Both IPOs would solidify Southeast Asia’s current status as a global IPO hot spot. Read more at straitstimes.com.
Indian manufacturer Ola Electric prepares to begin IPO talks
According to a report by Asia Financial, the Indian electric vehicle company will begin talks with potential investors in Singapore and the United States about its planned stock market offering.
Liquidity risks low for Singapore banks though funding costs will rise in 2H2023: Bloomberg Intelligence
Singapore’s lenders’ LCR ratios remain healthy as at 1QFY2023 despite the rising interest rates, say the analysts.
ASIA’S BANKING, PAYMENTS, E-COMMERCE AND RETAIL LEADERS TO GATHER IN SINGAPORE THIS MONTH FOR THE FIRST TIME IN MORE THAN FOUR YEARS AT SEAMLESS ASIA
SINGAPORE, June 16, 2023 /PRNewswire/ -- Seamless Asia ... Terrapinn Pte Ltd. "Over recent years, the payments, banking and e-commerce sectors have been at the forefront of innovation. Now is the ...
Continued Support Called For Singapore Stock Market
The Singapore stock market has climbed higher in back-to-back trading days, collecting almost 55 points or 1.7 percent along the way.
Stock Market Live: Sensex, Nifty 50 likely to open higher, most Asian indices in the green
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 44 points ...
Manufacturing weakness shrinks Singapore economy growth forecast for 2023
Considering the global external headwinds, DBS lowered Singapore’s 2023 full-year growth forecast to 1.7% from 2.2% earlier this week. “We think trade-related sectors, including manufacturing and ...
HSBC to big four: our institutional bank in Asia is bigger than you
As ANZ and CBA build up institutional banking services, the world’s 8th largest bank says it is the top regional player and targeting more Australian companies.
IPO Update: SAG Holdings Adjusts Terms For $8.7 Million U.S. IPO
SAG Holdings has produced uneven revenue growth and is subject to various currency and regulatory risks. Read why I have a bearish view on SAG IPO.
Siemens to Make €2 Billion Investment to Boost High-Tech Plants
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore and an expansion at its Chinese plant in Chengdu.
Siemens to invest US$2.2 billion to ramp up global production; plans new plant in Singapore
ZURICH: Siemens will spend €2 billion (US$2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday (Jun 15), as it gears up to meet increased demand ...
Siemens to invest $2.2 bln to ramp up global production
Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by ...
Eight arrested in SG over links to mobile phone malware which resulted in unauthorised banking transactions
Eight people, aged between 19 and 35, were arrested for their alleged involvement in a recent spate of banking-related malware incidents.
8 individuals arrested for alleged involvement in spate of banking-related malware incidents
Unauthorised transactions were made from victims’ banking accounts even though they did not divulge their OTP to anyone. Read more at straitstimes.com.
‘Greenest’ of the three, OCBC also has dividend upside
In terms of business direction, OCBC is said to have the sharpest Greater China focus among the local banks. Hong Kong, China and Macau account for 24.6% of OCBC’s loan portfolio. However, Wong sees ...
UOB deepens its roots in Asean ‘phygitally’
In 2011, even before President Xi Jinping of China launched his Belt and Road Initiative (BRI), UOB had already foreseen the potential of Asean by forming its Foreign Direct Investment (FDI) Advisory ...