SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic. There ...
RHB raises its call for UOB from “neutral” to “buy” and increases price target to S$40.20
SINGAPORE: RHB raised its call for United Overseas Bank (UOB) from “neutral” to “buy” and increased its price target for the bank to S$40.20, up from S$35.60. The new target price is 10.3 per cent ...
Singapore Medical Group completes S$90m bond issuance as it positions for a new phase of growth
Singapore Medical Group ("SMG" or "the Group"), a multidisciplinary specialist healthcare services provider, has completed a S$90 million, 5-year senior unsecured bond issuance at a 3.54% fixed rate ...
Asia crypto hot spots reap gains from record Trump trade rally
SINGAPORE - A record-breaking crypto rally born in the United States is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion (S$1.3 billion) and ...
Singapore stocks fall amid mixed regional showing; STI drops 0.4%
SINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited chipmaker Nvidia’s earnings report and grappled with concerns over escalating geopolitical tensions after Ukraine fired its ...
Singapore startups get access to the Nordics with EnterpriseSG’s new Global Innovation Alliance node in Sweden
SINGAPORE technology startups looking to form innovation partnerships with Swedish corporates can now tap Enterprise Singapore’s (EnterpriseSG) new Global Innovation Alliance (GIA) node in Stockholm, ...
Fuelled by China’s promise: Golden opportunity for Hong Kong SDR investing
As investors explore opportunities in the Hong Kong market, two prominent companies consistently stand out: Alibaba and Tencent ...
GXS Bank on track to launch business banking solutions in 1Q2025
Currently in the pilot stage with selected customers, GXS Bank is on track to launch its business banking solutions in the first quarter of 2025 in Singapore, before a progressive rollout in Malaysia ...
OCBC maintains ‘buy’ on Keppel Infrastructure Trust; fair value estimate unchanged
This comes following KIT’s proposed acquisition of a 50% equity interest in Keppel Marina East Desalination Plant.
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
MARINA Bay Sands (MBS) is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the integrated resort looks to fund its planned expansion in the country.
UOB Reports Record Profit in Q3 2024
United Overseas Bank (Singapore) ( (UOVEF) ) has released its Q3 earnings. Here is a breakdown of the information United Overseas Bank ...
RM16,000 fine for woman caught smuggling Labubu dolls, luxury bags into Singapore from London
It is understood the goods, which included luxury bags, accessories, and Popmart toys such as the popular Labubu dolls, were purchased during her business trip to London. Under Si ...
Singapore Dollar Consolidates, May Be Weighed by Geopolitical Tensions
Singapore dollar consolidated against its U.S. counterpart in the Asian session, but may be weighed by rising geopolitical tensions.
Atome Financial secures another US$200 mil syndicated credit facility from HSBC
The fintech group had secured a US$100 million facility from HSBC in 2022 to expand its payments business across Asia.
Best Bank Offers in Singapore (Nov 2024): 2.5 Million Miles Giveaway, up to 50% Off Flights, and More
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...
Asia crypto hotspots gain from US$800 bil rally led by US
A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion ($1.34 billion).