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Tag: ipo

Posted on 20/03/2023

Singapore and Hong Kong vie to be the Caymans of Asia

The two cities have set up new fund structures to lure wealth away from traditional offshore financial centres ...

Posted on 20/03/2023

MAS: Credit Suisse to continue operating without interruption in Singapore following UBS rescue

The UBS takeover of Credit Suisse is not expected to have an impact on the stability of Singapore’s banking system, with the latter to continue operating in Singapore without interruptions and its ...

Posted on 20/03/2023

Singapore Central Bank Says No Interruption to Credit Suisse Operations

Singapore's central bank said Credit Suisse Group would continue operating in the city-state without any curbs, adding that it expected no impact of the Swiss bank's takeover by UBS Group on the ...

Posted on 20/03/2023

Singapore, Hong Kong downplay Credit Suisse turmoil as stocks dip

Financial authorities in Asia have moved to downplay the local impact of the turmoil at Credit Suisse, saying they do not expect the takeover of the troubled Swiss bank to affect the stability of ...

Posted on 20/03/2023

MAS says Credit Suisse’s Singapore operations unaffected, local banking stability to remain intact

CREDIT Suisse Group will “continue operating in Singapore with no interruptions or restrictions” following its announced takeover by UBS, the Monetary Authority of Singapore (MAS) indicated. Read more ...

Posted on 20/03/2023

Credit Suisse operations in Singapore uninterrupted by UBS takeover deal: MAS

SINGAPORE: Credit Suisse will continue operating in Singapore without interruption, the Monetary Authority of Singapore (MAS) said on Monday (Mar 20), after it was announced that the troubled bank ...

Posted on 20/03/2023

Singapore, Hong Kong Seek to Calm Nerves Over Credit Suisse Deal

Financial authorities in Singapore and Hong Kong gave assurances Credit Suisse Group AG will remain open for business and its fallout won’t affect their markets after UBS Group AG agreed to buy the ...

Posted on 20/03/2023

Credit Suisse Will Continue Operating in Singapore, MAS Says

Credit Suisse Group AG Will continue operating in Singapore with no interruptions or restrictions following UBS Group ...

Posted on 20/03/2023

Singapore banking system “sound”, Credit Suisse exposure “insignificant”, central bank says

Credit Suisse, the second largest bank in Switzerland, operates a branch in Singapore that focuses primarily on private and investment banking. It does not serve retail customers.

Posted on 18/03/2023

Joko hopes for Singapore investments in Indonesia’s new capital

“The relationship between Singapore and Indonesia is very good and must be continued and improved in the future. “We hope investments in Nusantara can become the focus.” The 2,561sq km project, about ...

Posted on 18/03/2023

Indonesia calls for Singapore’s investment in new capital

Indonesian President Joko Widodo brought home letters of intent from investors interested in the new capital of Nusantara after his trip to Singapore on March 16.

Posted on 17/03/2023

Singapore stocks climb on Friday to end volatile week

SINGAPORE – Robust gains on Wall Street overnight and a ... across the broader market after 2.3 billion shares worth $1.9 billion were traded. CapitaLand Investment was the top STI gainer, rising 2.6 ...

Posted on 17/03/2023

Jokowi makes renewed Nusantara pitch to Singapore

President Joko “Jokowi” Widodo pitched his ambitious Nusantara capital city project to Singapore Prime Minister Lee Hsien Loong at their annual retreat on Thursday, generating interest but little else ...

Posted on 17/03/2023

Stock Market Live: SGX Nifty indicates gap up start for Sensex and Nifty 50

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 107 points or ...

Posted on 17/03/2023

China’s DCP Capital Aims to Sell Singapore Tech Firm MFS for at Least $550 Million – Sources

DCP raised $2.5 billion in its maiden fund in 2019, focusing on China investments. (Reporting by Kane Wu in Hong Kong and Yantoultra Ngui in Singapore; Additional reporting by Julie Zhu in Hong Kong; ...

Posted on 17/03/2023

Singapore Shares Tipped To Bounce Higher On Friday

(RTTNews) - The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits ...

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