Mindspace REIT had allocated 5.52 crore shares under the anchor allotment.Anchor allotment was led by FIIs such as government of Singapore, funds managed by Nomura, Capital Group, Fidelity, HSBC and S ... ( read original story ...)
Singapore Bank Seeks Court Intervention for Distressed Shipping Group
Singapore’s OCBC Bank has sought a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries. Xihe Holdings is part of the troubled Singapore-based Lim ... ( read original story ...)
Credit Suisse faces US$300 million lawsuit in Singapore over rogue trader
Bidzina Ivanishvili, the biggest victim of a rogue trader at Credit Suisse Group, is suing one of the bank's trusts in Singapore for at least US$300 million (S$415.6 million), opening a fresh front in ... ( read original story ...)
Singapore Airlines gets $540 mln in funding to manage coronavirus crisis
July 23 (Reuters) - Singapore Airlines Ltd said on Thursday it had secured S$750 million ($541.87 million) of funding against some of its Airbus and Boeing aircraft to shore up liquidity amid ... ( read original story ...)
Ant Group is taking its IPO to Hong Kong and Shanghai. Why is it skipping New York?
So Ant Financial probably has made a strategic calculation that this is going to be just fine, at least for now, the dual listing in Shanghai and Hong Kong. And the investors are going to find them. ( read original story ...)
Will Hong Kong become like tightly-ruled but stable Singapore?
Limited democracy but high living standards and stability form a trade-off that most Singaporeans seem willing to live with -- and some now suggest rival Asian finance hub Hong Kong can emulate the ... ( read original story ...)
Singapore Stock Market May Recoup Wednesday’s Losses
The Singapore stock market headed south again on Wednesday, one session after it had snapped the three-day slide in which it had dropped almost 35 points or 1.2 percent. The Straits Times Index now ... ( read original story ...)
Singapore’s Tharman calls for ‘activist’ policymaking over big government post-pandemic
Debt-fuelled crisis spending by governments may not last and the wealthy must share the burden to help the less well-off, former finance minister says. ( read original story ...)
Singapore requests future F-35 training location also host its F-16 jets
Singapore has told the U.S. Air Force it wants to co-locate its Arizona-based F-16 training detachment with its future F-35 training unit, with five locations in the U.S. shortlisted as potential ... ( read original story ...)
Nasdaq forms pact with Singapore Exchange to attract dual listings as Ant Group’s blockbuster IPO passes them by
The two exchanges are deepening their partnership at a time when the tensions between the US and China have escalated. ( read original story ...)
Silverstein Properties confirmed as buyer of U.S. Bank Tower in downtown L.A.
The new owner of the U.S. Bank Tower in downtown Los Angeles has been revealed: Silverstein Properties Inc. OUE Ltd., a diversified real estate company listed on the Singapore stock exchange, ... ( read original story ...)
LA’s U.S. Bank Tower sold to World Trade Center developer
The U.S. Bank Tower, one of the tallest buildings west of the Mississippi River and a landmark in downtown Los Angeles, will be sold to the developer of the new World ... ( read original story ...)
L.A. skyscraper U.S. Bank Tower to be sold as pandemic drives down office leasing
Iconic skyscraper U.S. Bank Tower in Los Angeles will sell to the developer of New York's One World Trade Center. ( read original story ...)
NATIONS TRUST BANK SHORTLISTED AS FINALIST IN ‘ASIA TRUSTED LIFE AGENTS AND ADVISERS AWARDS’
Trail-blazing through the Banking Industry of Sri Lanka, Nations trust Bank is shortlisted as a finalist in the category of ‘Bank Partner of the Year’ in the 5th Asia Trusted Life Agents and Advisers ... ( read original story ...)
Capitaland: Singapore Is Asia’s REIT Hub
Source: Yahoo Finance Distributions from Singapore REITs to ETFs are made free of Singapore withholding tax of 17%. Very few of these REITs have been able to grow their DPU's over the last year. ( read original story ...)
Exclusive: Singapore’s Agritrade has potential investors – source
London-based Nithia Capital Resources Advisors LLP is seeking to acquire troubled Singapore commodity trader Agritrade International Pte Ltd (AIPL) and its shares in its Hong Kong-listed subsidiary, ... ( read original story ...)