Cryptocurrency mining service provider, Sharemine AI, has officially launched today. Operationally ready since January 2021, Sharemine AI offers users a fully comprehensive range of green ... ( read original story ...)
World’s fourth-largest chip maker GlobalFoundries files for IPO that could value company at US$25 billion
The move is the clearest sign yet that GlobalFoundries, which is owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co, is not eager to accept a potential tie-up with Intel. ( read original story ...)
Singapore’s SC Capital set sights on hard-hit Japanese hotels with $550 mln fund
Singapore's SC Capital Partners aims to raise around $550 million for a new fund targeting hard-hit Japanese hotels, its chairman told Reuters, betting tourism will come back strongly once the ... ( read original story ...)
DBS dethrones Singtel as Singapore’s strongest brand
Additionally, DBS has once again been crowned the most valuable brand in Singapore for the ninth consecutive year. Find out which other brands made the rankings. ( read original story ...)
Renewed Consolidation Anticipated For Singapore Shares
The Singapore stock market on Wednesday wrote a finish to the three-day slide in which it had fallen almost 60 points or 1.9 percent. The Straits Times Index now sits just above the 3,130-point ... ( read original story ...)
GlobalFoundries reportedly files for IPO, suggesting Intel acquisition isn’t in the cards
Semiconductor manufacturer GlobalFoundries Inc. has reportedly filed confidentially for an initial public offering, which would suggest that talks about ... ( read original story ...)
Digital Banking: GOtyme Acquires Virtual Bank License to Offer Financial Services in the Philippines
GOtyme, which is a joint initiative between Philippines-based conglomerate Gokongwei Group and Singapore’s virtual banking group Tyme, has reportedly acquired the fifth digital banking permit from the ... ( read original story ...)
EXCLUSIVE-Chipmaker GlobalFoundries files confidentially for U.S. IPO -sources
GlobalFoundries Inc has filed confidentially with U.S regulators for an initial public offering (IPO) in New York that could value the chipmaker at around $25 billion, people familiar with the matter ... ( read original story ...)
Singapore’s DBS launches home equity loan for seniors to bolster CPF savings
Singapore’s largest lender DBS has launched a home equity loan that allows senior citizens to top up their Central Provident Fund (CPF) retirement savings by borrowing against their fully-paid private ... ( read original story ...)
After Dropping The Idea Twice, VLCC Finally Files For IPO; Here’s What We Know So Far
VLCC (formerly Vandana Luthra Curls and Curves) is a beauty and wellness company that has filed for an initial public offering (IPO). It plans to issue fresh issue shares worth Rs 300 crore, while the ... ( read original story ...)
View from Singapore: one year of the VCC structure
At the start of 2020, Singapore introduced a new corporate entity structure, the Variable Capital Company (VCC), and by June the number of incorporated VCCs had grown to over 300. This has now sparked ... ( read original story ...)
IPO frenzy intensifies
Some major tech-affine Vietnamese corporations are jumping on the bandwagon for overseas initial public offerings, particularly in the United States. ( read original story ...)
CPF LIFE and DBS create Singapore’s first reverse mortgage product
Ageing Singaporeans now have more options to monetise their private property in preparation for their retirement. The Central Provident Fund Board (CPFB) launched with DBS’ Home Equity Income Loan ... ( read original story ...)
Singapore’s NEA to issue S$3 billion green bonds
Singapore’s National Environment Agency (NEA) has launched a S$3 billion (US$2.2 billion) multicurrency medium-term note (MTN) programme and green bond framework. Proceeds from the issuance of notes ... ( read original story ...)
IPO WATCH – Ixigo, VLCC Health Care file draft papers with SEBI – fund raising, objectives, promoter – Some Key Details Here
Appetite for raising money from the primary markets is only growing as two more companies filed preliminary papers with the Securities and Exchange Board of India (SEBI). Le Travenues Technology Ltd, ... ( read original story ...)
Can Southeast Asia’s finance sector fund a forest-positive future?
Policymakers and financial institutions need to recognise and mitigate the inherent environmental and social risks that exist within the Forest Risk Commodity sector. ( read original story ...)