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Tag: stock market

Posted on 29/08/2020

Singapore Will Seek to Boost Revenue After Drawing Down Reserves

Singapore will take steps to strengthen its revenue position to face a challenging fiscal environment caused by the Covid-19 pandemic, which has already led the country to draw deep from its past ... ( read original story ...)

Posted on 28/08/2020

Shell to Adopt Digital Twin Technology at Singapore Refinery

Shell (RDS.A) is committed to convert Singapore's Bukom and Jurong Island into a globally competitive spot by coalescing human capabilities with advanced digitalization technologies. ( read original story ...)

Posted on 28/08/2020

Is India getting bullied by Singapore in accepting Gift City truce?

Singapore has over the years emerged as a top International Finance Centre (IFC) and the Singapore Exchange (SGX) has found a successful niche in licensing of indices from other jurisdictions such as ... ( read original story ...)

Posted on 27/08/2020

AIP, Tokyu Land Plan REIT IPO for Australian Properties

Any deal would add to the $4.1 billion of property trust IPOs in Singapore over the last three years, data compiled by Bloomberg show. So far this year, the city-state has hosted two REIT listings ... ( read original story ...)

Posted on 26/08/2020

Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families

The Lis and Tungs invested in Ant Group in the fintech company’s US$14 billion private-equity funding round in 2018 before it filed its dual-listing application on Shanghai’s Star Market and in Hong ... ( read original story ...)

Posted on 26/08/2020

Brazil’s Rede D’Or hires banks for IPO, seeks to raise up to $2.72 bln -newspaper

Brazilian hospital group Rede D’Or São Luiz has hired banks for a proposed initial public offering (IPO), the Valor Econômico newspaper reported on Wednesday citing two unnamed sources. SAO PAULO, Aug ... ( read original story ...)

Posted on 26/08/2020

UBS says the Singapore market is currently ‘undervalued’

Singapore's market has "done really badly" so far this year and there is currently "a lot of value" in some of its stocks, says Kelvin Tay of UBS Global Wealth Management. ( read original story ...)

Posted on 26/08/2020

Ant Group files for IPOs in Hong Kong and Shanghai

Ant plans to raise more than US$20 billion from the dual listing, which could even reach US$30 billion if market conditions allow. ( read original story ...)

Posted on 26/08/2020

Singapore’s market is ‘undervalued’ at the moment, says UBS

Singapore's Straits Times Index is among Asia's worst performing indexes so far in 2020. It is still down more than 21% year to date as of Wednesday afternoon Singapore time, according to Refinitiv ... ( read original story ...)

Posted on 26/08/2020

Banking-related phishing scams spike more than 2,500% in first half of 2020

SINGAPORE: The total number of banking-related phishing scams increased by more than 2,500 per cent in the first half of this year to 898 cases, ... ( read original story ...)

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 ...)

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