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Tag: banking

Posted on 02/08/2024

Ola Electric to raise $734 mln in India’s biggest IPO this year

A term sheet for the IPO, which will run from Aug. 1 to Aug. 6, puts a value of $4 billion on the company, which sold its first scooter in 2021. That valuation is about 25% lower than Ola's last ...

Posted on 02/08/2024

India’s First Unicorn Sets Sights on IPO After Returning Home

Mobile-advertising firm InMobi Pte is planning to go public in India in the second half of next year, seeking to capitalize on a booming stock market in the world’s fifth-largest economy.

Posted on 02/08/2024

Singapore stocks open lower on Friday—STI fell by 1%

SINGAPORE: Singapore stocks opened lower on Friday, August 2, following losses in global markets from the night before. The Straits Times Index (STI) fell by 1%, dropping 32.73 points to 3,387.11 by 9 ...

Posted on 02/08/2024

Singapore Bourse May Give Up Support At 3,400 Points

(RTTNews) - The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had slumped ...

Posted on 02/08/2024

Top Stock Market Highlights for July 2024

We will recap some of the biggest business news and developments for July. The post Top Stock Market Highlights for July 2024 appeared first on The Smart Investor.

Posted on 01/08/2024

Ola Electric IPO GMP Today: Check latest grey market premium of Bhavish Aggarwal’s company

Ola Electric IPO GMP Today: Bhavish Aggarwal-led E-scooter manufacturer ... 18.5-22 per cent lower than in its last funding round in September 2023, which was led by Singapore's investment firm ...

Posted on 01/08/2024

Hero FinCorp ipo nbfc files drhp for rs 3668 crore initial public offering with sebi check IPO date allotment listing nse bse stock market news

The proposed IPO is a combination of a fresh issue of equity shares worth Rs 2,100 crore and an Offer For Sale (OFS) of Rs 1,568 crore by investor shareholders, according to the Draft Red Herring ...

Posted on 01/08/2024

Marcoleta tags Comelec chief Garcia in Caymans offshore bank controversy

Sagip party-list Rep. Rodante Marcoleta named Commission on Elections (Comelec) Chairperson George Garcia as the listed owner of an offshore bank account in the Cayman ...

Posted on 01/08/2024

Singapore Stock Market Poised For Additional Support

The Singapore stock market has climbed higher in wo of three trading days since the end of the three-day losing streak in which it ...

Posted on 01/08/2024

Singapore’s real estate to outperform in cross-border investments

Cross-border investments accounted for 48% of Singapore’s real estate investment volume in H1 2024, surpassing the 10-year average of 43%.

Posted on 01/08/2024

Singapore bank UOB’s second-quarter net profit rises 1% on-year

Singapore's United Overseas Bank (UOB) reported on Thursday a 1% rise in net profit in the second quarter from a year earlier on the back of higher net fee income and a rebound in loan-related fees ...

Posted on 01/08/2024

Commentary: Recovering mistaken PayNow transfers could be simpler and swifter in Singapore

Though Singapore’s law allows individuals to recover bank transfers made by mistake, it is more challenging in practice if the recipient does not cooperate, says SUSS law lecturer Ben Chester Cheong.

Posted on 31/07/2024

HSBC plans another $3 billion stock buyback as CEO Noel Quinn prepares to leave

The London-headquartered bank beat expectations on a bumper result from its wealth-management arm as it launched another $3 billion share-buyback plan ...

Posted on 31/07/2024

Reformative training for 21-year-old who sold Singpass info to write off S$1,000 in loan, stole bicycles in Bukit Batok

Unable to repay a loan that he had taken, Ng Zheng Quan agreed to give the moneylender his Singpass login details, in exchange for having S$1,000 written off from his loan.

Posted on 31/07/2024

New savings account for newborns under Baby Bonus scheme from July 1

The savings account is in addition to the existing Child Development Account (CDA), which is used for education and healthcare expenses. Read more at straitstimes.com.

Posted on 31/07/2024

Singapore, Asia markets react to BOJ rate hike; STI rises 0.4%

The local banks rose: DBS was up 0.1 per cent to $36.59; OCBC climbed 0.3 per cent to $14.85; and UOB, which releases second-quarter results on Aug 1, added 0.3 per cent to $32.35. THE BUSINESS TIMES ...

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