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Tag: stock market

Posted on 16/09/2023

Simpple Shares Rise 9% After IPO Closes

By Chris Wack Simpple shares were up 9%, to $5.11, after the Singapore-based property-technology company closed its initial public offering. The shares ...

Posted on 15/09/2023

BlackRock lists Singapore’s largest-ever equity ETF at record US$426 mil to drive climate action

BlackRock lists Singapore's largest-ever equity exchange-traded fund, or ETF, at record US$426 mil to drive climate action. The market share of such funds focused on ESG themes is growing fast in Asia ...

Posted on 15/09/2023

Emerging Markets: Singapore stocks hit one-month high as Asian equities rise as China data lifts sentiment, FX mixed

Major Asian equity markets rallied on Friday, while emerging currencies were mixed after market-beating economic data from China added to expectations that global central banks were close to being ...

Posted on 15/09/2023

Cayman Islands to open Singapore office to lure Asia’s wealthy

The Cayman Islands will open an office in Singapore by the end of the year, as the Caribbean offshore financial services centre seeks to capture more business from Asia’s hedge funds and wealthy families.

Posted on 15/09/2023

EbixCash’s IPO filing doesn’t disclose an adverse court order

The firm, a unit of Nasdaq-listed Ebix Inc., received the markets regulator’s approval for a ₹6,000 crore IPO in April.

Posted on 15/09/2023

The IPO market has ‘lost a lot of relevance,’ says Swiss asset manager Partners Group

The IPO market has lost a bulk of its relevance in the real economy, but there "absolutely enormous" opportunities are abound in the health-care sector.

Posted on 15/09/2023

Singapore has seen investment increase from India, China, and SEA – official

Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its investment chief said on Thursday.

Posted on 15/09/2023

Bongbong Marcos urges Singapore businessmen to invest in PH

President Ferdinand "Bongbong" Marcos Jr. on Wednesday encouraged Singaporean businessmen to invest in the Philippines’ renewable energy, smart and innovative economy and infrastructure ...

Posted on 15/09/2023

Singapore’s Central Bank Bans Three Arrows Founders From Finance For 9 Years

Singapore's Monetary Authority (MAS) has imposed a stringent nine-year prohibition order on the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies. This decision comes after the duo ...

Posted on 15/09/2023

SoftBank’s Arm rises up to 15% after year’s biggest IPO

Investors in the IPO included some of Arm’s biggest customers. The company set aside more than US$700 million of its stock for Intel Corp., Apple Inc., Nvidia Corp., Samsung Electronics Co. and Taiwan ...

Posted on 14/09/2023

Fewer job vacancies in Singapore in Q2 2023, fall from peak in Q1 2022

SINGAPORE — The number of job vacancies declined for the fifth consecutive quarter to 87,900 in the second quarter of 2023, according to the Ministry of Manpower's (MOM) second-quarter 2023 labour ...

Posted on 14/09/2023

Singapore government says report on rising minimum income standards ‘may not be accurate reflection of basic needs’

A report on minimum household income required amid inflation “may not be an accurate reflection of basic needs”, and its findings should be interpreted instead as “what individuals would like to have” ...

Posted on 14/09/2023

Singapore’s resident employment falls for the first time in 3 years

The Ministry of Manpower said employment growth in some sectors was offset by a drop in the number of people working in retail trade and food and beverage services. MOM attributed the contraction to ...

Posted on 14/09/2023

S’pore proptech start-up Simpple eyes global expansion after US IPO

Singapore property start-up Simpple listed on Nasdaq exchange in the United States on Wednesday as part of ambitious global expansion plans. Read more at straitstimes.com.

Posted on 14/09/2023

Singapore proptech start-up Simpple lists on Nasdaq, prices IPO shares at US$5.25 apiece

The Singapore-based company said it has raised about $11.4 million from the flotation. Read more at straitstimes.com.

Posted on 14/09/2023

Singapore reaping rising investment from India, China, Southeast Asia – official

Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its investment chief said on Thursday.

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