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Tag: finance

Posted on 13/11/2024

Invest in what works instead of ‘buying insurance’ to keep Singapore successful: SM Lee

SM Lee was sharing his insights on governance at the Edwin L. Godkin Lecture during his US trip. Read more at straitstimes.com.

Posted on 13/11/2024

Niva Bupa IPO: Listing share price prediction – What GMP signals for stock debut on NSE, BSE

The company had fixed a price band in the range of Rs 70 to Rs 74 per share for its Rs 2200 crore IPO. One lot contained 200 shares, which translates to a minimum investment of Rs 14,800. The 3-day ...

Posted on 13/11/2024

Blackbuck IPO sees 24% subscription on day 1

Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, opened its initial public offering (IPO) on Wednesday, with investors subscribing to 24% of the total shares ...

Posted on 13/11/2024

Swiggy’s India IPO Defies Weak Market With 17% Listing Gain

Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, driven by strong investor interest in India’s burgeoning quick-commerce ...

Posted on 13/11/2024

Niva Bupa headed for flat to negative listing? Here’s what grey market premium indicates

The IPO received a decent subscription of 1.9 times ... Under the OFS, Fettle Tone LLP sold shares to the tune of ₹1,050 crore and Bupa Singapore Holdings Pte Ltd offloaded shares valued ₹350 crore.

Posted on 13/11/2024

Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator

The UK government plans to leave scrutiny of Shein’s pursuit of a stock listing in London to the country’s financial regulator, sparing the Chinese fast-fashion retailer the sort of in-depth review of ...

Posted on 13/11/2024

Singapore artwork paying homage to days past wins 2024 UOB Southeast Asian Painting of the Year Award

In recognition of the Bank's long-term commitment to art, UOB was presented with the Singapore National Arts Council's Distinguished Patron of the Arts Award for the 18 th consecutive year in 2022.

Posted on 13/11/2024

Singapore seeks to raise issuance of govt securities to $1.5 trillion to grow CPF, local debt market

The increase has no impact on the Government’s fiscal or net financial positions. Read more at straitstimes.com.

Posted on 13/11/2024

OCBC has enough capital for M&A, business growth: CEO Helen Wong

OCBC’s wealth revenue includes income from its private bank – Bank of Singapore – as well as lower-rung consumer, insurance and brokerage units. OCBC continues to be on the lookout for deals, with ...

Posted on 13/11/2024

10 Best Savings Accounts in Singapore with the Highest Interest Rates (Nov 2024)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

Posted on 13/11/2024

87% of financial controllers in Singapore expect their role to change drastically by 2030: EY

In Singapore, 87% of financial controllers expect their role to change drastically by 2030, with 50% expecting a heightened focus on value creation, the 2024 EY DNA of the Financial Controller report ...

Posted on 13/11/2024

Singapore pledges up to US$500 million to finance climate action in Asia

With climate finance weighing heavily at the UN COP29 in Azerbaijan, Singapore announced that it will commit up to US$500 million to a national initiative to channel financing to decarbonise Asia.

Posted on 13/11/2024

Man spun stories to allegedly cheat six people into giving him $25k

SINGAPORE - A man who spun stories ranging from credit card ... On another occasion in April 2024, he allegedly told a third victim that his POSB account was frozen and dishonestly induced her into ...

Posted on 13/11/2024

Temasek Trust invests US$50 million in HSBC-held Tekoma Energy

TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. Read more at The Business Times.

Posted on 13/11/2024

Standard Chartered has partnered with Wise Platform to transform international payments experience

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...

Posted on 13/11/2024

DBS lowers TP for Acrophyte Hospitality Trust formerly known as ARA US Hospitality Trust to 25 US cents

The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...

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