Culture
Singapore stocks rise as markets cheer US-China trade truce; STI up 0.2%
Across the broader market, losers outnumber gainers 313 to 292, after 1.8 billion securities worth S$1.8 billion change hands[SINGAPORE] Local stocks ended higher on Tuesday (Oct 28), tracking a...
Marina Bay Sands fined S$315,000 for 2023 data breach
IMDA notes the failure to take reasonable security measures during a software migration exercise, among other faults[SINGAPORE] The Personal Data Protection Commission (PDPC) has fined Marina Bay Sands (MBS)...
Only 18% of investors rate SGX listcos’ disclosures as ‘very transparent’ despite quarterly engagements: study
Research by Stewardship Asia Centre also highlights a disconnect between investors and corporates on key priorities [SINGAPORE] Transparency has emerged as a key concern among investors of companies listed...
Singapore’s Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
[MUMBAI] Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on private credit and real estate, senior...
HSBC is bullish on 2025 despite hit from Madoff provision
[LONDON] HSBC Holdings raised its profitability outlook for 2025 even as earnings slid following an unexpected US$1.1 billion provision tied to Bernard Madoff’s giant fraud case more than a...
Indonesia to allow central government to lend to local authorities and state companies
[JAKARTA] Indonesia has drawn up new rules that will allow the central government to lend to local authorities and state-owned enterprises in order to support the country’s development projects.According...
Asia: Markets cool as Trump begins Japan visit
The buoyant mood has been defying tumultuous trade tensions between Beijing and Washington[HONG KONG] Asian markets opened slightly cooler on Tuesday (Oct 28) as traders kept an eye on...
Singapore court orders Ron Sim’s LAC to return GNC stores, pay US$18.9 million in franchise dispute
The court finds that LAC had wrongfully terminated its agreement after ‘secretly’ preparing to rebrand all of the US health supplement retailer’s 54 stores in Singapore[SINGAPORE] The Singapore International...
Singapore, Australia enters partnership to strengthen energy cooperation
It provides a framework for both energy regulators to promote cooperation and sharing of regulatory practices on gas and electricity markets[SINGAPORE] The Republic’s Energy Market Authority, as well as...
Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28): Cordlife : The cord blood bank said on Monday it had...
