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Tag: stock market

Posted on 25/08/2020

Finance professionals say Singapore firms face cash flow problems from Covid-19 demand hit: Survey

Finance professionals expect a slow return to normal from the impact of the coronavirus-induced recession, according to a survey by the Association of Certified Chartered Accountants (ACCA) Singapore. ( read original story ...)

Posted on 25/08/2020

Singapore Stock Market May Pick Up Additional Support

The Singapore stock market has ticked higher in consecutive trading days, gathering almost a dozen points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 2,540 ... ( read original story ...)

Posted on 25/08/2020

China’s Nongfu Spring to raise $1.1 billion in Hong Kong IPO

Chinese drinks maker Nongfu Spring will raise up to $1.08 billion by pricing its shares between HK$19.50 to HK$21.50 ($2.52 to $2.77) in its Hong Kong initial public offering, according to ... ( read original story ...)

Posted on 25/08/2020

Nongfu Seeks $1.1 Billion in Year’s Second Biggest F&B IPO

China bottled water giant Nongfu Spring Co. is seeking to raise as much as HK$8.35 billion ($1.1 billion) in what could be the world’s second biggest initial public offering by a food and beverage ... ( read original story ...)

Posted on 25/08/2020

Citadel to open a Singapore office in fresh Asia expansion push

Billionaire Ken Griffin’s finance companies plan to open a Singapore office this year in a fresh push to expand in Asia. The new office will be shared by his Citadel hedge fund business and the market ... ( read original story ...)

Posted on 24/08/2020

Singapore’s core inflation gauge hits lowest in over eight years

Singapore's core inflation gauge fell to its lowest level since at least 2012 in July, official data showed on Monday. The measure closely-watched by the central bank fell 0.4% year-on-year, hitting ... ( read original story ...)

Posted on 24/08/2020

Billionaire Ken Griffin’s Citadel Opens Singapore Office

Billionaire Ken Griffin’s finance companies plan to open a Singapore office this year in a fresh push to expand in Asia. ( read original story ...)

Posted on 22/08/2020

43% Singaporeans in financial sector reflects international Singapore’s role

Across the entire financial sector, the proportion is about 43 per cent, reflecting Singapore’s role as an international financial centre, says Monetary Authority of Singapore (MAS) Responding to a ... ( read original story ...)

Posted on 21/08/2020

Singapore’s stock exchange to partner FTSE Russell for derivatives offerings after MSCI moves futures to Hong Kong

The Singapore Exchange (SGX) struck a long-term strategic partnership with index provider FTSE Russell to develop a broad series of Asian- and emerging markets-focused, multi-asset derivatives in a ... ( read original story ...)

Posted on 20/08/2020

Singapore to hold virtual IP Week@SG

IP Week@SG, a global conference organised by the Intellectual Property Office of Singapore (IPOS), will go virtual this year from August 25-27. ( read original story ...)

Posted on 20/08/2020

Top 3 Singapore dividend stocks to watch

Analysts raised their share price targets on Venture, Wilmar and UMS, citing their higher dividend yields for 2020 as plus factors. ( read original story ...)

Posted on 20/08/2020

Fate of Jack Ma stake hangs over Ant Group’s mega IPO plan

"This is the IPO that many investors have been waiting ... lead analyst at DZT Research in Singapore. "When (shares) are transferred to employees, it will take some time before they can sell ... ( read original story ...)

Posted on 19/08/2020

Singapore Regulator to Push for More Locals in Senior Bank Roles

Singapore’s financial regulator will step up efforts to urge banks to place more citizens in senior management roles, according to its chief. The Monetary Authority of Singapore confers with senior ... ( read original story ...)

Posted on 18/08/2020

Tencent-backed online brokerage Futu looks to cash in on Hong Kong IPO boom with plans to expand margin financing

It also said the growth in its interest income was partly helped by IPO financing due to an active IPO market ... had obtained an in-principal approval from the Monetary Authority of Singapore for a ... ( read original story ...)

Posted on 18/08/2020

China’s Ant Group Plans Consumer Finance Firm in Growth Push Ahead of IPO

but officials have pinpointed consumer lenders as a key lever in rebooting consumption. (Reporting by Julie Zhu; Additional reporting by Keith Zhai in Singapore; Editing by Sumeet Chatterjee and ... ( read original story ...)

Posted on 17/08/2020

Singapore bourse bulks up with deals to fight Hong Kong threat

Currently, about 40% of listed companies and over 80% of listed bonds originate from outside Singapore. The bourse's last IPO, on its secondary Catalist board, was of local healthcare player ... ( read original story ...)

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