Posts by Stephanie Irvin
Advanced Systems lodges police report over ex-workers’ alleged offences, unauthorised fund transfers
[SINGAPORE] Catalist-listed Advanced Systems Automation (ASA) has lodged a police report with the Singapore Police Force over potential offences committed by its ex-chief executive officer and a former director. On Tuesday (Jul 22), ASA said it lodged a report in relation to alleged breaches made by Seah Chong Hoe, who was terminated as CEO on…
Read MoreFirst ETF to track China index through Singdollar-hedged fund class launches on SGX
[SINGAPORE] The Amova E Fund ChiNext Index exchange-traded fund (ETF) was on Tuesday (Jul 22) listed on the Shenzhen Stock Exchange-Singapore Exchange (SZSE-SGX) ETF Link, to give investors a new way to access China’s innovation-led growth. This is the first ETF in Singapore that tracks the ChiNext Index through a Singdollar-hedged fund class. It will provide investors with exposure…
Read MoreRupiah to consolidate before further gains, Citi strategist says
[JAKARTA] The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to the currency’s top forecaster. Emerging-market currencies, especially those that are high-yielding, tend to weaken for various reasons in August, said Rohit Garg, head of foreign exchange and rates strategy Asia ex-Japan…
Read MoreAustralia’s Insignia agrees to A$3.3 billion takeover by CC Capital, ending bidding war
Published Tue, Jul 22, 2025 · 08:04 AM AUSTRALIA’S Insignia Financial agreed on Tuesday to a A$3.3 billion (S$2.8 billion) all-cash takeover by investment manager CC Capital, ending a months-long bidding war after US-based rival Bain Capital withdrew its competing offer. Under the agreed deal, CC Capital will pay shareholders A$4.80 per share in cash.…
Read MoreWhat is the Divorce Rate for Gen Z?
Divorce, once considered a taboo subject shrouded in stigma and secrecy, has undergone a profound transformation in societal perception over the past several generations. Where previous eras often viewed divorce as a moral failing or social disgrace, today it is increasingly seen as a personal choice and a pathway to healthier, happier lives. In previous…
Read MoreTokenize Xchange to exit Singapore after being denied digital payment token licence
All 15 employees of Tokenize Singapore will be laid off by Sep 30 but some may be offered work in the company’s international operations [SINGAPORE] Cryptocurrency exchange Tokenize Xchange will cease its Singapore operations from Sep 30. This comes after the Monetary Authority of Singapore (MAS) decided not to grant the company a licence to…
Read MoreBevy of Chinese mega listings propel Hong Kong to top global exchange in H1 2025
[HONG KONG] A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s largest fundraising destination for initial public offerings (IPOs). A significantly large number of Chinese firms seeking stock listings in Hong Kong, along with a rush of capital…
Read MoreChinese mega listings catapult Hong Kong to top spot in global markets for IPOs in H1 2025
[HONG KONG] A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s largest fundraising destination for initial public offerings (IPOs). A significantly large number of Chinese firms seeking stock listings in Hong Kong, along with a rush of capital…
Read MoreHSBC renews hunt for board chair amid struggle to fill shortlist: FT
Published Sun, Jul 20, 2025 · 04:21 PM HSBC is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after the bank could not find enough satisfactory candidates for a final shortlist. The London-headquartered lender has been seeking a replacement for Mark Tucker, who announced…
Read MoreHSBC renews hunt for board chairman amid struggle to fill shortlist: FT
Published Sun, Jul 20, 2025 · 04:21 PM HSBC is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after the bank could not find enough satisfactory candidates for a final shortlist. The London-headquartered lender has been seeking a replacement for Mark Tucker, who announced…
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