SINGAPORE non-oil domestic exports (NODX) slipped 1.1 per cent from a year ago in September after a 16.7 per cent jump in August, figures released by International Enterprise (IE) Singapore show. THE recent economic data in Singapore may paint a rosy ... ( read original story ...)
U.S. exchanges set for highest number of Asian IPOs since 2010
HONG KONG (Reuters) - U.S. exchanges are set to record their busiest year for IPOs from Asian firms since 2010 and may sustain the pace in 2018, as startups from Taiwan, Singapore, Indonesia and Vietnam join a flurry of Chinese firms that have already ... ( read original story ...)
Vincom set to raise up to $680m in record Vietnam IPO
The price range would mean that Warburg Pincus’s 4.8tn dong ($211m) investment will more than double in value after the IPO, with the group expected to reduce its ownership from 15.2 per cent to 4.89 per cent. Credit Suisse’s Singapore branch is set to ... ( read original story ...)
U.S. IPO Week Ahead: 6 IPOs Set To Price Including The 2 Largest Deals Of 2H’17
Six IPOs are set to price next week, expecting to raise a combined $1.8 billion. Three Asian deals lead the way, notably, Chinese small loans provider Qudian (Pending:QD) plans to raise $769 million, and Singapore-based online gaming and shopping platform ... ( read original story ...)
Mutual funds stock up on IPOs, large caps
Thanks to the advantage of capturing an early growth through IPOs, fund managers are making sure of their ... is likely to benefit from rebound in the Singapore refining margins—a benchmark regional refining margin—in the September quarter and stable ... ( read original story ...)
IPOs on Indonesia Stock Exchange: Malacca Trust Wuwungan lnsurance
The company, subsidiary of Singapore-based Malacca Trust Limited and linked to the family of former president Bacharuddin Jusuf Habibie, is one of the oldest insurance companies in Indonesia (established in 1952). Through its initial public offering (IPO ... ( read original story ...)
Singapore snaps up 10% of Glenveagh as housebuilder floats
The shares were sold in the IPO at a price of €1 each. Singapore’s GIC currently owns 10.2 per cent of Glenveagh, though this will fall to 9.4 per cent, subject to the additional shares being placed, according to a final prospectus on the deal ... ( read original story ...)
Saudis Weigh Delaying International Part of Aramco IPO
That would eclipse the $25 billion raised by Alibaba Group Holding Ltd. in 2014. London and New York exchanges are vying for a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)
Aramco IPO may be delayed
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 ...)
Inda’s foreign reserves enough to cushion vulnerabilities: DBS
India’s foreign reserves, which touched a record $402.5 billion in September, are high enough to cushion the country against external vulnerabilities, the Development Bank of Singapore (DBS) said today. The import cover (on total reserves minus gold ... ( read original story ...)
Singapore exports unexpectedly fall in September
SINGAPORE: Singapore’s key non-oil domestic exports unexpectedly fell in September as a recent rally in electronics shipments unraveled and pharmaceuticals exports continued to fall. Exports of goods made in Singapore fell 1.1% in September compared with ... ( read original story ...)
Singapore: 288 counterfeit phones seized at Customs, 4 men arrested
Counterfeit mobile phones were found for the purpose of trade in the hands of four men in Singapore. They were arrested on Friday, October 13, announced the Singapore Police force (SPF) and Singapore Customs on October 17. The Singapore Customs received a ... ( read original story ...)
McDonald’s Singapore introduces mobile phone lockers to encourage family bonding
IT’S getting harder for families to have quality bonding time over meals with both parents and kids glued to their screens. In an unexpected move encouraging people to go offline during dinner time, McDonald’s has introduced phone lockers at one of its ... ( read original story ...)
Four men arrested for possessing 288 counterfeit mobile phones for trade
SINGAPORE - Four man, aged between 30 and 41, were arrested on Friday (Oct 13), for their suspected involvement in possessing counterfeit mobile phones for trading purposes. They were nabbed after a 14-hour operation, said the Singapore Police Force (SPF ... ( read original story ...)
India’s foreign reserves enough to cushion vulnerabilities: DBS
the Development Bank of Singapore (DBS) said today. The import cover (on total reserves minus gold) is better than what is seen during the 2013 taper tantrum, said DBS in its report on Indian economy. Taper tantrum is the term used to refer to the 2013 ... ( read original story ...)
Singapore exports slump in September
SINGAPORE: A surge in Singapore exports proved short-lived as a plunge in electronics orders put the brakes on goods flows in the trade-reliant country. Non-oil domestic exports declined by 1.1% in September from a year earlier, the worst performance since ... ( read original story ...)