Citibank Taiwan Ltd’s (台灣花旗) board of directors yesterday elected Aftab Ahmed, a former Citi country officer (CCO) for the Philippines, as the bank’s new chairman, pending regulatory approval. Aftab ...
Singapore: 2023 GDP forecast remains at 0.7% – UOB
Senior Economist at UOB Group Alvin Liew comments on the recently published GDP figures in Singapore. Key Takeaways “The preliminary estimate of Singapore’s 4Q GDP was in line ...
Company behind Yew Kee Duck Rice eyes Catalist IPO
Yew Kee Duck Rice (formerly known as Yu Kee Duck Rice) is a famous Singaporean brand that started as a push-cart business in the 1950s. Since then, executive chairman Seah Boon Luck, who has taken ...
Long queues for new notes ahead of Chinese New Year
There are 72 POSB pop-up ATMs disbursing fit-for-gifting and new notes, while UOB has 17 such ATMs. Read more at straitstimes.com.
Asia-Pacific IPOs most resilient in 2022; tech and energy groups lead large issuances: EY
SINGAPORE - The initial public offering (IPO) market in the Asia-Pacific has been the most resilient compared with other regions, with stronger and higher growth potentials, said an EY report on ...
Singapore stocks in the black for the first time in 2023; STI up 1.6%
SINGAPORE stocks had its first day of gains in 2023 amid a rally across regional markets. Read more at The Business Times.
Foreigners cash out from SE Asia stocks after strong year
That may change this year as China eases its Covid restrictions and the potential bottoming out of tech earnings gives Taiwan and South Korea a boost. “Interest in China and North Asia is picking up, ...
Long queues at ATMs as most people prefer fresh CNY notes over fit-for-gifting type
A long queue, comprising mostly seniors who want to get their hands on new notes ahead of Chinese New Year, formed at two pop-up ATMs at Ci Yuan Community Club in Hougang on Thursday (Jan 5).The ...
These 2 Gaming Giants Have Double-Digit Upside Potential, Says DBS
We can follow that logic, taking a cue from Singapore’s banking giant DBS, which has been tagging the giant gaming stocks as Buys, with upside potential on the order of 20% or better. Here are their ...
Yangzijiang’s share price weakness at the start of 2023 presents ‘buying opportunity’: DBS
DBS Group Research analyst Ho Pei Hwa has reiterated her “buy” call for Yangzijiang Shipbuilding (YZJ) with a target price (TP) of $1.70. According to Ho, the recent price weakness following the ...
Market LIVE Updates: SGX Nifty indicates a positive start for Sensex and Nifty 50
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open higher on Thursday amid positive cues from global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty ...
Investor tied to Singapore’s Lee clans sees crypto outperforming
An investment firm tied to two of Singapore’s most well-known families is taking steps to bet on the future of digital assets, despite the chill in the industry. Whampoa Group, a multi-family office ...
Market LIVE Updates: Sensex and Nifty 50 edge higher, financial stocks underperform
"c-message_kit__gutter"> Stock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty50 opened higher on Thursday amid positive cues from global markets. Gains in FMCG and IT ...
Global IPO proceeds down 61% in 2022, Southeast Asia down 50%: EY
Compared to Singapore’s eight listings raising US$40 million in 2022, Hong Kong saw 67 listings raising US$12.4 billion.
Apac IPOs most resilient in 2022; tech and energy groups lead large issuances: EY
THE initial public offering (IPO) market in Asia-Pacific (Apac) has been the most resilient compared with other regions, with stronger and higher growth potentials, according to an EY report on ...
Foreigners Cash Out From Southeast Asia Stocks After Strong Year
The strong appetite for Southeast Asia stocks seen over the past year is starting to ebb as the reopening of China draws global funds to cheaper northern markets.