Governments can no longer reduce the amount of debt through rapid economic growth and inflation, says Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for social policies, ... ( read original story ...)
Global Markets: Asian stocks head higher on China data, markets eye Fed meeting
Asian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. MSCI's broadest index of Asia-Pacific shares ... ( read original story ...)
Singapore Summit: Tech nationalism is set to intensify, says Korea Investment Corporation CEO
The rise of tech nationalism is "very bad news" and will hinder the development of new technologies, says Korea Investment Corporation CEO Choi Heenam. ( read original story ...)
Singapore Start-up SynOption Closes Second Round of Funding
PRNewswire/ -- Singapore based FinTech start-up SynOption Pte. Ltd. has announced that successfully closed its second ... ( read original story ...)
Razer, gaming hardware maker, detours from its core business to build a bank
Razer, known for gaming hardware, is eyeing banking licenses in the US and EU to capitalize on its brand and grow a financial services business. ( read original story ...)
Singapore watchdog fines Grab S$10,000 for 4th user data privacy violation
Singapore's privacy watchdog fined ride-hailing app Grabcar S$10,000 ($7,310), saying a 2019 update put the data of some users at risk of unauthorised access in what the watchdog said was a fourth ... ( read original story ...)
Gaming firm Razer exploring bank license applications in Europe and the U.S.
After applying to become a regulated bank in Singapore, gaming hardware firm Razer is now considering similar moves in Europe and the U.S. ( read original story ...)
EXCLUSIVE-Singapore state investor Temasek considering investing in Ant IPO – sources
Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, ... ( read original story ...)
EXCLUSIVE-Ant’s mega IPO draws interest from Singapore investor Temasek – sources
Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, ... ( read original story ...)
India’s Zomato raises $160 million from Tiger Global, Temasek unit; plans IPO in 2021
Indian food delivery startup Zomato has raised $160 million from U.S. hedge fund Tiger Global Management LLC and a unit of Singapore's Temasek Holdings, and plans to file for an initial public ... ( read original story ...)
Zomato preps an IPO menu with fresh funds
If the Gurugram-based startup pulls off the feat, it will join the likes of MakeMyTrip, which listed on NASDAQ in 2010, and Zomato’s single-largest shareholder Info Edge India Ltd, which was listed on ... ( read original story ...)
Happiest Minds Technologies IPO a huge hit among investors; subscribed 151 times
According to the NSE data, Ashok Soota's Happiest Minds Technologies IPO received bids for over 351 crore shares against the issue size of 2.33 crore shares ... ( read original story ...)
Happiest Minds IPO Subscribed 151 Times, Retail Portion 71 Times
The qualified institutional buyers (QIBs) portion was subscribed 77.43 times, non-institutional investors 351.46 times and retail individual investors 70.94 times, data available on the exchanges ... ( read original story ...)
Singapore Stock Market May Stop The Bleeding On Thursday
Volume was 1.46 billion shares worth 1.21 billion Singapore dollars. Among the actives, the bottom fell out for SembCorp Industries, which plummeted 38.74 percent - while Venture Corporation surged 3. ( read original story ...)
Asian stock markets gain following tech bounce, euro waits for ECB
Asia's stock markets snapped their longest losing streak since February on Thursday and rose following a bounce on Wall Street, though subdued trade in currency, commodity and bond markets suggested ... ( read original story ...)
Carlyle readies IPO of Brazil’s Madero, Tok&Stok -sources
Carlyle Group Inc is preparing initial public offerings for two of its key Brazilian portfolio companies, restaurant chain Madero and furniture chain Tok&Stok, two sources familiar with the matter ... ( read original story ...)