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Category: FINANCE

Posted on 30/08/2024

Hopes for revival of Brazil’s IPO market evaporate

"There is no climate for an IPO in Brazil right now," said Matheus Kuhn, chief financial officer of Kallas Incorporacoes e Construcoes, which for years has had on-again, off-again plans to sell ...

Posted on 30/08/2024

If You Bought 1 Share of Amazon at Its IPO, Here’s How Many Shares You Would Own Now

Although shares stumbled a bit during the dot-com meltdown following its 1997 initial public offering (IPO), they're now up more than 220,000% from their IPO price. But how many shares would you ...

Posted on 30/08/2024

Tokyo Metro headed for IPO as soon as October

The IPO could value Tokyo Metro at 640 billion yen to 700 billion yen ($4.37 billion to $4.78 billion). Tokyo Metro declined to comment on the matter.

Posted on 30/08/2024

Chinese self-driving startup WeRide delays U.S. IPO

NEW YORK - Self-driving startup WeRide postponed its plans for an initial public offering on the Nasdaq, which could have been the largest debut for a Chinese company in over three years, citing ...

Posted on 30/08/2024

Analysts say Singapore dollar could weaken if US economy can avoid recession in the months ahead

SINGAPORE: The Singapore dollar, which recently hit a decade-high against the US dollar, could weaken in the months ahead if the US economy avoids a recession, according to analysts. The Singapore ...

Posted on 30/08/2024

Feedback wanted on proposed Bill to temporarily restrict bank transactions of scam victims

In the first half of 2024, 86% of reported scams were the result of voluntary money transfers. Read more at straitstimes.com.

Posted on 30/08/2024

“Indian Women Have Unbelievable Amount Of Gold, Silver”: Investor Jim Rogers

When asked about investing in gold and silver, Jim Rogers called himself an "old peasant" and said precious metals help during difficult times.

Posted on 30/08/2024

Reits with data centres and hospitals among upcoming IPOs: SGX

Since Singapore’s maiden Reit listing in 2002, SGX has had more than 50 Reit and property trust IPOs. Following delistings and consolidations, the industry now has 39 actively traded trusts listed on ...

Posted on 30/08/2024

Tata Group’s Media Unit IPO Plans Shelved Following Minority Stake Acquisition: Report

The Tata Group has reportedly put on hold its plans for an IPO of its entertainment content distribution platform, Tata Play Ltd., following the acquisition of minority investors. What Happened: The ...

Posted on 30/08/2024

Trust Bank set to be Singapore’s 4th largest retail bank by end-2024

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 30/08/2024

SEEDS Capital seeks partners for co-investment in Singapore deep tech

Enterprise Singapore’s investment arm, SEEDS Capital, seeks new partners to co-invest in deep tech startups based in Singapore.

Posted on 30/08/2024

Singapore Airlines cleared for FDI in Vistara-Air India deal, major merger on track

With the Indian government’s green light for Singapore Airlines’ investment, the proposed merger with Air India is now on track to complete by the end of 2024 ...

Posted on 30/08/2024

Singapore Airlines Stock Is A Sell

Singapore Airlines faces pressure from lower unit revenues and higher fuel costs. Read why investors should avoid the stock, for now.

Posted on 30/08/2024

DBS consumer banking head Jeremy Soo to succeed UOB’s Susan Hwee as Nets chairman

SINGAPORE - Network for Electronic Transers (Nets) has appointed Jeremy Soo, DBS’ head of consumer banking and managing director, as its chairman, effective Sept 1. Read more at straitstimes.com.

Posted on 30/08/2024

Decks cleared for Air India-Vistara merger, centre clears $276 million investment by Singapore Airlines

India has given the green light to a $276 million investment by Singapore Airlines Ltd. into the newly merged Air India and Vistara, clearing the final hurdle for the deal.

Posted on 30/08/2024

Singapore shares open higher on Friday; STI up 0.4%

SINGAPORE shares rose on Friday (Aug 30) morning, after US indices were mixed and Europe’s main stock index closed higher overnight. Read more at The Business Times.

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