Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the potential deal isn’t ...
Singapore’s EDBI and SEEDS Capital merge to form new government investment entity, SG Growth Capital
Beyond bringing more collaboration opportunities between local and foreign companies, SG Growth Capital will look to develop deeper expertise in startup financing, venture building, and deep tech ...
Payments, Crypto Sectors Dominate Singapore Fintech Deals Amid Declining Investments
The first half of 2024 showed notable resilience in Singapore's fintech market, with deal activity increasing by 19 percent.
Ola Electric IPO subscribed 115% on Day 3 so far. Check GMP and other key details
The initial public offering (IPO) of Ola Electric has been subscribed 1.15 times as of the third day of the bidding process. The issue was fully subscribed by the end of day 2.The issue attracted bids ...
Ola IPO waits to cross the line ; FirstCry’s anchor book sets off
Ola Electric Mobility’s initial public offering (IPO) of Rs 6,146-crore — the largest in two years — closes on Tuesday. Amid a selloff in the global market, subscription for the maiden share sale by ...
Is Singapore’s housing model a realistic solution for Canada’s affordability woes?
VANCOUVER - Urban planner Louisa-May Khoo says she got a sense of deja-vu when British Columbia Premier David Eby announced the BC Builds housing ... ( read original story ...)
Citi hires DBS’ Yeo Wenxian as head of wealth for South Asia
SINGAPORE – Citi Wealth on Aug 6 announced the appointment of Ms Yeo Wenxian as its new head of wealth for South Asia, commencing on Nov 1. The Singaporean executive is also set to be Citibank ...
WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre-Formula 1 Party
Closing out the world's largest Web3 conference, TOKEN2049, the party will be hosted on the SkyPark Observation Deck of Singapore's iconic Marina Bay Sands, delivering a night of sensory indulgence ...
Singapore stocks rose on Tuesday—STI climbed by 0.8%
Singapore stocks rose on Tuesday, August 6, rebounding from a global market slump where all three major Wall Street indices declined. The Straits Times Index (STI) climbed 0.8%, gaining 24.79 points ...
Singapore Fintech Deal Activity Rises Amid Declining Investments; Cryptocurrency, Blockchain, and Payments Lead Funding
Singapore’s fintech deal count rose by 19 percent to 117 deals in H1’24, but total deal volume fell 34 percent to US$522.89 million in H1’24 amid economic uncertainties. Investment in cryptocurrency ...
PAG-Backed Nuvama Targets Indian Wealth in Dubai, Singapore
The private-banking arm of Nuvama Wealth Management Ltd. has begun operating in Dubai and expects to begin business in Singapore in the next quarter, looking to tap the wealth of the Indian diaspora ...
Markets bid to recover from brutal sell-off but fears linger; Singapore share index down 0.7%
SINGAPORE - Margin calls pushed the Singapore market further south on Aug 6 even as other Asian ... “Now is the best time to pick up the favourite stock you’ve been eyeing for a while, at a valuation ...
$8.5 trillion wiped out from global stock markets but are recession fears premature?
The pillars that had underpinned financial-market gains for years have been shaken. Read more at straitstimes.com.
FirstCry IPO: Issue subscribed 2% on Day 1, employees buy 44% of allocated portion
Marquee institutional investors including Government of Singapore, Monetary Authority of Singapore ... aims to raise Rs 4,193.73 crore through an initial share sale. The IPO is a combination of fresh ...
Revolut Introduces Business Banking Platform to Singapore Market
Revolut has introduced its business-to-business platform, Revolut Business, in Singapore, marking its first venture into the Asian market.
No reason to panic despite sharp market sell-off: OCBC, StashAway
Markets in Asia Pacific saw broad-based selling with Japanese equities experiencing the sharpest sell-off in the region, with the Nikkei 225 index down more than 12% partly because of the yen’s sharp ...