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Category: FINANCE

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 19/10/2021

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 ...)

Posted on 18/10/2021

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 ...)

Posted on 18/10/2021

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 ...)

Posted on 18/10/2021

‘Game-changing’ technologies like AI raise issues of ethics and philosophy: DBS CEO

MR Piyush Gupta was speaking at the Tech3 Forum last Friday where he focused on three "game-changing" technologies and ethics.. Read more at straitstimes.com. ( read original story ...)

Posted on 18/10/2021

Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher today amid mixed global cues; SGX Nifty futures up 25 points

Indian equity benchmarks Sensex and Nifty50 are likely to start the week on a positive note. Nifty futures trading on Singapore Exchange -- an early indicator of NSE's Nifty50 index in India -- were ... ( read original story ...)

Posted on 18/10/2021

Singapore Bourse Expected To Crack Resistance At 3,200 Points

The Singapore stock market has climbed higher in three straight sessions, collecting almost 65 points or 2 percent along the way. The ... ( read original story ...)

Posted on 18/10/2021

PharmEasy closes $350 million in pre-IPO round, valuation jumps to $5.6 billion

Amansa Capital, Blackstone-backed hedge fund ApaH Capital, Steadview, Janus Henderson, Sanne Group, ADQ, others join pre-IPO round ... ( read original story ...)

Posted on 18/10/2021

4 Ways Multiplier Account Rewards You As You Work Towards Your Financial Goals

This post was written in collaboration with DBS. While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same ... ( read original story ...)

Posted on 18/10/2021

DBS Bank double Singapore Paralympians’ prize money for Tokyo 2020

Singapore's Para-athletes will get double of their financial awards for medals at the Tokyo 2020 Games, after DBS Bank announced that it will match ... ( read original story ...)

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