SINGAPORE shares began Tuesday (Sep 10) trading in positive territory, mirroring overnight gains in global markets. Read more at The Business Times.
It’s time to overhaul the Singapore stock market
Last year marked the worst year for listings since the Singapore Exchange (SGX) opened its doors in 1999. It had just six initial public offerings (IPOs) in 2023, down from 11 in 2022. Funds raised came up to S$47.2 million, a whopping 92 per cent decline from the year before.
Thai stock market rallies as state-backed $4.5bn fund gears up
Investors have snapped up a wide range of stocks. State-owned oil and gas company PTT, which has a large market capitalization, gained around 3%, while Siam Cement Group advanced by more than 2%. Retail property developer Central Pattana was up nearly 5% at one point.
Blockbuster IPOs in HK, KL could be start of more in Asia as investor confidence returns
A successful listing by a well-known company like Midea is expected to revive the Hong Kong market, where just US$2.5 billion in IPO funds has been raised this year, compared with US$22.1 billion ...
Standard Chartered CEO Expects More ‘China Bashing’ From Harris, Trump
Standard Chartered Chief Executive Officer Bill Winters says both US presidential candidates agree on "China bashing," but that neither Donald Trump nor Kamala Harris has been "overwhelmingly ...
Asian stock market set to bounce back after shaky start, analysts say
SINGAPORE: In the wake of a turbulent first week of September, observers remain optimistic about the resilience of the Asian stock market. Despite a sell-off, analysts believe these markets can bounce ...
Investing in Singapore: A Comprehensive Guide
Singapore's economy demonstrated resilience with a 2.9% GDP growth in Q2 2024. The country is highly favored by investors due to its economic stability, robust real estate market, attractive dividend ...
Bajaj Housing Finance’s $782 million IPO fully subscribed in busy week for Indian floats
Bajaj Housing Finance's $782 million public offer was fully subscribed on the first day of bidding on Monday, kicking off the busiest week for Indian IPOs so far this year as companies seek to ...
Singapore stocks fell on Monday—STI dropped by 0.2%
The S&P 500 dropped 1.7% to 5,408.42. The tech-heavy Nasdaq Composite Index also declined, falling 2.6% to 16,690.83 ...
Weekly Singapore Stock Market Round Up: REITs Shine, but STI Faces Pressure
The Singapore Straits Times Index (SGX: ^STI) finished the week slightly lower, mirroring the broader global market volatility. While several REITs reached new highs, concerns over the US job data and ...
Calvin Ong to Lead DBS Consumer Banking in Singapore from 2025
DBS has announced that Calvin Ong will take over as Head of Consumer Banking Singapore starting from 1 January 2025.
GIC-Backed Nium Pushes Back IPO Plans to Refocus on Growth
Singapore payments company Nium Pte is pushing back its plans for an initial public offering in the US by more than a year, focusing on shoring up its team and growing revenue.
From roadside stall to Malaysia’s biggest IPO in seven years: Wheelchair-bound Lee Thiam Wah is a billionaire as 99 Speedmart goes public today
The financial news site says its initial public offering of RM1.65 per share — Malaysia’s largest in seven years — will make Lee’s fortune at around US$3.3 billion (RM14 b ...
99 Speed Mart opens 12.1% higher on debut in Malaysia’s biggest IPO in seven years
Malaysia's 99 Speed Mart Retail opened higher in its stock market debut on Monday after the country's top mini-market chain retailer raised 2.36 billion ringgit ($542.8 million) in the country's ...
Singapore’s UOB wants to dominate US$2 trillion trade finance market in Southeast Asia
UOB has only 1 per cent of the trade financing market in the region, leaving a huge room for the bank to build its dominance United Overseas Bank (UOB), Singapore's third-largest lender by assets, is ...
Bajaj Housing Finance IPO: Top 10 things to know — GMP, anchor investors, price band, shareholder quota & more details
The ₹6,560-crore IPO opens for public subscription on September 9, closing September 11. The sale aims to meet RBI’s requirement for NBFCs to be listed by September 2025.