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Singapore economy
Singapore Exchange hopes to list SPACs as early as this year
Singapore Exchange could list blank-check companies this year if it gets enough support from the industry.
February 19, 2021
Cryptocurrency
Bitcoin extends its rally to an all-time high close to US$50,000
Bitcoin reached another record, coming ever closer to US$50,000, as the largest cryptocurrency extends its breathtaking rally.
February 17, 2021
Budget 2021
Winners and losers from Singapore’s Budget 2021
Straits Times Index, among Asia’s worst performing gauges last year, closed near the day’s low on Feb 16.
February 17, 2021
Broker's Calls
Banks, property stocks could be losers from Singapore’s Budget
Feb 16’s budget is set to focus on the pandemic-hit travel sector or firms with mandates in line with green or digital initiatives
February 15, 2021
Company in the news
Temasek's new chief is upbeat on long-term Chinese investments
Temasek was also an early investor in fintech giant Ant, whose record initial public offering was scrapped by regulators.
February 10, 2021
Cryptocurrency
Crypto comes to S&P 500 via Tesla’s US$1.5 bil Bitcoin bet
Tesla is one of the S&P 500’s biggest members with a weighting of almost 2%.
February 09, 2021
Singapore economy
RHB expects Singapore's PMI to moderate in 1Q21; sees potential disruption in the semicon industry
The team at RHB have also maintained its GDP forecast for 2021 at 5.5% y-o-y from 2020’s -6.0% y-o-y.
February 04, 2021
Company in the news
Google co-founder Brin’s family office to open in Singapore
Sergey Brin is the world’s ninth richest person, with a net worth of US$86.5 billion.
February 04, 2021
Property
Singapore property firms face setback as workers stay at home
Prime grade office rents in the Raffles Place and Marina Bay precincts shrank about 10% in 2020.
February 03, 2021
Company in the news
Sequoia, GIC invest in TPG’s Novotech at US$2.3 bil valuation
The Sydney-based firm has increased revenues by more than 30% a year under TPG’s ownership since 2017.
February 02, 2021