Chinese online fashion retailer Shein is set to raise around US$2bil (RM9bil) in a new funding round this month and is aiming for a US listing in the second half of this year, three people with ...
Economists lift Singapore growth forecast slightly to 1.9%
Private sector economists have raised slightly their forecast for Singapore’s economic growth in 2023, with the pace seen accelerating to 2.5% in 2024, according to a Monetary Authority of Singapore ...
China’s Shein set to raise $2 billion in new funding round, aims for U.S. IPO later this year, sources say
Shein cut its valuation to $64 billion in this fundraising, down by a third from a funding round a year ago, according to six sources with knowledge of the matter.
UPDATE 2-China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
The United Arab Emirates' sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia ...
SHEIN IPO: List of investors, latest funding round and expectation for US listing
The company last month held initial talks with several investment banks to pick lead bookrunners for the US IPO.
Share Market outlook today: Nifty, Bank Nifty may remain volatile on F&O expiry; check support, resistance
Domestic equity indices may remain volatile on weekly F&O expiry. The Nifty futures on the Singapore Exchange (SGX) were trading 3 pts or 0.02% higher at 17,803.00 in the early morning trade. Asian ...
DBS chief Gupta’s pay climbs 13% to S$15.4 million as bank profit soars
SINGAPORE — DBS Group Chief Executive Piyush Gupta earned ... That included a cash bonus of S$5.8 million, his salary of S$1.5 million as well as deferred pay, the Singaporean bank's latest annual ...
Stock Market Live: Sensex and Nifty 50 likely to open flat tracing global cues
Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to make a flat start on Thursday tracing global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...
Nifty to extend gains or fall below 17,700? Check US, Asia stocks, SGX Nifty, FII/DII data, more before market opens
Indian benchmark indices are likely to open on a flat note, hinted SGX Nifty. Here are eight key things to know before the share market opens for trade on Thursday.
Singapore pursuing three strategies for sustained, moderate growth: DPM Wong
As an advanced economy with a small labour force that already sees high employment levels, it is an “economic imperative” that Singapore relies on productivity to drive economic growth moving forward, ...
China’s SHEIN set to raise US$2 billion, eyes US IPO later this year
Chinese online fashion retailer SHEIN is set to raise around US$2 billion in a new funding round this month and is aiming for a US listing in the second half of this year, three people with knowledge ...
Credit Suisse, Mizuho join banks on US$1 billion Olam Agri IPO
Most of the offerings were in Saudi Arabia and the UAE. By comparison, Singapore hasn’t had a US$1 billion IPO since 2017, according to data compiled by Bloomberg. Listings in the city have raised ...
ESR Group receives initial go-ahead for IPO of C-REIT
ESR Group receives confirmation from Hong Kong Exchange to proceed with IPO of C-REIT on Shanghai Stock Exchange ...
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
It was not immediately clear if SHEIN is planning to officially seek Chinese regulatory approval for its IPO. In recent years, the company has made a Singapore firm its de facto holding company and Xu ...
34% of investment professionals in SG expect private capital market to worsen
Some, however, said it will be about the same. More than three in 10 (34%) investment professionals in Singapore believe that the private capital market will be “somewhat worse” in 2023, data from ...
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.