Crypto firm BitGo raises $212.8 million in US IPO
Jan 21 : Crypto custody startup BitGo Holdings priced its U.S. initial public offering above its indicated range on Wednesday, raising $212.8 million and paving the way for the first stock market debut by a digital asset company in 2026.The Palo Alto, California-based company sold 11.8 million share ...
BitGo Holdings prices US IPO at $18, Bloomberg News reports
Jan 21 : BitGo Holdings has priced its initial public offering at $18 per share, above the marketed range, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters could not immediately verify the report. BitGo declined to comment.At the price, BitGo and its backers would ...
Australian dollar scales 15-month high on strong jobs data
[SYDNEY] The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong...
US dollar buoyed by Trump's Greenland about-face; Aussie jumps after jobs data
TOKYO, Jan 22 : The U.S. dollar held on to overnight gains against major peers on Thursday after President Donald Trump withdrew a threat to impose tariffs on a number of European NATO nations, trumpeting the framework of a deal with NATO over control of Greenland.That put the safe-harbour Swiss fra ...
Dollar edges lower as Greenland concerns ease; Aussie jumps after jobs data
Jan 22 : The U.S. dollar was lower on Thursday as the "sell America" trade faded after President Donald Trump dropped tariff threats and ruled out seizing Greenland by force, and was little changed by U.S. inflation data that was in line with market expectations.New Personal Consumption Ex ...
Dollar edges lower as Greenland concerns ease, data back in focus
Jan 22 : The U.S. dollar fell slightly on Thursday ahead of key economic data, as the so‑called ‘Sell America’ trade faded after President Donald Trump dropped tariff threats and ruled out seizing Greenland by force.The greenback recovered versus the euro on Wednesday on Trump’s remarks, aft ...
OCBC launches new securities financing unit
Kwan Wei Kevin Tan - Oversea-Chinese Banking Corporation (OCBC) (SGX: O39 ) is establishing a dedicated securities financing unit for its institutional customers. OCBC says the new unit will help its institutional customers earn fee income by loaning out their idle securities. The bank’s customers, as well as clients ...
Singapore construction demand to stay firm at S$47 billion to S$53 billion in 2026: Chee Hong Tat
Ry-Anne Lim - Demand is projected to stay elevated from 2027 to 2030 at S$39 billion to S$49 billion per year
S’pore construction demand to reach between $47 bil and $53 bil this year
Jovi Ho - Singapore’s construction demand is expected to reach between $47 billion and $53 billion in nominal terms in 2026, unchanged from the forecast range in 2025. This will be driven by projects such as the Changi Airport Terminal 5 development, the Marina Bay Sands expansion, the New Tengah General &a ...
Info-Tech Systems up 10.5% on positive profit guidance
Therese Soh - It remains under its initial public offering price but has hit its highest level in nearly two months
London retains top spot in own global financial centre survey for sixth year
[LONDON] London remains the world’s top financial centre ahead of New York, the City of London Corporation’s annual survey based on public...
RHB's Yeo raises Centurion Corp's target price to $1.88
The Edge Singapore - Alfie Yeo of RHB Bank Singapore has maintained his "buy" call on Centurion Corp after it completed the divestment of a student accommodation property to its Centurion Accommodation REIT. With expectations of slightly higher market valuation on the REIT, Yeo has correspondingly raised his t ...
STI, Asian markets rebound after Trump backs off on Greenland tariffs
Shikhar Gupta - The Straits Times Index climbs nearly 0.6% as at 9.20 am
UOB jumps 2.2% to 9-month high as broader market rises
Therese Soh - The last time its shares traded higher was on Apr 2, 2025
UOB rises 2.2% to 9-month high; S$850 million perpetual securities listed
Therese Soh - The last time its shares traded higher was on Apr 2, 2025
UOB jumps 2.3% to 9-month high as market rises; Macquarie upgrades stock
Therese Soh - It has potential for a ‘relative-value catch up play’, with headwinds set to abate this earnings season
UOB jumps 2.2% to 9-month high as market rises; Macquarie upgrades stock
Therese Soh - It has potential for a ‘relative-value catch up play’, with headwinds set to abate this earnings season
UOB jumps 2% as market rises; Macquarie upgrades stock
Therese Soh - It has potential for a ‘relative-value catch-up play’, with headwinds set to abate this earnings season
UOB jumps 2.2% to 9-month high as market rises; Macquarie lifts target price
Therese Soh - It has potential for a ‘relative-value catch up play’, with headwinds set to abate this earnings season
UOB up 2.2% at 9-month high; Macquarie lifts target price ahead of Q4 earnings
Therese Soh - It has potential for a ‘relative-value catch up play’, with headwinds set to abate this earnings season
UOB closes 2.3% higher following Asia market rebound; Macquarie upgrades stock
Therese Soh - It has potential for a ‘relative-value catch-up play’, with headwinds set to abate this earnings season
Info-Tech shares gain following higher FY2025 earnings guidance
The Edge Singapore - Info-Tech Systems shares jumped nearly 10% thus far today after the company's announcement on Jan 21 that it expects its FY2025 earnings to be a 'considerable increase' over the preceding FY2024 ended Dec 31 2024. The company, the first mainboard listing last year, says the higher ear ...
Info-Tech shares jumped following higher FY2025 earnings guidance
The Edge Singapore - Info-Tech Systems shares jumped nearly 10% thus far today after the company's announcement on Jan 21 that it expects its FY2025 earnings to be a 'considerable increase' over the preceding FY2024 ended Dec 31 2024. The company, the first mainboard listing last year, says the higher ear ...
Customer experience platform Toku debuts 6% above Catalist IPO price
Shikhar Gupta - Toku offers AI-based cloud communications services to businesses
Customer experience platform Toku closes 14% above IPO price on Catalist debut
Shikhar Gupta - The company offers AI-based cloud communications services to businesses
Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025
Therese Soh - This is attributed to higher academy training revenue due to stronger demand
South Korea’s Kospi stock benchmark tops 5,000 for first time
[SEOUL] South Korea’s stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chipmakers like Samsung Electronics...
Gold eases as tariff risks over Greenland fade, while US$7,000 an ounce remains on the table
Benicia Tan - Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters
How high can gold go after breaking US$4,800? Some analysts say US$7,000
Benicia Tan - Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters
Stocks to watch: Seatrium, Toku, AA Reit, HRnetGroup, Info-Tech Systems
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 22):
Lululemon founder slams board after see-through leggings fiasco
LULULEMON Athletica founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he blamed...
Circles.Life to increase platform fee from S$0.30 to S$0.70 from Feb 1, drawing criticism online
The fee will go towards funding improvements and new services
Seatrium unit files arbitration proceedings over dispute with consortium partner Aibel
Therese Soh - The company is unable to ascertain the financial impact arising from the proceedings
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
Therese Soh - The company is unable to ascertain the financial impact arising from the proceedings
