Oversea-Chinese Banking Corp, Singapore’s second-largest lender, told some international clients to show proof of residence in the city state to avoid having their accounts shut, a signal of ...
Temasek leads US$210 million fund-raising round for India start-up Rebel Foods ahead of planned IPO
REBEL Foods, a startup that specialises in online-only restaurants, unveiled a US$210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Read more ...
Singapore faces higher ai-driven security risks as a global AI leader: NetApp
As an AI-leading country, Singapore faces a higher incidence of AI-driven security challenges compared to AI-lagging nations. In a report, NetApp said data privacy and security concerns have remained ...
IPO-bound Rebel Foods raises $210 million in funding round led by Temasek
Other participants included existing investor Evolvence. The Series G round which was a mix of primary and secondary share sales also facilitated exits for certain investors, the company said ...
Singapore stocks fell as trading began on Thursday—STI slipped 0.1%
SINGAPORE: Singapore stocks fell as trading began on Thursday (Dec 12), weighed down by declines in major bank shares after mild US inflation data raised hopes for an interest rate cut this month. The ...
Exclusive-Shein IPO: UK regulator decision slowed by NGO challenge, sources say
Britain's financial regulator is taking longer than usual to approve fast-fashion retailer Shein's IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy ...
Temasek leads $282m fundraising round for India start-up Rebel Foods ahead of planned IPO
BENGALURU – Rebel Foods, a start-up that specialises in online-only restaurants, unveiled a US$210 million (S$282 million) funding round, ahead of an initial public offering (IPO) the company is ...
Rebel Foods raises $210 million funding ahead of planned 2026 IPO
Rebel Foods was founded by McKinsey & Co. alumnus Jaydeep Barman with the goal of building a range of online-only brands ...
Singapore Dollar Strengthens Slightly Amid Fed Cut Expectations
The Singapore dollar strengthened slightly against its U.S. counterpart amid expectations for a Fed rate cut next week.
Ex-Citibank employee implicated in $3b money laundering saga to plead guilty
A former banking relationship manager, who allegedly facilitated offences contributing to Singapore’s largest money laundering case, will plead guilty to 10 charges, including money laundering and ...
Analysts upgrade Singapore’s GDP growth for 2024, but see slower year ahead
Economists have upgraded Singapore's GDP growth for this year, on the back of new export orders, especially in electronics. In a quarterly survey conducted by the central bank, analysts say ongoing ...
Singapore robotics startup pushes U.S., Japan foray with new funding
SINGAPORE -- Eureka Robotics, a spinoff from Singapore's Nanyang Technological University (NTU), is entering the U.S. market next year and expanding its presence in Japan following a $10.5 million ...
HSBC’s CEO eyes $3 bil in potential savings from overhaul
Since taking charge in September, Elhedery has already cut the size of his own group executive committee by about a third.
Singapore Bank OCBC Tightens Scrutiny on International Clients
Oversea-Chinese Banking Corp., Singapore’s second-largest lender, told some international clients to show proof of residence in the city state to avoid having their accounts shut, a signal of ...
Singapore’s youngest billionaire Kishin RK, father set up Abu Dhabi family office
Singapore’s father and son billionaire duo, Raj and Kishin Kumar, are establishing a family office in Abu Dhabi to manage their wealth in the Middle East.
Former bank employee implicated in $3b money laundering saga to plead guilty
A former banking relationship manager, who allegedly facilitated offences contributing to Singapore’s largest money laundering case, will plead guilty to 10 charges, including money laundering and ...