According to Advance Bridge Healthcare, Singapore Paincare has not raised equity since its 2020 IPO and is not expected to do so. The firm believes a public listing is no longer necessary and that ...
Singapore Dollar Weakens After Trade Court Strikes Down Trump’s Tariffs
The Singapore dollar weakened against its U.S. counterpart in the Asian session after a federal trade court ruled President Trump didn’t have the authority to impose sweeping tariffs on virtually ...
Shein switching to Hong Kong listing after London IPO stalls: Sources
Its proposed listing in London failed to secure green light from Chinese regulators, sources said. Read more at straitstimes.com. Read more at straitstimes.com.
Here’s what’s behind China’s IPO crackdown
A total of 428 IPO applications were withdrawn in China in 2024, according to Yicai Global, marking a 75% increase compared to the previous year. Chinese companies raised approximately $25.2 billion ...
Can MAS reforms halt the decline of the Singapore equities market?
Without these reforms, SGX risks remaining a marketplace of empty aisles, where suppliers peddle substandard goods as shoppers seek better venues elsewhere. For a lasting revival of the Singapore ...
Shein’s pursuit of an IPO: From New York to London to Hong Kong
Shein is working towards a listing in Hong Kong, as Chinese regulators did not approve the online fast-fashion retailer's proposed IPO in London, according to three sources with knowledge of the ...
Singapore households’ debt up, but asset growth more than keeps pace
While falling interest rates may help, one observer says to look out for difficulties such as bad debts. Read more at straitstimes.com. Read more at straitstimes.com.
China-led development lender plans to open Singapore, HK offices: Sources
It opened its first overseas office in September 2023 in Abu Dhabi. Read more at straitstimes.com. Read more at straitstimes.com.
Shein Is Said to Weigh Hong Kong as IPO Venue Instead of London
Shein Group Ltd. is considering switching its planned initial public offering to Hong Kong instead of London, people familiar with the matter said.
Blue Water Logistics IPO subscribed over 2 times on Day 2: Check GMP, price band and other details
Qualified institutional buyers (QIBs) led the demand, subscribing 3.31 times their allotted quota, followed by non-institutional investors (NIIs) at 1.86 times and retail investors at 1.54 times. The ...
Shein Looks to Hong Kong as UK IPO Stalled, Reuters Says
Shein Group Ltd. is working toward an initial public offering in Hong Kong after the fast-fashion company had not yet received approval from Chinese regulators for a London listing, Reuters reported ...
RHB Bank aims high despite headwinds
Under P27, RHB plans to remodel group wholesale banking client relationships and strengthen its advisory capabilities and tools to enable higher fee income growth. Its non-interest income (NOII) to ...
Wages in Singapore grew 3.2% in 2024, fewer firms planning increase in 2025
A federal judge on Tuesday struck down an executive order targeting law firm WilmerHale, in the third ruling to overwhelmingly reject President Donald Trump's efforts to punish firms he perceives as ...
FDI inflows up 14% to $81 billion; Singapore top contributor
Amid concerns over India’s net foreign direct investment (FDI) plummeting 96% to just $0.4 billion in 2024–25, data from the Department for Promotion of Industry and Internal Trade (DPIIT), under the ...
Asean, Gulf bloc can work more closely on trade and investment, energy, digital economy: PM Wong
KUALA LUMPUR] In a turbulent world, Asean and the Gulf Cooperation Council (GCC) can do more to promote trade and investment, as well as advance common interests in energy transition and the digital ...
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0651 GMT – BRC Asia delivers on its merger-and-acquisition strategy ...