Crypto survey reveals that 67% of Singapore investors who own personal investment products now hold digital assets. . ( read original story ...)
HK Raises Quarantine Period; Singapore’s New Plan: Virus Update
Hong Kong will hike quarantine for medium-risk places to 14 days, Chief Executive Carrie Lam said in a briefing.Business groups in Hong Kong are already opposing the government measures announced ... ( read original story ...)
HSBC Agrees to Buy AXA Singapore Insurance Assets for $575M
As part of the efforts to expand its wealth management business in Asia, HSBC Holdings HSBC has agreed to acquire 100% of the issued share capital of AXA Insurance in Singapore for $575 million. ( read original story ...)
HSBC acquires AXA Singapore for $575m in a bid to grow Asia wealth
London: HSBC Holdings agreed to buy AXA Singapore for $575 million in a push to build a global wealth hub in Singapore and fuel its expansion across Southeast Asia amid increasing tension in China. ( read original story ...)
Cryptocurrency Ethereum Gains Popularity in Singapore
Gemini recently published the results of its cryptocurrency survey and highlighted that the investors in Singapore prefer Ethereum over Bitcoin. ( read original story ...)
HSBC snaps up Axa Singapore assets for $575 million in Asia expansion
HSBC currently ranks 10th in life insurance in Singapore, and does not have a health insurance business. The Asia-focused bank, like its peers, is battling poor returns from lending in a low interest ... ( read original story ...)
Ethereum most popular cryptocurrency amongst Singapore investors
Some 67% of personal investors in the country currently hold cryptocurrencies, with 78% owning Ethereum while 69% have Bitcoin, and 67% say the COVID-19 pandemic promoted them to invest more. ( read original story ...)
HSBC Inks US$575 Million Deal To Acquire AXA Singapore’s Insurance Assets
HSBC said that it has entered into an agreement to acquire 100% of AXA Insurance issued share capital in Singapore for US$575 million. ( read original story ...)
These investors will make a killing in the Ixigo IPO
Ixigo filed draft papers for the share sale on Friday. The biggest beneficiary will be venture capital and growth equity firm Elevation, previously SAIF Partners, with a 12-fold jump in its ... ( read original story ...)
Barclays Private Bank’s Singapore Head on Laser-Guided Wealth Management for Asia’s UHNW Clientele
Evonne Tan is the recently appointed Head of Barclays Private Bank, Singapore. In this new role, she will focus on building on the collaboration between the Private Bank and Barclays Corporate and ... ( read original story ...)
Ixigo IPO to shower Elevation Capital, other investors with manifold returns
IPO, for which draft papers were filed recently, will multiply the decade-long investment of venture capital and growth equity firm Elevation Capital by about 12 times ... ( read original story ...)
Ahead Of Proposed IPO, Ola Gets CCI Approval For Multiple Investments Worth $500 Million
Ahead of its proposed initial public offering (IPO), ride-hailing platform Ola has got the approval from the Competition Commission of India (CCI) for investments worth over Rs 3,700 crore. The CCI ... ( read original story ...)
Singapore’s Olam picks London for food ingredients unit listing
Commodity trader Olam International said on Friday it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next ... ( read original story ...)
Time for Singapore ETFs?
Singapore's economy expanded 14.7% year over year in the second quarter of 2021, compared with an advance estimate of a 14.2% expansion and a final 1.5% gain in the first quarter. ( read original story ...)
Exclusive-Olam seeking about $3 billion for London IPO of food ingredients unit – sources
Olam has said it is seeking a concurrent secondary listing in Singapore for OFI by the first half of 2022. Two of the sources said Olam had appointed Citigroup, Credit Suisse, HSBC, JPMorgan and ... ( read original story ...)
GEN Singapore 2H income likely flat amid crisis: Nomura
Banking group Nomura said in a Friday note it expected Genting Singapore Ltd, operator of the Resorts World Sentosa (RWS) casino complex (pictured in a ) in Singapore, to record second-half earnings ... ( read original story ...)