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Tag: banking

Posted on 04/08/2024

OCBC Q2 profit up 14% to $1.94 billion, bank to weigh its options for Great Eastern

SINGAPORE – OCBC Bank’s second-quarter earnings grew more than expected on strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 03/08/2024

Unicommerce eSolutions IPO: Issue opening and closing date, latest GMP, price band, minimum investment – 10 things to know

As the Unicommerce eSolutions IPO is set to open for bidding next week, let’s take a look on 10 things that investors need to know before putting their money in the public issue. The company's maiden ...

Posted on 03/08/2024

Singapore Sets Up Task Force to Boost Flagging Stock Market

Singapore has established a review group to revive its stock market amid growing calls for initiatives to tackle poor liquidity.

Posted on 03/08/2024

Singapore To Boost Stock Market Development

The Monetary Authority of Singapore (MAS) on Friday announced a review group to strengthen equities

Posted on 02/08/2024

OCBC’s Q2 profit tops expectations, says on track to meet 2024 targets

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

Investing in Gold Bars & Using a Singapore Safe Deposit Box for Security

Financial markets keep up and down and many investors are looking to save and increase their money to gold bars.

Posted on 02/08/2024

OCBC Q2 profit up 14% at $1.94 billion, says on track to meet 2024 targets

SINGAPORE - Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi

Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest, at 2% of its total loan book compared to DBS’s 0.6% and United Overseas Bank U11 -0.19% ’s (UOB ...

Posted on 02/08/2024

$900m to beef up bus services is much-needed investment so let’s make most of it

New enhancement programme marks biggest injection of funds into public buses in a decade. Read more at straitstimes.com.

Posted on 02/08/2024

Ola Electric IPO subscribed 16% so far on first day of bidding process. Check GMP and other details

Ola Electric's IPO saw 16% subscription in the initial two hours, driven by retail investors. With a fresh issue of Rs 5,500 crore, founder Bhavish Aggarwal will sell 37.9 million shares. Analysts are ...

Posted on 02/08/2024

Afcom Holdings IPO Day 1: Issue subscribed 2 times so far; Latest GMP, subscription status, other key details of SME IPO

Afcom Holdings IPO price band is set at ₹102 to ₹108 per share and at the upper end of the price band, the company plans to raise ₹73.83 crore from the book-built issue.

Posted on 02/08/2024

OCBC Q2 profit up 14% to $1.94 billion, dividend of 44 cents declared

SINGAPORE – OCBC Bank’s earnings climbed in the second quarter on the back of strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 02/08/2024

WeRide Merges Into Crowded Field Of Autonomous Driving IPOs

That said, the WeRide IPO is notable for its very star-studded cast ... It has autonomous driving permits for its fleet of robotaxis in China, Singapore, the United Arab Emirates and the U.S., and ...

Posted on 02/08/2024

Ola Electric to raise $734 mln in India’s biggest IPO this year

A term sheet for the IPO, which will run from Aug. 1 to Aug. 6, puts a value of $4 billion on the company, which sold its first scooter in 2021. That valuation is about 25% lower than Ola's last ...

Posted on 02/08/2024

India’s First Unicorn Sets Sights on IPO After Returning Home

Mobile-advertising firm InMobi Pte is planning to go public in India in the second half of next year, seeking to capitalize on a booming stock market in the world’s fifth-largest economy.

Posted on 02/08/2024

Singapore stocks open lower on Friday—STI fell by 1%

SINGAPORE: Singapore stocks opened lower on Friday, August 2, following losses in global markets from the night before. The Straits Times Index (STI) fell by 1%, dropping 32.73 points to 3,387.11 by 9 ...

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