The "Singapore Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook): Spend Analysis by Digital/e-Gift Card, Retail & Corporate Consumers, Top Retailers, Distribution ... ( read original story ...)
South Korea surges more than 3% as Asia-Pacific markets mostly jump
The Dow Jones Industrial Average jumped more than 400 points overnight stateside to a record closing high of 31,961.86. ( read original story ...)
Singapore bank results show promising outlook for Covid bad debts
OCBC, UOB and DBS are among the first lenders in Asia to report 2020 numbers. They’re in surprisingly good shape. ( read original story ...)
Singapore’s UOB bank wants to focus on growing its wealth business
Wealth management is a growing business in Asia and has been a significant contributor to UOB's overall returns, says Lee Wai Fai, the bank's group chief financial officer. Got a confidential news tip ... ( read original story ...)
Grab to hire 350 people in Singapore to deliver financial services in South-east Asia
Ride-hailing operator Grab will be hiring about 350 more employees here this year to help it deliver financial services in South-east Asia. ( read original story ...)
UPDATE 1-Singapore bank UOB eyes lower credit costs, Q4 profit falls 32%
United Overseas Bank Ltd reported a 32% fall in quarterly profit as Singapore's smallest listed bank said its net interest income declined and credit losses swelled. ( read original story ...)
SPH, family office could see returns from US$50b Coupang IPO
Two Singapore-based investors of South Korean e-commerce firm Coupang - Singapore Press Holdings (SPH) and the family office of Trafigura's Asia-Pacific chief Tan Chin Hwee - could see strong returns ... ( read original story ...)
Asia-Pacific stocks rise as Dow soars to a record close overnight
The Dow Jones Industrial Average jumped more than 400 points overnight stateside to a record closing high of 31,961.86. ( read original story ...)
Singapore bank UOB eyes lower credit costs, Q4 profit falls 32%
United Overseas Bank Ltd reported a 32% fall in quarterly profit as Singapore's smallest listed bank said its net interest income declined and credit losses swelled. SINGAPORE, Feb 25 (Reuters) - ... ( read original story ...)
Singapore bank UOB reports 32% drop in Q4 profit
United Overseas Bank Ltd UOBH.SI reported a 32% fall in quarterly profit as Singapore's smallest listed bank said its net interest income declined and credit losses swelled. UOB said on Thursday that ... ( read original story ...)
Aztech Global files draft IPO prospectus, 17 cornerstone investors named
Aztech Group, which was privatised back in 2017 by executive chairman Michael Mun, plans to list its technology unit Aztech Global. The company has on Feb 24 filed its preliminary prospectus with the ... ( read original story ...)
Blackstone owned autocomp firm Sona Comstar files for ₹6,000 cr IPO
The IPO comprises a fund raise via fresh issue amounting to ₹300 crore and an offer for sale aggregating up to ₹5,700 crore by Singapore VII Topco III Pte Ltd.Sona Comstar will use the proceeds from t ... ( read original story ...)
Sona BLW files for Rs 6,000 crore IPO
Automotive supplier Sona BLW Precision Forgings has filed papers with the stock market regulator to raise and aggregate of Rs 6000 crore via initial public off ... ( read original story ...)
Proxtera and Tazapay Partner to Propel Cross-Border Trade for SMEs
Proxtera, a network of business-to-business (B2B) marketplaces that facilitates cross-border trade for small-medium enterprises (SME), ... ( read original story ...)
Singapore: Inflation forecast to pick up pace in 2021 – UOB
Economist at UOB Group Barnabas Gan assesses the latest inflation figures in Singapore. Key Quotes “Singapore’s consumer price index rose for the second straight month at +0.2 ... ( read original story ...)
Biggest ever IPO in auto component segment! Blackstone promoted Sona Comstar files for Rs 6000 crore IPO
Between FY16-20, the company has seen its total operating income grow at the CAGR of 10.9%. In FY 20, as compared to the top 10 publicly listed auto component manufacturers in India by market ... ( read original story ...)