Asian stock markets were trading mixed in early trade, as investors stayed on the sidelines ahead of the US Federal Reserve's meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was ... ( read original story ...)
Renewed Selling Pressure Anticipated For Singapore Stock Market
The Singapore stock market on Tuesday snapped the two-day slide in which it had fallen almost 10 points or 0.3 percent. The Straits ... ( read original story ...)
Singapore e-commerce aggregator eyes interoperability across APAC marketplaces
Apart from acquiring Amazon third-party sellers, Singapore-based Rainforest will look to buy fast-growing brands that sell on Asian e-commerce platforms and build tools to help them centrally manage ... ( read original story ...)
Singapore central bank rebukes insurers AIA, Aviva and Prudential
Singapore's central bank said on Tuesday it has reprimanded the local businesses of insurers AIA, Prudential and Aviva for breaching requirements related to risk management and supervisors' pay. ( read original story ...)
Singapore can wield stick to win tech IPOs
Technology companies based in the city-state are feeling the heat. New York-listed conglomerate Sea (SE.N), ride-hailing-to-payments app Grab - a target of a U.S. special-purpose acquisition vehicle - ... ( read original story ...)
Singapore’s Carro becomes a unicorn before IPO
Singapore-headquartered Carro, a Southeast Asian online automotive marketplace, has raised $360 million in its latest funding round led by SoftBank Vision Fund II. ( read original story ...)
Alibaba Health-backed medical data company LinkDoc files for US IPO
The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31. ( read original story ...)
Day 1: Sona Comstar’s Rs 5,500 crore IPO gets off to a muted start
The IPO was subscribed merely 11 per cent at the end of day one. At 5:00 pm, only 1,13,93,298 shares of the company received bids out of a total issue of 10,71,05,262 suggesting that the IPOs rich ... ( read original story ...)
Bank of Singapore: Fed May Only Start Tapering in Early 2022
Bank of Singapore Chief Economist Mansoor Mohi-uddin thinks the Fed may only start tapering in early 2022. He was speaking with Rishaad Salamat and Haslinda Amin on ": Asia." (Source: Bloomberg) ... ( read original story ...)
Ex-lawyer sued for $8m he is accused of misappropriating in alleged bank acquisition fraud
A businessman claims Then Feng misled him into depositing the money in a company set up by the lawyer.. Read more at straitstimes.com. ( read original story ...)
BBDO Singapore’s Monica Hynds: “We Need Our Clients to Push Boundaries with Us”
Little Black Book, The general manager on why she believes opportunities need to be looked for carefully and her frustrations with pitches ... ( read original story ...)
Sona Comstar IPO opens today: Everything you need to know
The Rs 5,550 crore initial public offering (IPO) of Sona BLW Precision Forgings will be available for subscription from June 14-16, 2021. It has a price band of Rs 285-291 per share. ( read original story ...)
Sona Comstar IPO Opens For Bidding. Should You Invest?
The company will use the IPO proceeds to repay debts and for general corporate purposes. Promoted by Sunjay Kapur, Sona Autocomp and Singapore Topco, Sona Comstar designs and manufactures mission ... ( read original story ...)
Sona Comstar IPO subscribed 3%, retail portion booked 16% on day 1
The public issue received bids for 26,95,860 equity shares against the offer size of over 10.71 crore equity shares, the subscription data available on exchanges showed. ( read original story ...)
Sona Comstar IPO opens today: Should you subscribe to the issue?
Sona Comstar will launch its initial public offering (IPO) today. The auto component maker plans to raise Rs 5,550 crore through the share sale. The IPO comprises fresh issue of shares amounting to ... ( read original story ...)
Four IPOs to hit markets next week; companies eye Rs. 9,123 crore
The initial public offering (IPO) market is expected to recover due to the launch of initial share-sales by four firms scheduled next week that is expected to raise Rs. 9,123 crore (US$ 1.25 billion) ... ( read original story ...)