As China-founded e-commerce behemoth Shein moves to list in New York, U.S. lawmakers are again calling on it to prove that forced labor is not used to make its $5 t-shirts and $10 sweaters. Shein ...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Keppel, backed by Singapore's state investment firm Temasek Holdings (TEM.UL), will finance the acquisition from various sources including unutilised banking facilities and internal cash resources, an ...
A Shein IPO will likely be one of the most contentious debuts in recent memory
Shein has plenty of enemies in Washington, D.C.—and they may throw a wrench in the company’s plans to go public.
Monetary Landscape of Singapore: Central Bank Chief Dismisses Role for Private Cryptocurrencies
The Chief of Singapore's central bank has unequivocally stated that private cryptocurrencies are unwelcome within the country's monetary framework ...
Wellington Management develops its Singapore wealth offering
Wellington Asia Quality Income Fund: The Wellington Asia Quality Income Fund, which is mainly involved in businesses that are based in or heavily engage in business in the Asia ex-Japan region, is ...
Singapore’s M&L Healthcare sells new diabetes-related treatment to Nasdaq firm for $334 million
M&L Healthcare is a family-owned investment fund founded by shipping tycoon Michael Kum and his wife Lynda. Read more at straitstimes.com.
Nearly 8 in 10 of Singapore’s wealthiest investors will divest from non-sustainable firms
Financially abundant investors prioritise ESG and sustainability factors the most when investing. ESG has further climbed up the ladder of priorities of Singapore’s wealthiest or “financially abundant ...
Singapore-based think tank raises red flags on Maharlika
The Maharlika Investment Fund (MIF) has a “strong legal framework,” but has potential risks such as the possible misuse of funds and a lack of accountability, according ...
Income Investing: How A Consistent Income Stream Can Help Fight Inflation And Manage Market Volatility
Income investing can provide both a safety buffer and the opportunity for growth in an unpredictable and high-inflation environment.
Shein IPO Is In the Works: What You Need to Know
The initial public offering (IPO) world is buzzing on news Singapore-based fast-fashion retailer Shein has filed confidential paperwork to go public in the U.S. While details are sparse, reports ...
Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China
Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear for it to launch an initial public offering next year.
Shein’s IPO could raise billions. Here’s what to know about the secretive Chinese-founded retailer.
A stock sale "will shine a spotlight on the business model and financials" of the fast-fashion giant about which little is known, said one analyst.
Reddit leads class of 2024 IPO candidates testing the water
Kim Kardashian’s Skims underwear label, valued this summer at US$4 billion, is discussing strategic options including an IPO.
Singapore stocks extend decline amid mixed regional trading; STI down 0.7%
SINGAPORE shares fell on Tuesday (Nov 28 ... but the potential decline in interest rates is not sparking the typical positive response in the stock market. “Investors may be harbouring concerns that ...
China’s Shein files for US IPO in major test for investor appetite -sources
By Kane Wu and Anirban Sen (Reuters) -Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one ...
Singapore FIs Show More Caution in Adopting BaaS, AI, and Embedded Finance
Singapore's financial institutions have demonstrated a mix of resilience and cautiousness in adopting new banking technologies.