Tag: stock market

IPO activity could rise by as much as 30% in a year. Singapore ranked after Hong Kong in a global ranking of attractiveness for mergers and acquisitions (M&A) and initial public offerings (IPO), legal firm Baker McKenzie revealed. According to a report ... ( read original story ...)

The Singapore IPO raised $273m. The Singapore initial public offering (IPO) of Keppel-KBS US REIT has received 9,064 applications for 227,764,700 units. The public offer was 6.7 times oversubscribed, raising $273m (US$200.4m). According to a press release ... ( read original story ...)

Bahrain-based Bank ABC (Arab Banking Corporation), the leading international banking Group in the MENA region, has announced the opening of a branch in Singapore. This comes as part of the Bank’s plan to expand its international network, which already ... ( read original story ...)

(Bloomberg) -- Singapore seafood hawkers have been competing for decades in the city-state’s notoriously cutthroat culinary scene. Now they’re vying for the favor of stock market investors. No Signboard Holdings Ltd., known for its signature white ... ( read original story ...)

People are – quite rightly – excited about the future of the financial services industry. The opportunity to surpass the traditional financial services experience with new digital innovations and strategic business models that are breaking barriers ... ( read original story ...)

Singapore Fintech Festival returns this year to bring together fintech players, policy makers, financial industry leaders, venture capitalists, investors, tech entrepreneurs and academics for a week-long event dedicated to fintech and digital finance. ( read original story ...)

Tat Hong, which began in Singapore in 1957 before expanding across Asia ... The Standard Chartered division that houses SCPE, known as Principal Finance, was largely responsible for a $68 million “restructuring” expense in the third quarter of 2017 ... ( read original story ...)

HONG KONG • Singapore seafood hawkers have been competing for decades ... started taking orders this week for an initial public offering (IPO) that could value the company at as much as $130 million. It is seeking to replicate the success of long-time ... ( read original story ...)

Skills for finance are changing. And this is happening today already: “NAB will make 6,000 job cuts over then next 3 years with its digital banking revamp… NAB is hiring 2,000 people with different capabilities” says Banking Technology. After a ... ( read original story ...)

Earlier this week the Monetary Authority of Singapore (MAS) unveiled a new Industry Transformation Map (ITM) for the finance sector, aimed at boosting productivity and creating 3,000 net new jobs annually for the next three years, with an additional 1,000 ... ( read original story ...)

SINGAPORE (Nov 9): Singapore said on Thursday it has detained a Singaporean man and a woman for affiliations to radical Islamist groups under the country's tough security law that allows for detention without trial. The man, 25 year-old Abu Thalha bin ... ( read original story ...)

Hello, everyone! Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), finished Thursday at 3,423.91 points, up 2.66 points or 0.08%. The biggest winner in the index was Golden ... ( read original story ...)

Singapore-based OCBC Bank has unveiled plans to use artificial intelligence (AI) and machine learning, as part of its efforts to reduce financial crimes. The bank intends to deploy these technologies to deal with the increasing scale and complexity of anti ... ( read original story ...)

TOKYO/SINGAPORE, Nov 9 (Reuters) - The core unit of Mitsubishi UFJ Financial Group (MUFG) is looking to buy a 40 percent stake in Bank Danamon Indonesia for around 200 billion yen ($1.75 billion), a person with direct knowledge of the talks told Reuters on ... ( read original story ...)

MUFG, through its core unit Bank of Tokyo-Mitsubishi UFJ, intends to buy Danamon shares from Singapore state investor Temasek Holdings, a major shareholder, said two sources, who declined to be named as the talks were not public. Faced with sluggish growth ... ( read original story ...)

SINGAPORE - OCBC Bank on Thursday (Nov 9) said it is offering a new way of buying health insurance through digital channels. It has rolled out a product called Early Cancer Care, the first health insurance product sold through OCBC's mobile and Internet ... ( read original story ...)