Singapore to freeze number of cars on its roads

Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. The growth cap for all passenger cars and motorcycles will ... ( read original story ...)

Singapore Stock Market Due For Profit Taking

The winning streak has hit seven sessions for the Singapore stock market, which has advanced more than 65 points or 2 percent along the way. The Straits Times Index now rests just beneath the 3,350-point plateau, although investors figure to cash in on ... ( read original story ...)

How Singapore sees itself complementing China’s Belt and Road

China is Singapore's biggest export market. If the relationship is further strengthened ... "where the infrastructure can be put out either on the stock exchange, or bonds can be issued." Stressing the importance of arbitration in promoting the Belt ... ( read original story ...)

End of an era as Hong Kong stock trading floor set to close

HONG KONG - Hong Kong’s last remaining stock market floor traders are taking their final orders ... follows other global peers like Tokyo, Singapore and London that have eliminated their trading floors In the U.S., floor traders at the New York Stock ... ( read original story ...)

This is how ETFs have performed in Singapore in 2017

Source: Bloomberg The Straits Times Index or STI as widely known by all local Singapore stock market investors have performed remarkably in year 2017 to-date. The oil and gas slump which started in 2015 and China slowdown have come to past. The STI Is ... ( read original story ...)

Singapore Press Holdings Limited (T39) Jumped 1.49% on Oct 21

The stock is a component of the two leading indices in the country, the MSCI Singapore Free Index and the Straits Times Index (STI). The STI monitors the top 30 companies listed on the SGX in terms of market capitalization every quarter. Singapore Press ... ( read original story ...)

End of an Era as Hong Kong Stock Trading Floor to Close

Photo: Kin Cheung HONG KONG — Hong Kong’s last remaining stock market floor traders are taking their final ... follows other global peers like Tokyo, Singapore and London that have eliminated their trading floors In the United States, floor traders ... ( read original story ...)

Singapore online gaming firm Sea raises $884 million in U.S. IPO

(Reuters) - Singapore-based online gaming and e-commerce firm Sea Ltd has raised about $884 million in its U.S IPO after pricing the offering above expectations, the company said on Friday. Supported by strong demand, the shares were sold at $15 each, more ... ( read original story ...)

Singapore’s Sea poised to raise US$850m in IPO

SINGAPORE: Singapore’s Sea Ltd. plans to price shares at $15 in its initial public offering and raise more than $850 million, according to people familiar with the matter. The total amount may be more than $1 billion if an option to sell additional ... ( read original story ...)

Magic Leap Confirms $500 Million Finance Round led by Temasek

Mixed reality hardware startup, Magic Leap has confirmed that it has raised $502 million in a funding round led by Singapore’s sovereign wealth fund Temasek. The firm previously raised more than $1.3 billion from investors including Google, Alibaba and ... ( read original story ...)