The southeast Asian “superapp” company’s stock lost more than a third of its value at one point, falling to a low of $8.13 after opening at $13.06. ( read original story ...)
Grab Rings the Nasdaq Stock Market Opening Bell from Singapore
To celebrate its public markets listing day, Grab (Nasdaq: GRAB), a leading superapp in Southeast Asia providing everyday services such as mobility, deliveries and digital financial services, rings ... ( read original story ...)
Singapore’s Grab soars 18.6 per cent on Nasdaq debut following SPAC merger
With its debut on the Nasdaq on Thursday, Grab Holdings becomes the biggest listing by a Southeast Asian technology company and the largest transaction by a SPAC to date. ( read original story ...)
PropertyGuru Finance Dishes Out Brutally Honest Advice to Singaporeans
PropertyGuru, Singapore’s No.1 property marketplace with 75% market share**, today revealed that its mortgage marketplace, PropertyGuru Finance, is behind the mysterious “#SmartHonestAdvice” movement ... ( read original story ...)
Union Bank named preferred bidder for Citibank’s Philippine assets
Union Bank of the Philippines has been named as preferred bidder by Citibank for the latter’s consumer banking division in the Philippines, Bloomberg News cited insiders in a December 1 report. The ne ... ( read original story ...)
Singapore’s first wave SPACs to move ahead with filing plan: Sources
Three firms are working with advisers on the prospectuses, which could pave the way for their respective listings as soon as the end of this year.. Read more at straitstimes.com. ( read original story ...)
Banking woes dampen Singapore MSMEs overseas ambitions
Only 2 in 10 Singapore micro-multinationals think banks offer value for money. Complexities in international banking are named as a top challenge for micro, small, and medium businesses (MSMBs) in ... ( read original story ...)
DBS revises India’s FY2023 growth forecast by 100 bps to 7%
The Singapore-based Bank’s economic research team observed that the 7 per cent y-o-y growth rate in FY23 will be amongst the fastest in its Asia-10 universe ... ( read original story ...)
Star Health IPO sees 22% bids so far on Day 3; will it sail through?
The issue was subscribed just 22 per cent as of 10.39 am, data on BSE showed, raising doubts that the issue may fail. Investors applied for 98,96,560 shares against 4,49,08,947 shares on offer. Retail ... ( read original story ...)
Star Health IPO struggles to get subscribed
Star Health and Allied Insurance Company's IPO is struggling to garner bids for its Rs 7,250-crore, the eight biggest in the domestic market. The offering was subscribed 20 per cent on Wednesday, a ... ( read original story ...)
Star Health IPO subscribed 20% on Day 2
On the other hand, the recent initial public offering of Policybazaar was subscribed two times on the second day, Nykaa got subscribed 4.82 times, and that of ICICI Lombard in 2017, a listed peer of ... ( read original story ...)
Standard Chartered tackles carbon emissions through captivating spot via TBWASingapore
Standard Chartered has launched a new film via TBWASingapore that boldly demonstrats the impact of carbon, while highlighting the bank's commitment to tackling carbon emissions and helping clients ... ( read original story ...)
Standard Chartered’s unique ad campaign on sustainability
While the conversations around sustainability and carbon transition have been re-energised in recent months, Asheen Naidu, global creative director at TBWASingapore said the depiction of ... ( read original story ...)
Wealth Academy Launched by Standard Chartered and INSEAD, a Leading Graduate Business School
Standard Chartered (LON: STAN) and INSEAD, one of the largest graduate business schools, have announced the launch of the Standard Chartered-INSEAD Wealth Academy, with a multi-year client engagement ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open lower today; SGX Nifty futures drop 100 points
Indian equity benchmarks Sensex and Nifty50 are likely to start Thursday's session on a negative note. At 7:36 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- ... ( read original story ...)
Stock Market Today: SGX Nifty sheds 120 pts; Asian markets drop on Omicron, Fed worries
Nifty futures on the Singapore Exchange traded 122.5 points, or 0.71 per cent, lower at 17,122.50, signaling that Dalal Street was headed for a weak start on Thursday. Nifty50 on Wednesday climbed ... ( read original story ...)