SINGAPORE: Plans for a new global carbon exchange and marketplace that will be headquartered in Singapore were unveiled on Thursday (May 20) as ... ( read original story ...)
Robinhood takes on Wall Street funds with feature that allows users to buy into IPOs
Robinhood, which is preparing to make public its own IPO paperwork in the coming weeks, is rolling out the investing platform in phases. ( read original story ...)
Oat milk, once a niche product, is going big: Oatly raises $1.4 billion in IPO
Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering. Among early investors: Oprah Winfrey, Natalie Portman and former Starbucks CEO Howard Schultz. ( read original story ...)
Oatly Jumps in Debut After Raising $1.4 Billion in IPO
Oatly Group AB, the vegan food and drink maker, jumped in its debut after pricing its initial public offering at the top of a marketed range.Shares opened Thursday at $22.12 in New York, a 30% jump ... ( read original story ...)
Deutsche Bank opens ESG centre in Singapore
Deutsche Bank has established an ESG centre of excellence (COE) in the Lion City. The unit will work across all of the bank’s divisions to focus on the execution of ESG transactions as well as sharing ... ( read original story ...)
DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace
DBS, SGX, Standard Chartered and Temasek to develop a carbon exchange and marketplace, Climate Impact X; providing organisations with high-quality ... ( read original story ...)
Backed By Oprah And Blackstone, Oatly’s $10 Billion IPO Hits The Market
Oat milk sensation Oatly started trading at a $10 billion valuation after an initial public offering that raised $1.4 billion for the Swedish consumer brand. ( read original story ...)
Expanding Latin American gym chain SmartFit files for IPO
Latin American gym chain SmartFit has filed for an initial public offering (IPO) to raise funds for its expansion, a Brazilian securities filing showed. SAO PAULO, May 20 (Reuters) - Latin American ... ( read original story ...)
Coronavirus: OCBC Arena, OCBC Aquatic Centre closed to public from May 21
This is to facilitate the safe and uninterrupted training of Singapore athletes, said Sports Hub.. Read more at straitstimes.com. ( read original story ...)
Singapore aims for green finance leadership with new initiatives
Singapore has set up a new task force to give a fresh push to its green financing ambitions, rolling out initiatives and putting more focus on climate-related disclosures from financial institutions. ( read original story ...)
DBS and StanChart lead Singapore-based carbon exchange
The two banks plus Singapore’s stock exchange and sovereign wealth vehicle believe they have the collective strength and skills to build Climate Impact X, based initially on southeast Asian forestry ... ( read original story ...)
Singapore is a ‘key favorite market’ for UBS, gold its least preferred commodity
Adrian Zuercher from UBS Global Wealth Management lays out his sector picks in Singapore, and why he's not a big fan of gold right now. ( read original story ...)
UPDATE 1-Singapore Airlines cuts cash burn to as little as $75 mln a month -CFO
Singapore Airlines Ltd has reduced its cash burn to about S$100 million ($75 million) to S$150 million a month, from as much as S$350 million last year, as it weathers a plunge in travel demand, its ... ( read original story ...)
UOB prints its longest tenor euro covered bond
Singapore lender United Overseas Bank (UOB) on May 18 priced a 750 million euro (US$914.60 million) covered bond, representing the first covered bond transaction out of Singapore in 2021.The ... ( read original story ...)
DBS can fund S$2.7b bid for Citi India unit, says Bernstein
DBS Group Holdings has sufficient capital to bid for Citigroup's consumer assets in India valued at S$2.7 billion without needing to raise additional funds, Sanford C Bernstein & Co analysts said.. ( read original story ...)
DBS can fund $2 billion for Citi India’s assets, Bernstein analysts say
DBS CEO Piyush Gupta had said that he is interested in the U.S. bank's assets that are for sale in India, as well as in China, Taiwan and Indonesia. ( read original story ...)