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Tag: stock market

Posted on 27/07/2023

Singapore’s UOB bank Q2 net profit rises 27pc on-year, in line with forecast

Singapore’s United Overseas Bank (UOB) reported today a 27 per cent increase in net profit in the second quarter from a year earlier that is in ...

Posted on 26/07/2023

De-risking from China will lead to a ‘more expensive world,’ warns CEO of Singapore’s $290 billion investment firm: ‘It’s an insurance policy, you pay a premium’

Pillay has served as CEO of Temasek since October 2021; he was previously head of the state-owned investor’s international division. Temasek Holdings is Singapore’s state-owned investment company and ...

Posted on 26/07/2023

Singapore-headquartered Mirxes secures US$50 mil in Series D funding; files listing application with HKEx

Singapore-headquartered Mirxes Holding Company has successfully secured US$50 million ($66.3 million) in its Series D funding round.

Posted on 26/07/2023

Singapore biotech Mirxes files for Hong Kong IPO after raising $66 million

SINGAPORE - Cancer diagnostics company Mirxes has applied to Hong Kong’s stock exchange for an initial public offering (IPO), potentially becoming the first company based outside of China and Hong ...

Posted on 26/07/2023

DBS Group: A Solid Bank, But Limited Catalysts In The Near Term

DBS' strong position, robust capital, & positive long-term growth outlook make it a top-performing bank in Singapore, with a reasonable dividend yield of over 5%. Read more here.

Posted on 26/07/2023

Singapore High Court Declares Crypto as Property in Case Involving Bybit

Singapore’s High Court has recognised crypto as a property capable of being held on trust, in a case involving Seychelles-based exchange Bybit and a contractor, according to a court judgement ...

Posted on 26/07/2023

Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News

Jack Ma's Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on Tuesday.

Posted on 26/07/2023

Yatharth Hospital IPO opens: GMP, subscription status, should you subscribe or not?

SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few ...

Posted on 26/07/2023

Yatharth Hospital IPO: Firm mobilises ₹206 crore from anchor investors a day ahead of subscription

Yatharth Hospital & Trauma Care said in an exchange filing it has raised ₹ 206 crore from anchor investors on July 25, a day ahead of its IPO subscription opening for bidding. Yatharth Hospital's ...

Posted on 26/07/2023

Jack Ma-backed Ant plans restructuring, paving way for Hong Kong IPO

HONG KONG – Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of its China financial-related business, according to people familiar with the matter, ...

Posted on 26/07/2023

Singapore’s GIC Says Investment Climate to Remain Challenging

The sovereign-wealth fund said generative AI and extended periods of high interest rates will be new disrupters.

Posted on 26/07/2023

Why non-banking institutions are a hit for SME banking

SME banking is becoming a key focus area for banks as small businesses continue to favor non-banking providers for financial services.

Posted on 26/07/2023

TVS Supply Chain Solutions gets Sebi’s nod for IPO launch. Details here

TVS Supply Chain Solutions IPO consists of a fresh issue of equity shares aggregating up to ₹750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and existing shareholders.

Posted on 26/07/2023

Ahead of IPO, Yatharth Hospital mobilises Rs 206 cr from anchor investors

This led to a reduction in the fresh issue size to Rs 490 crore from Rs 610 crore planned earlier.Going by the RHP, Yatharth Hospital operates three super speciality hospitals located in Delhi-NCR.

Posted on 25/07/2023

Hi-P International executive chairman wins top accolade at Singapore Business Awards

LOCAL business leaders were celebrated for making a difference in their respective industries on Tuesday (Jul 25) at the 38th Singapore Business Awards (SBA). Read more at The Business Times.

Posted on 25/07/2023

Sixth Annual Bloomberg New Economy Forum Returns to Singapore, November 8–10, With “Embracing Instability” As 2023 Focus

Bloomberg today announced the Bloomberg New Economy Forum's return to Singapore, November 8-10, 2023, with a full delegation of global corporate and government leaders.

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