Posts by Stephanie Irvin
About 30 SGX listcos show early interest in Value Unlock programme to lift valuations
Market participants say weak disclosure and poor investor engagement often drive mispricing on the exchange – gaps the initiative aims to close [SINGAPORE] Around 30 Singapore Exchange (SGX)-listed companies have made early inquiries into the newly launched Value Unlock programme, underscoring growing interest in efforts to lift valuations by sharpening corporate strategy and investor communication.…
Read MoreK-pop, Chinese games to drive Asia tech sector growth: Macquarie
[SINGAPORE] 2026 is poised to be a boom year for the Asian Internet sector, as companies pivot from consolidation to aggressive monetisation and ecosystem integration. The resurgence follows two challenging years of model building and infrastructure catch-up against Western competitors, analysts from Macquarie noted in a report released recently. The research firm identified 13 top…
Read MoreNew SID platform for listcos’ board chairs seeks to complement equities market uplift
[SINGAPORE] Board chair of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on Friday (Jan 16) by the Singapore Institute of Directors (SID), the platform known as the SID Chairpersons Guild also complements the national effort to strengthen the…
Read MoreEuropean shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy. The pan-European Stoxx 600 advanced 0.5 per cent to 614.57 points. Technology stocks gained 2.3 per cent and hovered at levels last seen in 2000, while financial…
Read MoreGoldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK] Goldman Sachs’ profit rose in the fourth quarter, fuelled by dealmaking, stronger trading revenues in a turbulent market and a one-time gain from exiting its credit card partnership with Apple. The bank’s equity traders capitalised on volatility and…
Read MoreAir India warns of possible disruptions to A350 routes after jet suffers engine damage
Air India operates six Airbus A350s on lucrative routes, including between New Delhi and London, New York and Newark [NEW DELHI] Air India warned of possible disruptions to its A350 routes due to engine damage sustained by one of its long-haul aircraft after encountering “a foreign object” on Thursday (Jan 15). Air India operates six…
Read MoreOil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month [HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as the prospect of more oil being exported to the US boosts regional tanker rates to their highest level in almost two years. After US forces…
Read MoreKKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback [HONG KONG] KKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as deepening economic decoupling pushes firms to broaden exposure and hedge geopolitical risk, according to top executives. Diversification has been a central theme in conversations with…
Read MoreAlibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
[HONG KONG] Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar with the matter, in a sign of promising demand for the Asian financial hub’s latest share sale related to artificial intelligence. Alibaba and…
Read MoreCatalist-listed MoneyMax proposes transfer to SGX mainboard
[SINGAPORE] Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its current listing on the Catalist board. A listing on the mainboard would enhance the long-term value for its shareholders, the company said in a bourse filing on Wednesday (Jan 14). The company said it…
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