GIC Makes Share Grab at Glenveagh IPO

Singapore’s GIC Private Limited was revealed to have a 10.2% ownership position in Glenveagh Properties PLC at the Irish homebuilder’s initial public offering (IPO) at October 10th, which saw a 14% increase in Glenveagh’s value from an initial market ... ( read original story ...)

HSBC appoints new CEO to replace retiring Stuart Gulliver

Chairman Mark Tucker says Flint has "great understanding and regard for HSBC's heritage, and the passion to build the bank for the next generation." Flint says he's "humbled by the responsibility." He has represented the group in Hong Kong, Singapore ... ( read original story ...)

HSBC picks John Flint for CEO hotseat

Analysts said given the complexity of HSBC, having two outsiders running the bank would have been a challenge. Flint joined the bank in October 1989 and has worked in Hong Kong, Singapore, Indonesia, Thailand, India, Bahrain, the US and the UK. His first ... ( read original story ...)

Singapore monetary policy on Oct 13: Here’s what to expect

Singapore's growth outlook is brightening amid a resurgence ... Speculation is building among analysts, including from United Overseas Bank, HSBC Holdings and Macquarie Bank, that the MAS may remove that language in its October statement to prepare the ... ( read original story ...)

Cash management: DBS reaps what it sows

Take PriorityPay. It provides clients in Singapore, Hong Kong, China, Taiwan, India and Indonesia with faster and cheaper fund transfers across the DBS network. The bank extended the cut-off time for telegraphic transfers to speed up processing – both ... ( read original story ...)

Singapore stocks drift lower as lenders drag

Singapore stocks edged lower on Wednesday, dragged lower by financial shares such as DBS Group even as Asian equities trading near decade highs on easing Catalan worries. Asian shares rose while the euro hovered near a 10-day peak after Catalonia's leader ... ( read original story ...)

Singapore Shares May Find Traction On Thursday

(RTTNews.com) - The Singapore stock market has finished lower in consecutive trading days, falling almost a dozen points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,280-point plateau although it may stop the bleeding on ... ( read original story ...)

Ayondo Targets IPO At Singapore Exchange

Financial technology group ayondo remains on track to be the first FinTech company to be listed in Singapore. It will seek a listing through an Initial Public Offering (IPO) instead of the Reverse Takeover (RTO) as announced in mid-2016. The RTO was ... ( read original story ...)

Ayondo Pursues IPO After Reverse Takeover Deal Lapses

Here’s a quick update on our report a few weeks back that social trading company ayondo would not be undergoing a reverse takeover (RTO) IPO due to a lapsed bid from Singapore-based property developer, Starland Holdings. Today, ayondo has announced that ... ( read original story ...)