UTI Asset Management Company on September 28 has raised Rs 644.64 crore from several anchor investors ahead of its IPO opening tomorrow. "Under anchor investors portion in the public issue of UTI ... ( read original story ...)
Breakingviews – Toshiba’s pulled chip IPO is tip of its worries
The reason for Kioxia’s decision to pull its $3.2 billion initial public offering on the eve of pricing depends on who you ask. The world’s second largest maker of flash memory chips said it was down ... ( read original story ...)
ICBC Singapore, DBS jointly provide Singapore’s first SORA-pegged club loan to Olam
The Singapore Branch of the Industrial and Commercial Bank of China (ICBC Singapore) partnered with the DBS Bank (DBS) in providing Singapore's first club loan pegged to the Singapore Overnight Rate ... ( read original story ...)
Google Pay gets more “social” in Singapore, lets users split lunch bills easily
Google Pay users got a major upgrade in Singapore last week, with new "social" features that make it easy to, say, split the cost of a meal. ( read original story ...)
Singapore Regulator, Banks in Talks to Extend Debt Relief
Singapore’s central bank is in talks with lenders about extending the nation’s debt moratorium program beyond Dec. 31 to provide extra relief for borrowers hit by the fallout from the coronavirus ... ( read original story ...)
Wilmar’s China unit IPO raises $2.8 billion amid oversubscription of shares
SINGAPORE (THE BUSINESS TIMES) - The long-awaited initial public offering (IPO) of Wilmar International's China unit, Yihai Kerry Arawana (YKA), has successfully raised about 13.93 billion yuan ... ( read original story ...)
Singapore Regulator, Banks in Talks to Extend Debt Relief Scheme
Singapore’s central bank is in talks with lenders about extending the nation’s debt moratorium program beyond Dec. 31 to provide extra relief for borrowers hit by the fallout from the coronavirus ... ( read original story ...)
Banks in Singapore handled $4.5B in ‘suspicious funds’
Several banks in Singapore handled about $4.5 billion in suspicious transactions between 2000 and 2017, with DBS Bank, CIMB Bank and Deutsche Bank among those that processed the largest sums of such ... ( read original story ...)
South Korea entertainment shares surge as K-pop sensation BTS’ label prices IPO at top end of range
Shares of Big Hit Entertainment, the music label behind global K-pop phenomenon BTS, were priced on Monday at the top end of the range ahead of its highly-anticipated market debut. ( read original story ...)
PayNow raises limit on ad-hoc transactions to $5,000 or more
PayNow users will now be able to send a higher amount of money to others on the funds transfer service.. Read more at straitstimes.com. ( read original story ...)
Govt to move Singapore court against Vodafone order: FinMin sources
Finance Ministry sources said that the government is seeking legal opinion on its future course of action, including challenging the award by filing of an application before the appropriate court in ... ( read original story ...)
Govt might move Singapore arbitration court against Vodafone order: FinMin sources
Finance Ministry sources said that the government is seeking legal opinion on its future course of action, including challenging the award by filing of an application before the appropriate court in ... ( read original story ...)
Google Pay Begins Testing of New Split Bill Feature
Google has begun introducing a new split bill feature for its Google Pay platform. As reported by Android Police, the company began testing in Singapore ... ( read original story ...)
DBS joins Ant’s blockchain trade platform
SINGAPORE (THE BUSINESS TIMES) - DBS on Friday (Sept 25) said it is now a bank partner on a newly launched blockchain trade platform developed by a unit of Ant Group. Called Trusple, the platform uses ... ( read original story ...)
Singapore stock watch: OCBC, Keppel, Wilmar, Hanwell, Tat Seng, Neo Group
The following companies saw new developments that may affect trading of their securities on Friday (Sept 25):. Read more at straitstimes.com. ( read original story ...)
UOB simplifies digital payments on various apps
United Overseas Bank (UOB) has launched a new partnership ecosystem, making it simpler for customers to make payments on various apps and use rewards points to offset their utilities bills.. Read more ... ( read original story ...)