We look at the latest US inflation reading and size up SGX’s listed companies’ quarterly profits for the most recent quarter. The post Top Stock Market Highlights of the Week: US Inflation Rate, ...
Korean insurer announces investor roadshows in Singapore and HK ahead of IPO
Seoul Guarantee Insurance (SGI) has organised a series of deal roadshows in Hong Kong and Singapore aimed at both Korean and foreign investors, commencing on September 19. The move comes after the ...
Simpple Shares Rise 9% After IPO Closes
By Chris Wack Simpple shares were up 9%, to $5.11, after the Singapore-based property-technology company closed its initial public offering. The shares ...
Daily Cuts – Why are Singapore workers more sensitive to stress after the pandemic?
A survey by Aon and Telus Health found that half of Singapore’s workers reported being more sensitive to stress after the pandemic. Two-thirds also reported being concerned that being open about their ...
BlackRock lists Singapore’s largest-ever equity ETF at record US$426 mil to drive climate action
BlackRock lists Singapore's largest-ever equity exchange-traded fund, or ETF, at record US$426 mil to drive climate action. The market share of such funds focused on ESG themes is growing fast in Asia ...
Emerging Markets: Singapore stocks hit one-month high as Asian equities rise as China data lifts sentiment, FX mixed
Major Asian equity markets rallied on Friday, while emerging currencies were mixed after market-beating economic data from China added to expectations that global central banks were close to being ...
Cayman Islands to open Singapore office to lure Asia’s wealthy
The Cayman Islands will open an office in Singapore by the end of the year, as the Caribbean offshore financial services centre seeks to capture more business from Asia’s hedge funds and wealthy families.
UOB keys on family firms
UOB Thailand wants to focus on the younger generation of family-run businesses to support customers' expansion in Asean as the regional economy grows.UOB Thailand, a regional network of the ...
DBS reinstates ‘buy’ on Frasers Property, says ‘immense value’ overlooked by investors
DBS analysts have reduced their target price to $1.21 from $1.70 previously, pegged to a 60% discount to Frasers Property's RNAV.
EbixCash’s IPO filing doesn’t disclose an adverse court order
The firm, a unit of Nasdaq-listed Ebix Inc., received the markets regulator’s approval for a ₹6,000 crore IPO in April.
The IPO market has ‘lost a lot of relevance,’ says Swiss asset manager Partners Group
The IPO market has lost a bulk of its relevance in the real economy, but there "absolutely enormous" opportunities are abound in the health-care sector.
Singapore has seen investment increase from India, China, and SEA – official
Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its investment chief said on Thursday.
Bongbong Marcos urges Singapore businessmen to invest in PH
President Ferdinand "Bongbong" Marcos Jr. on Wednesday encouraged Singaporean businessmen to invest in the Philippines’ renewable energy, smart and innovative economy and infrastructure ...
Singapore’s Central Bank Bans Three Arrows Founders From Finance For 9 Years
Singapore's Monetary Authority (MAS) has imposed a stringent nine-year prohibition order on the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies. This decision comes after the duo ...
SoftBank’s Arm rises up to 15% after year’s biggest IPO
Investors in the IPO included some of Arm’s biggest customers. The company set aside more than US$700 million of its stock for Intel Corp., Apple Inc., Nvidia Corp., Samsung Electronics Co. and Taiwan ...
Singapore central bank slaps Three Arrows founders with 9-year trading ban
Singapore's central bank issued on Thursday nine-year prohibition orders against Su Zhu and Kyle Davies, the founder of collapsed cryptocurrency hedge fund Three Arrows ...