Advancers beat decliners 255 to 311, with $1.3 billion worth of securities changing hands. Read more at straitstimes.com.
Thailand’s new finance minister may steady skittish markets
Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support battered markets. Thailand's ...
Singapore Airlines plane dropped 178ft in five seconds – report
Early investigations into severe turbulence that hit a Singapore Airlines flight last Tuesday reveal it dropped around 178ft (54m) over 4.6 seconds. One British passenger died and dozens more were injured when the London-Singapore flight encountered the turbulence over Myanmar and had to make an emergency landing in Thailand.
G-force changes likely cause of Singapore flight injuries, probe finds
Dozens of passengers suffered injuries on a Singapore Airlines flight due to “rapid changes” in gravitational force and a 54-metre altitude drop, a preliminary investigation has found. A 73-year-old British man died of a suspected heart attack and ...
Rapid Altitude Drop Threw Unbelted Passengers On Singapore Flight: Report
A sudden 54-metre altitude drop caused unbelted passengers on a Singapore Airlines flight hit by deadly turbulence to be thrown violently inside the cabin, causing injuries, the transport ministry said Wednesday.
Singapore Passengers Had Seconds to React as Jet Hit Turbulence
Passengers aboard the Singapore Airlines Ltd. flight that hit extreme turbulence last week had seconds to react between the moment the seatbelt sign came on to when the aircraft encountered severe changes in the forces of gravity,
Aircraft that was in severe turbulence incident returns to Singapore
The Singapore Airlines (SIA) aircraft used for a flight in which a passenger died during severe turbulence returned to Singapore on Sunday, five days after its emergency landing in Bangkok, the carrier said in a statement.
Rapid G-Force Fluctuations Caused Injuries on Singapore Airlines Flight
Injuries on board a turbulence-hit Singapore Airlines flight last week were likely caused by rapid G-force fluctuations that sent those who weren’t buckled in into the air before falling back down during the span of 4.
Woman, 75, opened bank account on boyfriend’s behalf, received $259k from suspicious sources
Kang Pue Hue got to know one "John Lee Marina" through WhatsApp before she committed her offences. Read more at straitstimes.com.
Singapore’s OCBC to invest more in Greater China despite geopolitical tensions
The reason for the bank to continue investing in Greater China, contrasting with what some western peers have been doing, is that it continues to see great growth potential in the world's ...
OCBC to invest $260 million to grow tech capabilities, office space in Greater China
The bank hopes to seize opportunities from companies that are increasingly looking to South-east Asia. Read more at straitstimes.com.
OCBC doubles down on Greater China growth, aims to invest HK$1.5 billion into its tech and facilities in the region
OCBC is banking on China’s improving economic condition and resultant positive spillovers into Asia as key growth drivers, as it plans further investments into its services across the Greater China ...
OCBC to invest HK$1.5 bil into tech and facilities across Greater China, hire 300 software engineers in China
In addition, Bank of Singapore’s Hong Kong branch aims to grow AUM by 50% by 2026, compared to end-2023 figures.
Hong Kong second-largest contributor to OCBC’s sustainable loan commitments after S’pore
OCBC group CEO Helen Wong stated last May that she will not raise the bank’s sustainable finance loan commitment target further.
BlackRock’s US$20-billion ETF is now the world’s largest bitcoin fund, dethroning Grayscale’s rival crypto trust
BlackRock’s iShares Bitcoin Trust has attracted the greatest inflow, totalling US$16.5 billion, among nine spot bitcoin exchange-traded funds that went live in the United States in January.
Sebi Eases IPO Regulations for Entrepreneurs
Sebi has introduced changes to ease the IPO process, focusing on offer size criteria and flexibility for promoter contributions. Amendments include counting equity shares from convertible securities ...