Airbnb Inc plans to file paperwork for a stock market listing in the next few weeks paving the way for its shares to start trading as soon as the fourth quarter, according to people familiar with the ... ( read original story ...)
China’s Ucommune Changes Course On Planned US IPO
Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed with the U.S. Securities and Exchange Commission. ( read original story ...)
Standard Chartered Bank partners with Microsoft to become a cloud-first bank
Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank's digital transformation through a cloud-first strategy. This partnership ... ( read original story ...)
EMERGING MARKETS-Thai, South Korean stocks hold to growth hopes, Singapore slips
Thailand and South Korea led gains for most of Asia's emerging currency and stock markets on Tuesday, bolstered by recent signs of an improving economic landscape in China and further heavy inflows of ... ( read original story ...)
Pandemic shrinks foreign exchange trading in major hubs but Singapore, Tokyo grab market share at Hong Kong’s expense
Coronavirus pandemic has chilled global financial markets by shrinking volume of currency trading. Tokyo and Singapore are early winners as Hong Kong slips. ( read original story ...)
Lendlease Global Reit Q4 DPU misses IPO forecast on circuit breaker, rental reliefs
Lendlease Global Commercial Reit (Lendlease Global Reit) on Tuesday (Aug 110 posted a distribution per unit (DPU) of 0.48 cent for its fourth quarter ended June 30, 62.7 per cent lower than the ... ( read original story ...)
Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India
Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. ( read original story ...)
Singapore’s economic contraction in the second quarter was worse than initial estimates
The Ministry of Trade and Industry revised its full-year forecast for Singapore to register an economic contraction of between 5% and 7% in 2020. Previously, it had expected the country's GDP to fall ... ( read original story ...)
Singapore’s recession worse than first thought as virus slams Asia’s exporters
Singapore's recession was deeper than first estimated in the second quarter as the coronavirus pandemic dealt a major blow to Asia's trade-reliant economies. "There continues to be significant ... ( read original story ...)
Singapore second-quarter recession deeper than initial estimates
Singapore's recession was deeper than first thought in the second quarter due to coronavirus lockdown measures, and the government said the trade-reliant economy's path to recovery remained uncertain ... ( read original story ...)
How Singapore Nurtured Foreign Tech Trio Who Became Billionaires
David Chen left his native China as a teenager to attend school in Singapore. Little did he know that his adopted city would help him reach the ranks of the ultra-rich.The co-founder of Sea Ltd. is ... ( read original story ...)
Singapore-based NRI media entrepreneurs list $100 million SPAC IPO on Nasdaq
Vistas Media Acquisition Company (VMAC) on Friday commenced trading of its $100 million initial public offering (IPO) on Nasdaq. The offering consists of 10,000,000 units at a pri ... ( read original story ...)
Team Singapore bagged 3 medals at World Championships of Performing Arts 2020
Team Singapore representatives bagged 3 medals at the World Championships of Performing Arts (WCOPA) 2020, which showcased remarkable talents of dancers, actors, singers, models and variety artists ... ( read original story ...)
Southeast Asian companies to accelerate IPO plans
Southeast Asian tech and consumer durables companies are mulling over applying for IPO in 2020 while startups in Vietnam are looking at choppy waters. ( read original story ...)
MAS urges finance firms to cap dividends, following similar advice to banks
Finance companies incorporated in Singapore have been urged to cap their dividends, said the Monetary Authority of Singapore (MAS) on ... ( read original story ...)
Singapore c.bank urges finance firms to cap dividends
The Monetary Authority of Singapore said on Friday it had urged finance companies incorporated in the city-state to cap their dividends in order to improve their ability to support the credit needs of ... ( read original story ...)