Singapore state-owned investment firm Temasek Holdings is reportedly in talks to invest in OpenAI, the AI development firm behind ChatGPT. Financial Times reported Tuesday, citing sources that said ...
How Shein’s US IPO Became Endangered by China Rift
US investors are facing the growing risk of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots considers holding it in London instead.
Chinese fast fashion brand Shein could have its wings clipped before it IPOs as France mulls 50% tariff and U.K. retailers call for closure of tax loophole
French lawmakers want to tax fast fashion's environmental harms, while U.K. retailers want the government to close Shein's parcel loophole.
Olam Group’s Singapore-Saudi dual IPO plan for agri unit delayed again
Olam Group said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies.
Dubai’s Parkin sets IPO price range of up to 2.1 dirhams per share
DUBAI, March 5 (Reuters) - Dubai's Parkin, which oversees public parking operations in the emirate, has set the price for its planned initial public offering (IPO) at 2 to 2.1 dirhams ... from top ...
Mobile-Health Network Solutions Finalizes U.S. IPO Terms
Mobile-Health Network Solutions has filed for an IPO to raise $10.125 million. The company provides a telehealth platform and related services in Singapore. Due to a number of risks, mediocre growth ...
Asia seeks 2024 redemption for IPOs
2023 was a testing time for many of Asia's stock markets through a combination of weak performance and a lack of IPOs. FA looks at what went wrong ... others including China, Hong Kong, Singapore and ...
Exclusive: Singapore’s Temasek shortlists Saudi Aramco, Shell in sale of Pavilion Energy assets, sources say
SINGAPORE/LONDON, March 5 (Reuters ... The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG ...
Shell companies in Singapore linked to money laundering operation in India
One of India's law enforcement agencies has uncovered a money laundering operation involving fake invoices issued by purported shell companies in Singapore for software and other services.The ...
Singapore Market falls 0.43%
At closing bell, the Straits Times Index (STI) index was down 13.55 points, or 0.43% to 3,122.21 after trading between 3,119.70 and 3,147.40. Volume of 1.56 billion shares worth S$967.80 million ...
IPO Roundup: Ryde Group, SolarJuice, and more
The IPO market is kicking off March with a few small issuers scheduled to price in the upcoming week and the possibility of bigger names, like Astera Labs (ALAB) and Reddit (RDDT), joining in later in ...
Singapore Invokes Controversial Foreign Interference Law for the First Time
He also founded Mutual Benefits Realty, which serves wealthy Chinese looking to invest in Singapore property. The Chinese Embassy in Singapore did not respond to VOA’s request for comment on Singapore ...
Singapore to Boost Wage Threshold for Expats, Straits Times Reports
Singapore plans to raise the salary threshold for foreign workers from next year, as it seeks to create better and more job opportunities for locals, the Straits Times reported, citing Manpower ...
Singapore Minister Sticks Up for US Envoy After Scathing Report
A senior Singaporean official took to social media to defend US Ambassador Jonathan Kaplan after an internal watchdog in Washington reported the envoy had threatened staff and poorly promoted American ...
Successful Company Incorporation in Singapore for Foreigners
Singapore, with its robust economy, strategic location, and favorable business environment, has established itself as a global hub for entrepreneurs and investors. The city-state’s commitment to ...
Singapore tightens rules for hiring foreign professionals
SINGAPORE, March 4 (Reuters) - Singapore will raise the salary criteria for foreign executives and professionals that companies can hire starting next year, the government announced on Monday. From ...