In November last year, JPMorgan, along with two other global banks including DBS Bank and SBI Digital Asset Holdings, conducted foreign exchange and government bond transactions against liquidity ...
Cleary, Linklaters and Shin & Kim Act on Korea Development Bank’s $2B Singapore Bond Offering
Cleary Gottlieb Steen & Hamilton and Linklaters, together with big six Korean law firm Shin & Kim, are advising Korea Development Bank’s (KDB) listing of $2 billion worth of U.S. dollar notes on the ...
Adani Wilmar, 2 others to be dropped from S&P BSE IPO index
The reconstitution would be effective February 20, 2023, S&P Dow Jones and BSE stated in a joint release. Asia Index is a 50-50 partnership between S&P Dow Jones Indices LLC and India's BSE.
By the numbers: A look into Singapore’s Fintech Industry
Singapore falls behind India in terms of Fintech development. Singapore has been named the second-best market in Southeast Asia (SEA) for Fintech development by Robocash Group. The Lion City recorded ...
First Abu Dhabi Bank says not currently evaluating offer for Standard Chartered
First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, said on Friday it was not currently evaluating an offer for Britain's Standard Chartered. News of the potential offer first came ...
Stock Market LIVE Updates: SGX Nifty down 95 points, signals negative start
Nifty futures on the Singapore Exchange traded 95.5 points or 0.53% lower at 17,835 around 7.15 am, indicating a negative start for Dalal Street. US stock indexes ended lower on Thursday, erasing ...
Singapore Budget 2023: What you need to know
Budget statement will be delivered by Deputy Prime Minister and Finance Minister Lawrence Wong on Tuesday, 14 February. Here are some things to note: It will be delivered at 3.30pm on Tuesday, 14 ...
Solar firm Nextracker’s shares soar in U.S. debut as IPO market ‘thaws’
Shares of solar-tracking business Nextracker Inc soared 26% in their U.S. market debut on Thursday, suggesting that the IPO market was showing signs of emerging from a prolonged freeze.
Green Link Digital Bank eyes Chinese market after strong start in S’pore
SINGAPORE – Green Link Digital Bank (GLDB), one of Singapore’s two wholesale digital banks, is setting its sights on China’s vast micro, small and medium-sized enterprise market even as it gains a ...
Commentary: Addressing Singapore’s long-term challenges – where will the money come from?
The upcoming Budget 2023 on Feb 14 - Singapore's first post-pandemic Budget - will bring longer-term challenges into sharper focus. Recent moves like the GST hike will help close the funding gap, but ...
Singapore scam victims lost S$660.7 million in 2022
Scam victims in Singapore lost S$660.7 million in 2022, up 4.5 per cent from S$632 million a year before, according to Singapore Police Force (SPF) data released on Wednesday (8 February). Scams and ...
Japan’s Sumitomo Mitsui to end corporate finance exposure to coal mining by 2040
Sumitomo Mitsui Banking Corp (SMBC) will not have any corporate and project finance exposure to coal mining by 2040 but does not have a concrete timeline for reducing support to trade finance, a ...
Singapore-based fintech Tazapay raises USD 16.9 million in Series A fundraising round, led by Sequoia Capital Southeast Asia
Singapore February 9 ANIPRNewswire Tazapay a leading fintech company specialising in cross-border payments announced today that it has raised USD 169 million in its Series A funding round Sequoia ...
Singapore Wins Record $17 Billion Investment Pledge on Reopening
Singapore said it secured record investment commitments last year as the economy reopened, while warning that officials don’t expect to repeat that performance amid mounting global headwinds.
Singapore attracted record S$22.5 billion in fixed asset investments last year, nearly double of 2021
SINGAPORE: Singapore attracted a record high of S$22.5 billion in fixed asset investments last year, which is set to create more than 17,000 jobs in the coming years, the Economic Development Board ...
Singapore REITs Fall, Weighed by Hawkish Fed Comments
By Justina Lee Singapore real estate investment trusts are trading lower Thursday, weighed by concerns of higher interest rates following remarks from ...