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) ...
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.
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 ...
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 ...
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 ...
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.
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.
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 ...
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.
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.
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 ...
Singapore Shares Likely To Open In The Red On Tuesday
The Singapore stock market has moved lower in consecutive trading days, easing almost 10 points or 0.3 percent in that span. The ...
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial ...
Citi maintains neutral stance on Keppel REIT stock with SGD0.90 target
Despite these positive aspects, the report expressed caution regarding Keppel REIT (OTC:KREVF)'s future share price performance. High leverage, with a debt-to-equity ratio of 0.51, was cited as a ...
Investment sales volume grows by 13.3% YoY in Q4 2024
During Q4 2024, investment volume was around $7b, according to Colliers. Singapore’s investments for the fourth quarter of 2024 (Q4 2024) grew by 13.3% year-on-year (YoY) to $26.6b despite declining ...
Etiqa launches Singapore’s first takaful insurance product in years
Demand for Islamic financial products from the Middle East and Southeast Asia is growing. Etiqa Insurance Pte Ltd. has launched Singapore’s first takaful insurance product in more than a decade, as it ...