Tag: finance

Higher credit card and car loans pushed bank lending up. Singapore bank lending rose 8.5% YoY in February 2018 and hit its strongest pace in three years, up from an 8.3% climb in January. According to RHB Research, this was mainly on the back of stronger ... ( read original story ...)

Even though the Asia-Pacific experienced a drop in IPO activity, it remained the world's busiest region for new listings in the first quarter of this year; in part because of activity in South-east Asia, EY said. Mr Max Loh, EY's Asean and Singapore ... ( read original story ...)

The Singapore stock market turned decidedly lower again on Wednesday, one session after it had snapped the four-day losing streak in which it had tumbled more than 100 points or 2.9 percent. The Straits Times index now rests just above the 3,380-point ... ( read original story ...)

Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), finished Wednesday at 3,382.8, slumping 56.6 points or 1.6%. Of the 30 index components, 25 were in the negative territory ... ( read original story ...)

SINGAPORE - China outlet mall operator Sasseur Real Estate Investment Trust (Reit) on Wednesday made its first appearance on the Singapore bourse - opening at S$0.805 per unit, above its offer price. As at 10.31am on Wednesday (March 28), units in Sasseur ... ( read original story ...)

SINGAPORE - China outlet mall operator Sasseur Real Estate Investment Trust (Reit) on Wednesday made its first appearance on the Singapore bourse - opening at S$0.805 per unit, above it's offer price. As at 10.31am on Wednesday (March 28), units in Sasseur ... ( read original story ...)

Its IPO follows a steady pipeline of Chinese firms ... anxious not to lose out to rival exchanges in Hong Kong, New York and Singapore. The CSRC had previously actively blocked technology start-up flotations if their ownership structures and profitability ... ( read original story ...)

SINGAPORE (REUTERS) - Uber is revving up for an initial public offering by exiting another cut-throat market. On Monday, the US ride-hailing giant said it would hand its South-east Asian arm to Grab, a US$6 billion local rival, and take 27.5 per cent of ... ( read original story ...)

In the first initial public offering (IPO) of a real estate investment trust (Reit) in Singapore this year, Sasseur Reit is offering 266.6 million units at 80 cents each. This consists of 13.8 million shares for the public, with the rest being 252.8 ... ( read original story ...)

With its lead oncology drug in a pivotal study for biliary tract cancer and a slate of key catalysts coming up in other trials, Singapore-based Aslan Pharmaceuticals has filed for an IPO on Nasdaq, with plans to raise around $86 million. Helmed by Carl ... ( read original story ...)

Ping An Real Estate-backed Sasseur REIT has driven Singapore’s biggest equity offering this year by raising S$396.0 million ($301.7 million) via a public listing on the Singapore Exchange. Chinese e-commerce giant JD.com is among the REIT’s cornerstone ... ( read original story ...)

ayondo, a Global Financial Technology group, today celebrated its first day trading of its shares on the Catalist board of the Singapore Exchange Securities ... The market capitalization of ayondo at IPO is about S$130.7 million. ( read original story ...)