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Nasdaq, SGX in pact to woo firms interested in listing on both boards

2017-10-19 thehindubusinessline
Singapore Exchange Ltd (SGX) and Nasdaq Inc said on Wednesday they were teaming up to woo fast-growing Asian tech firms interested in listing on both their exchanges, as they look to better compete for mid-sized IPOs. (10-0)

Bursa hits six-month low among muted South-east Asian stocks

2017-10-19 themalaymailonline
Malaysian shares drop as much as 0.3 per cent to their lowest since April 21. — Reuters picKUALA LUMPUR, Oct 19 — South-east Asian stock markets were subdued and moving in a narrow range today, with Malaysia edging down to its lowest in nearly six months, while Singapore climbed, driven by the banking sector. (19-0)

PH a fourth-world country?

2017-10-18 business.inquirer.net
The new president and chief executive of the Philippine Stock Exchange (PSE), Ramon S. Monzon, was the guest speaker in the recent annual general membership meeting of the Shareholders’ Association of the Philippines (SharePHIL). (14-0)

Nasdaq, Singapore Exchange sign pact for collaborative listings

2017-10-18 reuters
(Reuters) - Singapore Exchange Ltd (SGXL.SI) and Nasdaq Inc (NDAQ.O) announced a pact on Wednesday that will allow firms to tap the capital markets possibly simultaneously under the two exchange operators’ namesake exchanges. (9-0)

BRIEF-‍Nasdaq signs collaborative listings agreement​‍​ with Singapore Exchange

2017-10-18 reuters
* Says as part of agreement, co and SGX are currently exploring the demand among corporates for concurrent or sequential listing on both exchanges‍​ Source text for Eikon: Further company coverage: (5-0)

Globe, Singtel, Optus hold volunteering program in Batangas

2017-10-18 business.inquirer.net
Singtel, the largest company listed on the Singapore Exchange, together with its Australian subsidiary Optus participated recently in a volunteering program hosted by its Philippine associate Globe Telecom. The program benefited a school and a community in Batangas, south of Manila. (14-0)

First Gen sets partial buyback of $300-M 10-year bonds

2017-10-13 philstar
MANILA, Philippines — Lopez-led First Gen Corp. is partially buying back its 10-year bonds listed at the Singapore Exchange Securities Trading Ltd. (SGX) to bring down its debt level. (16-0)

Where Gold Trade Goes If London Loses Its Grip - Bloomberg

2017-10-13 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (77-0)

Southeast Asian Stock Markets Quietly Kill Their Trading Link - Bloomberg

2017-10-13 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (9-2)

First Gen pares debt, retires bonds

2017-10-12 business.inquirer.net
First Gen Corp. has retired a portion of the $300 million worth of fixed-rate notes listed on the Singapore Exchange Securities Trading Ltd. (21-0)

Singapore central bank, bank association, Accenture in blockchain tie-up

2017-10-12 in.reuters
NEW YORK (Reuters) - U.S. consulting company Accenture (ACN.N) said on Thursday it has been appointed by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) to manage and develop a blockchain-based platform for interbank payments. (12-1)

Singapore central bank, bank association, Accenture in blockchain tie-up

2017-10-12 reuters
NEW YORK (Reuters) - U.S. consulting company Accenture said on Thursday it has been appointed by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) to manage and develop a blockchain-based platform for interbank payments. (12-0)

Indiabulls to acquire entire stake in Singapore IPIT

2017-10-12 indiainfoline
Realty developer Indiabulls Real Estate Ltd (IBREL) is acquiring entire stake in Indiabulls Properties Investment Trust (IPIT), a Singapore Exchange (SGX) -ST listed business trust at US$ 0.9 per unit totaling ~ US$ 306 mn. (5-0)

Aviation Week Network Announces Collaboration with Leading MRO Players at MRO Asia-Pacific 2017

2017-10-11 marketwired
NEW YORK, NY--(Marketwired - October 10, 2017) - Aviation Week Network announced plans to showcase the strength and depth of the aviation maintenance, repair and overhaul (MRO) industry in Asia through collaborations with leading global MRO players including ST Aerospace during MRO Asia Pacific, happening October 31 to November 2, 2017 in Singapore. (6-0)

Ian Fleming’s idler ‘long lunches, one client’ approach to banking

2017-10-09 scmp
Ian Fleming joined London Rowe & Pitman as a stockbroker in 1935, a firm that would later become part of UBS’s corporate history (7-0)

Breakfast briefing: Wednesday, October 4

2017-10-04 thestar.com.my
MarketWatch: The three major US stock indexes and the Russell 2000 posted record high closes for the second straight day on Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. The DJIA rose 84.07 points, or 0.37%, to close at 22,641.67, the S&P 500 gained 5.46 points, or 0.22%, to 2,534.58 and the Nasdaq added 15.00 points, or 0.23%, to 6,531.71. - Reuters (106-1)

This region has dominated IPOs this quarter

2017-09-28 cnbc
The U.S. may be seeing a slew of Chinese firms making their debuts on Wall Street, but Asia-Pacific has dominated initial public offerings this quarter. (5-0)

Can Democracy Stage a Comeback at Stock Exchanges? - Bloomberg

2017-09-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (329-1)

Great Eastern weighs options on stake

2017-09-21 thestar.com.my
GEH, which is an 87% subsidiary of OCBC Bank in Singapore, made the announcement following Wednesday reports in the Singapore Straits Times and Business Times in relation to GEH’s stake in its Malaysian operations. (5-0)

Document Security Systems, Inc. to Pursue Revenue Opportunities in Asia Pacific Markets, Led by Director and Veteran Asian Businessman Mr. Ambrose Chan Heng Fai

2017-09-20 marketwired
Company Forms DSS International, Inc. Subsidiary to Expand International Market Reach for its AuthentiGuard Anti-Counterfeiting and Brand Protection Technology (45-1)

How The Wealthiest Capitalist Dynasty Went Bust

2017-09-08 valuewalk
When Cornelius was just 16, in 1810, he borrowed US$100 from his mother. Using that money, he went on to build a fortune of around US$100 million. That would be worth over US$200 billion today. And it was roughly equivalent to 50 percent of the holdings of the U.S. Treasury at the time.

Noble Group's Palm Oil Investments Value Decreased By USD 60 Million

2017-08-18 seekingalpha
Deforestation risk analyzed 13 months ago may have been leading indicator of firm's upcoming financial troubles.

Noble’s Palm Oil Investments Value Decreased by $60M As Credit Concerns Grow - ValueWalk

2017-08-17 valuewalk
As reported by Chain Reaction Research, on August 10, 2017, Noble Group posted a USD 1.75 billion loss for Q2 2017. Four days later, Moody’s, S&P and Fitch cut Noble Group’s credit rating one or two notches to Caa3, CCC- and CCC, respectively. S&P analysis suggests that Noble Group’s creditors may experience non-payment within six months. As shown in Figure 1 (below), these three credit ratings agencies have cut Noble’s credit rating four, five and six times this year, respectively.

Key Growth Catalysts Fading For China Yuchai International

2017-08-14 seekingalpha
China Yuchai suffered a steep share price plunge after its results announcement but what really disappointed the market was the bearish outlook communicated by the management.

Genting HK and partners cut stakes in Norwegian Cruise Line

2017-08-14 thestar.com.my
KUALA LUMPUR: Genting Hong Kong Ltd and two other shareholders of Norwegian Cruise Line Holdings Ltd (NCLH) are reducing their stakes in the global cruise company.

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