Venture Corp was the top gainer on the index, while Mapletree Logistics Trust led the losers. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s OCBC maintains 2025 guidance despite challenging outlook
Chinese Banking Corp (OCBC), Singapore's second largest bank, maintained 2025 guidance and set aside credit allowances, citing a challenging economic outlook after posting on Friday a 5% drop in first ...
Singapore’s bank OCBC first-quarter net profit drops 5%, but beats forecast
Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% decline in net profit in the first quarter, the first drop since the first quarter of 2022, mainly on lower ...
GSR’s Josh Riezman on Regulation, Risk, and Readying Crypto for the Next Phase
The market-maker, investor and asset manager aims to be a “one-stop shop for market participants,” says its Chief Strategy Officer. Riezman is a speaker at Consensus 2025 May 14-16.
Singapore’s Temasek, UK family office invest in digital impact marketplace Co-Axis
Singapore state investment company Temasek Holdings and UK family office Richardson Family are investing S$1.25 million (US$1 million) in Co-Axis, a digital impact investment marketplace.
Focus on Singapore cabinet reveal sidetracked by ministers’ photos with Fujian gang member
The city state awaits Prime Minister Wong’s government line-up amid controversy over images of Ong and Chee with a convicted money-launderer.
Singapore orders two additional Type 218SG submarines from Thyssenkrupp Marine Systems
German company Thyssenkrupp Marine Systems (TKMS) signed a new contract with Singapore’s Defence Science and Technology Agency (DSTA) for the construction of two additional Type 218SG-class submarines ...
Rajat Tiwari To Lead €15 Billion Investment Initiative In Europe And Singapore
Rajat Tiwari, a prominent figure in investment banking, is set to spearhead a major financial collaboration between European investors and Singapore.
GE2025: Analysts expect ‘major’ Cabinet reshuffle, with defence, finance and DPM roles the ones to watch
Prime Minister Lawrence Wong is expected to bring in new political office holders and reassign key ministers as he forms his first Cabinet following the PAP's strong election showing.
Property buyer loses $590k suit against real estate agent, ERA in rare case of size disparity
The lot area of the unit with upward-sloping walls was based on the ceiling area. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
New measures by local banks to prevent stolen card details from being added to mobile wallets
Previously, scammers could add such card details to their phones if they had also phished the user’s SMS OTP. Read more at straitstimes.com. Read more at straitstimes.com.
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
SINGAPORE] Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the world’s largest economy. But market watchers warn that ...
Malaysian Dollar Store Eco-Shop Sets IPO Price at Lower End of Range, Sources Say
Eco-Shop is set to price its initial public offering at the lower end of its guidance range, valuing the company at close to $1.5 billion, people familiar with the situation said.
Indonesian Billionaire’s Chandra Asri Expands In Singapore With Chevron Phillips Deal
The latest acquisition bolsters Chandra Asri’s position in Singapore where the group also operates an oil refinery, an ethylene cracker and a petrochemical plant.
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment for all of Sea’s digital financial services. Read more at The Business Times.
BNB a “tortoise” in growth, but likely to offer steady returns: Standard Chartered
Standard Chartered's Geoff Kendrick believes that BNB will be capable of reaching price level heights of US$1,275 by end-2025 ...