Indian fintech firm Paytm's initial public offering (IPO) of up to 183 billion rupees (US$2.47 billion) was subscribed 48per cent on the second day of the issue period, receiving bids for 23.5 million ... ( read original story ...)
DBS goes big with sterling debut
DBS paid a minimal premium as it raised £1bn with its first covered bond in sterling on Tuesday morning. The volume eclipsed the £850m of five year paper raised by compatriot United Oversea Bank on ... ( read original story ...)
Paytm’s IPO Subscribed 48% On Second Day Of Issue
Paytm's share sale via initial public offer, the country's biggest-ever, was subscribed 48 per cent at the end of the second day of the issue ... ( read original story ...)
Paytm IPO half covered on Day-2 on interest from retail investors
The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers ... ( read original story ...)
Singapore’s Monetary Authority official slams cryptocurrencies as poor store of value
At the Singapore FinTech Festival, Ravi Menon, Managing Director at MAS shared his thoughts on the future of money, finance, and the internet. ( read original story ...)
How BNPL firm Atome plans to use its $500 million investment from Standard Chartered
Lei Chen of Advance Intelligence Group, the parent company of Atome Financial, says that in addition to scaling and giving a pricing advantage, the investment and strategic partnership will allow them ... ( read original story ...)
Fully founder-owned and now worth $4b: How Singapore’s TDCX did it
The Singapore-headquartered BPO firm shrugged off VC firms in its 21 years of operation. It’s now a public company listed on the New York Stock Exchange. ( read original story ...)
Solar Panels in Singapore: Expert Answers 6 Questions on How to Install Them in Your Home
Installing solar panels to generate green electricity for your home in Singapore is one way you can cut down your carbon footprint and save money. We asked Solar AI 6 questions and got their expert ... ( read original story ...)
Singapore prepares to rock softly as Covid music ban partially relaxed
Singapore is lifting its controversial ban on music in restaurants and bars as part of an easing of coronavirus restrictions -- but authorities have warned business owners they must still keep the ... ( read original story ...)
Singapore examines central bank digital dollar for retail
Code-named “Project Orchid,” the project will focus on the technology infrastructure and technical competencies needed to issue a digital Singapore dollar. ( read original story ...)
Singapore banks, SGTraDex to develop standards for green trade finance digitalisation
UOB, DBS, OCBC, and Standard Chartered are participating in the initiative. A consortium of four major commercial banks in Singapore and the Singapore Trade Data Exchange (SGTraDex) have collaborated ... ( read original story ...)
After Tepid First Day, Bidding For Paytm IPO Opens On Day 2
Paytm's IPO consists of a fresh issue of Rs 8,300 crore and an offer for sale (OFS) by existing shareholders worth Rs 10,000 crore. ( read original story ...)
Sapphire Foods IPO opens today: Here’s everything you need to know
Sapphire Foods, an omnichannel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent is backed by marquee investors such as Samara Capital, Goldman Sachs, CX ... ( read original story ...)
Paytm IPO subscribed 18% on Day 1; Sapphire Foods IPO opens today
The Rs 2,073-crore IPO of Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, opens to public on Tuesday. For Paytm IPO, it will be second day. The Sapphire issue, with a price band of ... ( read original story ...)
MAS’ Ravi Menon on crypto, stable coins and CBDCs: is a “digital Singapore dollar” feasible?
As part of, Ravi Menon, Managing Director of Monetary Authority of Singapore (MAS), talked today (November 9) about the future of money, finance and the Internet, likening these three pillars to Roman ... ( read original story ...)
Singapore Stock Market Tipped To Add To Its Winnings
The Singapore stock market has tracked higher in back-to-back trading days, gathering almost 45 points or 1.4 percent along the way. The Straits Times Index now sits just above the 3,260-point plateau ... ( read original story ...)