Markets & Investing
Toy designer Mighty Jaxx raises $2.15m pre-investment funds
Toy designer Mighty Jaxx raises $2.15m pre-investment funds
It will be used to develop a blockchain-powered, machine learning ecosystem.
Golden Equator Capital raises $122.11m for two funds
This will finance the growth capital of an undisclosed public listed company and focus on infrastructure, energy, and finance.
CapitaLand sells stake in Central China Real Estate for $496m
The deal comprises 658,116,228 issued and paid-up shares.
CapitaLand completes buy for Temasek's Ascendas-Singbridge
The group is now one of the region’s largest real estate groups with over $123b of AUM.
Daily Briefing: Temasek buys 21.7% stake in LF Logistics for $405.8m; Insurtech startup Gigacover bagged undisclosed funding to expand to SEA
And Mediacorp launches a new Chinese digital portal.
SGX unveils portfolio compression service for listed derivatives
The risk-reduction technique enables participants to lower capital costs and reduce open positions of derivatives.
Daily Briefing: $750,000 grant launched for early-stage drug projects; Temasek joins US digital manufacturing firm's $352.2m funding
And the government has set up a Digital Industry Singapore (DISG) office.
Singaporeans most knowledgeable amongst Asian investors in sustainable investing
46% already have allocated 10-25% of their investments to SI.
Astrea V issues PE-backed private equity bond offering for retail investors on SGX
One type of bond, Class A-1, has an annual rate of 3.85% due on 20 June 2029.
SGX-ST rejects International Cement's planned purchase of African firm for $141.45m
The proposed acquisition failed to meet the requirements of a VSA under rule 1015(2).
Accelerating Asia unveils first batch of startups
It aims to help develop the growth of seed-stage startups.
SGX licenses three futures-based indices to Taiwan ETF Yuanta SITC
The MSCI EM series Futures Indices is said to be the world’s first.
Singapore and Indonesia equities defy regional downturn
Consumer staples and healthcare may be able to weather market volatilty.
OUE subscribes for all of Indonesian investment holding firm's shares
Its subsidiary Tengara Holdings subscribed for 99.9% of PT Deer Pine Indonesia’s shares for $1.1m.
Singtel unit unveils EUR500m fixed rate notes due 2029 at 1%
Singtel Optus will utilise the funds for general corporate purposes. Singtel subsidiary Singtel Optus priced its EUR500m ($770.82m) 10 year fixed...
China Jinjiang Environment Holding shareholders to sell 29.79% stake for $320m
Around 430 million shares will be sold to Zhejiang Energy International and Zheneng Capital Holdings Co.
SGX daily average value dipped 18% to $1.1b in May
Total derivatives traded volume however surged 46% YoY to 24.2 million contracts.
Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success