It also said the growth in its interest income was partly helped by IPO financing due to an active IPO market ... had obtained an in-principal approval from the Monetary Authority of Singapore for a ... ( read original story ...)
China’s Ant Group Plans Consumer Finance Firm in Growth Push Ahead of IPO
but officials have pinpointed consumer lenders as a key lever in rebooting consumption. (Reporting by Julie Zhu; Additional reporting by Keith Zhai in Singapore; Editing by Sumeet Chatterjee and ... ( read original story ...)
Singapore bourse bulks up with deals to fight Hong Kong threat
Currently, about 40% of listed companies and over 80% of listed bonds originate from outside Singapore. The bourse's last IPO, on its secondary Catalist board, was of local healthcare player ... ( read original story ...)
Singapore finance minister unveils $5.8 billion worth of virus support measures
Singapore's finance minister on Monday unveiled more economic support measures worth about S$8 billion ($5.8 billion) to cushion the blow from the COVID-19 pandemic on businesses and workers. "The ... ( read original story ...)
Singapore Boosts Stimulus by S$8 Billion Amid Recession
Singapore Deputy Prime Minister Heng Swee Keat announced additional support measures of S$8 billion ($5.8 billion) to cushion the blow from the coronavirus pandemic, extending wage subsidies and ... ( read original story ...)
Every major Asian market has a Nasdaq-wannabe. Can Hong Kong or Shanghai tech boards close the gap?
The Nasdaq has many advantages over the tech boards in Hong Kong, Shanghai, Tokyo and Seoul. These advantages include America’s appeal to global investors and the Silicon Valley network. ( read original story ...)
Every major Asian market has a Nasdaq-wannabe. Could Hong Kong’s or Shanghai’s tech boards ever catch up to the real thing?
The Nasdaq has many advantages over Nasdaq wannabes in Hong Kong, Shanghai, Tokyo and Seoul. These advantages include America’s appeal to global investors and the Silicon Valley network. ( read original story ...)
StanChart, Trade Union Arm Plan Digital-Only Bank in Singapore
Standard Chartered Plc is planning its second digital-only bank in Asia, teaming up with a unit of Singapore’s biggest labor union, according to people familiar with the matter. ( read original story ...)
Singapore to unveil more virus-related financial support plans on Monday
Singapore will unveil plans to extend more financial support to companies and workers during the COVID-19 pandemic on Monday, its finance ministry said. ( read original story ...)
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people ... ( read original story ...)
Chinese Companies Rush to File US IPOs Ahead of New Regulations
Chinese companies raised US$1.8 billion through U.S. IPOs in the first half of 2020, but in the days since the announcement on tightened disclosure requirements, offerings grew to more than US$2.2 ... ( read original story ...)
Singapore-based NRI media entrepreneurs announce USD 100 Million IPO on NASDAQ
Vistas Media Acquisition Company (VMAC) announced it has commenced trading of an initial public offering (IPO) of USD 100 million on The Nasdaq Stock Market on Fri 7. ( read original story ...)
Coronavirus live updates: Singapore reports lowest daily new cases in months
The coronavirus has infected more than 20.3 million people around the world as of Wednesday, killing at least 742,000 people. ( read original story ...)
Airbnb close to filing for IPO after travel rebound
Airbnb Inc plans to file paperwork for a stock market listing in the next few weeks paving the way for its shares to start trading as soon as the fourth quarter, according to people familiar with the ... ( read original story ...)
China’s Ucommune Changes Course On Planned US IPO
Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed with the U.S. Securities and Exchange Commission. ( read original story ...)
EMERGING MARKETS-Thai, South Korean stocks hold to growth hopes, Singapore slips
Thailand and South Korea led gains for most of Asia's emerging currency and stock markets on Tuesday, bolstered by recent signs of an improving economic landscape in China and further heavy inflows of ... ( read original story ...)