News

Indonesian coffee chain Fore says its IPO oversubscribed by 200 times
The seven-year old company is the first domestic coffee chain to list on the bourse[SINGAPORE] Indonesian coffee chain Fore said on Friday (Apr 11) its initial public offering (IPO)...
Buying the dip, nervous selling drive trading volumes up in Singapore amid tariff volatility
[SINGAPORE] Brokerages recorded a surge in trading activity amid heightened market volatility after US President Donald Trump announced sweeping tariffs on Apr 2. Trading volume for Tiger Brokers’ Singapore...
Exits to remain tough for South-east Asia private equity despite uptick in 2024
[SINGAPORE] Private equity (PE) enjoyed upticks in deal value and number of exits in 2024, but the exit environment remains tough, a report by management consultancy Bain & Company...
China tech faces worry beyond tariffs after US$350 billion wipeout
[HONG KONG] Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that may have a worse...
Singapore’s STI tumbles more than 3% as tariff tensions resume
The US confirmed that Trump’s tariff hikes brought the additional rate on many Chinese products to 145 per cent. [SINGAPORE] Singapore shares declined more than 3 per cent after...
Automotive group Vin’s Holdings aims for greater gains in used car space with IPO
[SINGAPORE] Buoyed by success in the pre-owned car market, Vin’s Holdings (VH) has sought an initial public offering (IPO) to fuel the next stage of its development with investments...
Chinese tea chain Chagee launches US IPO defying stock slump
[NEW YORK] Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite spiking stock volatility from...
US: S&P 500 ends down 3.5% as stocks resume tariff sell-off
[NEW YORK] Wall Street stocks suffered another battering on Thursday, giving back a sizeable portion of the prior session’s gains as investors grappled with lingering uncertainty about President Donald Trump’s trade...
Reframing social sustainability for board leadership
IN THE evolving sustainability landscape, environmental, social and governance (ESG) factors take centre stage, with the social dimension now seeing more prominence.Social sustainability, as defined by the UN Global...
US: Wall St opens lower after sharp rally on Trump tariff reversal
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Apr 10), coming off a blistering rally following US President Donald Trump’s move to temporarily lower the heavy tariffs...
Regulators should encourage SGX-listed companies to conduct hybrid AGMs: NUS study
[SINGAPORE] A new study by the Centre for Investor Protection at NUS Business School has urged regulators to promote hybrid annual general meetings (AGMs) for companies listed on the...
Singapore’s RV Capital is set to join the hedge fund influx into Dubai
The firm joins a growing number of Asian investment outfits that are looking to join their western peers in the United Arab Emirates[SINGAPORE] Singapore-based macro hedge fund RV Capital...