Singapore Financial News

By Franco Terrazzano

Cryptocurrency is deemed property capable of being held on trust, Judge Philip Jeyaretnam of the High Court of Singapore decided in a ruling on July 25. The Judge said he didn’t see any difference between crypto, fiat money or shells, as long as all those objects, physical or not, share value, created by mutual faith in it. 

Yatharth Hospital IPO opens: GMP, subscription status, should you subscribe or not? The company has fixed the price band at ₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25.

InVentry, a UK-based global leader in technology solutions, has acquired Singapore-based Hipla Technologies, a pioneer in smart workplace management solutions. The acquisition is part of InVentry’s global expansion plan and will support their international growth strategy across both Singapore and India.

₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.

By Chen Aizhu, Emily Chow and Andrew Hayley

Tata Group is set to make one of the most visible changes to Air India since the conglomerate took control of the airline last year — the iconic Maharajah mascot will no longer be central to its brand identity. The change is part of a wider brand refurbishment strategy which has been in process since last year. «Air India wants to become the carrier of choice for people flying in and out of India.

₹206 crore from anchor investors on July 25, a day ahead of its IPO subscription opening for bidding. Yatharth Hospital's initial public offering (IPO) will open for subscription on Wednesday, July 26, and close on Friday, July 28. The company had fixed the price band at ₹285 to ₹300 per equity share for the proposed initial public offer.

Lok Sabha elections, Deve Gowda said, "JDS will never sink...We will fight for parliament elections independently and will not take any help from any party. Let me be very clear.

Aditi Tripathi, a 10-year-old girl of Indian origin residing in London, has achieved what many can only dream of—visiting 50 countries before reaching double digits in age. Aditi's impressive adventure began at an early age, courtesy of her accountant parents, Deepak and Avilasha Tripathi, who were determined to provide their daughter with an unparalleled global experience. While many parents might worry about the impact on education, Aditi's parents masterfully balanced both worlds.

capital market regulator’s approval to raise funds through an initial public offering (IPO). The Chennai based company had in April refiled draft red herring prospectus (DRHP) with Securities & Exchange Board of India (SEBI) for the IPO. It has obtained Sebi’s observation letter on July 18.

By Rae Wee

By Ankur Banerjee

HSBC Holdings Plc announced to about 100 wealthy Indians it is returning to private banking in India, where it exited about eight years ago. Over dinner served by the chef of Odette, a three-Michelin-star restaurant in Singapore, the bank’s wealthy clients who flew in from Hong Kong and Dubai, mingled with HSBC’s local customers. HSBC’s efforts to convince prospective Indian clients that its wealth management services in the country will not make a retreat again is a linchpin for its ambitious plans there.

All over Singapore, bright yellow containers have started popping up in unassuming places – at the airport, in a park and in front of a shopping mall. Inside them, people are breaking a sweat.

Bengaluru: Karnataka Deputy Chief Minister DK Shivakumar on Monday said he had information that a plot was being hatched in Singapore to topple the state's Congress regime, setting off a minor tremor in the political circles. Shivakumar, who also heads the Karnataka Pradesh Congress Committee (KPCC), told media in Bengaluru that he had come to know about the conspiracy being hatched against the government on foreign shores.

NEW DELHI : New Space India Ltd (NSIL), the commercial space missions arm of the Indian Space Research Organisation (Isro), on Monday, announced the second consecutive commercial space mission, scheduled to take-off aboard Isro’s trusted rocket Polar Satellite Launch Vehicle (PSLV) on 31 July. The mission, numbered PSLV-C56, will deploy one primary and six additional satellites as part of the mission’s entire payload.

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

climate change, many countries in the world, including Singapore, are seeing rising temperatures, the Ministry of Sustainability and the Environment and the National Environment Agency said in a release, “It is therefore important for members of the public to adapt." Singapore — located close to the equator with average monthly maximum temperatures of 31-32C (88-90F) — recorded its hottest day in four decades in May with a reading of 37 C. The government has warned of worsening air quality and said the upcoming haze season may be the hottest and driest since September 2019.

Singapore, along with six co-passenger satellites, from ISRO's Sriharikota spaceport on July 30. The satellites would be launched from the first launchpad at 6.30 am, the space agency said. The DS-SAR satellite is developed under a partnership between Singapore's Defence Science and Technology Agency (DSTA) (representing the Government of Singapore) and ST Engineering. Once deployed and operational, it will be used to support the satellite imagery requirements of various agencies within the Government of Singapore. ST Engineering will use it for multi-modal and higher responsiveness imagery and geospatial services for their commercial customers. DS-SAR carries a Synthetic Aperture Radar (SAR) payload developed by Israel Aerospace Industries (IAI). This allows the DS-SAR to provide for all-weather day and night coverage, and capable of imaging at one metre resolution at full polarimetry. The NewSpace India Limited (NSIL), a central public sector undertaking under the Department of Space, procured the PSLV-C56 to deploy the 360-kg DS-SAR satellite from DSTA & ST Engineering, Singapore, the Indian Space Research Organisation (ISRO), the national space agency headquartered here, tweeted on Monday.

Barbenheimer' craze is taking over India. With 'Oppenheimer' and 'Barbie' hitting the screen nationwide last week on July 21 (Friday), the clash of the titans at the box-office has been an epic one.