News Centre

India VC Funding Sees 45.3% YoY Jump In H1 2024 Despite 2.1% Drop In Deal Volume, Reveals GlobalData

Date 08/08/2024

India’s venture capital (VC) landscape during the first half (H1) of 2024 highlights a strategic shift towards relatively larger investments, as reflected by the 45.3% increase in disclosed funding value year-on-year (YoY) despite a 2.1% drop in deal volume. This trend signifies investors’ growing confidence in high-potential startups, with significant deals like Zepto’s $665 million and Meesho’s $300 million fundraisings pointing to a robust future for the Indian startup ecosystem, says GlobalData, a leading data and analytics company.

2nd Malaysia Carbon Market Forum By Bursa Carbon Exchange: A Leap Forward In Accelerating Malaysia’s Carbon Market

Date 08/08/2024

Bursa Carbon Exchange (“BCX”), a wholly-owned subsidiary of Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”), is pleased to put forth the second instalment of its Malaysia Carbon Market Forum (“MCMF”) in Kuala Lumpur today. Themed “Empowering Climate Actions through Carbon Market,” MCMF centres on exploring best practices to advance Malaysia’s carbon market ecosystem in support of the national climate agenda. The event was officiated by Datuk Dr Ching Thoo a/l Kim, Secretary-General of the Ministry of Natural Resources and Environmental Sustainability of Malaysia (NRES), who also delivered the keynote address.

SGX Group Reports Market Statistics For July 2024

Date 08/08/2024

• Derivatives volume rises as global investors turn to our marketplaces to manage risk amid heightened volatility
• SDAV growth and STI outpace peers across Southeast Asia

Financial Regulators And Industry Representatives Set Vision For New Zealand’s Insurance Sector

Date 08/08/2024

The Council of Financial Regulators (CoFR) Insurance Forum has set a vision for New Zealand’s insurance sector.

SGX Group Reports FY2024 Net Profit Of S$525.9 Million

Date 08/08/2024

Singapore Exchange (SGX Group) today reported FY2024 adjusted net profit of S$525.9 million, 4.5% higher from the previous year (S$503.2 million). Adjusted EBITDA was up at S$711.6 million (S$688.6 million), while adjusted earnings per share was 49.2 cents (47.1 cents).

UK Financial Conduct Authority Progresses Framework For Driving Long-Term Value For Workplace Pension Savers

Date 07/08/2024

Pensions savers stand to benefit from a new proposed framework designed to shift the focus from costs to long term value, and ultimately deliver better retirement savings.  

Robinhood Reports Second Quarter 2024 Results

Date 07/08/2024

• Record Revenues of $682 million, up 40% year-over-year
• Record GAAP Diluted EPS of $0.21, up $0.18 year-over-year
• Record Net Deposits of $13.2 billion, an annualized growth rate of 41%

TMX Group Consolidated Trading Statistics – July 2024

Date 07/08/2024

TMX Group Limited today announced July 2024 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), including Alpha-X & Alpha DRK, and Montréal Exchange (MX).

Cboe Announces Planned Launch Of Options On VIX Futures, Further Expanding Volatility Product Suite

Date 07/08/2024

• New options planned to be listed on front-month Cboe Volatility Index (VIX) futures
• Options-on-future structure designed to offer new way to manage market volatility
• Expansion of VIX complex aims to address global demand for hedging tools

The EBA Publishes Results From Its First Fact Finding Exercise On Creditworthiness Assessment Practices Of Non-Bank Lenders

Date 07/08/2024

The European Banking Authority (EBA) published today the results of a fact finding exercise on the creditworthiness assessment (CWA) practices of non-bank lenders (NBLs). The exercise is a follow-up to the Consumer Trends Report published in April 2023 and aimed at gaining insight into the extent to which NBLs contribute to over-indebtedness and arrears. The EBA finds that, while some NBLs might service segments of the population that may have limited opportunities to access traditional banks for credit, a significant number of the surveyed NBLs appear to apply inadequate practices for information gathering and verification during their CWAs.