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Tag: finance

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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.

Posted on 09/09/2024

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.

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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 ...

Posted on 09/09/2024

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.

Posted on 09/09/2024

Singapore-based fund to invest up to $10 million in Philippines solar company

Solar firm Upgrade Energy Philippines is seeing brighter growth prospects after securing a substantial investment from Singapore-based Clime Capital Management Pte. Ltd. Clime Capital, a fund ...

Posted on 09/09/2024

Singapore fund manager to invest in Upgrade Energy

Clime Capital Management Pte. Ltd., a Singapore-based fund manager which manages the South East Clean Energy Fund II (SEACEF II), said up to $10 million would be made available to Upgrade Energy ...

Posted on 08/09/2024

Bajaj Housing Finance IPO: Top 10 things to know — date, anchor investors, price band, GMP, shareholder quota & 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.

Posted on 08/09/2024

Dozens to face first-ever charges under anti-scam laws criminalising sharing of Singpass, bank details

One person is accused of allowing a stranger to control their bank account, which was then used to launder more than S$300,000 of criminal proceeds.

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