President Trump warned stocks would crash if Joe Biden won the presidency. Instead, in the first trading session since Biden sealed his victory, they rocketed to near-record highs. Follow the latest ... ( read original story ...)
Suspension of Ant’s IPO could slash value by $188b
HONG KONG • China's move to halt Ant Group's massive stock debut could reduce the fintech giant's value by as much as US$140 billion (S$188 billion), according to analysts' revised estimates.. Read ... ( read original story ...)
Stalled IPO seen cutting Ant Group value by $140 billion
China's move to halt Ant Group Co.'s massive stock debut could reduce the fintech giant's value by as much as $140 billion, according to analysts' revised estimates. New regulations that could force ... ( read original story ...)
Singapore Airlines confident of having ‘very strong liquidity’ as it explores new sources of funds to tide through COVID-19: CEO
SINGAPORE: Singapore Airlines (SIA) is stepping up efforts to seek fresh sources of funds and it is confident that it will have “very strong ... ( read original story ...)
Monetary Authority of Singapore Launches $18.6 Million Productivity Solutions Grant for Financial Services Sector
Monetary Authority of Singapore launches $18.6 million productivity solutions grant for financial services sector. ( read original story ...)
Singapore Airlines Seeks Liquidity After Suffering Record Loss
(Bloomberg) -- Singapore Airlines Ltd. plans to raise more liquidity after posting its biggest quarterly loss on record as the coronavirus decimated travel demand and charges from fuel hedging and ... ( read original story ...)
Ant Group’s Stalled IPO Seen Slashing Its Value by $140 Billion
China’s move to halt Ant Group Co.’s massive stock debut could reduce the fintech giant’s value by as much as $140 billion, according to analysts’ revised estimates. ( read original story ...)
KL-Singapore HSR: Malaysia intends to continue with project given the ‘positive multiplier effect’ on economy, says finance minister
The Malaysian government intends to proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) project as it is able to "generate ... ( read original story ...)
Investors March Back Into China Bets After Ant IPO Halt, U.S. Vote
The shock suspension of Ant Group's massive share offering and a possible Joe Biden U.S. presidency have become fresh tailwinds for China's stock market, as investors rush to snap up a piece of an ... ( read original story ...)
Green finance among options Singapore needs to adopt to achieve climate and economic goals
To ensure economic growth and fight climate change at the same time, Singapore needs to leverage green finance and mobilise capital for low-carbon investments, said Minister of State for ... ( read original story ...)
Ant Group to push ahead still with S’pore digital bank licence application after IPO scrapped
MAS will issue up to two digital full bank licences and three digital wholesale bank licences.. Read more at straitstimes.com. ( read original story ...)
Green finance seen as key in S’pore’s climate change fight
To ensure economic growth and fight climate change at the same time, Singapore needs to leverage green finance and mobilise capital for low-carbon investments, said Minister of State for ... ( read original story ...)
How billionaire Jack Ma fell to earth and took Ant’s mega IPO with him
Tell that to Jack Ma. Corporate China’s shiniest star was just days away from seeing his Ant Group list on the stock market in a record $37 billion deal, when he chose to launch a blistering public ... ( read original story ...)
Singapore Re-Opening Plan Ditches Quarantine for Tests, Ratios
(Bloomberg) -- Singapore is using a plan involving ratios and testing to open its borders to as many international visitors as possible based on their home country of risk, Minister for Trade and ... ( read original story ...)
Singapore’s Financial Services Sector Is on the Brink of Disruption following COVID-19 Outbreak, According to Fintech Industry Professional
Singapore's financial services sector is on the brink of disruption, according to Singapore Fintech Association President. ( read original story ...)
How Singapore’s QQQ Capital Management became the world’s best performing hedge fund with bets on Chinese education firms
Mainland born Qian Yongqiang turns his Singaporean firm into the world’s best performing hedge fund with returns of 275 per cent this year. ( read original story ...)