Singapore Financial News

28.07 / 07:19

UPS Provident FIVE Booking Aviat Enterprise small-cap Financial Singapore-based FII remains steady in this small-cap financial stock

Small-cap stock at ₹50: TruCap Finance shares are one of those small-cap stocks, which is priced around ₹50 apiece levels. This small-cap financial stock is one of those rare stocks that are FII's favourite. Foreign institutional investors like Nomura Singapore and Aviator are long term investors in this small-cap stock which has a market cap of around ₹590 crore.

28.07 / 05:05

Man country Singapore hangs first woman for drug trafficking in 19 years: Report

drug trafficking despite calls for the city-state to cease capital punishment for drug-related crimes. Activists said another execution is set for next week, according to a report published by The Associated Press. The Central Narcotics Bureau said that Saridewi Djamani, 45, had been sentenced to death in 2018 for trafficking nearly 31 grams (1.09 ounces) of diamorphine, or pure heroin.

28.07 / 04:33

COST UPS IPO Provident Booking band hospital NOT Yatharth Hospital IPO closes today: GMP, subscription status, should you apply or not?

₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.

28.07 / 04:33

performer Indian Indian Oil Corporation Q1 results: Net profit seen at ₹10,347 crore upon revenue of ₹1.95 lakh crore

₹10 per liter for petrol and 12.6 per liter for diesel in Q1FY24, primarily led by a decline in Brent prices and the retail fuel prices remaining unchanged during this period. Brent crude prices averaged $78.4/bbl during the quarter, declining 3% QoQ as demand concerns have thus far overshadowed the impact of production cuts. Read all Q1 Results here Meanwhile, Singapore GRM of OMCs declined to $4.0 per barrel from $8.2 per barrel in Q4FY23, with middle distillate cracks declining during the quarter.

28.07 / 01:47

Provident Aware CEO Racing country exclusive Brookfield Warburg Pincus leads race for Brookfield BPO

Warburg Pincus is in advanced negotiations with Canadian investor Brookfield Asset Management Inc. to acquire Everise Holdings, a Delaware-registered outsourcing company, said three people aware of the development. The deal is expected to value Everise at $1.2-1.3 billion, they said.

27.07 / 20:07

UPS Lowe's Waters Highways show dutch A car-carrying cargo ship burning near a Dutch bird habitat stokes environmental worries

A cargo ship packed with cars is still burning close to a world-renowned bird habitat off the coast of the Netherlands

27.07 / 18:53

UPS Provident Target Progressive voice Deal India, Iran set to ink long-term deal on Chabahar port

NEW DELHI : India and Iran are expected to sign a long-term deal for the development of Iran’s Chabahar Port by September before the Global Maritime India Summit 2023 scheduled in New Delhi in October, two people familiar with the matter said. After years of negotiations, Delhi and Tehran are expected to sign a multi-year deal, allowing India to develop the Shahid Beheshti Terminal in the Chabahar port. In 2016, India Ports Global Ltd (IPGL) and Arya Banader of Iran had signed a contract to develop the port.

27.07 / 16:41

IPO Provident Airlines Assurant show performer services Zeal Global Services IPO: Air cargo logistics company ZGSL sets sights on SME IPO

₹5 as of today. The company's fully devoted team, with over 5000 man-hours of GSSA industry expertise, is skilled at identifying critical procurement areas and providing competitive pricing solutions. Zeal Global Services takes pleasure in providing effective support for goods export, assuring a smooth and trouble-free process.

27.07 / 14:45

Digital Waters USDT Action Shell Singapore High Court Declares Cryptocurrency as Property that Can Be Held in Trust

A recent ruling by Judge Philip Jeyaretnam of the High Court of Singapore surprised the crypto community, as the judge declared that digital currencies are not different than fiat money.

27.07 / 14:05

UPS Citi FIVE Booking CEO IHCL clocks revenue of Rs 1466 cr for quarter ended June 30, PAT at Rs 236 cr

Tata Group backed Indian Hotels Company reported revenue from operations of Rs 1466 crore for the quarter ended June, up 16% year on year. The company clocked a profit of Rs 236 crore, up 30.3% year on year.IHCL MD and CEO Puneet Chhatwal said it was a 'historical' quarter one with the highest ever revenue and profit after tax numbers reported by the chain.

