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Tag: stock market

Posted on 27/11/2024

Singapore Shares: Support Expected At 3,700 Points

The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The ...

Posted on 27/11/2024

Singapore Trader Pleads Not Guilty to $1.1 Billion Fraud

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.Prosecutors ...

Posted on 27/11/2024

Trial opens in S$1.5 billion nickel investment fraud case against Envy Global’s ex-director

The prosecution accused Ng Yu Zhi's defence team of time-wasting after his lawyers made an "eleventh hour" application to the court.

Posted on 27/11/2024

Singapore-listed Dow ETF offers local investors a gateway to US stocks, say panellists

Wong: It’s the same. So if you buy anything that is listed in the US, be it an ETF or a stock, whenever it pays dividends, an investor in Singapore will get hit by a 30 per cent withholding tax.

Posted on 26/11/2024

Singapore’s First APAC Fund to invest $1.36bn in Dubai’s AMIS Development

The partnership follows the success of AMIS Development’s Woodland Residences project, a $115.7 million luxury development in District 11, Meydan. Singapore’s First APAC Fund to invest $1.36bn in ...

Posted on 26/11/2024

Singapore’s First APAC Fund to invest $1.36bln in Dubai’s AMIS

The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments ...

Posted on 26/11/2024

Singapore’s First APAC Fund to invest up to AED 5bln in Dubai’s AMIS Development

The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments ...

Posted on 26/11/2024

Singapore sets new hotel licensing guidelines for 2025

Singapore's Hotels Licensing Regulations 2024, effective January 2025, seeks to modernise hotel operations, streamline licensing, and introduce stricter requirements for operators.

Posted on 26/11/2024

Brokers’ take: Macquarie initiates coverage on S-Reits, favours those with industrial exposure

MACQUARIE Research started coverage on Singapore real estate investment trusts (S-Reits), with an “outperform” rating on nine out of the 11 it listed. Read more at The Business Times.

Posted on 26/11/2024

YouTrip to Raise Series C Ahead of Planned IPO, Listing Still ‘A Few Years’ Away

Caecilia Chu, who recently toured the New York Stock Exchange, is actively preparing YouTrip for an Initial Public Offering (IPO).

Posted on 26/11/2024

MAS: Banking sector’s overall exposure to India’s Adani Group is small

The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore ...

Posted on 26/11/2024

Singapore’s YouTrip CEO unveils route to IPO for FX digital wallet

The chief executive officer of Singapore-based foreign exchange digital wallet YouTrip was given a private tour of the venue, with bourse executives and market makers like Citadel Securities pitching ...

Posted on 26/11/2024

Singapore’s Central Bank Could Ease in January

Singapore’s softer-than-expected core inflation reading for October prompted Barclays to lower its inflation forecasts and shift its base case for MAS easing to begin in January instead of April.

Posted on 26/11/2024

Green listings are the way to go for Singapore’s capital markets

The region faces a funding crunch and S'pore can help plug the gap by becoming a hub for green listings. Read more at straitstimes.com.

Posted on 25/11/2024

Singapore investment sales surge in Q3 2024, fueled by ION Orchard deal and industrial boom

SINGAPORE: Investment sales in Singapore saw a strong uptick in the third quarter of 2024, rising by 22.7% compared to the previous quarter and 25.4% year-on-year, reaching a total of $8.05 billion, ...

Posted on 24/11/2024

COP29 ends with deal on climate finance after bitter fight

Under a compromise, rich nations eventually agreed to commit US$50 billion more than called for in a draft agreement on Friday.

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