong regulatory support from MAS buoyed the lion city to score the APAC crown. Singapore easily beat Hong Kong and Australia in its readiness for open banking, according to a report by the International Data Corporation. The report assesses a country's ... ( read original story ...)

SINGAPORE, May 31 (Reuters) - Singapore’s total bank lending rose 0.8 percent in April from a month earlier as loans to businesses increased, central bank data showed on Thursday. Loans and advances by domestic banking units in the city-state amounted to ... ( read original story ...)

Half of the embattled firm’s debt comes in the form of unsecured bank loans. Around 30 local Singapore banks and foreign subsidiaries run the risk of registering losses as water treatment firm Hyflux struggles to stay afloat after it applied for court ... ( read original story ...)

SINGAPORE/KUALA LUMPUR (Reuters) - AirAsia Group Bhd (AIRA.KL) shares plunged on Wednesday after federal police in India filed a case against the airline accusing it of corruption - a probe that threatens to delay its India unit’s IPO plans and ... ( read original story ...)

A stock connect between India and Singapore, modeled on the popular Shanghai-Hong Kong ... and investors are fleeing emerging-market risk. So India wants all its equity derivative trading to go to … the boondocks. SGX clearly underestimated the zeal ... ( read original story ...)

Singapore’s stock exchange has delayed the launch of its new Indian ... who rely on SGX’s platform to manage the risks of their exposures to the Indian market, and significantly diminishes access to, and interest in the capital markets in India”. ( read original story ...)

In 1942, Austrian economic prophet Joseph Schumpeter coined the term “creative destruction.” Schumpeter envisioned innovation to be the key driver by which industries are “destroyed” and replaced with newer, more creative ones. This force is seen ... ( read original story ...)

With 90% of the railroad project to be done in Malaysia, and most of the expenditure falling on the Malaysian government, was there really a need for Singapore to be involved? The Finance Twitter site said, Tun Dr Mahathir Mohamad is moving for the kill as ... ( read original story ...)

Will Genting Singapore be the major victim of the the Malaysian Government’s decision to scrap the high-speed rail project between Singapore and Kuala Lumpur? The Prime Minister of Malaysia, Dr Mahathir Muhammad had yesterday in no uncertain terms ... ( read original story ...)

TH Group may one-up Vietjet and VNG by becoming the first Vietnamese firm to have its stock listed on an overseas stock exchange. However, the IPO is planned for 2020, which leaves a lot of space for action for the other firms. The first phase of TH Group ... ( read original story ...)

The Singapore stock market headed south again on Friday, one session after it had halted the two-day slide in which it had fallen more than 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,515-point plateau and it may tick ... ( read original story ...)

Boustead Singapore Limited (SGX: F9D), which was established in 1828, is a global service provider of infrastructure-related engineering services and geo-spatial technology. It has three business divisions: energy-related engineering; real estate solutions ... ( read original story ...)

Initiatives like these will help encourage AI adoption across the Singapore economy and create opportunities for AI companies. This will generate jobs for programmers and engineers, as well as professionals with more traditional skills, such as finance ... ( read original story ...)

Singapore’s central bank and financial regulator has warned eight crypto exchanges against facilitating the trading of digital tokens deemed as securities and futures contracts without prior approval. In an announcement today, the Monetary Authority of ... ( read original story ...)

Globally, a host of stock markets, including those of China, South Korea, Singapore, Hong Kong ... flows -- at Rs 8,511 crore -- have done the rescue act, helping the stock market go higher. Investors are advised to keep an eye on stock tips for tomorrow ... ( read original story ...)