Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO, 25 times the $605 million portion reserved for such ...
U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving
Four very small Asian issuers listed in the US this past week. The offerings raised just $26 million combined. The week's big news came from the pipeline, with China-based a ...
HSBC to primarily cut senior roles in overhaul of management structure: report
According to group chief executive Georges Elhedery, HSBC's restructuring plan will target senior roles as opposed to a company-wide cut. This shift aims to simplify the organization and remove ...
Republic Power Group Withdraws IPO Filing
Singapore's Republic Power Group withdrew its filing for an initial public offering, more than two years after disclosing its plans to go public. The information-technology-services company filed ...
Singapore, Canada Funds Mull Backing $1.8 Billion Asset Shuffle
Canada’s largest pension fund and Singapore’s GIC Pte are in advanced talks to back PSG Equity’s plan to transfer $1.8 billion of company stakes into a new vehicle designed specifically for this type ...
Briefs: MAS appoints ex-MD Ravi Menon as chairman of new fintech group; Hongkong Land unveils new strategy
In other news, FHT says the risk of the potential loss of its MIT status has always been present and that the loss of status was beyond its control. ( read original story ...)
First REIT’s net property income drops 6.0% YoY in 9M 2024
First REIT's net property and other income fell 6.0% YoY to $74.4m in 9M 2024. The REIT linked the decline to the depreciation of the Japanese Yen and Indonesian Rupiah against the Singapore Dollar. ( read original story ...)
US crypto exchange Gemini gets okay to operate in Singapore
Singapore’s central bank and financial regulator has given in-principle approval to US crypto exchange Gemini to operate as a major payment institution in the city state.