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Tag: banking

Posted on 08/04/2026

AirTrunk hires banks for Singapore IPO that could raise over US$1 billion: sources

SINGAPORE] AirTrunk has appointed banks including Citigroup and DBS for a potential data centre real estate investment trust initial public offering (IPO) in Singapore that could raise more than US$1 ...

Posted on 08/04/2026

1,600 Players Set to Compete at Singapore’s OCBC-Great Eastern Pickleball Open

Singapore will host the first OCBC–Great Eastern Pickleball Open at the OCBC Arena, expecting over 1,600 competitors. Originally planned for the National Stadium, the venue was changed for better ...

Posted on 07/04/2026

SpaceX’s IPO pitch centres on Musk’s ability to ‘sell the dream’

Elon Musk appeared to push back on the valuation target of US$2 trillion in an April 3 X post, saying “don’t believe everything you read”.

Posted on 07/04/2026

SGX seeks greater sector diversity in IPOs; aims to attract more AI firms

Diversity in investors and EQDP fund managers are also critical, say MAS and JP Morgan Asset Management Read more at The Business Times.

Posted on 07/04/2026

OCBC aims to support 12,000 SMEs with sustainable financing by 2028

The bank has supported 5,000 SMEs in sustainable financing as of end-2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/04/2026

OCBC ups ante on SME sustainability with S$25 billion financing target

Head of global commercial banking notes that this is the first time a bank in Asia has set a dedicated sustainable finance target for the SME segment Read more at The Business Times.

Posted on 07/04/2026

Microsoft to invest $5.5bn in Singapore, boosting AI skills and workforce readiness

Microsoft is injecting $5.5 billion into Singapore by 2029, bolstering AI infrastructure and workforce readiness. Over 200,000 students will gain free AI tools, while educators and non-profit leaders ...

Posted on 07/04/2026

Singapore equities can weather the LNG storm

Global uncertainty is also driving capital reallocation, and the city-state stands to benefit Read more at The Business Times.

Posted on 07/04/2026

AirTrunk hires banks for Singapore listing that could raise over $1.3 billion, sources say

AirTrunk has three data centres in Singapore – two of which are under development. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/04/2026

Why Asia’s IPO Markets Saw Brisk Growth In Q1 2026

Asia’s IPO markets surged in Q1 2026, led by Hong Kong’s rebound, resilient India filings, and Singapore’s REIT-driven revival—plus the geopolitical risks investors are watching.

Posted on 07/04/2026

Analysts split on Singapore’s banking sector outlook even as safe-haven status remains ‘intact’

The Middle East conflict and closure of the Strait of Hormuz continue to cloud the road ahead Read more at The Business Times.

Posted on 07/04/2026

Barclays Private Bank Singapore Head Tan to Join Schroders

Barclays Plc’s head of private bank in Singapore is leaving the firm just as it prepares to make a full return to the business in the city-state this year.

Posted on 06/04/2026

Inaugural OCBC-Great Eastern Pickleball Open to be held in October

Close to 1,600 participants are expected, with 2 categories - novice and open - open to the public. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/04/2026

Microsoft to Invest US$5.5 Billion in Singapore’s Cloud, AI Infrastructure

Microsoft plans to invest US$5.5 billion in Singapore through 2029 to expand cloud and AI infrastructure and related operations.

Posted on 06/04/2026

JP Morgan downgrades OCBC, lowers DBS’s price target and raises SGX’s price target

JP Morgan downgrades OCBC to underweight and reduces price target to $20.50, but raises SGX's price target to $22. DBS's price target is reduced to $63 from $70.

Posted on 06/04/2026

Singapore IPO players on the fence as they await resolution of Middle East war

Glenn Thum, research manager at Phillip Securities Research, said: “While outperformers like Soon Hock and The Assembly Place have been rewarded for exceptional earnings execution and asset-light, ...

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