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Tag: stock market

Posted on 03/11/2022

Singapore Fintech Festival 2022: Saxo launches digital wealth advisory solution

During the week of Singapore Fintech Festival 2022, Finextra caught up with Saxo's APAC CEO Adam Reynolds and regional head of Saxo Institutional Ivan Chang at their offices in Singapore to discuss ...

Posted on 03/11/2022

upGrad to merge all M&As into parent company ahead of IPO in 2024

In preparation for an IPO in 2024, upGrad has chosen to streamline the corporate structure and also expense out all costs related to mergers and their growth capital in their FY22 and partly in FY23 ...

Posted on 03/11/2022

Bikaji Foods IPO opens today: Here’s everything you need to know

The Rs 881 crore initial public offering (IPO) of snacks and sweets maker Bikaji Foods International is available from November 3-7, 2022. It has a price band of Rs 285-300 per share.

Posted on 03/11/2022

Bikaji Foods IPO open for subscription: Should you have a crispy bite of the issue?

We assign 'subscribe with caution' rating to this IPO as the company is the third-largest ethnic snacks company in India with an international footprint.

Posted on 03/11/2022

Global Health IPO kicks off: Can Medanta keep your portfolio in the pink of health?

Global Health is one of the largest private multi-speciality tertiary care providers operating in the North and East regions of India. It has a network of four hospitals in Gurugram, Indore, Ranchi, ...

Posted on 03/11/2022

Stock market LIVE Updates: Sensex and Nifty likely to make gap-down start after Fed rate hike

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Thursday tracking weak global cues after the Fed announced a 75-basis-point hike in benchmark interest rates ...

Posted on 03/11/2022

Stock Market Live Updates: SGX Nifty signals a negative start; Asian shares trade lower

Asian share markets slid on Thursday after the U.S. Federal Reserve laid the groundwork for a protracted tightening campaign that torpedoed market hopes for a pause, sank bonds and lifted the dollar.

Posted on 03/11/2022

Crypto speculation, CBDCs, talent crunch in focus at Singapore fintech festival

PM-in-waiting Lawrence Wong says there should be ‘no doubt’ Singapore is ‘fully’ embracing emerging technologies. But he says a healthy level of ‘constructive paranoia’ and ‘divine discontent’ is also ...

Posted on 03/11/2022

Medanta operator Global Health raises Rs 662 crore from anchor investors ahead of IPO

HDFC MF, Aditya Birla Sun Life MF, SBI MF, ICICI Prudential MF, Kotak MF, Max Life Insurance Company and SBI Life Insurance Company are among the anchor investors.

Posted on 03/11/2022

Singapore launches new process to digitalize banker’s guarantees, insurance bonds

Singapore's Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) on Wednesday jointly launched a digital process for businesses and individuals to provide a banker's guarantee or ...

Posted on 02/11/2022

Manali Petrochemicals to invest $35 million in Singapore subsidiary

Manali Petrochemicals Limited (MPL) on Wednesday said its Board has approved an additional investment of up to $35 million in its wholly-owned subsidiary AMCHEM Speciality Chemicals Private Limited, ...

Posted on 02/11/2022

Singapore’s factory activity contracts for second straight month

SINGAPORE - October’s factory activity contracted for the second consecutive month while the electronics sector pulled back for the third straight month, suggesting a continued deterioration in ...

Posted on 02/11/2022

No IPO But Online Giant Shein To Open Tokyo Store This Month

Earlier this year the company expanded its Singapore office after making a Singapore firm its de facto holding company, amid a flurry of filings by the online fast-fashion retailer, plus reports that ...

Posted on 02/11/2022

Singapore’s Central Bank Experiments with DeFi to Transform Capital and Bond Markets

The pilot, the first of its kind, was completed under MAS’ Project Guardian initiative that explores potential DeFi applications in wholesale funding markets. Under the pilot, three global banks, ...

Posted on 02/11/2022

Singapore’s Wong stresses ‘responsible’ fintech as crypto stance diverges from Hong Kong’s

The PM-in-waiting said there should be 'no doubt' that the city state was 'fully' embracing emerging technologies such as Web3 and distributed ledgers But a healthy level of 'constructive paranoia' ...

Posted on 02/11/2022

Singapore’s red-hot property prices ‘under control’ amid record US$317 billion of inflows, says central bank chief

Singapore’s central bank chief says its capital and financial markets can handle the record inflows – much of it from North Asia, including China. ‘There’s so much money coming in, you can choose’.

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