Singapore aims to deepen collaboration with China's Guangdong province in several key areas, including in financial services, talent exchange and aviation.. Read more at straitstimes.com. ( read original story ...)
Malayan Banking Berhad, Singapore Branch — Moody’s announces completion of a periodic review of ratings of Malayan Banking Berhad
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Malayan Banking Berhad (Maybank) and other ratings that are associated with the same analytical unit. The review ... ( read original story ...)
Singapore Will Seek to Boost Revenue After Drawing Down Reserves
Singapore will take steps to strengthen its revenue position to face a challenging fiscal environment caused by the Covid-19 pandemic, which has already led the country to draw deep from its past ... ( read original story ...)
Shell to Adopt Digital Twin Technology at Singapore Refinery
Shell (RDS.A) is committed to convert Singapore's Bukom and Jurong Island into a globally competitive spot by coalescing human capabilities with advanced digitalization technologies. ( read original story ...)
Is India getting bullied by Singapore in accepting Gift City truce?
Singapore has over the years emerged as a top International Finance Centre (IFC) and the Singapore Exchange (SGX) has found a successful niche in licensing of indices from other jurisdictions such as ... ( read original story ...)
AIP, Tokyu Land Plan REIT IPO for Australian Properties
Any deal would add to the $4.1 billion of property trust IPOs in Singapore over the last three years, data compiled by Bloomberg show. So far this year, the city-state has hosted two REIT listings ... ( read original story ...)
Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families
The Lis and Tungs invested in Ant Group in the fintech company’s US$14 billion private-equity funding round in 2018 before it filed its dual-listing application on Shanghai’s Star Market and in Hong ... ( read original story ...)
Brazil’s Rede D’Or hires banks for IPO, seeks to raise up to $2.72 bln -newspaper
Brazilian hospital group Rede D’Or São Luiz has hired banks for a proposed initial public offering (IPO), the Valor Econômico newspaper reported on Wednesday citing two unnamed sources. SAO PAULO, Aug ... ( read original story ...)
UBS says the Singapore market is currently ‘undervalued’
Singapore's market has "done really badly" so far this year and there is currently "a lot of value" in some of its stocks, says Kelvin Tay of UBS Global Wealth Management. ( read original story ...)
Ant Group files for IPOs in Hong Kong and Shanghai
Ant plans to raise more than US$20 billion from the dual listing, which could even reach US$30 billion if market conditions allow. ( read original story ...)
Singapore’s market is ‘undervalued’ at the moment, says UBS
Singapore's Straits Times Index is among Asia's worst performing indexes so far in 2020. It is still down more than 21% year to date as of Wednesday afternoon Singapore time, according to Refinitiv ... ( read original story ...)
Banking-related phishing scams spike more than 2,500% in first half of 2020
SINGAPORE: The total number of banking-related phishing scams increased by more than 2,500 per cent in the first half of this year to 898 cases, ... ( read original story ...)
Finance professionals say Singapore firms face cash flow problems from Covid-19 demand hit: Survey
Finance professionals expect a slow return to normal from the impact of the coronavirus-induced recession, according to a survey by the Association of Certified Chartered Accountants (ACCA) Singapore. ( read original story ...)
Singapore Stock Market May Pick Up Additional Support
The Singapore stock market has ticked higher in consecutive trading days, gathering almost a dozen points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 2,540 ... ( read original story ...)
China’s Nongfu Spring to raise $1.1 billion in Hong Kong IPO
Chinese drinks maker Nongfu Spring will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ($2.52 to $2.77) in its Hong Kong initial public offering, according to ... ( read original story ...)
Nongfu Seeks $1.1 Billion in Year’s Second Biggest F&B IPO
China bottled water giant Nongfu Spring Co. is seeking to raise as much as HK$8.35 billion ($1.1 billion) in what could be the world’s second biggest initial public offering by a food and beverage ... ( read original story ...)