Singapore’s financial markets have rapidly switched to a ... For loans, the total outstanding climbed to S$171 billion ($126 billion) in December, according to the local banking association.
Shein denies report that it’s filed for an IPO
Fast-fashion giant Shein is denying a Reuters report that it has filed confidentially for a U.S. IPO. Why it matters: This would be one of the year's largest IPOs, but also one of the more ...
Exclusive: China’s Shein files for U.S. IPO
Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public ...
50% return in 11 months! Here’s how this Singapore-based fund spotted microcaps in Indian equity market
In an interaction with Business Today, Vineet Arora, Managing Director, NAV Capital said the fund intends to deploy Rs 500 crore in the Indian SME space over the next one year.
Singapore Post (SGX:S08) shareholders have endured a 60% loss from investing in the stock five years ago
Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high.
5 Items That Contributed To Singapore Being The Most Expensive City In The World (According To A Consumer Report)
The 2023 Global Wealth and Lifestyle Report by private bank Julius Baer ranked Singapore, which is home to an increasing number of high-net-worth individuals (HNWIs), as the most expensive city in the ...
With 46% ownership, Boustead Singapore Limited (SGX:F9D) insiders have a lot at stake
Key Insights Boustead Singapore's significant insider ownership suggests inherent interests in company's expansion ...
Singapore stocks up along with regional markets
Gainers outnumbered losers 289 to 216, after 1.2 billion securities worth a collective $970.8 million changed hands. Read more at straitstimes.com.
Singapore’s MAS wants to increase deposit insurance coverage to S$100,000/pax
"MAS’ proposals are not in response to the stresses faced by some banks abroad earlier in the year. The key to ensuring a safe and resilient banking system is through pre-emptive safeguards, meaning ...
Creador acquires 40% stake in the IPO-hopeful M’sian company behind ProDiet & ProBalance
The news comes months after Reuters reported on Pet World’s plans of an IPO in Singapore to raise S$100 million as early as the end of this year. Other than Pet World, Creador-backed Eco-Shop also ...
Singapore seeks views on financing standards for early phase-out of coal in Asia
SINGAPORE - The Republic is seeking public views on standards for financing a speedy but less disruptive phase-out of coal-fired power plants in Asia. The public consultation launched on Wednesday by ...
How AI is Reshaping Banking in 2023
Artificial Intelligence is reshaping global finance by improving customer experience, operational efficiency, and more.
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares started trading in positive territory on Wednesday (Jun 28), tracking gains in the US and Europe markets. Read more at The Business Times.
GuocoLand secures $974 mil green facility to refinance Guoco Tower, launches green finance framework
This is GuocoLand’s largest green facility to date. GuocoLand has secured more than $2.4 billion of green financing to date.
Schroders joins Singapore digital asset initiative, works on tokenised investment vehicle
Schroders says its tokenised vehicle will explore asset ownership linked to blockchain technology that could improve personalisation of investment products and make investment all ...
Schroders explores digital asset fund in Singapore
Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.