What are the strengths and weaknesses as of today, since the Catalist board was set up in 2007? Read more at straitstimes.com.
Consider investing in undervalued firms as trading picks up in S’pore stock market: Panel
The benchmark index was supported by the three Singapore banks – DBS, UOB and OCBC – which all hit record highs during the week, as well as interest rate-sensitive real estate investment trusts and ...
Banks in Singapore to phase out one-time passwords in 3 months
The Monetary Authority of Singapore (MAS) has announced a new requirement impacting all major retail banks in the country to phase out the use of one-time passwords (OTPs) within the next three months ...
Bank stops woman from transferring $1,500 to ‘boyfriend’ for his release from S’pore Customs
A woman went to the Bedok branch of UOB to transfer $1,500 to her “boyfriend” on Feb 27. She claimed that he was detained by the Singapore Customs and had to pay a sum of money for his release. Bank ...
Singapore investors pivot to ‘risk on’ approach ahead of expected rate cut: survey
Singapore investors are adopting a risk-on position ahead of the much-awaited rate cut by the US Federal Reserve, with 60% looking to raise their bet on equities, according to a survey by Fidelity ...
OCBC garners 93.52% of Great Eastern’s shares, short of compulsory acquisition threshold
This is lower than the 98.87% shareholding required to trigger a compulsory acquisition of shares. Read more at straitstimes.com.
IN FOCUS: Singapore’s stock market at ‘rock bottom’. What will it take to shake things up?
For years, the Singapore stock market has been reeling from a "vicious cycle" of poor valuations, evaporating liquidity and a lack of new listings. What will it take to give the moribund market a shot ...
GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further three months
The GEH offer has closed and shares are to be suspended, but OCBC will continue to accept offers for a further three months.
IPO-Ready Shein Enjoys More Traffic Than Fast-Fashion Rivals, Data Shows: Are Temu, Poshmark In The Dust?
Shein is positioned for a successful London IPO, but is marred by regulatory challenges in the U.S. and forced labor allegations.
JPMorgan, Standard Chartered-Backed Blockchain Fintech Partior Secures $60M In Venture Capital
Partior intends to use the new capital to enhance its ledger-based interbank rails for real-time clearing and settlement.
Partior, blockchain payment network backed by JPMorgan and Standard Charter, raises $60M
Partior, a cross-border payment network backed by big banks JPMorgan Chase & Co., Standard Chartered Plc. and DBS Bank Ltd., today announced it has raised $60 million in a Series B funding round.
SME performance up in Q2 2024, but OCBC predicts flat year
SINGAPORE: Small and medium enterprises (SMEs) in Singapore have shown signs of recovery in the... The post SME performance up in Q2 2024, but OCBC predicts flat year appeared first on The Independent ...
The Best Investment Alternatives For T-bills in Singapore 2024
You may recall 2023 as the record high yields for T-bills - reaching an all-time high of 4.0%. Although the yields have slowed down, it’s still an attractive option for short-term investments. Those ...
Blockchain payment network Partior raises $60 million in Series B funding
Partior, a blockchain payment network backed by JPMorgan, DBS, and Standard Chartered , has secured $60 million in a Series B funding round.
Trading of Great Eastern shares to be suspended after OCBC closes takeover offer
OCBC owns over 90 per cent of Great Eastern. Under SGX rules, listed companies must maintain a free float – shares held by the public – of at least 10 per cent. If this threshold is not met, SGX may ...
GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further 3 months
On June 25, OCBC’s ownership crossed 90%. As a result, GEH shares will be suspended on Monday July 15. Accordingly, the offer is no longer open for acceptance and any acceptances received after 5.30 p ...