Here’s a quick update on our report a few weeks back that social trading company ayondo would not be undergoing a reverse takeover (RTO) IPO due to a lapsed bid from Singapore-based property developer, Starland Holdings. Today, ayondo has announced that ... ( read original story ...)
SATS Ltd’s Stock Price Is Near A 52-Week Low Now: Is The Stock Cheap?
(The higher the yield is, the lower a stock’s valued.) In sum, we can argue that SATS is currently priced at a steep premium to the market given its significantly ... Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies ... ( read original story ...)
Renewed Support Tipped For Singapore Shares
(RTTNews.com) - The Singapore stock market on Tuesday ended the three-day winning streak in which it had gathered almost 55 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,290-point plateau although it may bounce higher again on ... ( read original story ...)
China to Flex Market Muscles in First Dollar Bond Since 2004
Singapore-based head of credit strategy at Australia & New Zealand Banking Group Ltd. "Initially the market will price at a discount to intra-regional peers such as Korea." While both Moody’s and S&P flagged concerns over China’s continuing buildup of ... ( read original story ...)
Impending elections keep stock market investors on the sideline
Wellington Management Singapore investment director Andrew Sharp-Paul said the markets are restless because of the changes in the role of central banks as active participants in the asset markets. “One of the key drivers of uncertainties in the market ... ( read original story ...)
If October Is A Smooth Ride, Enter The Market With Courage!
The US stock market performance in October has been not bad However ... China’s market outlook after the 19th National Congress of the Communist Party of China The Singapore property sector outlook Which stocks to consider and which stocks to avoid? ( read original story ...)
Singapore’s finance, accounting professionals say they are not prepared for future job demands: Survey
SINGAPORE - Singapore's finance and accounting professionals say they are not prepared for future job demands amid disruptions in the economy and lack workplace support to develop the necessary skills, according to a survey by Ernst & Young and CPA Australia. ( read original story ...)
Singapore’s data centre rental market is tenant-favourable
Singapore’s data centre rental market is tenant-favourable, says the 1H2017 Asia Pacific Data Centres Marketview report by CBRE Research. However, there has been less pressure on occupancy as supply eases, with only 18 megawatts (MW) of new deliveries in ... ( read original story ...)
50 Startups: Central Bank Director Touts Singapore as Blockchain Hub
A senior official for Singapore's de facto central bank says that as many as 50 startups in Singapore are working with blockchain. During a speech yesterday, Monetary Authority of Singapore (MAS) managing director Ravi Menon said that dozens of new ... ( read original story ...)
Sea IPO: Early Look At This Singapore Gaming Company Listing Stateside
Sea, the Singapore-based Internet company, announced its intention to list its stock under ticker SE on the NYSE. Sea began as a gaming company called Garena in 2009, but has since expanded to include ecommerce and digital payment services. Garena is the ... ( read original story ...)
Stanchart’s transfer of private banking assets to Singapore comes under MAS’ scrutiny
SINGAPORE - The transfer of US$1.4 billion (S$1.9 billion) of private bank client assets from the English Channel isle of Guernsey to Singapore before new tax transparency rules were introduced has come under the scrutiny of the Monetary Authority of ... ( read original story ...)
Heng Swee Keat to attend G-20 finance ministers, central bank governors meeting in Washington
SINGAPORE - Finance Minister Heng Swee Keat will be in Washington, DC, from Oct 11 to 13 to attend a meeting of Group of 20 (G-20) finance ministers and central bank governors. He will also attend the annual meetings of the World Bank Group and ... ( read original story ...)
Diamonds: A Singapore Bourse Calls Them Portfolio Must-Have
When it comes to havens, investors usually think of gold or Treasuries. Now an exchange in Singapore is starting to trade a credit card-sized package of diamonds for those seeking a shelter from global risks. While bullion trades in standard weights and ... ( read original story ...)
Owner of Garena gaming platform seeks up to $950m from IPO
South-east Asia's most valuable start-up Sea - known for its Garena gaming and shopping platform - aims to raise as much as US$696 million (S$949.6 million) in its United States initial public offering (IPO). The Singapore-based company, formerly called ... ( read original story ...)
Singapore aims to rival London and New York in debt restructuring
[cat_name] => Finance and Insurance [category_nicename] => finance-and-insurance [category_parent] => 54 ) ) Singapore authorities are trying to position the Southeast Asian republic as a debt restructuring centre on a par with London and New York ... ( read original story ...)
Amazon Faces Challenge From Malls, Alibaba in Singapore
As Amazon.com Inc. pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago. Delivery delays ... ( read original story ...)