Global stocks hovered at a record high on Friday after the European Central Bank cut interest rates for the first time in five years and traders waited on crucial U.S. monthly jobs data for clues ...
China’s Shein faces laundry list of concerns over possible London IPO
After the Singapore-headquartered online fashion giant pulled out of a plan to list in New York because of regulatory and political pushback, London was mooted as a potential destination, an idea ...
Singapore banks could issue capital securities to optimise their capital structure: Bloomberg Intelligence
All three banks have the potential to optimise their capital structure by issuing capital securities as their sizeable buffers – due to regulatory requirements – are mainly built on excess costly ...
Singapore, Ethiopia Serve As Gateways to Enhance Links Between Southeast Asia & Africa: PM Wong
Singapore’s Prime Minister and Minister for Finance Lawrence Wong said that there is scope for Singapore and Ethiopia to serve as gateways to enhance links between Southeast Asia and Africa. PM Wong ...
Waystar Prices IPO at Midpoint to Raise $968 Million
Most Read from Bloomberg Behind ‘Suicide Squad,’ the Year’s Biggest Video-Game Flop Billionaire-Friendly Modi Humbled by Indians Who Make $4 a Day A Struggling Business Park Deals a Blow to ... the ...
EQT-Backed Waystar Weighs Pricing IPO Around Mid-Range
Health-care payments software maker Waystar Holding Corp. is considering pricing its initial public offering around the midpoint of its marketed range, according to people familiar with the ...
Richard Li’s FWD keeps ‘close eye’ on market amid rumours insurer will refile for IPO
FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.
Fund managers give cool reception to prospect of Shein London IPO
Richard Buxton, a former long-standing UK equity fund manager, told the Financial Times: “Whilst the LSE may be rejoicing at attracting such a large listing, I suspect that the uncertainties about ESG ...
Singapore shares started strong on Thursday—STI rose 0.3%
SINGAPORE: Singapore shares started strong on Thursday, June 6, reflecting positive global trends from the... The post Singapore shares started strong on Thursday—STI rose 0.3% appeared first on The I ...
ANEXT Bank Reports a Surge in Regional and Global Presence Among Its MSME Customers
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant International, today reported a notable increase in regional and global presence among its micro, ...
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
Singapore is a major hub for the manufacture of legacy chips and has attracted new investment in recent years, lured by its relatively low tax rates and close geographical proximity to China, the ...
Ant’s Singapore digital bank Anext eyes growing demand from foreign firms
More than 30 per cent of the bank’s customers were foreign business owners, spanning 78 nationalities, as at the end of May. Read more at straitstimes.com.
Singapore, five other Asean economies see stronger investments
Singapore and five other Asean countries have received most of the investment flows as companies diversify their supply chains and adopt a China-plus-one strategy, economists said. Foreign direct ...
Singapore’s trade finance banks warned over environmental crime risks
The Monetary Authority of Singapore (MAS) has warned the city-state is vulnerable to criminals laundering the proceeds of environmental crime and is urging local banks to conduct greater scrutiny of ...
Bank of Canada cuts rates to 4.75%, signals more to come
The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle.
Singapore to invest S$1m in research on how built environment affects mental health
At this year’s World Cities Summit, the Singapore Land Authority also announced a partnership with the Singapore Management University to tackle urban heat through map technology.