Singapore’s GIC flags market risks; inflation here to stay

Singapore’s GIC flags market risks; inflation here to stay

Singapore sovereign wealth fund GIC, one of the world’s biggest investors, is bracing for muted investment returns and expects little respite from runaway inflation that has forced central banks around the world to tighten policy. “Inflation itself is already a...
Fintech firm GloriFi plans U.S. listing with $1.7bn SPAC deal

Fintech firm GloriFi plans U.S. listing with $1.7bn SPAC deal

Fintech company GloriFi is planning a U.S. listing by merging with blank check firm DHC Acquisition in a $1.7bn deal. GloriFi, whose equity holders will roll forward 100% of their existing shares, will receive nearly $279m in cash proceeds, the companies said on...