SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Wednesday (April 22): United Overseas Bank (UOB): UOB on Tuesday said it will ... ( read original story ...)
Half of Singapore finance leaders say their company falls short in sustainability reporting: Survey
SINGAPORE - Half of finance leaders in Singapore said their company falls short in reporting its triple bottom line of people, planet and profit. A report published on Wednesday (April 22) by Workday, ... ( read original story ...)
BRIEF-Xiangyang Changyuandonggu Industry Aims To Raise Up To 915.1 Mln Yuan In Shanghai IPO
In an announcement to the Australian Stock Exchange, Virgin said it planned to keep operating flights despite handing over the keys to administrators. - Singapore extends curbs - Singapore extended ... ( read original story ...)
U.S. Cases Accelerate; Singapore Extends Lockdown: Virus Update
The U.S. saw its biggest daily tally of new coronavirus infections in almost two weeks, though a senior official said most cities are seeing an improvement. The U.S. Senate passed a $484 billion ... ( read original story ...)
Top Singapore Oil Trader Cooked Books For Years, Owes Banks Billions
Hin Leong, one of the largest oil traders in the world, already owes some $3.85 billion to 23 banks, including JPMorgan Chase (JPM) and HSBC Holdings (HSBC), and is seeking protection from its lenders ... ( read original story ...)
Singapore oil traders face credit crunch after Hin Leong fiasco
Hin Leong owes about $3.85bn to more than 20 lenders, including $600m to HSBC. Of Singapore’s three largest banks — DBS, UOB and OCBC — 5 per cent of their loan books is exposed to the energy sector, ... ( read original story ...)
Bruno Michieli Examines the Outlook for Private Equity in APAC Region
Having enjoyed two phenomenal years in succession, the Asia-Pacific (APAC) private equity industry slowed down in 2019 as its main driving force, China, grappled with a softening economy and the ... ( read original story ...)
Singapore Proves There’s No Textbook Virus Response
Once lauded as a beacon in the fight against Covid-19, Singapore reached an unenviable milestone this week: the most cases in Southeast Asia.Soaring infections suggest rapidly tightening restrictions ... ( read original story ...)
Singapore’s IPOS ranked world’s most innovative IP office
SINGAPORE, April 9 (Xinhua) -- The Intellectual Property Office of Singapore (IPOS) said on Thursday it was ranked as the world's most innovative intellectual property (IP) office for the first time, ... ( read original story ...)
Singapore extends partial lockdown until June 1 as infections surge
Singapore will extend a partial lockdown until June 1 to curb a sharp rise in coronavirus infections in the city-state, Prime Minister Lee Hsien Loong said on Tuesday. The measures, which include the ... ( read original story ...)
‘Technologies help me overcome any difficulties’ – An Indian professional on life in Russia
Born in India’s Kolkata, Pratik Bhattacharjee now works in Moscow as Head of Credit Cards & Personal Loans at Citibank. He explains what it was like to move to Russia after Singapore in 2017 and why ... ( read original story ...)
Coronavirus to sap Philippines’ dollar sources — DBS Bank
But in a report released Tuesday, the research unit of Singapore-based DBS Bank said the recent spike in demand for locally manufactured electronic products, the Philippines’ top export, seen in the ... ( read original story ...)
The Low Keng Huat (Singapore) (SGX:F1E) Share Price Is Down 50% So Some Shareholders Are Getting Worried
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners ... ( read original story ...)
UPDATE 1-Singapore extends partial lockdown until June 1 as infections surge
Singapore will extend a partial lockdown until June 1 to curb a sharp rise in coronavirus infections in the city-state, Prime Minister Lee Hsien Loong said on Tuesday. The measures, which include the ... ( read original story ...)
Over 17,000 bank customers seek to defer mortgage payments
Singapore saw more than 17,000 bank consumers applying for a deferment of their ... Maybank shared it received around 2,000 applications for a mortgage moratorium. Citibank, Standard Chartered and ... ( read original story ...)
DBS’s Gupta pans banks’ dividend cuts, sees Covid-19 as threat to all
Piyush Gupta, head of Singapore’s DBS Bank, tells Euromoney that scrapping dividends now is a mistake, discusses the mental stress of working from home, and says a multi-year recovery will hit banks ... ( read original story ...)