Singapore's Oversea-Chinese Banking Corp (OCBC) expected a drop in 2024's net interest margin (NIM), a key profitability gauge, after posting a 12% jump in fourth-quarter net profit that missed ...
Singapore’s first execution for murder since 2019: Bangladeshi man who killed ex-fiancee in Geylang hotel
A man who strangled his former fiancee in a budget hotel in Geylang in 2018 was hanged on Feb 28.The Singapore Police Force (SPF) said the capital sentence was carried out on Bangladeshi national ...
Singapore entrepreneur sold family home twice to fund startups, and gave up S$750,000 annual salary
Biotech entrepreneur Steven Fang sold his family home twice to fuel his startup ventures, including Invitrocue, which he is now growing. After experiencing the loss of a dear friend to lung cancer and ...
Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say
SINGAPORE - Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier ...
UPDATE 2-Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again
Saudi IPO to not happen in H1 2024*Annual operational PATMI dips 41%*Declares final dividend 4 Singapore cents per share(Adds background in paragraphs 2-3, details in paragraphs 5 and 8)Feb 28 ...
Singapore shares dip on Wednesday morning—STI fell by 0.3%
SINGAPORE: Singapore shares dipped on Wednesday morning ... Banking stocks exhibited a mixed trend in the early morning session. DBS experienced a slight decline of 0.2%, dropping S$0.05 to S$33.45.
Woman accused of pocketing US$4.2 million from crypto firm charged with cheating and other offences
A pair of slippers, a bag, a car and a pair of sunglasses were seized as proceeds of crime. (Photos: Singapore Police Force) SINGAPORE: A woman who handled the payroll for a cryptocurrency exchange ...
Woman who bought luxury car, goods after $5.6m in crypto goes missing from exchange charged
SINGAPORE - A woman who was sued by a crypto exchange over her alleged misappropriation of US$4.2 million (S$5.6 million) worth of crypto has been charged in court. Singaporean Ho Kai Xin, who was ...
Here’s How 10 APAC Markets Are Approaching Crypto Regulation
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse ...
Drunk man in Singapore pleads guilty to punching wife for refusing sex
The 61-year-old also tried to sexually assault his mother, warning her that he would kill her if she revealed the incident to anyone.
Gifted Stories: New Customised Gift Shop Specialising in Personalised Mini Blocks, First in Singapore
Gifted Stories, a novel customised gift shop, introduces Personalised Mini Blocks. Distinctly capturing special moments, the meticulously ...
Man who killed ex-fiancee is first person to be executed for murder in Singapore since 2019
This is the first judicial execution for murder in S'pore since 2019 when there were two such hangings Read more at straitstimes.com.
Singapore Property Giants Hit by High Rates, Global Downturn
Singapore property giants City Developments Ltd. and CapitaLand Investment Ltd. reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global ...
Olam H2 profit up 15.4% to $230.8 million, IPO for agriculture unit delayed again
SINGAPORE - Olam Group said its initial public offering (IPO) for its agriculture unit will no longer take place in the first half of 2024, as it announced its half-year results on Feb 28. It also ...
Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again
OLAM Group said on Wednesday the initial share sale in its agricultural unit would not happen by the first half of 2024, while reporting a 41% drop in annual underlying profit due to high interest ...
OCBC fourth-quarter net profit climbs 12%, but below forecast
SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Wednesday (Feb 28) a 12 per cent jump in net profit in the fourth quarter from a year earlier, driven mainly ...