Markets & Investing

ICO boom threatens Singapore's VC scene

ICO boom threatens Singapore's VC scene

With a strong pipeline of ICOs in the city, analysts question the future role of venture capital firms.

With Uber dead, Singapore VCs are now investing in blockchain and AI startups

Analysts observed a surge in venture capital interest in crypto-related investments.

3 in 10 bosses could pay bribes to win business

There remains a mismatch between intentions of integrity and actual behaviour, EY said.

Chart of the Day: Share buyback value in April crashed 47% from 30-month high

Late April coincides with annual general meetings where 12-month buybacks are scheduled for approval.

AusNet Services eyes SGX delisting on 16 July

It will continue to maintain its primary listing on ASX.

Tokyo Metropolitan Government opens Singapore office

It aims to attract foreign companies and investment to Tokyo.

Singapore IPOs hit by trade tensions

Bangladesh firm Summit Power International Ltd shelved its share sale that was targeting US$260m.

14 Singaporean companies sign deals with Zhejiang-based firms

Some of the companies were CapitaLand, Mapletree, and Surbana Jurong.

Baltic Exchange to launch escrow service for vessel sales in Singapore

The service will go live in May 2018 and cost US$5,000 per side.

Delayed IPOs in Singapore are piling up

Summit Power has delayed its IPO, citing recent market volatility.

Singapore and Germany to collaborate on supporting SMEs

The two signed a memorandum of agreement for bilateral partnership.

Bangladeshi firm Summit Power delays nearly US$300m IPO

It cited recent market volatility as the cause.

Temasek eyes opening private equity to retail investors

Sources said it plans to launch an asset-backed security through Azalea Investment Management.

SGX Q3 profits up 21% to $100.5m

The exchange's profits hit a 10-year high.

How did the SFRS impact M1's earnings?

Analysts think it got an advantage from the new standards, unlike its peers.