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Category: FINANCE

Posted on 30/12/2024

Singapore’s DBS appoints Rajat Verma as DBS Bank India CEO

Singapore's DBS Group said on Monday it has appointed Rajat Verma as chief executive officer of DBS Bank India, succeeding Surojit Shome, who would retire at the end of February.

Posted on 30/12/2024

Rajat Verma appointed as CEO of DBS Bank India from March 2025

DBS Bank has appointed Rajat Verma as its new chief executive officer of DBS Bank India effective from Mar 1, 2025. Read more at The Business Times.

Posted on 30/12/2024

Singapore stocks saw little change on Monday morning—STI edged up 0.03%

In the broader market, 56 stocks gained while 46 declined, with 51.2 million securities valued at S$42.5 million traded ...

Posted on 30/12/2024

Possible IPO of Sunway Healthcare and Columbia Asia might spur re-rating of IHH Healthcare: Maybank

Maybank Securities has resumed coverage of IHH Healthcare , with a "buy" call and sum-of-the-parts based RM7.97 target price for its Bursa-quoted shares, up from a previous target of RM7.13. IHH ...

Posted on 30/12/2024

SingPost Names Group Finance Chief After Whistleblower Report

Singapore Post Ltd. named a group chief financial officer and said the search for a chief executive continues after it fired a number of senior executives over allegations of misconduct.

Posted on 30/12/2024

Singapore oil mogul declared bankrupt

SINGAPORE: Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Posted on 30/12/2024

OCBC sells stake in Hong Kong Life Insurance for $103 million

SINGAPORE - OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong investment holding company for HK$589.3 million (S$103 million). OCBC, through its wholly owned ...

Posted on 30/12/2024

Singapore Shares Expected To Remain Rangebound On Monday

The Singapore stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had ...

Posted on 30/12/2024

Mizuho Bank Singapore brings festive cheer to needy students

EMPLOYEES of Mizuho Bank Singapore recently brought some festive cheer to more than 40 students from AWWA’s Special Student Care Centre. Read more at The Business Times.

Posted on 29/12/2024

Singapore Oil Tycoon Lim Oon Kuin Bankrupt After Empire’s Dramatic Collapse

Lim Oon Kuin, the once-prominent oil tycoon and founder of Hin Leong Trading Pte., has been officially declared bankrupt in Singapore. This marks another chapter in the downfall of his once-thriving ...

Posted on 29/12/2024

Singapore oil tycoon Lim Oon Kuin declared bankrupt by court amid Rs 29797 crore settlement after collapse of…

Former tycoon Lim Oon Kuin, founder of Hin Leong Trading, was declared bankrupt after his oil empire's collapse amid fraud allegations and a USD 3.59 billion settlement.

Posted on 29/12/2024

5 Straits Times Index (STI) Stocks That Outperformed the Index

The Straits Times Index (STI) has performed well in 2024. These 5 companies have led the way in the term of performance.

Posted on 29/12/2024

Best credit card promotions in Singapore (December 2024): Citibank, DBS, HSBC, UOB and more

This December, it's giveaways galore. Sign up for a credit card and you could walk away with an all-new Porsche Taycan, 1 million Ascott Star Rewards Points, and up to 50,000 SmartPoints. Plus, enjoy ...

Posted on 28/12/2024

Singapore oil tycoon Lim Oon Kuin declared bankrupt after empire crash

The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec. 19, the government gazette showed ...

Posted on 28/12/2024

Top Stock Market Highlights of the Week: Singapore Post, OUE REIT and CDL Hospitality Trusts

Welcome to this week’s edition of top stock market highlights. Singapore Post (SGX: S08) Singapore Post, or SingPost, received a whistleblowing report earlier this year relating to its international e ...

Posted on 28/12/2024

Singapore’s disgraced oil tycoon Lim Oon Kuin declared bankrupt

Known in the oil trading industry as O.K. Lim, the 82-year-old former tycoon and his children, aged 57 and 54, will have their bankruptcy estates managed by trustees Leow Quek Shiong and Seah Roh Lin ...

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