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 ...)
Citadel to open a Singapore office in fresh Asia expansion push
Billionaire Ken Griffin’s finance companies plan to open a Singapore office this year in a fresh push to expand in Asia. The new office will be shared by his Citadel hedge fund business and the market ... ( read original story ...)
Singapore’s core inflation gauge hits lowest in over eight years
Singapore's core inflation gauge fell to its lowest level since at least 2012 in July, official data showed on Monday. The measure closely-watched by the central bank fell 0.4% year-on-year, hitting ... ( read original story ...)
Billionaire Ken Griffin’s Citadel Opens Singapore Office
Billionaire Ken Griffin’s finance companies plan to open a Singapore office this year in a fresh push to expand in Asia. ( read original story ...)
43% Singaporeans in financial sector reflects international Singapore’s role
Across the entire financial sector, the proportion is about 43 per cent, reflecting Singapore’s role as an international financial centre, says Monetary Authority of Singapore (MAS) Responding to a ... ( read original story ...)
Singapore’s stock exchange to partner FTSE Russell for derivatives offerings after MSCI moves futures to Hong Kong
The Singapore Exchange (SGX) struck a long-term strategic partnership with index provider FTSE Russell to develop a broad series of Asian- and emerging markets-focused, multi-asset derivatives in a ... ( read original story ...)
Singapore to hold virtual IP Week@SG
IP Week@SG, a global conference organised by the Intellectual Property Office of Singapore (IPOS), will go virtual this year from August 25-27. ( read original story ...)
Top 3 Singapore dividend stocks to watch
Analysts raised their share price targets on Venture, Wilmar and UMS, citing their higher dividend yields for 2020 as plus factors. ( read original story ...)
Fate of Jack Ma stake hangs over Ant Group’s mega IPO plan
"This is the IPO that many investors have been waiting ... lead analyst at DZT Research in Singapore. "When (shares) are transferred to employees, it will take some time before they can sell ... ( read original story ...)