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Tag: finance

Posted on 28/04/2023

Mankind Pharma IPO’s success raises revival hopes for moribund public issue market

The success of Mankind Pharma’s Rs 4,326-crore IPO, the biggest this year and the third-largest since 2022, augurs well for the moribund public issue market, which has seen just six issues this year.

Posted on 28/04/2023

Credit Suisse Southeast Asia FIG Head Said to Join Deutsche Bank

Credit Suisse Group AG’s head of financial institutions group in Southeast Asia is joining Deutsche Bank AG, according to people familiar with the matter.

Posted on 28/04/2023

DBS and Citi like Singtel’s reorganisation; expects easier value unlocking of infrastructure assets

Singtel's overseas associates have a combined market value of $45 billion, yet Singtel's own market cap is just $42 billion ...

Posted on 28/04/2023

DBS downgrades Suntec REIT to ‘hold’; analysts see ‘mixed performance’ from 1QFY2023 results

There is a “sell” call from OCBC Investment Research and two “hold” calls from CGS-CIMB Research and DBS Group Research.

Posted on 28/04/2023

Singapore retrenchments rise for 3rd straight quarter, unemployment stays low

SINGAPORE: Retrenchments in Singapore rose for the third consecutive quarter though unemployment rates remained low amid robust hiring demand. According to advance labour market estimates released by ...

Posted on 28/04/2023

Significant irregularities in reporting to investors led to Zilingo’s failure: Investor Burda

Burda Principal Investments, one of the leading investors in Singapore-based fashion startup Zilingo, has backed the action against ...

Posted on 28/04/2023

Stock Market Live: Sensex, Nifty 50 likely to start May series on a strong note

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher on the first trading day of the May F&O series. The indices saw the best F&O series in six months in April. Singapore ...

Posted on 28/04/2023

Pertamina Hulu Energi plans US$1.4 billion Indonesian IPO with June debut -sources

The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, plans to debut on the local bourse in June, after raising at least 20 trillion rupiah (US$1.36 billion), two ...

Posted on 28/04/2023

Mankind Pharma IPO fails to attract retail investors

MUMBAI : Billionaire businessman Ramesh Juneja-promoted pharmaceutical company Mankind Pharma Ltd, failed to attract enough retail investors till the closing day of its much-awaited IPO – mirroring a ...

Posted on 28/04/2023

Singapore’s Boom Hits at Least One Speed Bump

Being a global magnet is cool, but it can create local strains, forcing officials to rein in a surging property sector.

Posted on 27/04/2023

Singapore – MAS Information Paper On Corporate Finance Thematic Inspection – Good Practices And Key Findings.

Singapore - MAS Information Paper On Corporate Finance Thematic Inspection – Good Practices And Key Findings. Legal News and Analysis - Singapore - Capital Markets - ...

Posted on 27/04/2023

ABSD raised to pre-emptively dampen property investment demand: Desmond Lee

SINGAPORE - The latest round of cooling measures was aimed at preventing property prices from being pushed up by investors and prioritising Singaporeans buying homes for owner-occupation, said ...

Posted on 27/04/2023

Asia markets largely higher as new Bank of Japan chief chairs first policy meeting

Asia-Pacific market were largely lower on Thursday as investors focus on the Bank of Japan’s first policy meeting led by new BOJ governor Kazuo Ueda.

Posted on 27/04/2023

Singapore property stocks hit by latest round of cooling measures

Property developers that have limited exposure to the residential market are likely to be less affected, say analysts.

Posted on 27/04/2023

Alipay continues regional expansion as speculation of IPO plans begin to resurface

Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...

Posted on 27/04/2023

Number of women brand owners, inventors rising in Singapore: report

The proportion of women brand owners who registered trademarks rose to 23.4% in 2022. More women are participating in intellectual property (IP) management and innovation in Singapore, a recent study ...

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