TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. Read more at The Business Times.
Standard Chartered has partnered with Wise Platform to transform international payments experience
In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...
DBS lowers TP for Acrophyte Hospitality Trust formerly known as ARA US Hospitality Trust to 25 US cents
The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...
Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%
In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...
Forty-four IPOs and counting: Malaysia’s IPO surge reflects investor confidence in local bourse, outpacing regional markets
Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in ...
COP29: Singapore to commit US$500 million as concessional capital for climate action
THE Singapore government will commit US$500 million as concessional capital to support a blended-finance initiative launched by its central bank last year, said Sustainability and Environment Minister ...
COP29: Singapore pledges US$500m to accelerate capital flows into green projects
The dollar-for-dollar pledge contributes to the Financing Asia’s Transition Partnership (FAST-P), which was launched by the Monetary Authority of Singapore last year. The FAST-P blended finance ...
DBS Group: Management’s Dividend Growth Plan Remains Compelling
Shares of Singapore's DBS Group have been on a strong run since my last piece, including a nice bump after Q3 results. Q3 results were strong, with record net income mapping to a strong return on ...
Swiggy’s IPO likely to create 500 crorepatis; 5,000 employees set to earn Rs 9,000 crore in total
Swiggy employees are expected to gain significant wealth. The company's IPO is scheduled to debut on November 13. This event is poised to be one of the largest wealth creation events in the Indian ...
Singapore pledges up to $669m to finance climate action in Asia
SINGAPORE - With climate finance weighing heavily at the UN Climate Change Conference (COP29) in Azerbaijan, Singapore announced on Nov 12 that it will commit up to US$500 million (S$669 million) to a ...
Singapore pledges up to $669 million to finance climate action in Asia
SINGAPORE - With climate finance weighing heavily at the UN climate change conference (COP29) in Azerbaijan, Singapore announced on Nov 12 that it will commit up to US$500 million (S$669 million) to a ...
Tatas dreams: AI-Vistara merger becomes reality; SIA to invest addl Rs 3,195 cr in integrated entity
Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, ...
Singapore stocks fall as US dollar strength weighs on Asian stock indexes; STI drops 0.8%
Singapore Exchange market strategist Geoff Howie noted that the trade-weighted ... “Overnight strength in the US dollar, which has continued into Asia trading, weighed on most Asia stock indices today ...
Singapore to commit US$500 million as concessional capital for climate action
THE Singapore government will be committing US$500 million as concessional capital to support a blended finance initiative launched by its central bank last year, said Sustainability and Environment ...
DBS Bank nominates Rajat Verma to be next India CEO, sources say
DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said. He is slated to replace Surojit ...
DBS CEO Piyush Gupta sells S$12.6 million worth of bank shares in 2 days
Piyush Gupta, the Chief Executive Officer (CEO) of DBS, has sold even more of his shares. He did so in a bank rally on Nov. 7 and 8, during which DBS shares climbed to over S$40, reported The Business ...