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Category: FINANCE

Posted on 23/06/2025

OCBC says it will not make further offers for Great Eastern even if delisting proposal fails

Oversea-Chinese Banking Corp (OCBC) on Monday (Jun 23) said that it has no intention to make another offer to buy the rest of Great Eastern in the future in the event shareholders opted to not delist ...

Posted on 23/06/2025

OCBC says ‘no intention’ to convert Great Eastern Class C non-voting shares to ordinary shares in five years

OCBC exit offer is final; it does not plan to launch another offer in the foreseeable future. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 23/06/2025

OCBC: no intention to convert Class C shares to ordinary shares

OCBC says it has no intention to convert its Class C Non-Voting shares to ordinary shares on or after the fifth anniversary of the first issuance of the Class C Non-Voting shares ...

Posted on 23/06/2025

Singapore’s OCBC to not make further offers to delist insurance arm

Singapore's Oversea-Chinese Banking Corp said on Monday it will not make any further offers to buy the rest of its insurance arm, Great Eastern , after its latest S$900 million ($697.7 million) ...

Posted on 23/06/2025

Singapore Core Inflation Holds Steady at 0.6% in May Amid Global Risks

Singapores core inflation rose 0.6% year-on-year in May, matching economist expectations and marking the fifth straight month below 1%, according to official data released Monday. The core rate, which ...

Posted on 23/06/2025

OCBC keeps ‘hold’ on Sheng Siong but with higher fair value of $1.99

We believe Sheng Siong is expanding its market shares amid ongoing industry trend of store rationalisation,' says OCBC ...

Posted on 23/06/2025

Rhenus Expands Investment in Southeast Asia with the Addition of New Air Freight Gateway in Singapore

The new Rhenus Airport Gateway in Singapore will strengthen the company's global network, offering multi-modal connectivity via air, ocean and cross-border trucking. It will provide a more ...

Posted on 23/06/2025

US stock market outlook: Will S&P 500, Dow Jones, Nasdaq crash or rise amidst Iran Israel war?

Donald Trump-headed USA's direct involvement Iran Israel war is set to have an impact on the US Stock Market. Donald Trump stunned the world by declaring that USA conducted "very successful attack" on ...

Posted on 23/06/2025

Comparing Singapore’s 5 Digital Banks—and Figuring Out Which is Best for You

Digital banks are changing how Singaporeans manage their money. Unlike traditional banks, these app-based banks operate fully online, with no branches, shorter queues (read: none), and often, fewer ...

Posted on 23/06/2025

Longbridge pushes boundaries with AI, 0 fee trading in Singapore

Longbridge is scaling up its presence in Singapore with a mix of 0 fee trading, advanced fintech infrastructure and advanced-grade tools for retail investors.

Posted on 23/06/2025

10 best savings accounts in Singapore with the highest interest rates (June 2025)

For the longest time, UOB One and OCBC 360 were the top dogs when it came to high-interest savings accounts in Singapore. Even after both got nerfed, they still managed to stay ahead of the pack — and ...

Posted on 23/06/2025

OCBC expects to finance at least RM3 billion in Johor investments by year-end

The OCBC Group has committed more than RM11 billion in financing to businesses in the Johor state since the start of 2024.

Posted on 23/06/2025

Korea and Singapore at 50: Stronger ties, shared challenges, common vision

Singapore and Korea are like-minded partners because the two countries share very similar developmental journeys achieving economic success without natural resources but focusing on developing our ...

Posted on 22/06/2025

India pulls ahead in AI race with $10 billion in cross-border investments, tops Asia: Moody’s report

Amid a global slowdown in cross-border investment, countries in East and Southeast Asia—particularly India, Singapore, and Malaysia—are emerging as key destinations for AI-related capital, according ...

Posted on 22/06/2025

Break Singapore’s new crypto rules and you could face $200K fine or jail

Singapore crypto regulations and the June 30 deadline The Monetary Authority of Singapore (MAS) has delivered a clear mandate that all Singapore-based entities offering digital token services to ...

Posted on 22/06/2025

OCBC Group has lent $3.3b to Johor firms since 2024; $908m more expected by end-2025

This is part of efforts to support development in the emerging Johor-Singapore Special Economic Zone. Read more at straitstimes.com. Read more at straitstimes.com.

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