Indonesia, South-east Asia’s largest economy, is targeting nearly US$49 billion (S$66.2 billion) in foreign direct investment (FDI) this year, about a 7.5 per cent increase over inflows for 2022, said ...
Singapore’s Keppel aims to invest in Vietnam amid ‘China plus one’ shift
The Keppel Corporation in Singapore is tapping emerging markets such as Vietnam for growth. Vietnam is emerging as a manufacturing hub for investors who are looking to diversify from China. Loh Chin ...
Asia markets spooked by troubled US start-up bank, Singapore stock index down 0.8%
Asia stocks fell after a US Silicon Valley start-up lender unleashed fears of broader banking-system stress. Read more at straitstimes.com.
Will Nifty top 17600 or bears to drag? Check US, Asia stocks, SGX Nifty, FII/DII data, more before market opens
Indian benchmark indices are likely to open decisively in the red, hinted SGX Nifty. Check nine key things to know before the market's opening bell on Friday.
Tata Technologies files for IPO: All you need to know
Tata Technologies, a unit of Tata Motors, filed for an initial public offering (IPO) on Thursday, according to draft papers filed with the market regulator Securities and Exchange Board of India (Sebi ...
Grab finance chief reduces stake through $1.5 million share sale
Grab shares have declined more than 70% since it merged with a US blank-cheque company in late 2021. Read more at straitstimes.com.
Singapore’s Central Bank Boosted Gold Reserves 30% in January
Singapore boosted its gold reserves by about 30% in January, joining central banks from China to Turkey in building up holdings of the precious metal.Most Read from BloombergCompanies Are Telling Us ...
Chart of the Day: Top asset classes women in Singapore invest in
Apart from stocks, Singaporean women also like to invest in bonds (17.2%), exchange-traded funds (ETFs) (14.0%), funds (13.2%), and real estate investment trusts (REITs) (5.2%). Also part of the top ...
Shein set to raise US$2bil, eyes US IPO later this year
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, ...