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Tag: finance

Posted on 07/11/2024

Meet Canny the chameleon: Association of Banks in Singapore unveils anti-scam mascot

It was the winning entry of the ABS Anti-Scam Mascot Design Competition in June. Read more at straitstimes.com.

Posted on 07/11/2024

Kingdom draws $100 million investment from Singapore

Bahrain Economic Development Board (Bahrain EDB) has reported attracting over $100 million in investment commitments from Singapore-based companies since November 2023 across key sectors, namely ...

Posted on 07/11/2024

Niva Bupa Health Insurance IPO: Price Band, Financials, Risks — All You Need To Know

Know all about the use of proceeds, business details and more regarding Niva Bupa's initial public offering, which opens on Thursday.

Posted on 07/11/2024

Citi and Fidelity Announce Tokenized Money Market Fund Launch at Singapore FinTech Festival

Financial giants Citi and Fidelity International announced the details of their first-of-its-kind proof-of-concept tokenized money market fund.

Posted on 07/11/2024

Maersk ordered to pay US$39mn to UOB in Hin Leong misdelivery claim

A Singapore court has ordered Maersk Tankers to pay more than US$39mn to UOB after it delivered a cargo of gasoil to since-collapsed commodity trader Hin Leong without the presentation of original ...

Posted on 07/11/2024

DBS says Trump win could boost SGX, SATS but negatively impact REITs

SINGAPORE: As the United States approaches its pivotal elections, experts from DBS Bank are closely monitoring the potential ramifications for Singapore’s equity markets. According to their analysis, ...

Posted on 06/11/2024

Singapore’s PM Wong reaffirms commitment to strengthening ties with US under President-elect Donald Trump

Singapore is familiar with Trump as he had visited the Republic during the Trump-Kim Summit in 2018, said PM Wong. Read more at straitstimes.com.

Posted on 06/11/2024

Niva Bupa Health Insurance IPO opens tomorrow: Price band & GMP among 10 things to know before subscribing to the issue

Niva Bupa Health Insurance Company's initial public offering (IPO) will open for public bidding on Thursday, November 7, and will close on Monday, November 11. The healthcare insurer has fixed the ...

Posted on 06/11/2024

Jail for woman who let her firm’s bank account receive scam benefits totalling over $1m

Chen Binjue committed the offence after she got involved in a scheme with a money laundering syndicate. Read more at straitstimes.com.

Posted on 06/11/2024

Singapore faces increased risks of higher costs, slower growth as Trump’s win makes for a more protectionist climate

THE export-driven Singapore economy is bracing for the likelihood of higher tariffs globally as unofficial results show former United States president Donald Trump has clinched a second term. Read ...

Posted on 06/11/2024

Singapore leads Asean in fintech investment and deals for 9M 2024: report

SINGAPORE bagged US$745 million in fintech investment in the first nine months of 2024, with the sum making up more than half the fintech funding going into Asean. The Republic has cornered the lion’s ...

Posted on 06/11/2024

Singapore government cements its position as largest FPI in India

The actual portfolio value of the Singapore government may be higher since the fund may have made small-ticket investments in some companies. It invests in listed companies through various funds, the ...

Posted on 06/11/2024

Niva Bupa IPO: ₹2,200 crore issue opens on Thursday; Know GMP and other details

This will be the second standalone health insurer looking to float an IPO, after Star Health & Allied Insurance Company.

Posted on 06/11/2024

Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC

HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion, including from global investors Vanguard Group and Singapore ...

Posted on 06/11/2024

Singapore dollar weakens against US dollar, with the greenback gaining on most currencies as election wraps up

UOB said in a research note on Tuesday that the Singapore dollar is around 1.3215 against the US dollar, but that could edge lower to 1.312. “While we expect USD/SGD to rise further towards 1.327...

Posted on 06/11/2024

Sebi gives nod to Rubicon Research, Sai Life Sciences, others to float IPOs

The Rs 1,085-crore IPO of Rubicon Research is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of shares valued at Rs 585 crore by the promoter, General ...

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