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Tag: banking

Posted on 08/06/2024

Ahead of IPO, ixigo’s parent firm garners Rs 333 cr from anchor investors

Le Travenues Technology Ltd, operator of the ixigo travel booking platform, raised ₹333 crore from anchor investors ahead of its IPO. Notable investors include the Government of Singapore, Morgan ...

Posted on 08/06/2024

Singapore Post (SGX:S08) investors are sitting on a loss of 43% if they invested five years ago

This suggests that market participants have not changed their view ... Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Singapore Post's TSR for ...

Posted on 08/06/2024

The Banks That Hold Most Money in Singapore Laundering Scandal

Others with significant exposure include the country’s three largest banks — DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. For decades, Singapore has taken steps ...

Posted on 08/06/2024

Top Stock Market Highlights of the Week: NXP Semiconductors, Nvidia and iFAST Corporation

We look at the latest corporate moves by a semiconductor giant and the largest graphics processing unit manufacturer in the world. The post Top Stock Market Highlights of the Week: NXP Semiconductors, ...

Posted on 08/06/2024

Vanguard and NXP, backed by TSMC, will construct a $7.8 billion wafer plant in Singapore.

In a significant development for the global semiconductor industry, Vanguard International Semiconductor Corporation, a company backed by Taiwan Semiconductor Manufacturing Co. (TSMC), along with ...

Posted on 08/06/2024

Ixigo Poised for IPO Launch, Raises Rs 333 Crore in Anchor Investment

Le Travenues Technology Ltd, operator of the travel booking platform ixigo, has mobilised Rs 333 crore from anchor investors before its public IPO. Shares were allocated among major investors, ...

Posted on 08/06/2024

ixigo IPO: OTA Raises INR 333 Cr From 23 Anchor Investors

IPO: the startup allocated 3.58 Cr shares to the anchor investors at the upper end of its IPO price band of INR 93 per equity share ...

Posted on 08/06/2024

Majority of finance workers in Asia open to job changes, survey finds

For 2024, the function found to be emerging as dominant in the field of accountancy and finance in Singapore is corporate finance. The escalating demand for corporate finance professionals underscores ...

Posted on 07/06/2024

Singapore Hosts IPEF Clean Economy Investor Forum; Projects Worth USD 23 Billion Identified

The inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum was held on June 6, 2024, at the Sands Expo and Convention Centre, Singapore. The full day, by-invite ...

Posted on 07/06/2024

Best Bank Offers in Singapore (Jun 2024): Win $12,000 NTUC shopping vouchers, 1,500 ION+ Points and More

More recently, UOB cardholders also got early access to Waterbomb Singapore 2024. Here’s a look at all the ongoing bank offers and deals in Singapore that you can enjoy with your credit card or ...

Posted on 07/06/2024

Singapore stocks edge higher on Friday—STI up by 0.2%

SINGAPORE: Singapore stocks edge higher on Friday amid anticipation of US payrolls data and European Central Bank (ECB) rate cuts. The Straits Times Index (STI) opened 0.2%, or 5.41 points, higher at ...

Posted on 07/06/2024

Stock market rally pauses as US jobs data looms

Global stocks hovered at a record high on Friday after the European Central Bank cut interest rates for the first time in five years and traders waited on crucial U.S. monthly jobs data for clues ...

Posted on 07/06/2024

China’s Shein faces laundry list of concerns over possible London IPO

After the Singapore-headquartered online fashion giant pulled out of a plan to list in New York because of regulatory and political pushback, London was mooted as a potential destination, an idea ...

Posted on 07/06/2024

Singapore banks could issue capital securities to optimise their capital structure: Bloomberg Intelligence

All three banks have the potential to optimise their capital structure by issuing capital securities as their sizeable buffers – due to regulatory requirements – are mainly built on excess costly ...

Posted on 07/06/2024

HSBC plans to open three wealth centres in Singapore by first quarter of 2025

To sustain its growth momentum, the bank plans to increase its number of client-facing roles by more than a third by 2028.

Posted on 07/06/2024

Bank of Singapore’s Hong Kong CEO outlines ‘ambitious’ 2026 AUM target

BOS in Hong Kong plans to grow AUM by 50% by 2026 compared to end-2023 figures. Chan himself calls this an “ambitious” plan.

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