City Developments will sell its majority stake in a landmark Singapore office complex as it aims to cut debt and regain investor confidence after a public feud between billionaire chairman Kwek Leng ...
Invest in Asia’s resilient economies to protect portfolios in volatility: HSBC
Navigating global trade uncertainty, HSBC urges clients to gain exposure towards Asia’s domestic resilience and structural growth opportunities.
OCBC, Ant International launch embedded finance in Indonesia
Ant International, a global digital payment and financial technology provider headquartered in Singapore, and OCBC Indonesia have teamed up to deliver embedded financial services to small and ...
UOB Kay Hian maintains positive view on S-REITs amidst stability
Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%. Singapore’s real estate investment trusts (S-REITs) continue to be a bright spot for investors seeking stability amidst ...
UOB Kay Hian raises target price for DFI Retail to US$3.50 following divestment of associate stake in the Philippines
Adrian Loh of UOB Kay Hian expects DFI to continue to pare down debt and potentially deliver higher dividends, estimated at 10.3 US cents per share ...
Asian Stocks Up, Dollar Soft as Trade Uncertainty Mounts
SINGAPORE (Reuters) - Asian stocks inched higher on Wednesday and the dollar wobbled near six-week lows as traders braced for higher U.S. duties on steel and aluminium, the latest chapter in the trade ...
Singapore Shares Tipped To Bounce Higher Again On Friday
(RTTNews) - The Singapore stock market on Thursday ended the seven-day winning streak in which it had surged almost 325 points or 8.5 percent. The Straits Times Index now sits just above the 3,830 ...
Deal Watch: IPOs and SPACs on the Rise; A ‘Golden Share’ for a Big Deal?
The pending Nippon Steel deal would be unusual in granting the U.S. government some control over a private company — models that are typically seen in Europe, Russia and China.
S’pore’s investment in Changi Airport Terminal 5 coming at the right time, says Iata chief
E Asia among the fastest growing air markets, he said. Read more at straitstimes.com. Read more at straitstimes.com.
Frencken to invest $63 million in new manufacturing site at Kaki Bukit
Frencken Group plans to invest $63 million to develop a new facility that will consolidate its existing operating sites here for better efficiency and future expansion. Frencken, which has various ...
The privatisation offer for this small Catalist company could cause SGX some discomfort
SINGAPORE] Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player – should not make much of a difference. Read more ...
Standard Chartered Bank ups maximum interest rate on savings account to record 8.05%
This is up from the previous 6.05 per cent and marks the highest rate offered by Standard Chartered’s flagship savings account.
CNA938 Rewind – Singapore’s PMI falls again for a 2nd straight month; a tougher second half to 2025?
Singapore’s manufacturing sector contracted for a second straight month in May, but the pace of decline eased slightly. Could we be in for a tough last six months of the year? Lance Alexander and ...
1MDB Scores Legal Victory as Singapore Allows $394M Suit Against BSI Bank to Proceed
A big legal win has just taken place in Singapore. The High Court there has allowed 1Malaysia Development Berhad (1MDB), Malaysia’s troubled former sovereign wealth fund, and its subsidiary Brazen Sky ...
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
SINGAPORE] A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric private mixed-use residential project. Read more ...
Maynilad IPO gets SEC green light
Maynilad could net up to P37.41 billion from the IPO, assuming the overallotment option and preferential offer are fully subscribed, the SEC said.