Latest leaks, reported just a few days ago, suggest that Alibaba is already actively making plans for a possible IPO of the unit next year. “The firm is in the early stages of consideration and ...
Singapore highest globally for total stamp duty on foreigners
The market recently put a 100% increase in the ABSD rate for foreigners. A real estate expert’s study showed that Singapore ranked highest worldwide for total stamp duty rates for a foreign national ...
Me & My Money: Why finance exec prefers to rent a home
It's important to work out the numbers and the opportunity cost of the capital, she says. Read more at straitstimes.com.
5 best regular savings plans in Singapore 2023: Invest with $100 a month
Investing is like exercising daily, improving your cooking skills or sleeping earlier — we all know we should be doing it, but due to lack of time, discipline or knowledge, it sometimes falls to the ...
Temasek considers investing $100 million in Indian jeweller BlueStone -sources
Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20 per cent, two sources with direct knowledge of the matter told ...
Singapore’s Keppel revamps, aims to manage $150 billion of assets by 2030
Singapore's Keppel Corp said on Wednesday it would transform itself into an asset manager overseeing $150 billion by 2030 and focusing on green energy, betting it would provide more stable revenue ...
Singapore’s GIC first to add 2-3 degree Celsius outcome to climate scenario analysis
GIC is the first fund to add a fourth scenario to its climate change analysis in which global temperatures rise 2-3 degrees Celsius.
Why are US banks wobbling and how might this impact Singapore?
SINGAPORE - US regional banking stocks declined on Thursday despite reassurances from Federal Reserve chair Jerome Powell that the country’s banking system is “sound and resilient”, and that Monday’s ...
Alibaba’s global e-commerce arm that includes Lazada weighs US IPO, sources say
The Alibaba unit would join a number of high-profile Chinese firms including fast-fashion leader Shein seeking to tap US capital. Read more at straitstimes.com.
Shares Rise, Dollar Weakens on Bank Sector Fears
"With the dust barely settling post Wednesday's Fed meeting, banking sector developments have added to conviction not just that the Fed is done tightening, but that the Fed will b ...
Lawmakers urge SEC to look into Shein use of Uyghur forced labor before IPO offering
A bipartisan group of congressmen is asking the Securities and Exchange Commission to force the popular clothing store Shein to prove that it does not use forced Uyghur labor in the making of its ...
What caught your eye this week? (Arm IPO, Smallest LED, Telexistence technologies)
Nasa highlights that the Czech Republic has become the 24th country to sign the Artemis Accords. The Register reports that the U.S. President Joe Biden is proposing tax “designed to counter the ...
Alibaba’s Global Online Commerce Arm Weighs a US IPO
Deliberations around an IPO are very preliminary and the situation may change ... It competes with Amazon and Sea Ltd.’s Shopee in Southeast Asian markets such as Thailand, Malaysia and Singapore. In ...
In Australia and Singapore, female crypto investors are doing it better than males
According to Independent Reserve survey studies conducted in Australia and Singapore, female crypto investors are on top for profitability. ... Read More The post In Australia and Singapore, female ...
Dyson to build giant plant for new battery tech in Singapore
The company is deepening its presence in Singapore after it switched its headquarters from the UK to the Southeast Asian country.
TVS Supply Chain Solution files fresh draft papers for IPO; cuts issue size to Rs 750 crore
In case a firm fails to launch IPO during this period, it has to refile the prospectus with the regulator to seek fresh clearance.