27.07 / 12:59

UPS Provident Lowe's Ball performer cover cricket Best Cricket Bat in India for the Emerging Tendulkar in You

To help you pick the right product, we have ensured to add every information about the product you need to know to take a call about the bat. Please note that we have arranged our products in descending order in terms of the price so keep scrolling till the end to find the cheapest bat on the list.

27.07 / 12:09

Blockchain Europe Tokens European Union Digital Asset Securitize issues tokenized assets in Spain, plans September trading start

Digital asset trading platform Securitize has begun tokenizing equity in the Spanish real estate investment trust Mancipi Partners, it announced on June 27. The firm expects to launch secondary trading on the Avalanche blockchain in September.

27.07 / 12:03

Digital performer country Ports expected to overcome headwinds with 4-5% volume growth in FY24: Ind-Ra

New Delhi: Despite challenges posed by economic slowdown in importing markets like the EU and the US, Indian ports are anticipated to achieve mid-single digit volume growth on an aggregate basis in the financial year 2023-24, according to India Ratings and Research (Ind-Ra). The resilience of Indian ports stems from enhanced operational efficiency, the government’s emphasis on developing downstream logistics infrastructure, and stability in freight rates, enabling them to offset potential lower volumes and achieve a 4%-5% year-on-year volume growth in FY24 (with a compound annual growth rate of 3.5% during FY15-FY23).

27.07 / 07:39

COST Lowe's Target Digital MSCI exclusive Fed rate hike Singapore's UOB expects 'some upside' to interest income after Fed rate hike

Singapore'sUnited Overseas Bank is expecting «some upside» in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight.

27.07 / 07:11

UPS Reuters show country Oil heads to 3-1/2 month high as supply tightness in focus

By Katya Golubkova and Muyu Xu

27.07 / 07:09

IPO band hospital Yatharth Hospital IPO: Issue subscribed 1.76 times on day 2 so far; check detail

₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO: Issue subscribed 1.08 times on day 1; check details Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.

27.07 / 05:03

Allianz show Dollar down as Fed's rate-hike cycle seen ending

By Rae Wee

26.07 / 18:25

UPS Lowe's Manufacturing Platform Tesla country Inside Low Tesla eyes Asian mkts with upcoming low-cost model

Elon Musk, is eyeing new opportunities in Asia with its cutting-edge ‘new-gen platform’, which seeks to introduce more budget-friendly compact and sub-compact electric vehicles (EV) that have the potential to drive large volumes across developing Southeast Asian markets. According to Tesla’s Q2 investor deck, it is working on developing its next-generation EV platform across multiple locations. Industry insiders said the new product, which is projected to be priced around $25,000, may debut by 2023-end, although some analysts expect a 2025 launch.

26.07 / 17:37

UPS Lowe's country social moody’s Fewer working Asians will hit growth worldwide: Moody’s

NEW DELHI : Six major Asian economies, China, Hong Kong, Japan, South Korea, Singapore and Taiwan, which comprise one-fifth of the world’s population, will experience rapid decline in their working-age populations that is expected to drop about 10 percentage points by 2050 to 59% of their total populations on average, leading to major impact on global economic growth, Moody’s Investors Services said in a report on Wednesday. The drag on growth and public finances for these economies will be significant, barring gains in productivity, workforce participation or quality of available labour, said the report titled “Aging in key economies will drag on growth and finances, with global credit implications".

26.07 / 15:51

Blockchain coinbase Legal Kraken Centre Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

26.07 / 15:31

Digital committee US congressional committee to vote on several cryptocurrency bills

Futures Trading Commission's (CFTC) oversight of the crypto industry, while clarifying the Securities and Exchange Commission's jurisdiction, as many crypto advocates complain of the agency's perceived overreach. His committee is expected to consider that bill during a markup on Wednesday, while the House Agriculture Committee will consider the same bill on Thursday.

what's happening in Singapore

What is the current situation in Singapore?

In Singapore, the spotlight is on local government initiatives that impact the interests of residents.

Where can I find reliable news about Singapore?

We publish reliable reports about the situation in Singapore, based on information from trusted sources.

What shapes the media agenda in Singapore?

The news landscape of Singapore is shaped by the region’s internal dynamics, reflecting its unique context.