An amount raised in that range would make Luckin the biggest U.S. IPO by a Chinese firm so far in 2019 ... and two other senior executives, and it is backed by Singapore’s sovereign wealth fund GIC ... ( read original story ...)
FX Volumes for Singapore Banks Surge, Driven by Asia Growth
MAS Developing Singapore into FX Hub As Finance Magnates reported, the Monetary Authority of Singapore (MAS) has been working towards developing the country into a global FX price discovery and ... ( read original story ...)
Singapore-listed palm oil planters kept at ‘market weight’ by UOB on valuation catch-up
SINGAPORE (Apr 22): UOB KayHian expects interest in palm oil planters such as Golden Agri-Resources, First Resources and Bumitama Agri to rebound, driven largely by a more positive view on CPO prices. ... ( read original story ...)
Standard Chartered opens Africa eXellerator innovation hub in Kenya
Standard Chartered Bank today announced the official opening of its Africa ... This furthers adds to the Bank’s other eXellerator labs located in Singapore, Hong Kong, London and San Francisco. ... ( read original story ...)
Heckler Expands Singapore Studio & Hires Richard Mayo-Smith
He has held senior producer roles at two of the most awarded agencies in New Zealand, Saatchi & Saatchi and Colenso BBDO and worked with clients including Singapore Airlines, Standard Chartered Bank, ... ( read original story ...)
7 Big Ticket Purchases Singaporeans Make In Their Lifetime And Their Best Loan Rates
But which bank has the lowest interest rates, you ask? Well, currently Standard Chartered CashOne Personal Loan is looking to be an attractive option with the lowest interest rate of 3.88% p.a. (EIR 7 ... ( read original story ...)
UOB brings Singapore’s first T2 under new bail-in rules
setting a new benchmark following the strengthening late last year of the bank resolution regime in its home jurisdiction of Singapore. Bookrunners and lead managers Citi, Credit Suisse, HSBC, ... ( read original story ...)
$41 Billion Flash Crash Leaves Singapore’s Stock Market Stunned: What Happened?
The Jardine Matheson Group is a conglomerate with interests spread across Asia. Founded in China in 1832, the group is owned by the Keswick family, and it holds extensive positions in the ... ( read original story ...)
Nanshan-backed W Capital has more than 10 IPO pipeline deals
He says W Capital already has more than 10 IPOs in the pipeline from countries such as Singapore, Australia, Indonesia, South Korea, and even Sri Lanka. They span sectors such as education, consumer, ... ( read original story ...)
Citibank Singapore giving instant in-principle nod for debt consolidation plan
Customers applying online for Citibank Singapore's debt consolidation plan can now get instant in-principle approval if they are eligible, instead of waiting up to three days for a decision after ... ( read original story ...)
Singapore’s DBS Plans to Stop Financing Coal Power After 2021
Singapore’s largest bank plans to stop financing coal-fired power plants once its existing commitments are complete in 2021. DBS Group Holdings Ltd. will stop financing new projects in any market ... ( read original story ...)
B737 Max grounding uncertainty is SIA’s biggest worry: UOB KayHian
SINGAPORE (Apr 18): UOB KayHian now believes Singapore Airline’s B737 Max aircraft is likely to remain grounded beyond the research house’s initial July estimate. Six of SilkAir’s B737 Max aircraft -- ... ( read original story ...)
DBS keeps Suntec REIT at ‘buy’ on securing UBS as sole tenant for 9 Penang Road
SINGAPORE (Apr 18): DBS Group Research continues to rate Suntec REIT a “buy” with a target price of $2.12. This came on the back of the REIT (30%) along with its JV partners – SingHaiYi Group (35%) ... ( read original story ...)
A dozen buyers eye Citibank’s India BKC office: Report
Around 12 suitors have placed bids for Citibank's Indian head office located in Mumbai's Bandra Kurla Complex (BKC), Business Standard reported. Private equity firm Blackstone, Singapore-based GIC, K ... ( read original story ...)
DBS says exposure by REITs to CWT default more manageable than thought
SINGAPORE (Apr 17): DBS Group Research is not overly worried about the local industrial REITs – AIM APAC REIT (AA REIT), Mapletree Logistics Trust (MLT) and Cache Logistics Trust (CacheLog Trust) – ... ( read original story ...)
Singapore Exports Slump on Worst Electronics Drop Since 2013
(Bloomberg) -- Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier ... ( read original story ...)