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Category: FINANCE

Posted on 14/05/2024

OCBC prices US$500 million fixed-rate subordinated notes

OCBC has priced US$500 million of fixed-rate subordinated notes to be issued under its US$30 billion global medium-term note programme. Read more at The Business Times.

Posted on 14/05/2024

Haidilao restaurant operator Super Hi targets $1.87 billion valuation in US IPO

Singapore-based Super Hi’s 2023 revenue stood at US$686.4 million compared with US$558.2 million a year earlier. Read more at straitstimes.com.

Posted on 14/05/2024

Bankers need to learn to deal with ambiguity to navigate rising uncertainty: HSBC’s Ashmita Acharya

IN AN increasingly uncertain world, being able to deal with ambiguity can help navigate challenges and ever-changing trends, said Ashmita Acharya, head of wealth and personal banking at HSBC Singapore ...

Posted on 14/05/2024

Shein Leans to London IPO Amid U.S. Hurdles

The fast-fashion company headquartered in Singapore hasn't ruled out a U.S. listing, but the London Stock Exchange offers an easier route to going public, possibly within a month.

Posted on 14/05/2024

3 Singapore blue-chip stocks offering at least 6% dividend yields

SINGAPORE: As the stock market continues its roller-coaster ride, investors seek stability in blue-chip companies... The post 3 Singapore blue-chip stocks offering at least 6% dividend yields appeared ...

Posted on 13/05/2024

Shein steps up IPO plans amid reports suppliers still work 75 hours a week

Shein shares are set to go public on the London Stock Exchange (LSE), marking the controversial online retailer's initial public offering (IPO) as one of the largest globally this year. However, a ...

Posted on 13/05/2024

Singapore’s incoming PM makes minor cabinet reshuffle, seeks ‘continuity and stability’

Singapore's incoming prime minister Lawrence Wong appointed a new deputy premier in a minor reshuffle of the cabinet on Monday, as he gears up to become the city-state's fourth leader since its ...

Posted on 13/05/2024

Singapore stocks edge up, bucking decline in key regional markets

SINGAPORE - The Straits Times Index (STI) started the trading week with a rise of 0.4 per cent or 12.96 points to 3,303.66 after markets closed on May 13, making it one of the few better-performing ...

Posted on 13/05/2024

Singapore’s Lawrence Wong retains finance chief post after becoming PM

SINGAPORE -- Singapore's incoming leader, Lawrence Wong, will remain as finance minister after he becomes prime minister on Wednesday, according to the new cabinet lineup released Monday, as he ...

Posted on 13/05/2024

Singapore cabinet reshuffle: continuity in focus with veteran Gan Kim Yong to be Lawrence Wong’s deputy

Gan is likely chosen as DPM due to his close working relationship with Wong as co-chair in the Covid-19 government taskforce, an analyst says.

Posted on 13/05/2024

Singapore PM-Designate Wong Sticks With Old Guard in Reshuffle

Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact.

Posted on 13/05/2024

DPM Wong to remain as Finance Minister after becoming PM

Deputy Prime Minister (DPM) Lawrence Wong will retain his position as Finance Minister, after becoming Prime Minister (PM), according to the Prime Minister's Office (PMO)'s announcement on the Cabinet ...

Posted on 13/05/2024

Gan Kim Yong to become new DPM in Singapore’s Cabinet reshuffle; no changes of ministerial portfolios

MINISTER for Trade and Industry Gan Kim Yong will be promoted to Deputy Prime Minister (DPM) come May 15, alongside current DPM Heng Swee Keat, in a Cabinet reshuffle with few other major changes.

Posted on 13/05/2024

Gan Kim Yong to become DPM in Singapore Cabinet changes

Lawrence Wong, who announced the appointment of Mr Gan, said that continuity and stability are "key considerations" as the government approaches the end of its current term.

Posted on 13/05/2024

Singapore’s Incoming PM Wong Appoints New Deputy PM in Minor Reshuffle

SINGAPORE (Reuters) - Singapore's incoming prime minister Lawrence Wong announced a minor cabinet reshuffle on Monday ahead of assuming the top post later this week, with the biggest change the ...

Posted on 13/05/2024

Singapore PM-designate Wong sticks with old guard in minor reshuffle; picks Trade Minister Gan Kim Yong as his deputy

Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact.

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