SINGAPORE shares ended Tuesday (Feb 27) in the red, against a mixed bag of results in other regional stock markets, as investors waited ... Across the broader market, advancers narrowly beat decliners ...
Shein is considering moving its massive IPO from New York to London amid scrutiny over its supply chains and ties to China
Shein, which was founded in China but is now based in Singapore, was seeking a valuation of $80 billion to $90 billion, per Bloomberg.
Shein’s IPO backup plans can unravel
SINGAPORE, Feb 27 (Reuters Breakingviews) - Shein's IPO alternatives look drab. The fast-fashion retailer is eyeing London, Singapore, Hong Kong and other venues as its U.S. listing hits a snag, ...
Shein Mulls London IPO As US Listing Faces Hurdles: Report
Shein, the Chinese fast-fashion giant, is reportedly contemplating a shift of its initial public offering (IPO) from the U.S. to London due to regulatory obstacles. The company is also considering ...
Citibank Singapore Opens Two New Wealth Centres
Citibank Singapore announced today the completion of both its satellite wealth advisory centres here, reaffirming the global bank's fresh commitment to the country as a key strategic location for its ...
“$6 left in my bank account” after losing it all in stock market & crypto; bank debts over S$60K
SINGAPORE: A man took to social media to share that he had lost most of his money in the stock market and cryptocurrency last year and ended up owing the banks over S$60,000 on credit cards and ...
PepsiCo, IBM sell bonds through Singapore to reap tax benefit
A POTENTIAL tax benefit is spurring United States companies including PepsiCo and International Business Machines (IBM) to sell bonds through their Singapore subsidiaries, fuelling a record surge of ...
Singapore Budget 2024 debate: MPs ask to relook CPF interest rates, housing affordability to help Singaporeans reach retirement adequacy
SINGAPORE, Feb 27 — The recent announcement to close the Central Provident Fund (CPF) Special Account of those aged 55 has put the spotlight again on retirement adequacy, with Members of Parliament ...
Shein considering London IPO amid US resistance to listing
Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange ...
Singapore Stocks: Great Eastern Profits Plunge, Shares Fall
Shares of Great Eastern Holdings Ltd (SG:G07) fell 1.7% today after the Singapore-based insurance giant reported plunging profits for the six ...
Chinese companies axe IPO plans amid listing scrutiny
Companies have scrambled to scuttle plans for initial public offering in China this year as the securities watchdog tightens rules on share listings in a bearish market. Forty-seven companies pulled ...
Layoffs: Everything you need to know about retrenchments, including in Singapore
Worried about layoffs? Find out what typically happens when a company decides to retrench its workers, including in Singapore.
Ex-bank officer fined over unlawful computer searches on then boyfriend’s former wife
SINGAPORE – A relationship manager at Standard Chartered Bank (Singapore) used her colleagues’ computers to conduct unauthorised searches on her then boyfriend’s former wife, who was one of the bank’s ...
Extradited S’pore resident who solicited at least $13m in investment scam pleads guilty in US
In or about 2020, Rafiq launched a scheme from Singapore to dupe investment firms in New York and elsewhere into paying for alleged investment interests in various stocks in privately held companies ...
Genting Singapore Stock Slide On Q4 Underperformance
In key news for Singapore stocks, Genting Singapore (SG:G13) slides due to weak fourth-quarter performance. The company’s adjusted EBITDA for ...
A well-skilled workforce is key to attracting foreign investments to Singapore
As at 2022, there were 60,300 majority foreign-owned companies registered here, employing 1.2 million Singaporeans. Read more at straitstimes.com.