The Singapore stock market has moved lower in three straight sessions, slipping more than 25 points or 0.8 percent along the way. The ...
Singapore bank OCBC posts record quarterly profit, upgrades margin guidance
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) reported on Wednesday its best-ever quarterly profit and upgraded its net interest margin guidance for the full year on the back ...
Olam Agri’s Singapore-Saudi $1.3 billion dual listing may launch as early as June: Sources
The dual IPO in Singapore and Saudi Arabia would make Olam Agri the first company to list in both countries. Read more at straitstimes.com.
Nexus Select Trust REIT IPO:Issue subscribed 28% on Day 1; Non Institutional Investors steal the show; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Olam Agri’s Singapore-Saudi $1 billion dual listing may launch as early as June – sources
Agri-food giant Olam Group aims to launch in June the dual initial public offering (IPO) of its agricultural unit that could raise up to $1 billion in Singapore and Saudi Arabia, two sources with ...
Condom Maker Surges 23% in Mumbai Debut After a $529 Million IPO
Mankind Pharma Ltd. rallied 32% on its first day of trading in Mumbai after raising 43.3 billion rupees ($529 million) in one of India’s largest initial public offerings of the year.
Blackstone’s Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Singapore Wealth Fund Sees More Growth in Fintech After Downturn
Singapore’s sovereign wealth fund said it still sees more growth in the financial technology sector, even after a downturn that’s sent startup valuations plummeting as investors turn away from riskier ...
Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on May 9
As per the regulatory filing on Monday, Nexus Select Trust has raised Rs 1,440 crore from anchor investors, which included many mutual fund and insurance companies.
Najib’s trial: Ex-banker says 1MDB’s US$2.3b ‘investment’ had zero economic benefits, only to prevent fraud detection
Swampillai agreed that this US$2.318 billion purported investment had absolutely “no benefit” to 1MDB, and agreed with the benefit of hindsight that it was to carry out further fraud by evading ...
Singapore may vote on soaring rent as locals feel real estate price pinch
Singapore's Finance Minister Lawrence Wong said, in Singapore, the prime minister has to be a real estate agent while acknowledging that prices have soared ...
Small business, big impact: The benefits of treating IT as an investment
The high cost of tech is hindering SMEs in Singapore from adoption but it can help build a resilient and successful business.
Lazada is about to become a very lucrative failure, as leaks suggest possible IPO in 2024
Latest leaks, reported just a few days ago, suggest that Alibaba is already actively making plans for a possible IPO of the unit next year. “The firm is in the early stages of consideration and ...
Singapore highest globally for total stamp duty on foreigners
The market recently put a 100% increase in the ABSD rate for foreigners. A real estate expert’s study showed that Singapore ranked highest worldwide for total stamp duty rates for a foreign national ...
Me & My Money: Why finance exec prefers to rent a home
It's important to work out the numbers and the opportunity cost of the capital, she says. Read more at straitstimes.com.
5 best regular savings plans in Singapore 2023: Invest with $100 a month
Investing is like exercising daily, improving your cooking skills or sleeping earlier — we all know we should be doing it, but due to lack of time, discipline or knowledge, it sometimes falls to the ...