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Tag: stock market

Posted on 02/09/2021

Briton charged in Singapore in Wirecard-linked fraud

Citadelle, a Singapore business administration firm ... has been described as "unparalleled" in Germany by Finance Minister Olaf Scholz. The company's former chief executive Markus Braun and several ... ( read original story ...)

Posted on 02/09/2021

Commentary: Techies essential for Singapore to stay relevant as regional business hub

This could adversely impact Singapore’s status as a regional business hub. Prime Minister Lee Hsien Loong made a passing reference to this in his National Day Rally Speech on Sunday (Aug 29) when he ... ( read original story ...)

Posted on 02/09/2021

Singapore, Australia amongst four central banks to test cross-border digital payments platform

Central banks of Singapore, Australia, Malaysia, and South Africa will develop and test a shared platform to process cross-border digital currency transactions, bypassing the need for intermediaries ... ( read original story ...)

Posted on 02/09/2021

Binance targeting IPO for US crypto exchange in three years, says CEO Zhao Changpeng

Global cryptocurrency exchange Binance is mulling an initial public offering (IPO) for its US business in the next three years, said its CEO Zhao Changpeng. “Binance.US is just going to do what ... ( read original story ...)

Posted on 02/09/2021

Singapore Exchange to issue easier rules for SPAC listings -sources

IPO fundraisings on SGX from January to late August fell to a six-year low of $239 million in Southeast Asia’s total tally of about $8.4 billion, placing Singapore behind Malaysia, Philippines, ... ( read original story ...)

Posted on 02/09/2021

Temasek-backed Oxford Nanopore, a Covid-19 test provider, to launch $4.59 billion London IPO: Sources

The deal will strengthen Britain's efforts to lure life science businesses to its main stock market.. Read more at straitstimes.com. ( read original story ...)

Posted on 02/09/2021

FOMO Pay Receives Regulatory Approval from Monetary Authority of Singapore

FOMO Pay, Fintech based in Singapore, has been approved by the Monetary Authority of Singapore (MAS) to operate three new regulated activities — Merchant Acquisition Service, Domestic Money Transfer ... ( read original story ...)

Posted on 02/09/2021

Hill Dickinson hires new trade and commodities specialist in Singapore

Law firm Hill Dickinson has appointed Devottam Sengupta as a partner in its marine and trade group, based in Singapore. Sengupta specialises in trade, receivables and commodities finance and has ... ( read original story ...)

Posted on 02/09/2021

STARTUP DIGEST: IPO-bound Paytm to create firm for payments business; Xiaomi completes business registration of EV unit

There were several important developments in the startup space on Wednesday. Here’s a wrap of the top startup headlines. IPO-bound payments company Paytm is looking to turn its payment aggregator ... ( read original story ...)

Posted on 01/09/2021

Global Investment Bank and Capital Trust announce USD 68 Million Investment Fund in Artificial Intelligence

Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund, which will invest up to USD 68 million in startups transforming artificial intelligence. ( read original story ...)

Posted on 01/09/2021

Global Investment Bank and Capital Trust announce fund

Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund which will invest up to USD 68 million in startups transformin ... ( read original story ...)

Posted on 01/09/2021

Exclusive-Singapore Exchange to issue easier rules for SPAC listings -sources

Singapore Exchange is preparing to roll out easier guidelines for listings of special purpose acquisition companies (SPACs) in the city-state, which would make it the first major Asian bourse to ... ( read original story ...)

Posted on 01/09/2021

Vijaya Diagnostic IPO: Anchor investors pump in Rs 566 crore, Goldman Sachs, CLSA, others buy stake

Vijaya Diagnostic Centre has raised Rs 566.12 crore from 29 anchor investors ahead of its IPO (initial public offering). ( read original story ...)

Posted on 01/09/2021

Stock Market Today: SGX Nifty edges 10 pts lower; Asian markets flat; all eyes on two IPOs opening today

Nifty futures on Singapore Exchange-traded 13.5 points, or 0.08 per cent, lower at 17,112, signaling that Dalal Street was headed for a muted start on Wednesday. Nifty50 on Tuesday took out the 17,100 ... ( read original story ...)

Posted on 01/09/2021

Malaysia’s Carsome eyes US IPO as it hits $1.75 billion valuation

South-east Asian used-car marketplace Carsome Group said it has raised US$170 million (S$228.6 million) in a funding round from investors including Taiwanese chipmaker MediaTek, cementing its position ... ( read original story ...)

Posted on 01/09/2021

Singapore Cases Persist; Deutsche Bank Mandate: Virus Update

Singapore recorded more than 100 cases of Covid-19 for the eighth straight day on Tuesday. Mauritius is easing isolation rules for visitors after it vaccinated more than 60% of its population sooner ... ( read original story ...)

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