The blue-chip Straits Times Index (STI) closed 0.3 per cent or 12.11 points higher at 4,087.81 on July 11. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore cuts wait time for family offices
Nine banks, including UBS and Citigroup, have been fined a total of $21.5 million by Singapore’s financial authorities. The penalties come as part of a crackdown on money laundering activities in the ...
Commentary: Did anyone really win the Great Eastern-OCBC standoff?
After the delisting vote fell short, two groups of Great Eastern shareholders could be left worse off, says former financial journalist Ven Sreenivasan.
NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
SINGAPORE] The manager of NTT DC Reit (real estate investment trust) said the public tranche of its Singapore initial public offer (IPO) was about 9.8 times oversubscribed. Read more at The Business ...
NTT DC REIT’s IPO 4.6 times subscribed
Singapore's largest REIT IPO since 2013 is 4.6 times subscribed, with eyes next on how the opening trade will be when the gong is struck at 2 pm on Monday, July 14. A total of nearly 599.9 million NTT ...
UOB announces S$100,000 sponsorship for Singapore Tennis Association to support young talents
SINGAPORE] UOB on Thursday (Jul 10) announced a S$100,000 sponsorship-cum-donation to the Singapore Tennis Association (STA). Read more at The Business Times.
Who is Tan Teck Long, the former DBS veteran who is OCBC’s incoming CEO?
SINGAPORE] OCBC has announced that its chief executive Helen Wong, 64, will retire on Dec 31, 2025. Read more at The Business Times.
Singapore lender OCBC picks insider Tan Teck Long as next CEO
Singapore's second-largest bank OCBC said on Friday that Tan Teck Long, its head of global wholesale banking, will succeed Helen Wong as CEO when the bank's first female head retires at the end of ...
Singapore stocks notch 5-day rally ahead of GDP data
SINGAPORE] The local bourse extended its winning streak to end the week on a high note as investment sentiments have been undisturbed by tariff news, ahead of the release of the advance GDP estimate ...
Singapore’s public cord blood bank faces donor shortage despite rise in awareness
This comes as the use of cord blood has grown not just in hospitals, but also in cutting-edge medical research.
UOB Kay Hian sees upside in Singtel on ROIC gains, data centre growth
Analysts Chong Lee Len and Llelleythan Tan Yi Rong are maintaining their “buy” call on Singtel with an unchanged target price of $4.58.
International Property Alerts Unveils Global Investment Opportunities at Global Property Expo Singapore 2025
International Property Alerts (IPA), a leading global property concierge platform, will present exclusive overseas investment opportunities at the Global Property Expo Singapore 2025 (July 18-20) ( ...
Singapore bank employee faces trial for stealing $470K from client’s account
A former OCBC Bank employee in Singapore is being tried for illegally transferring SGD600,000 (US$470,000) from a client’s account and using nearly SGD90,000 of the client’s funds to pay credit card ...
UOB Private Bank redefines wealth building in Asia with personalisation and discipline
UOB’s discretionary portfolio management service helps clients grow and protect their wealth with steady returns and risk-managed strategies.
Aalberts’ privatisation offer for GVT is below target price but still likely to go through, says DBS
On July 10, GVT announced that Dutch semiconductor firm Aalberts Advanced Mechatronics has tabled a 94 cents per share offer, which is a 11.9% premium over GVT's share price just prior to the holding ...
SGX a ‘defensive pick’ as Singapore is viewed as tariff shelter
RHB analyst Jaiswal is expecting SGX to deliver more in terms of dividends. The payout ratio fell to 69% in FY2020 with the pandemic in full swing and the ratio has been kept at 61% since.