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 ...
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.
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 ...
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.
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.
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 ...
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 ...
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 ...
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.
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 ...
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.
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 ...
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 ...
Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%
In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...
Forty-four IPOs and counting: Malaysia’s IPO surge reflects investor confidence in local bourse, outpacing regional markets
Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in ...
COP29: Singapore to commit US$500 million as concessional capital for climate action
THE Singapore government will commit US$500 million as concessional capital to support a blended-finance initiative launched by its central bank last year, said Sustainability and Environment Minister ...