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Tag: banking

Posted on 23/09/2023

NTU, NUS, and Temasek to invest $75 million to accelerate commercialisation of deep tech ventures

The Nanyang Technological University, Singapore (NTU Singapore), the National University of Singapore (NUS), and Temasek have today signed a Memorandum of Understanding (MOU) to embark on a joint $75 ...

Posted on 23/09/2023

Woman loses over $44k after downloading third-party app to buy fish

Scammers increased her credit limits and siphoned out money from her bank accounts. Read more at straitstimes.com.

Posted on 23/09/2023

Top Stock Market Highlights of the Week: US Federal Reserve, Singtel, Singapore Post and Public Transport Fare Hikes

We look at the US Federal Reserve’s latest move and examine the impact of public transport fare hikes on two companies’ top line. The post Top Stock Market Highlights of the Week: US Federal Reserve, ...

Posted on 23/09/2023

JSW Infrastructure to launch IPO on September 25 after securing $170 million from anchor investors

Monetary Authority of Singapore, Morgan Stanley, Fullerton, HSBC Trustee, and Goldman Sachs. The forthcoming IPO marks the first for the JSW group in over a decade. The group's last IPO was in 2010 ...

Posted on 23/09/2023

Softbank, Temasek backed Ola Electric to file IPO papers by end of October – Reuters

Lalam/iStock Editorial via Getty Images Indian e-scooter maker Ola Electric fast-tracked its listing move as it aims to file regulatory papers for its near $700 million IPO before the ...

Posted on 23/09/2023

JSW Infra IPO: JSW Group’s IPO mobilises ₹1,260 crore from anchor investors ahead of issue

The price band JSW's IPO, that opens on 25 September, has been fixed at ₹113-119 per share. The offer will close on September 27.

Posted on 23/09/2023

JSW Infrastructure mops up Rs 1,260 crore from 65 anchor investors, ahead of IPO

The company has finalised allocation of 10,58,82,352 equity shares to anchor investors at a price of Rs 119 per share.

Posted on 22/09/2023

Will Hong Kong or Singapore finance the Global South’s pressing needs if the rich North won’t?

Although Hong Kong and Singapore have very large banking systems, the Basel rules on capital, liquidity and total leverage caps have on the whole made banks much more cautious in taking risks to ...

Posted on 22/09/2023

Trina Liang-Lin takes over as Netball Singapore chief, pledges to bring in more financial support

She takes over from deputy speaker of parliament Jessica Tan, who had been the association's president since 2012. Read more at straitstimes.com.

Posted on 22/09/2023

Singapore stocks rise amid mixed regional performance; STI up 0.1%

THE Straits Times Index (STI) ended Friday (Sep 22) slightly higher after paring early losses. The STI rose 0.1 per cent or 2.01 points to 3,204.82 at the close. Read more at The Business Times.

Posted on 22/09/2023

Singapore market slides after Fed’s hawkish hold; STI dips 1.2%

THE Federal Reserve’s hawkish stance tamed markets in the Asia-Pacific on Thursday (Sep 21), with key bourses from South Korea to Australia swimming in a sea of red hours after the United States ...

Posted on 22/09/2023

UOB Kay Hian sees ‘seasonally stronger’ 2H2023 and ‘continued recovery’ in 2024 for hospitality REITs

Analyst Jonathan Koh has kept his "buy" call for FEHT, CDLHT and CLAS with target prices of 75 cents, $1.48 and $1.35 respectively ...

Posted on 22/09/2023

Brokers’ take: DBS upgrades Grab to ‘buy’ on delivery, mobility segments’ market share gain

DBS Group Research has upgraded Grab by two notches to “buy” from “fully valued”, as the on-demand services player is gaining market share as its competitors shift focus towards profitability. Read ...

Posted on 22/09/2023

Inside Singapore’s Post-Covid Investment Boom.

In the years since it gained independence from Malaysia in 1965, the city-state has seen its economy go from strength to strength. Its GDP per capita now surpasses those of other rich countries such ...

Posted on 22/09/2023

An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO

Silent Eight's AI models were actually trained on the processes that human investigators were carrying out within financial institutions, its CEO told CNBC.

Posted on 22/09/2023

IPO screener: Goldaman Sachs-backed Samhi Hotels listing today

Samhi Hotels' IPO subscribed 5.33x; to list at bourses today. Issue raised ₹1,370.10cr, fixed at ₹126, upper end of price band. Fresh issue of ₹1,200cr, OFS of 1.35cr shares by existing shareholders.

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