The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...
Hillhouse, GIC Are Said in Talks to Invest in Midea’s Hong Kong IPO
Alternative asset manager Hillhouse Investment and Singapore sovereign wealth fund GIC Pte are considering investing in appliance maker Midea Group Co.’s Hong Kong listing, according to people ...
Man who sold wife’s Singpass details gets 18 months’ jail under stiffer sentencing guidelines
The Singpass details were used to create a bank account that funnelled S$397,995 in scam proceeds from a 76-year-old victim.
Singapore’s UOB aims to take control of the US$2 trillion trade finance market in Southeast Asia
We are already the number one trade bank in ASEAN, and I want to invest [our resources] to dominate this region,” UOB's group head said ...
Economists Raise Singapore’s 2024 GDP Growth Forecast to 2.6% From 2.4%, MAS Survey Shows
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Singlife introduces Legacy IUL for affluent market in Singapore
It’s coverage starts from $250,000 for death and terminal illness protection Singlife launched the Singlife Legacy Indexed Universal Life (IUL), a non-participating universal life plan offering ...
As Pope arrives in Singapore, all eyes are on China
SINGAPORE – Pope Francis landed in Singapore Wednesday, marking the final stage of his 12-day odyssey to Asia and Oceania, where he is expected to address various social issues and potentially make ...
Economists Upgrade Singapore 2024 Growth Forecast, Central Bank Survey Shows
The median forecast of 21 economists surveyed by the Monetary Authority of Singapore (MAS) is for the economy to grow 2.6% this year, up from a forecast of 2.4% in surveys done in March and June. They ...
Imminent Interest Rate Cut: Is It Time to Sell Singapore Banks?
With the imminent rate cut, can Singapore banks sustain their dividends? The post Imminent Interest Rate Cut: Is It Time to Sell Singapore Banks? appeared first on The Smart Investor.
DBS in Early Talks for Insurance Collaborations in India, Taiwan
DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships.
Investors increasingly spreading their wealth amid global uncertainties: HSBC
The next generation of business leaders are doing the same for firms’ operations for a sustainable future. Read more at straitstimes.com.
PN Gadgil Jewellers IPO Opens Today: Price Band, GMP, And Key Details Revealed
The company's share price is set within the range of Rs 456-480 per share, and its market capitalisation post-issue is expected to exceed Rs 6,500 crore ...
STI hits 52-week high on strong market sentiment; Singtel gains 3.2%
SINGAPORE - The Straits Times Index (STI) rode a wave of stock market optimism to hit a 52-week intraday high of 3,523.47 points on Sept 10. It also achieved its highest close in 52 weeks, at 3,512.67 ...
Singapore’s CPF urges foreign contributors to withdraw savings after account closure
Board has called on all foreigners who have previously contributed to the social security scheme to transfer out their savings following their accounts being closed automatically in April.
Jail, caning for man who gave Singpass and bank details to ‘Devil’, committed theft and drug offences
Yeh Chia Wei's details were used for the facilitation of scams involving some $2.6 million. Read more at straitstimes.com.
Standard Chartered launches digital asset custody service in the UAE
Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority ...