Sunway Bhd’s unit Sunway Healthcare Holdings Sdn Bhd will be receiving a RM750 million investment from Greenwood Capital Pte Ltd, an affiliate of Singapore sovereign wealth fund GIC Private Ltd. The ... ( read original story ...)
GlobalFoundries breaks ground on new chip fab in Singapore
GlobalFoundries has broken ground on a $4 billion chipmaking fab in Singapore, with plans to open in 2023. Along with another $2bn in expansion funds spread across its Dresden, Germany and US sites, ... ( read original story ...)
Singapore inflation close to its peak
As inflation in Singapore accelerates to 2.4% surpassing forecasts, we believe we're close to the peak. With the balance of risks tilted towards ... ( read original story ...)
Stock Market Today: SGX Nifty rises 40 points; Asian markets open higher as Powell says no rate hike before recovery
Nifty futures on Singapore Exchange traded 43 points, or 0.27 per cent, higher at 15,813, signaling that Dalal Street was headed for a positive start on Wednesday. The 50-pack index on Tuesday ended ... ( read original story ...)
KIMS Hospitals IPO share allotment likely to be finalised today: How to check status
After the finalisation of share allotment, the company will start the process of refunds on June 24 and credit shares to eligible investors' demat accounts around June 25. The shares of Shyam Metalics ... ( read original story ...)
DBS completes Singapore’s first USD SOFR-linked export financing transaction
DBS has completed Singapore's first export financing transaction referencing the US dollar (USD) Secured Overnight Financing Rate (SOFR) with food and agri-business, Bunge, the bank announced on ... ( read original story ...)
Barclays raids JPMorgan for new SE Asia banking head
Barclays has hired Ee-Ching Tay as head of South-east Asia banking, responsible for further growing the regional franchise with an emphasis on driving MA advisory and financing. Tay joins Barclays ... ( read original story ...)
Sunway announces stock trading suspension pending announcement, amid talks that Singapore’s GIC is finalising a deal to buy stake in its medical centre
Sunway Bhd announced in a bourse filing today that trading in its securities will be suspended from 9am tomorrow (Wednesday, June 23), pending an announcement from the group. Its structured warrants ... ( read original story ...)
Stock Market Today: SGX Nifty rises 60 points; Asian markets open higher; all eyes on Fed chair’s testimony
Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest ... ( read original story ...)
SGX Nifty up 65 points; here’s what changed for market while you were sleeping
Asian stocks mostly opened higher on Tuesday tracking an overnight rally on Wall Street, as investors snapped up value stocks that are expected to outperform along with an economic recovery. MSCI's ... ( read original story ...)
Singapore Bourse Expected To Bounce Higher Again On Tuesday
The Singapore stock market turned lower again on Monday, one session after ending the two-day losing streak in which it had fallen ... ( read original story ...)
VP Bank in Singapore Awarded Best Boutique Private Bank by WealthBriefingAsia
VP Bank Ltd Singapore Branch has been awarded 'Best Boutique Private Bank' at the 9th annual WealthBriefingAsia Awards 2021. The win is testament to the bank's long-standing ... ( read original story ...)
Stock Market Today: SGX Nifty plunges 177 points; Asian markets plummets up to 3% on hawkish Fed
Nifty futures on Singapore Exchange traded 177.50 points, or 1.13 per cent, lower at 15,572.50, signaling that Dalal Street was headed for a gap-down start on Monday. Nifty50 on Friday declined for ... ( read original story ...)
Singapore bank DBS starts trading on London Metal Exchange
Singapore bank DBS (DBSM.SI) said on Monday it has commenced commodity trading on the London Metal Exchange (LME), as metals prices surge on global economic recovery, after becoming the first bank in ... ( read original story ...)
Upcoming IPO listings: Sona Comstar, Shyam Metalics to make D-Street debut on June 24
The Rs 5,550-crore IPO of Sona Comstar, which opened for subscription during June 14-16, was subscribed 2.33 times at a price band of Rs 285-291 per share. ( read original story ...)
GIC-backed consultancy firm ThoughtWorks’ parent confidentially files for US IPO
ThoughtWorks, which helps firms digitize their operations, was valued at $4.6 billion after a $720 million funding round in January. ( read original story ...)