That would eclipse the US$25bil raised by Alibaba Group Holding Ltd in 2014. London and New York exchanges are vying for a role in the Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)
Wish Finance Launches Blockchain and Artificial Intelligence Based Lending Platform for SMEs
SINGAPORE, SINGAPORE / ACCESSWIRE / October 11, 2017 / Wish Finance is an innovative cutting-edge technology start-up that aims to offer new alternatives to the traditional lending industry. The project extends the lending market from the popular P2P to ... ( read original story ...)
Marvelstone Group to Kickstart World’s Largest AI Hub in Singapore
Marvelstone Group, the private investment firm behind Singapore-based fintech hub LATTICE80 ... help them to commercialise products and identify market fit. Here at Fintech Finance, we work with renowned executives in the industry to provide key decision ... ( read original story ...)
Asean banks need to raise the bar in sustainable finance
Jeanne Stampe, WWF’s head of Asia finance and commodities, commented that while Singapore banks are in the lead, this is based on the information they disclose. “Some banks maybe doing but not saying,” she said. The report recommends that financial ... ( read original story ...)
Marvelstone Group to Kickstart World’s Largest Artificial Intelligence (AI) Hub in Singapore
About Marvelstone Group Headquartered in Singapore, Marvelstone is a private investment group that develops specialized investment strategies and invests in high-potential businesses. With finance at its core, Marvelstone also has diversified investments ... ( read original story ...)
Singapore stock market likely to extend gains, say analysts
SINGAPORE - After two weeks of solid gains in the stock market that sent the benchmark Straits Times Index (STI) up by nearly 100 points or 3.1 per cent to breach through the 3,300 level, what are the odds of a third week of gain? Pretty good, analysts ... ( read original story ...)
City Developments Limited Leads the Singapore Stock Market Higher This Week
The local stock market, as represented by the Straits Times Index (SGX: ^STI), inched up 0.8% to 3,319.1 points for the week. Out of the 30 STI components, 22 were in the green; seven were in the red while one – Global Logistic Properties Ltd (SGX: MC0 ... ( read original story ...)
Renewed Consolidation Tipped For Singapore Shares
(RTTNews.com) - The Singapore stock market on Thursday ended the two-day slide in which it had fallen almost a dozen points or 0.3 percent. The Straits Times Index now rests just above the 3,300-point plateau although it figures to head south again on Friday. ( read original story ...)
Singapore central bank, bank association, Accenture in blockchain tie-up
NEW YORK (Reuters) - U.S. consulting company Accenture said on Thursday it has been appointed by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) to manage and develop a blockchain-based platform for interbank payments. ( read original story ...)
GIC Makes Share Grab at Glenveagh IPO
Singapore’s GIC Private Limited was revealed to have a 10.2% ownership position in Glenveagh Properties PLC at the Irish homebuilder’s initial public offering (IPO) at October 10th, which saw a 14% increase in Glenveagh’s value from an initial market ... ( read original story ...)
Singapore Shares May Find Traction On Thursday
(RTTNews.com) - The Singapore stock market has finished lower in consecutive trading days, falling almost a dozen points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,280-point plateau although it may stop the bleeding on ... ( read original story ...)
80% of Singapore’s finance professionals not ready for future – study
A study conducted by CPA Australia showed that eight out of 10 Singapore-based finance professionals do not have enough skills to make them relevant in the next decade. The study, which was conducted in partnership with EY, also found that six out of 10 ... ( read original story ...)
Ayondo Targets IPO At Singapore Exchange
Financial technology group ayondo remains on track to be the first FinTech company to be listed in Singapore. It will seek a listing through an Initial Public Offering (IPO) instead of the Reverse Takeover (RTO) as announced in mid-2016. The RTO was ... ( read original story ...)
Ayondo Pursues IPO After Reverse Takeover Deal Lapses
Here’s a quick update on our report a few weeks back that social trading company ayondo would not be undergoing a reverse takeover (RTO) IPO due to a lapsed bid from Singapore-based property developer, Starland Holdings. Today, ayondo has announced that ... ( read original story ...)
SATS Ltd’s Stock Price Is Near A 52-Week Low Now: Is The Stock Cheap?
(The higher the yield is, the lower a stock’s valued.) In sum, we can argue that SATS is currently priced at a steep premium to the market given its significantly ... Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies ... ( read original story ...)
Renewed Support Tipped For Singapore Shares
(RTTNews.com) - The Singapore stock market on Tuesday ended the three-day winning streak in which it had gathered almost 55 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,290-point plateau although it may bounce higher again on ... ( read original story ...)