As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two years through dividends and buybacks.
Singapore shares fall as company earnings disappoint; STI down 0.2%
The fallout left the Straits Times Index (STI) down 0.2 per cent or 7.82 points to 3,908.05 but gainers just beat losers 330 to 236 after 1.5 billion securities worth $1.7 billion changed hands.
Singapore Tycoon Kwek accuses son of boardroom coup attempt
The billionaire Kwek, 84, said in a statement that he had sought to dismiss his son, Sherman Kwek, from the CEO position earlier in February due to what he alleged were “serious lapses of corporate ...
Singapore factory output grows 9.1% in January
It was driven by growth in three of the six clusters, with biomedical manufacturing and electronics leading the way. Read more at straitstimes.com.
Two Singapore ministers file defamation lawsuits against Bloomberg
Singapore's law and home affairs minister and its manpower minister have filed defamation lawsuits against Bloomberg News and one of its reporters, according to a schedule of court hearings.
HSBC Names Asia Country, Banking Heads in CEO’s Major Revamp
HSBC Holdings Plc gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers.
Metro Department Store in Singapore to Accept Stablecoin Payments
Singapore 's Metro Department Store has recently decided to embrace stablecoin payments in partnership with dtcpay.
Singapore Billionaire Kwek Leng Beng Sues Son In Battle For Control Of Property Giant City Developments
Real estate billionaire Kwek Leng Beng has disclosed that he has filed a lawsuit in Singapore against his son, Sherman, for control of the family’s crown jewel, property giant City Developments Ltd.
SCDF launches mobile pods to improve emergency response times
These pods were inspired by gym pods and isolated workspaces that emerged during the Covid-19 pandemic. Read more at straitstimes.com.
Mobile pod trial for emergency medical services to improve ambulance coverage and response times
The dynamic deployment pod will be stationed at Jurong Lake Gardens in the first three months, before moving to Toa Payoh public library for the next three months.
Singapore’s factory output rises 9.1% in January, in line with forecasts
SINGAPORE’S manufacturing output grew 9.1 per cent year on year in January, marking the seventh consecutive month of expansion, data from the Economic Development Board (EDB) on Wednesday (Feb 26) ...
Singapore’s manufacturing output rises 9.1 pct in January
Singapore's manufacturing output grew 9.1 percent year-on-year in January 2025, according to data released Wednesday ...
Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell
Singapore’s equity market delivered a 6.0% return, outperforming its ASEAN peers. Singapore’s strong equity performance, driven by Financials, Telecom, and Utilities, reflects robust market sentiment, ...
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Wednesday (Feb 26) with executive chairman Kwek Leng Beng publicly criticising his son ... ( read original story ...)
UOB lowers full-year inflation forecast amidst disinflation in January
Both core and headline inflation dropped in January. Singapore's core and headline inflation dropped to 0.8% and 1.2% in January from 1.7% and 1.5% in December 2024, respectively. Analysts at UOB ...
Iron ore dips on Chinese steel export concerns, US-Sino trade tensions
Iron ore futures prices weakened for a third straight session on Wednesday, weighed by a dampening outlook for Chinese steel exports and rising trade tensions between the U.S. and top consumer China.