The Singapore Straits Times Index (STI) kicked off 2025 by breaking through historical highs, igniting interest among investors and market analysts alike. As the benchmark index crossed the ...
Singapore’s Temasek invests in snack firm Haldiram’s as India remains key focus
The state investment fund has reportedly bought a 10 per cent stake in the leading Indian food company for US$1 billion Singapore's state investment fund, Temasek, has added another company to its ...
Singapore’s STI: Revealing the Top Blue Chips That Move the Market
The top ten blue chips within the STI not only represent substantial market shares but also reflect the sectors driving economic growth. These include: Oversea-Chinese Banking Corporation (O39) – ...
Singapore’s foreign exchange and money markets are functioning normally, central bank says
SINGAPORE: The Monetary Authority of Singapore said on Thursday that Singapore's foreign exchange and money markets continue to function normally.
OCBC to deploy £10 billion investment from Asia into UK
Singapore’s OCBC has signed an agreement with the UK government to deploy £10 billion (US$13 billion) of investments across the United Kingdom’s energy, infrastructure, and real estate sectors by 2030 ...
Jefferies Moving to Bigger Singapore Office Amid Expansion Push
Jefferies Financial Group Inc. is set to move to a larger office space in Singapore, according to people familiar with the matter, in a further signal of the Wall Street firm’s expansion drive in Asia ...
OCBC prices 500 million euro bonds due 2028 at 2.481%
SINGAPORE] OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds will bear interest at a fixed rate of 2.481 per ...
UOB ‘humming along nicely’ and RHB sticks with $41.60 target price
RHB’s team met UOB management in a “recent meeting”, and the bank’s leaders are reportedly comfortable with their guidance for FY2025.
OCBC aims to fund $17 bil over five years to support FDI into the UK
The agreement seeks to promote the UK as a hub for businesses, investors and services involved in the energy transition.
OCBC to finance £10 billion in UK investments by 2030 under new partnership
SINGAPORE] OCBC plans to deploy £10 billion (S$17.4 billion) in financing over the next six years to support foreign direct investment into the United Kingdom, the bank said on Wednesday (Apr 2). Read ...
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital could fund this buy: analysts
DBS Bank's strong track record of turning around unprofitable targets could benefit Indonesia’s Panin Bank through the potential acquisition.
One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
SINGAPORE] Office complex One Raffles Quay has obtained a five-year, S$1.13 billion sustainability-linked loan (SLL) from DBS and three other banks, to support its efforts to reduce its carbon ...
2 investment firms secure large stakes in Novotech
Two investment firms have acquired large stakes in global CRO Novotech, the Singapore-based company announced March 30. GIC and Temasek have invested in Novotech with the goal of providing funds to ...
OCBC signs pact with UK govt to channel $17b of investments into key British industries
OCBC will also help UK firms expanding into or establishing operations in Singapore and South-east Asia. Read more at straitstimes.com.
Taiwan chipmaker UMC’s US$5B new wafer fab facility in Singapore to create 700 jobs
SINGAPORE: Taiwanese chipmaker United Microelectronics Corp’s (UMC’s) newly opened US$5 billion (S$6.7 billion) wafer fabrication facility in Pasir Ris, Sin ...
UltraGreen.ai is said to mull up to S$400 million IPO in Singapore
SINGAPORE] UltraGreen.ai, a provider of fluorescence technology used in medical and surgical imaging, is considering an initial public offering to raise as much as S$400 million, people familiar with ...