APS Asset Management Pte founder Kok-Hoi Wong is preparing to step down as chief investment officer of the Singapore-based hedge fund in the coming year. APS’s current Head of Investment Strategy Wang ...
CVC Rises as Firm, Backers Raise €2 Billion in Long-Awaited IPO
CVC Capital Partners Plc shares climbed as much as 29% after the company and its investors raised €2 billion ($2.15 billion) in an initial public offering, bringing the long-delayed listing process ...
Singapore’s economy boosted by Taylor Swift, Coldplay shows; over half of concertgoers ‘likely’ from overseas
The Monetary Authority of Singapore (MAS) noted estimates by private-sector analysts indicating the concerts could have generated tourism receipts of up to S$450 million.
CapitaLand Investment Q1 revenue dips 0.2% to $650 million
The group highlighted higher contributions from Japan, where it added three rental housing properties. Read more at straitstimes.com.
S’pore microchip firms see growth and investment boom as generative AI proliferates
Singapore is poised to emerge as a critical supplier and processing node for semiconductors that can handle the vast computing and memory needs of running generative a ...
Singapore stocks end lower after US market wobbles ahead of inflation data; STI down 0.2%
The cautious mood left the Straits Times Index (STI) down 5.38 points or 0.2 per cent at 3,287.75 with losers beating gainers 311 to 271 across the broader market on trade of 1.5 billion securities ...
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow. Funding Societies has entered into a strategic partnership with E-Business (SGeBIZ) to bring business-to-business (B2B) embedded finance ...
CVC Ups Deal Size to €2.3 Billion, May Price IPO at Mid-Point
CVC Capital Partners increased the size of its initial public offering by €500 million ($536 million), and is likely to price the share sale in Amsterdam at the middle of an initially proposed range, ...
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent ascent to record highs and positioning itself as a preferred fundraising destination for companies ...
Singapore stocks declined on Thursday—STI dipped by 1.1%
SINGAPORE: Singapore stocks declined on Thursday morning, mirroring the lacklustre performance seen in global markets.... The post Singapore stocks declined on Thursday—STI dipped by 1.1% appeared fir ...
Withers Gathers Class Action Suit Against Cord Blood Bank in Singapore
The scope of the claims may extend beyond mere refunds, touching on complex issues related to the loss of potential life-saving treatments, Withers said.
Singapore, APAC commercial real estate investments up in Q1
Singapore property investments hit US$2.2b last quarter. Commercial real estate transactions in Asia Pacific rose 13% YoY to US$30.5b in the first quarter, snapping seven straight quarters of decline ...
Singapore Bourse: Resistance Expected At 3,300 Points
The Singapore stock market has moved higher in three straight sessions, advancing almost 120 points or 3.6 percent in that span. The ...
Farm Price aims for RM24.5mil from IPO
KUALA LUMPUR: Farm Price Holdings Bhd aims to raise RM24.5mil from its initial public offering (IPO). The group is set for a listing on the ACE Market of Bursa Malaysia on May 14.
Investing In Thai SDRs: 8 Thai Blue-Chip Stocks That Singapore Investors Can Trade Through The SGX
The Thai SDRs allow investors to trade up to 8 Thai blue-chip stocks like any other stocks listed on the SGX, gaining better diversification benefits.
Funds raised by Singapore’s tech startups up 59% in 2023
Singapore’s early-stage emerging technology startups raised US$402mil in funding in 2023, up 59% from the US$253mil raised in 2022, says national investment arm SGInnovate.