Lemon Sky Studios, the Malaysian art and animation company involved in videogames such as Square Enix’s Final Fantasy XVI and Marvel’s Spider-Man ...
6 Life Science IPOs in 2023
A handful of biotechs and pharma companies have posted sizable IPOs in 2023, despite a tight economy. Still, the numbers are way down from last year.
Singapore bank to close five accounts held by Myanmar’s MAI
Singaporean multinational banking entity, the United Overseas Bank (UOB), is closing five bank accounts held by MAI - Myanmar Airways International (8M, Yangon), according to a leaked June 25 letter ...
Singapore Billionaire Peter Lim’s Thomson Medical To Buy Vietnam Hospital Operator For $381 Million
Thomson Medical Group has agreed to buy hospital operator Far East Medical Vietnam as the Singapore-based healthcare company expands its footprint across Southeast Asia.
5 Takeaways From Temasek’s FY2023 Performance (And How To Apply It To Our Investments Amid High Interest Rates, Global Uncertainties)
What should you do with your investments while the world grapples with stubborn high inflation? Singapore investment company Temasek’s global direct investments saw a reversal of gains from the high ...
S$8m malware scams: 5 people aged 16 to 28 to be charged with giving Singpass, bank accounts for proceeds laundering
Five people aged 16 to 28 will be charged on Wednesday (July 12) for their suspected involvement in money laundering activities linked to banking-related phishing scams involving malware where victims ...
Singapore’s Temasek says it’s not looking to invest in crypto firms amid current regulatory uncertainties
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong called the loss "disappointing" and damaging for Singapore's reputation. In May, Temasek then announced it is cutting the salaries ...
Singapore state investor Temasek posts negative annual return, its first since 2020
Its global direct investments, particularly in technology, healthcare and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.
Singapore’s Temasek reports portfolio value drop, positive on China tech
Singapore investment firm Temasek Holdings (TEM.UL) on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March.
Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources
GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...
Ascenda unveils expansion of OCBC partnership to grow bank’s premium rewards offering
Today, rewards technology leader Ascenda announced the expansion of its partnership with OCBC, Singapore's longest-established bank and second-largest financial group in Southeast Asia by assets. The ...
Singapore Telecommunications Ltd (STEL)
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
Americans: You Can Buy A Singapore Property Through Ohmyhome Now
Here’s How Americans Have an Edge in One of Asia’s Hottest Property MarketsAmericans save $600,000 in tax for every million dollar of purchase SINGAPORE, July 10, 2023 (GLOBE NEWSWIRE) -- Ohmyhome ...
Chinese developer Kaisa Group faces winding-up petition by Singapore hedge fund on yuan-bond payment miss
Kaisa Group received a winding-up petition in Hong Kong from a Singapore-based hedge fund for non-repayment of a yuan-denominated debt and accrued interest. The stock crashed to a record low.
What is ‘GIFT Nifty’ — the new avatar of the India-Singapore joint stock exchange, now in Gujarat
The cross-border initiative connecting India & Singapore’s capital markets will now be traded from GIFT city in Gandhinagar, the country's 1st international financial services centre.
Singapore Hedge Fund Files Wind-Up Case Against China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially complicating the Chinese builder’s debt-restructuring effort.