Standard Chartered has hired another senior banker into its expanding non-resident Indian (NRI) team in Singapore. Mo Choudhury has left EFG after just 10 months to join Standard Chartered as Standard Chartered has hired another senior banker into its ... ( read original story ...)
Standard Chartered gets personalised for investment ideas in Asia
It is now live in Singapore and the bank says it plans to introduce it in other Asian markets. No details or timelines about such intentions yet. Karen Fawcett, CEO of retail banking and group head of brand and marketing, Standard Chartered, says ... ( read original story ...)
Singapore Stock Market Has Positive Lead
The Singapore stock market has finished higher in consecutive trading days, collecting almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the 3,320-point plateau and it's looking at another green light on Monday. ( read original story ...)
Singapore Airlines to offer DBS/POSB Cardmembers with irresistible fares to New Zealand from S$600 all-in return!
Calling all existing DBS/POSB card members! If you think New Zealand is way out of your budget, here’s one reason to rejoice! In partnership with DBS/POSB Cards and Singapore Airlines, tickets to Wellington from Singapore is now only going for $600 all ... ( read original story ...)
U.S. exchanges set for highest number of Asian IPOs since 2010
HONG KONG (Reuters) - U.S. exchanges are set to record their busiest year for IPOs from Asian firms since 2010 and may sustain the pace in 2018, as startups from Taiwan, Singapore, Indonesia and Vietnam join a flurry of Chinese firms that have already ... ( read original story ...)
Vincom set to raise up to $680m in record Vietnam IPO
The price range would mean that Warburg Pincus’s 4.8tn dong ($211m) investment will more than double in value after the IPO, with the group expected to reduce its ownership from 15.2 per cent to 4.89 per cent. Credit Suisse’s Singapore branch is set to ... ( read original story ...)
U.S. IPO Week Ahead: 6 IPOs Set To Price Including The 2 Largest Deals Of 2H’17
Six IPOs are set to price next week, expecting to raise a combined $1.8 billion. Three Asian deals lead the way, notably, Chinese small loans provider Qudian (Pending:QD) plans to raise $769 million, and Singapore-based online gaming and shopping platform ... ( read original story ...)
Mutual funds stock up on IPOs, large caps
Thanks to the advantage of capturing an early growth through IPOs, fund managers are making sure of their ... is likely to benefit from rebound in the Singapore refining margins—a benchmark regional refining margin—in the September quarter and stable ... ( read original story ...)
IPOs on Indonesia Stock Exchange: Malacca Trust Wuwungan lnsurance
The company, subsidiary of Singapore-based Malacca Trust Limited and linked to the family of former president Bacharuddin Jusuf Habibie, is one of the oldest insurance companies in Indonesia (established in 1952). Through its initial public offering (IPO ... ( read original story ...)
Singapore snaps up 10% of Glenveagh as housebuilder floats
The shares were sold in the IPO at a price of €1 each. Singapore’s GIC currently owns 10.2 per cent of Glenveagh, though this will fall to 9.4 per cent, subject to the additional shares being placed, according to a final prospectus on the deal ... ( read original story ...)
Saudis Weigh Delaying International Part of Aramco IPO
That would eclipse the $25 billion raised by Alibaba Group Holding Ltd. in 2014. London and New York exchanges are vying for a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)
Aramco IPO may be delayed
That would eclipse the US$25bil raised by Alibaba Group Holding Ltd in 2014. London and New York exchanges are vying for a role in the Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)
Inda’s foreign reserves enough to cushion vulnerabilities: DBS
India’s foreign reserves, which touched a record $402.5 billion in September, are high enough to cushion the country against external vulnerabilities, the Development Bank of Singapore (DBS) said today. The import cover (on total reserves minus gold ... ( read original story ...)
India’s foreign reserves enough to cushion vulnerabilities: DBS
the Development Bank of Singapore (DBS) said today. The import cover (on total reserves minus gold) is better than what is seen during the 2013 taper tantrum, said DBS in its report on Indian economy. Taper tantrum is the term used to refer to the 2013 ... ( read original story ...)
Wish Finance Launches Blockchain and Artificial Intelligence Based Lending Platform for SMEs
SINGAPORE, SINGAPORE / ACCESSWIRE / October 11, 2017 / Wish Finance is an innovative cutting-edge technology start-up that aims to offer new alternatives to the traditional lending industry. The project extends the lending market from the popular P2P to ... ( read original story ...)
Marvelstone Group to Kickstart World’s Largest AI Hub in Singapore
Marvelstone Group, the private investment firm behind Singapore-based fintech hub LATTICE80 ... help them to commercialise products and identify market fit. Here at Fintech Finance, we work with renowned executives in the industry to provide key decision ... ( read original story ...)