SINGAPORE - Local equities continued to slide on Monday ... The day's strong stocks included electronics provider Venture Corp, which recently posted a 61 per cent year-on-year jump in net profit. Its shares jumped 7.5 per cent or $1.04 to close at ... ( read original story ...)
A better venture the second time around
But Amperes Electronics Sdn Bhd director Ng Siew Kean ... products to over 20 countries in the Middle East and the South-East Asia regions including Singapore, Vietnam and UAE. In 2016, the company achieved a revenue of RM15mil with 30% of the revenue ... ( read original story ...)
New study: Static random access memory (SRAM) market forecast 2014 – 2020
On the basis of end-use application SRAM market is segmented into communication industry, computer /IT sector, consumer electronics industry and automotive sector, among others. China, Taiwan, Singapore, India and Malaysia are some of the countries holding ... ( read original story ...)
Shipbuilder goes from Singapore’s worst to best performing stock in one year
SINGAPORE — A recovery in demand for new bulk carriers has ... The company’s new order flow for 2017 looks to be on track for US$1.2 billion, according to a report by HSBC Global Research on Monday. It reported US$823 million in 2016, according to ... ( read original story ...)
Paris Aims to Overtake Frankfurt in Race for Brexit Bank Jobs
HSBC, which has a French retail bank ... London tops the list, followed by New York and Singapore. “Many banks, many investors, should be aware that France is changing,” Le Maire said, citing Paris Saint Germain’s world record signing of Brazilian ... ( read original story ...)
Asean to give infrastructure a big push
Asean investors have become the largest investors in their own region, three times more than from Chinese investors, said Tony Cripps, chief executive officer of HSBC Singapore. According to Asean Investment Report 2016, Asean remained a major destination ... ( read original story ...)
From Worst to Best: A Shipbuilder’s Fortunes Turn Around
By Krystal Chia and Livia Yap (Bloomberg) — A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock ... according to a report by HSBC Global Research. It reported $823 million last year, according to a company statement. ( read original story ...)
The new trade order
Tony Cripps, the CEO of HSBC in Singapore, said Asean was the world's fourth-largest trade bloc and about 25% of its trade activity was within the connected countries of the 10-member bloc, so "the fundamentals are incredibly powerful", especially with the ... ( read original story ...)
Be financially savvy: 7 tips for millennials to better prepare themselves for retirement
Among these dreams is retirement at 60. According to HSBC's Singapore report in May on The Future of Retirement series, Shifting Sands, most of those here aged between 20 and 37 expect to quit working at 60. This is two years earlier than the overall ... ( read original story ...)
Australian wheat exports to Asia soar as tastes change
In Vietnam, the humble local baguette or banh mi is a key driver of Australian wheat exports, while noodles in Vietnam are almost exclusively made from Australian wheat. Greg Harvey, Australian chief executive of the Singapore-based Interflour milling ... ( read original story ...)
WeWork is raising tons of money as it marches toward Asia
The company also bought Singapore co-working firm Spacemob in a separate deal ... The company, which is considering an IPO, is reportedly in talks to rent a building in Hong Kong’s nightlife district. ( read original story ...)
World Class Global first-half loss narrows on forex gain
The increase in share capital was due to the issuance of new ordinary shares in the capital of the company pursuant to the IPO while the rise in other ... shares jumped 4.1 percent to S$0.255 on the Singapore Exchange. ( read original story ...)
HNA’s Singapore REIT Partner Is Said to Explore Reducing Ties
announced in March it planned to buy at least a 35 percent stake in a REIT that will list in Singapore, as well as 75 percent of a trust management company formed with AEP. The IPO was slated to raise more than $400 million, people with knowledge of the ... ( read original story ...)
Latham & Watkins advises on $500-mn Azure Power Green Bond Offer
The Latham team was led by Singapore partner and India Practice Head Rajiv Gupta along with others. Rajiv Gupta in a statement said: “Following our work with Azure on their US IPO in 2016, it has been a pleasure to work with them once more on this ... ( read original story ...)
Singapore’s Datapulse Technology To Buy Industrial Property For S$10.5 Mln
SINGAPORE (Aug 07) -- Singapore's Datapulse Technology, a digital storage company, said Monday it plans to purchase an industrial property located at Toa Payoh, Singapore for S$10.5 million ($7.70 million). "The proposed acquisition would provide the ... ( read original story ...)
M1 launches commercial IoT network in boost to Singapore’s Smart Nation drive
Mr Tan Kiat How, chief executive of the Infocomm Media Development Authority (IMDA), said he was "heartened" about the launch, noting that IoT is a key technology area for growth which will drive Singapore's digital economy. The NB-IoT network will ... ( read original story ...)