SINGAPORE (Reuters) -The derivatives arm of Singapore Exchange (SGX) said on Monday that it would launch bitcoin and ether cryptocurrency perpetual futures trading on its platform. Set to launch on November 24, the trading will be available to accredited and institutional investors, SGX said in a statement. Perpetual futures are derivatives that allow traders to…
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) – The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (REIT) with assets potentially valued at more than $1 billion, said two sources with knowledge of the matter. JD Property, the unlisted infrastructure…
Hong Kong’s vast lead over Singapore as a listing venue appears unassailable, with even the Southeast Asian city’s home-grown companies heading north to raise funds, but the city state remains determined to improve its allure, according to bankers and analysts. IFBH, a Singapore-incorporated Thai firm that is the world’s second-largest bottler of coconut water, started…