While Bitcoin was created as a decentralised, digital currency focusing on being a store of value and a medium of exchange by solving the quintessential double spending issue, Ethereum was created to take full advantage of the blockchain and empower people to build and run applications on it via smart contracts. The Rise of Ethereum … Read more
The Singapore stock market has its fair share of doubters, especially since the STI‘s overall returns in the past 5 years is pretty underwhelming. In comparison, the S&P 500 has returned investors more than 100% over the past 5 years: While this feels true in comparison to the more volatile US markets, it doesn’t mean … Read more
In an effort to revitalise our local capital market, SGX announced new rules that would enable Special Purpose Acquisition Companies (SPACs) to list on its mainboard, which became effective on 3 September 2021. To start the year, two SPACs, Vertex Technology Acquisition Corp (VTAC) (backed by Temasek) and Pegasus Asia, released their preliminary prospectus for … Read more
Stock screeners with useful financial data can be expensive, but did you know that SGX has a free stock screener that you can use to generate stock ideas? And its UI looks downright amazing (btw, it’s no longer called StockFacts… we just call it SGX Stock Screener). As a new investor, part of what you should be … Read more
E-commerce saw significant growth in 2020 because of global movement restrictions, as consumers were forced to reduce physical retail time. This trend continued in 2021, as people became more comfortable buying products online. Companies took the opportunity to maintain the trend through technological improvements and increased advertisement spending through avenues such as social media. Big … Read more