Business
UltraGreen.ai shares jump 10% from IPO price on SGX mainboard trading debut
Shares of UltraGreen.ai surged 10 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company debuted on the…
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Trading
Business
UltraGreen.ai shares up 7.6% at midday on SGX trading debut in largest non-Reit IPO since 2017
After hitting a high of US$1.62 in the morning, it eases to S$1.56 by midday; offer was 13.6 times subscribed UltraGreen.ai surged 12 per…
Business
UltraGreen.ai closes up 4.8% on SGX trading debut in largest non-Reit IPO since 2017
It ends the day US$0.07 higher at US$1.52 after hitting a high of US$1.62 in the morning UltraGreen.ai surged 12 per cent on Wednesday…
Business
Silver hits fresh record after trading outage, supply tightness
Its most recent surge has been supported by renewed concerns of tightness in the global market Silver jumped to a record, reinforcing a…
Business
CME trading halted due to cooling issue at data centres
Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres. “Support is…
Business
System outage halts Bursa Malaysia’s derivatives trading
Trading on Bursa Malaysia’s derivatives market was halted on Friday due to a system outage of the Globex electronic trading platform, the…
Business
MOH orders Cordlife to stop collecting cord blood; company calls for trading halt
Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or…
Business
Singapore stocks rise amid mixed regional trading; STI up 0.6%
Across the broader market, gainers outnumber losers 336 to 238 after 2.1 billion securities worth S$3.2 billion change hands Singapore…
Business
Ubisoft finalises Tencent accord as it resumes trading
After a week away from the markets’ glare when the postponement of its results triggered speculation in the gaming world, French video…
Business
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division HSBC Holdings…
Business
STI ends flat on Wednesday amid mixed regional trading
Best performer is Yangzijiang Shipbuilding, while the biggest loser is Genting Singapore Singapore stocks ended flat on Wednesday (Nov…
Business
Yangzijiang Maritime hits S$0.71 in active trading debut; ahead of issue price of S$0.60
Shares of Yangzijiang (YZJ) Maritime on Tuesday (Nov 18) morning reached S$0.71 with its debut on the mainboard of the Singapore Exchange.…
Business
Singapore stocks close lower amid mixed regional trading; STI down 0.1%
Singapore stocks ended lower on Monday (Nov 17), as markets across the region ended mixed. The benchmark Straits Times Index (STI) lost…
Business
MAS imposes S$137,000 fine on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years The Monetary…
Business
MAS imposes S$137,000 penalty on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years The Monetary…
News
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
The oil trading business of Russia’s Lukoil PJSC began shedding staff all over the world – with just days to go until sanctions on the…
Business
Straits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for S$40.5m
Mainboard-listed Straits Trading announced a partnership with Cromwell Property Group on Tuesday (Nov 11) to grow its Australian…
Business
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics The longest US government…
Business
SGX to launch ‘next-gen’ trading engine in second half of 2027
SGX Regulation is seeking public feedback on rule amendments and new functions of the engine from Thursday to Dec 31 With investor…
Business
Japan’s trading houses brace for more pain from China steel glut
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six…
Business
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records Hong Kong’s stock exchange reported another record…
Business
DOJ probes trading in herbal medicine firm that surged 46,000%
The US Department of Justice (DOJ) is probing market volatility at a Hong-Kong based traditional Chinese medicine company after a stock…
Business
Singapore shares fall amid mixed regional trading; STI down 0.2%
Singapore stocks ended lower on Friday (Oct 31), as the regional market closed mixed. The benchmark Straits Times Index (STI) lost 0.2 per…
Business
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to…