Alibaba Group Holding Ltd. called off an initial public offering for its Cainiao logistics arm in Hong Kong, shelving a US$1 billion ($1.35 billion)-plus deal in a surprise move that underscores its ...
Top three countries in South East Asia to show interest in personal finance revealed
The people of Singapore, Thailand and Brunei are the most interested in personal finance management according to analysis by UnaFinancial based on search queries related to personal finance management ...
Singapore asset managers can play key role in decarbonisation and digitalisation: MAS chief
He noted that they are well-placed to do so as they have always been in the forefront of change. Read more at straitstimes.com.
China’s flight suspensions are bad for Singapore ties
Flights between the city-state and China’s Chongqing and Chengdu will be halted less than five months after they began. For the second time in a year that the Singapore Airlines's flights to China hav ...
E-Commerce Giant Alibaba Halts Logistics Unit IPO As Valuation Slides
Alibaba Group is further retreating from a corporate overhaul announced a year ago by calling off an initial public offering for logistics unit Cainiao.
SBI, BOB, HDFC, ICICI Bank shares: Investors in Singapore, Hong Kong find PSB stocks interesting, say this on private lenders
Institutional investors, Nomura India said, largely believe that the worst may be behind for HDFC Bank share price. Most investors are also comfortable with a potential low-teens loan growth outlook o ...
Yen stabilises after finance minister comments, dollar dips
The yen found some stability on Tuesday, just shy of its weakest level in 34 years, as verbal intervention by Japanese officials continued, while the dollar was on the back foot. The euro was last up ...
$3b money laundering accused gets 6 new charges for submitting forged statements to Swiss bank
Vang now has 22 charges in total, the most number of charges faced among the 10 accused. Read more at straitstimes.com.
Alibaba Scraps Spinoff Plan as Hong Kong IPO Woes Worsen
The Chinese internet company has abandoned plans to spin off its logistics arm Cainiao, dealing a blow to Hong Kong’s beleaguered initial public offering market.
Zoth Expands Its On-Chain Trade Finance Facility in Singapore Through the XDC Network
SINGAPORE, SINGAPORE / ACCESSWIRE / March 26, 2024 / Zoth , a real-world assets (RWA) protocol that bridges traditional finance with on-chain finance has successfully scaled its on-chain trade finance ...
Singapore stocks gain as regional markets end mixed, STI up 1.1%
Elsewhere in the region, South Korea’s Kospi climbed 0.7 per cent, after hitting a two-year high earlier in the day. Other indices that closed higher were Hong Kong’s Hang Seng Index, which climbed ...
4 Singapore REITs with Dividend Yields Higher Than the CPF Ordinary Account and Singapore Savings Bonds
Looking to earn higher returns than your CPF OA or SSB? These four REITs will provide you with that opportunity. The post 4 Singapore REITs with Dividend Yields Higher Than the CPF Ordinary Account ...
Jaishankar’s Singapore visit presented opportunity to deepen strategic partnership: MEA
External Affairs Minister S Jaishankar's visit to Singapore and his meetings with the country's top leadership presented an opportunity to take stock of the progress in several areas of cooperation ...
Singapore Industrial Output Shows Surprising Strength, But Recovery Not a Given yet — Update
By Fabiana Negrin Ochoa Singapore's manufacturing output was stronger than expected in February, picking up pace from the prior month in a possible sign ...
Singapore ranked 6th most resilient city in latest global index
Singapore was ranked twelfth the last time the index was published. Big leap upward in the number of people making SG their home ...
Bank trainees role-play as malware hackers in new training course to spot, assist scam victims
The example was an exercise in a new two-day course, jointly developed by Singtel, UOB and Singapore Institute of Management (SIM). It offers large enterprises a customised training programme to help ...