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Tag: finance

Posted on 28/01/2025

HSBC: Asian markets showing signs of resilience

Analysts highlight overweight stock positions across Asian markets such as India, Japan and Singapore, aiming to leverage strong domestic growth and manage exposure to geopolitical uncertainties.

Posted on 28/01/2025

DBS raises stake in Shenzhen Rural Commercial Bank

The investment aligns with the Group's strategy to focus on its core markets and broaden its presence in the Greater Bay Area.

Posted on 28/01/2025

IPO-bound Zepto completes reverse flip to become Indian parent entity

The NCLT had earlier approved Zepto’s plan to re-domicile to India through an order dated January 9, which allowed Kiranakart Technologies Private Limited, the Indian entity operating Zepto, to become ...

Posted on 28/01/2025

Zepto completes domicile shift from Singapore to India

Quick commerce platform Zepto has completed the reverse merger from Singapore to India ahead of its initial public offering (IPO), chief financial officer (CFO) Ramesh Bafna announced on LinkedIn.

Posted on 28/01/2025

Zepto Moves Domicile To India From Singapore Ahead Of IPO

Quick commerce unicorn Zepto has shifted its domicile back to India from Singapore ahead of its initial public offering (IPO).

Posted on 28/01/2025

Quick commerce unicorn Zepto completes reverse flip from Singapore to India

Sharing the update, Zepto co-founder and chief executive officer, Aadit Palicha, said the company has received formal approval from Singaporean courts and the National Company Law Tribunal (NCLT) ...

Posted on 28/01/2025

Zepto completes reverse flip from Singapore to India

Zepto had started work on flipping its base back to India around June last year, CEO Aadit Palicha had told Moneycontrol in an interview earlier.

Posted on 28/01/2025

ANZ’s Singapore-based credit trading team poached by Standard Chartered, report says

SINGAPORE – The entire Singapore-based credit trading team of Australian bank ANZ has been poached by rival bank Standard Chartered, according to Australian media on Jan 28. The Australian newspaper ...

Posted on 28/01/2025

Trio of ANZ Credit Traders Leaves to Join Standard Chartered

Some senior ANZ Group Holdings Ltd. credit traders are departing the Australian lender to move to Standard Chartered Plc., according to people familiar with the matter.Most Read from BloombergWhat ...

Posted on 28/01/2025

Singapore shares rise before Chinese new year break; STI up 0.1%

The placid scenes in Singapore were in stark contrast to Wall Street, which was roiled by the bombshell launch of Chinese artificial intelligence (AI) company DeepSeek, whose sophisticated but bargain ...

Posted on 28/01/2025

Singapore Dollar, Other Asian Currencies Weaken on U.S. Tariff Threats

Singapore dollar and other Asian currencies weakened against the greenback in the Asian session on U.S. tariff threats.

Posted on 28/01/2025

Asia requires ‘wisdom, charm and a strong intuition’ to navigate Snake Year: HSBC

HSBC is “underweight” Singapore equities, given its strong performance in 2024. The banks are likely to see their earnings “muted” over the next one to two years with the Fed continuing to cut rates.

Posted on 28/01/2025

A Trio of ANZ Credit Traders Depart to Join Standard Chartered

Some senior ANZ Group Holdings Ltd. credit traders are departing the Australian lender to move to Standard Chartered Plc., according to people familiar with the matter.Most Read from BloombergWhat ...

Posted on 28/01/2025

Standard Chartered still undervalued despite rally, says CEO

Standard Chartered shares still have potential to soar even after an 85% increase in the stock over the past year, according to CEO Bill Winters.

Posted on 28/01/2025

Jefferies targets DBS shares to hit $49; UOB to hit $42; OCBC to reach $19 ahead of 4QFY2024 results

Analysts Sam Wong and Shujin Chen predict a $2 billion share buyback programme for UOB, a ‘modest increase’ in DBS’s annual dividend and limited near-term scope for OCBC.

Posted on 28/01/2025

Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout

Data centre-related real estate investment trusts (Reits) in Singapore already fell on Jan 27 on the back of the saga surrounding DeepSeek. Keppel DC Reit dropped about 8 per cent to $2.09 by Jan 27’s ...

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