FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.
Fund managers give cool reception to prospect of Shein London IPO
Richard Buxton, a former long-standing UK equity fund manager, told the Financial Times: “Whilst the LSE may be rejoicing at attracting such a large listing, I suspect that the uncertainties about ESG ...
Singapore shares started strong on Thursday—STI rose 0.3%
SINGAPORE: Singapore shares started strong on Thursday, June 6, reflecting positive global trends from the... The post Singapore shares started strong on Thursday—STI rose 0.3% appeared first on The I ...
ANEXT Bank Reports a Surge in Regional and Global Presence Among Its MSME Customers
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant International, today reported a notable increase in regional and global presence among its micro, ...
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
Singapore is a major hub for the manufacture of legacy chips and has attracted new investment in recent years, lured by its relatively low tax rates and close geographical proximity to China, the ...
Ant’s Singapore digital bank Anext eyes growing demand from foreign firms
More than 30 per cent of the bank’s customers were foreign business owners, spanning 78 nationalities, as at the end of May. Read more at straitstimes.com.
Singapore, five other Asean economies see stronger investments
Singapore and five other Asean countries have received most of the investment flows as companies diversify their supply chains and adopt a China-plus-one strategy, economists said. Foreign direct ...
Singapore’s trade finance banks warned over environmental crime risks
The Monetary Authority of Singapore (MAS) has warned the city-state is vulnerable to criminals laundering the proceeds of environmental crime and is urging local banks to conduct greater scrutiny of ...
Bank of Canada cuts rates to 4.75%, signals more to come
The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle.
Singapore to invest S$1m in research on how built environment affects mental health
At this year’s World Cities Summit, the Singapore Land Authority also announced a partnership with the Singapore Management University to tackle urban heat through map technology.
Singapore shares open lower on Wednesday—STI drops 0.1%
SINGAPORE: Singapore shares opened lower on Wednesday, June 5, after US stocks bounced back from a morning drop to close higher on Tuesday. According to The Business Times, the Straits Times Index ...
Singapore unlikely to draw large data centre investments
Singapore is unlikely to attract large-scale investments in data centre capacity from foreign investors, despite its recent plans to increase its capacity, says a market report by BMI Research, a ...
Singapore Shares May Bounce Higher Again On Wednesday
(RTTNews) - The Singapore stock market on Tuesday ended the three-day winning streak in which it had advanced more than 25 points or 0.8 percent. The Straits Times Index now rests just beneath the ...
China Aviation Oil (Singapore) (SGX:G92) investors are sitting on a loss of 22% if they invested five years ago
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term China Aviation Oil ...
How Shein’s US IPO Plans Got Derailed by China Rift
US investors appear to be on the verge of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots prepares a confidential filing for a listing in London instead.
Singapore Exchange Market falls 0.3%
At closing bell, the Straits Times Index (STI) index was down 9.93 points, or 0.3% to 3,338.94 after trading between 3,332.88 and 3,349.17. Across the broader market, decliners outpaced advancers 281 ...