Culture
MAS proposes more measures for investors to seek civil compensation from market misconduct
Proposals aim to facilitate self-organisation, provide access to funding and reduce legal barriers to civil action[SINGAPORE] The Monetary Authority of Singapore (MAS) is looking to enhance investors’ ability to...
Singapore shares rise ahead of US-China meeting; STI up 0.1%
Across the broader market, gainers beat decliners 369 to 166, as 1.6 billion securities worth S$1.4 billion change hands[SINGAPORE] US President Donald Trump’s upcoming meeting with Chinese President Xi...
Intel shares jump as investments, cost cuts catapult turnaround efforts
INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive cost-cutting measures that helped the chipmaker surpass...
Tesla offers S$5,000 incentive to drive EV adoption in Singapore, launches two new Supercharging stations
The new sites, with four Superchargers each, are at Resorts World Sentosa and Changi City Point[SINGAPORE] Tesla has announced new commercial initiatives in Singapore to encourage the adoption of...
JPMorgan to allow Bitcoin and Ether as collateral in crypto push
JPMORGAN Chase & Co plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year, in a...
UBS reshuffles leadership as Credit Suisse integration nears end
Lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent a similar crisis[ZURICH] UBS Group AG...
HSBC launches ‘entrepreneurial wealth proposition’ in Singapore
A recent report by the lender names the Republic as entrepreneurs’ top destination for wealth and relocation[SINGAPORE] HSBC on Friday (Oct 24) announced the launch of an “enhanced entrepreneurial...
Wee Hur shares up 3.4% after property arm named top bidder of Upper Thomson condo site
[SINGAPORE] Shares of Wee Hur jumped 3.4 per cent around midday on Friday (Oct 24) following the news of the group’s property arm and its controlling shareholder GSC Holdings...
Hao Mart sues PropNex unit, agent for more than S$3.5 million over Taste Orchard lease
Defendants say they represent landlord OG, and owe no obligation to the claimant to act in its best interests[SINGAPORE] Supermarket chain Hao Mart has filed a lawsuit against a...
China deepens push for tech self-reliance ahead of US talks
[BEIJING] China vowed to enhance technological self-reliance and grow the domestic market in the next five years, as it looks to both insulate the economy from foreign pressures and...
RHB lifts Frasers Centrepoint Trust target price by 10.2% on improved H2 earnings, asset enhancements
[SINGAPORE] RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside tailwinds from asset enhancements and falling interest rates....
