Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, driven by strong investor interest in India’s burgeoning quick-commerce ...
Niva Bupa headed for flat to negative listing? Here’s what grey market premium indicates
The IPO received a decent subscription of 1.9 times ... Under the OFS, Fettle Tone LLP sold shares to the tune of ₹1,050 crore and Bupa Singapore Holdings Pte Ltd offloaded shares valued ₹350 crore.
Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator
The UK government plans to leave scrutiny of Shein’s pursuit of a stock listing in London to the country’s financial regulator, sparing the Chinese fast-fashion retailer the sort of in-depth review of ...
Singapore artwork paying homage to days past wins 2024 UOB Southeast Asian Painting of the Year Award
In recognition of the Bank's long-term commitment to art, UOB was presented with the Singapore National Arts Council's Distinguished Patron of the Arts Award for the 18 th consecutive year in 2022.
Inside The Wild Money Machine Fueling Crypto’s Stupidest Bubble
Most in traditional finance have long considered cryptocurrency a joke. Now legions of young meme coin traders are leaning into the absurdity, translating their financial nihilism into a booming—if ...
South Korean Youtuber Arrested for Allegedly Masterminding $213 Million Crypto Fraud
A South Korean YouTuber and his network allegedly defrauded 15,000 investors out of 300 billion won. The group impersonated government agencies, manipulated markets, and preyed ...
SingTel sees improved full-year growth as half-year profit rises
Singapore Telecommunications posted a 6% rise in underlying net profit for the half-year and gave improved guidance for the full year on Wednesday, underpinned by strength at its Australia unit Optus ...
Singapore seeks to raise issuance of govt securities to $1.5 trillion to grow CPF, local debt market
The increase has no impact on the Government’s fiscal or net financial positions. Read more at straitstimes.com.
Daily Cuts – Need for better control of Singapore’s deepfake situation
Singapore Today's Lance Alexander and Daniel Martin speak with Kevin Chen, Associate Research Fellow with the U.S Programme, Institute of Defence and Strategic Studies, RSIS, about the key points from ...
OCBC has enough capital for M&A, business growth: CEO Helen Wong
OCBC’s wealth revenue includes income from its private bank – Bank of Singapore – as well as lower-rung consumer, insurance and brokerage units. OCBC continues to be on the lookout for deals, with ...
10 Best Savings Accounts in Singapore with the Highest Interest Rates (Nov 2024)
Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...
How South Korean police cracked $230M crypto fraud targeting elderly investors
The scam was led by a YouTuber, Mr. A, who promoted false crypto investments to his 620,000 followers ... Mr. A evaded initial police efforts by leaving South Korea through Hong Kong and Singapore ...
Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%
Thai Beverage was the STI’s top gainer, rising 2 per cent to 52 cents, while Frasers Logistics and Commercial Trust was at the bottom of the table, shedding 3 per cent to 97 cents. The counter began ...
Exclusive: Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating company and will earmark roughly 20% of output for the plant's ...
87% of financial controllers in Singapore expect their role to change drastically by 2030: EY
In Singapore, 87% of financial controllers expect their role to change drastically by 2030, with 50% expecting a heightened focus on value creation, the 2024 EY DNA of the Financial Controller report ...
Singapore pledges up to US$500 million to finance climate action in Asia
With climate finance weighing heavily at the UN COP29 in Azerbaijan, Singapore announced that it will commit up to US$500 million to a national initiative to channel financing to decarbonise Asia.