Following a sharp 11bp rise in five year swap yields from last Friday, five year covered bond offerings from Germany's DZ Bank and Singapore's DBS flew off the shelves after being announced on Monday. ( read original story ...)
GHY Culture Deal to Acquire Singapore’s Clover Films Is Canceled
Singapore entertainment group GHY Culture & Media has revealed that its proposed takeover of producer and distributor Clover Films is not going ahead. GHY announced plans in mid-June to acquire a 51% ... ( read original story ...)
Best Credit Card Promotions (October 2021): Apple iPad, Nintendo Switch Lite & More
I have to admit, I absolutely love credit card promotions. These days, banks offering the best credit cards in Singapore compete so hard for new customers that they practically rain Apple ... ( read original story ...)
OCBC, Ping An to provide two-way wealth services in China’s Greater Bay Area
OCBC on Tuesday (Oct 19) announced that its Hong Kong subsidiary, OCBC Wing Hang Bank, will partner China's Ping An Bank to provide two-way wealth management services in the Greater Bay Area (GBA).. ( read original story ...)
Global minimum corporate tax rate is only going to hurt the West – and help Singapore
Singapore included — have signed a landmark agreement establishing a global minimum corporate tax rate of 15 per cent, there’s doubt as to how it is going to affect the city-state. After all, small ... ( read original story ...)
UOB launches green financing plans for EVs and buildings
Competition among Singapore banks is intensifying as interest in green and sustainability-linked financing grows.. Read more at straitstimes.com. ( read original story ...)
UOB, IMDA digitalise SG-China cross-border trade flows
This is expected to speed up the electronic exchange of trade documents. UOB announced that it will enter into a digital trade financing pilot with the Infocomm Media Development Authority (IMDA) for ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher; SGX Nifty futures up over 50 points
Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session on a positive note amid gains in other Asian markets. At 7:40 am, Nifty futures trading on Singapore Exchange -- an ... ( read original story ...)
Here’s what you can expect for this year’s Singapore FinTech Festival organised by MAS
Organised by the Monetary Authority of Singapore (MAS), the Festival (SFF) is back for its sixth edition on November 8 to 12. This year’s theme is the impact of Web 3.0 on financial services. As we ... ( read original story ...)
RPT-Global power cost surge wrecks Singapore’s electricity market
The global energy crunch which has sent natural gas prices to record highs and caused power shortages in many parts of the world is now spilling over to the island state of Singapore which is ... ( read original story ...)
Asia Digest: SG’s Fat Projects Acquisition raises $100m; K Car mops up $285m in IPO
SG-based SPAC firm Fat Projects Acquisition Corp has announced the closing of its $100-million IPO while K Car, a South Korean automotive marketplace fully owned by private equity firm Hahn & Company, ... ( read original story ...)
PharmEasy Closes Pre-IPO Investment Round Of Up To $350 Mn; Valuation Jumps To $5.6 Bn
API Holdings Ltd, the parent of PharmEasy, has also closed a $130-140 million secondary share sale. Around 20 senior executives have acquired shares worth $5 million as part of the secondary sale ... ( read original story ...)
Paytm, Fino, OYO: Inside The Grey Market Rush For India’s IPO-Bound Startup Shares
The shares of the two fintech startups (Fino and MobiKwik) have mainly been on the rise, post the IPO approvals. In another significant development this week, the unlisted arena has started witnessing ... ( read original story ...)
Funding Rundown: Tala raises $145M, PharmEasy gets $350M in pre-IPO round, says report & SaaS Labs bags $17M in Series A round
Tala raises $145M in funding round led by Upstart Fintech company Tala has raised $145 million in Series-E funding round, led by Upstart with participation from the Stellar Development Foundation. New ... ( read original story ...)
Adani Wilmar, Nykaa, Star Health and Allied Insurance, among 6 IPOs approved by SEBI
Rakesh Jhunjhunwala-owned Star Health Insurance, e-commerce brand Nykaa, and Adani Group’s FMCG unit Adani Wilmar are some of the companies that received the green light from capital markets regulator ... ( read original story ...)
DBS throws weight behind Singapore National Paralympic Council as sponsor
DBS also matched the Council's Athletes Achievement Awards, doubling Singapore Paralympic gold medallist Yip Pin Xiu's winnings to SG$800,000, multiple media reports said. ( read original story ...)