Temasek picks 5% in AU Small Finance for Rs 1,000 cr

AU Small Finance Bank, today said Singapore-government owned investment firm, Temasek, has picked up 5 percent stake in the bank for Rs 1,000 crore. The company said this transaction would be one of largest primary capital infusions in the bank. ( read original story ...)

Time to beat Singapore, says Guan Eng

CYBERJAYA, June 19 — It was time Malaysia beat Singapore at its own game and gave the island nation healthy economic competition, Finance Minister Lim Guan Eng said today. Speaking to entrepreneurs at the launch of the Malaysian Global Innovation and ... ( read original story ...)

Singapore Stock Market May Test Support At 3,300 Points

The Singapore stock market has finished lower in four straight trading days, surrendering more than 115 points or 3.6 percent along the way. The Straits Times Index now rests just beneath the 3,325-point plateau and it may open under pressure again on Tuesday. ( read original story ...)

StanChart is said to plot Asia hubs in Singapore, Hong Kong

LONDON: Standard Chartered Plc plans to create two new hubs for its Asian operations in Singapore and Hong Kong to simplify the emerging market lender’s extensive network and reduce costs, people familiar with the plan said. The bank has drawn up plans ... ( read original story ...)

Standard Chartered eyes 2 separate hubs in Asia

In order to make operations simpler, Standard Chartered Plc intends to make two new hubs for its operations in Asia. One hub will be in Singapore while the other will be set up in Hong Kong. Sources said the company hopes to simplify its extensive network ... ( read original story ...)