Analysts Maggie Wang and Paul Yong have lowered their earnings estimates and DPU forecasts for the port operator to 13 HK cents.
Weekly Singapore Stock Market Round up: Post National Day Rally
Last week, Singapore’s stock market experienced both significant gains and declines. The Straits Times Index (SGX: ^STI) ultimately closed the week 1.1% higher on Friday, but not without encountering ...
Musim Mas Signs its first Sustainability-Linked Loan with Rabobank and HSBC Bank
Priya Kini, Head of Commercial Banking, HSBC Singapore, said: "We have a longstanding relationship with Musim Mas, and we are glad to be able to further deepen our support with their first ...
Great Eastern names HSBC banker as new group CEO
Hingston joins from HSBC, where he has worked in the last 18 years ... both internal candidates in the company as well as an executive search within and outside Singapore in choosing a successor for ...
Woman scammed of over $213k; police, bank step in to save her from losing another $500k
The 75-year-old victim had fallen prey to a government official impersonation scam. Read more at straitstimes.com.
How the Fed Will Help Singapore REITs Outshine Banks
Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three homegrown banks. Last year, DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas ...
Tata Steel Bolsters Global Footprint with Major Investment in Singapore Subsidiary
Tata Steel has significantly increased its investment in its Singapore-based subsidiary, T Steel Holdings Pte Ltd, with an acquisition of 178 crore additional equity shares worth USD 280 million. This ...
Great Eastern’s group CEO Khor Hock Seng to retire in October
Great Eastern Holdings group CEO Khor Hock Seng will retire on Oct 31, according to a release dated Aug 28. He will be replaced by Greg Hingston, with effect from Nov 1.
OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case
SINGAPORE: OCBC has filed a number of claims in the High Court for more than... The post OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case appeared first on The In ...
Singapore stocks fall as investors await Nvidia results; STI declines 0.2%
SINGAPORE – A buoyant session on Wall Street overnight failed ... Local banking stocks finished lower. DBS declined 0.6 per cent to $35.68, OCBC contracted 0.5 per cent to $14.40 and UOB slid 0.5 per ...
IPOS partners with various firms to raise IP awareness in Singapore
The Intellectual Property Office of Singapore (IPOS) will partner with NTUC’s Visual, Audio, Creative Content Professionals Association (VICPA) to raise IP awareness and proficiency amongst creators ...
Woman scammed of over $213k; police, bank intervene to save her from losing another $500k
The 75-year-old victim had fallen prey to a government official impersonation scam. Read more at straitstimes.com.
Singapore joins ‘highly transparent’ real estate market ranking, surpasses Hong Kong
Australia, New Zealand, Japan and Singapore are the best four among Asia-Pacific property markets in JLL’s latest transparency survey. The UK, France and US top the list globally.
Police and Standard Chartered prevent victim from losing $500k
The police's Anti-Scam Centre (ASC) partnered with Standard Chartered in August to thwart a government official impersonation scam, preventing a $500,000 loss. The bank's swift detection of suspicious ...
Back in the day: Today in 1993, Singapore held its first Presidential Election
Singaporeans cast their votes at the polls and elected Ong Teng Cheong as Singapore's fifth President. It was the first time citizens in the Lion City were given the power to directly vote for our ...
A $1.87 bil IPO overbought 400 times shows India stock frenzy
An IPO by an Indian motorcycle dealership with two outlets and eight employees has been oversubscribed by more than 400 times.