Former tycoon Lim Oon Kuin, founder of Hin Leong Trading, was declared bankrupt after his oil empire's collapse amid fraud allegations and a USD 3.59 billion settlement.
5 Straits Times Index (STI) Stocks That Outperformed the Index
The Straits Times Index (STI) has performed well in 2024. These 5 companies have led the way in the term of performance.
Best credit card promotions in Singapore (December 2024): Citibank, DBS, HSBC, UOB and more
This December, it's giveaways galore. Sign up for a credit card and you could walk away with an all-new Porsche Taycan, 1 million Ascott Star Rewards Points, and up to 50,000 SmartPoints. Plus, enjoy ...
Singapore oil tycoon Lim Oon Kuin declared bankrupt after empire crash
The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec. 19, the government gazette showed ...
Top Stock Market Highlights of the Week: Singapore Post, OUE REIT and CDL Hospitality Trusts
Welcome to this week’s edition of top stock market highlights. Singapore Post (SGX: S08) Singapore Post, or SingPost, received a whistleblowing report earlier this year relating to its international e ...
Singapore’s disgraced oil tycoon Lim Oon Kuin declared bankrupt
Known in the oil trading industry as O.K. Lim, the 82-year-old former tycoon and his children, aged 57 and 54, will have their bankruptcy estates managed by trustees Leow Quek Shiong and Seah Roh Lin ...
Singapore Oil Mogul Declared Bankrupt After Empire Collapsed
Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
Singapore PM Lawrence Wong to deliver Budget speech on Feb 18
SINGAPORE (The Straits Times/ANN): The 2025 Budget statement will be delivered in Parliament on Feb 18 by Prime Minister Lawrence Wong. There will be live television and radio coverage of the Budget ...
Singapore PM Lawrence Wong to table Budget 2025 on Feb 18
The 2025 Singapore Budget Statement will be tabled in Parliament on Feb 18 by Prime Minister and Finance Minister Lawrence Wong. It will be ...
Issue #5: Bus and MRT Fares Are Going Up, HSBC Extends Live+ Card’s 8% Cashback, and More
Did you see these coming? Public transport fares are going up (boo), and one of the most exciting new cards launched this year is getting its 8% cashback extended (yay!). These are headlines you might ...
This Singapore stock surged more than 370% in 2024
Singapore shares had a very good year, outperforming many of their regional peers. Read more at straitstimes.com.
OCBC disposes entire 33.33% stake in Hong Kong Life Insurance
Oversea-Chinese Banking Corporation (OCBC) announced that its wholly-owned subsidiary, OCBC Bank (Hong Kong) is selling its entire 33.33% stake or 190 million shares in Hong Kong Life Insurance to Yue ...
Citing better portfolio mix, OCBC Investment Research raises fair value for Keppel DC REIT
A third data centre, dubbed KDC SGP 9, is slated for development on the same site as the other two data centres ...
Singapore fuel oil stocks rise to more than 8-year high
The following table details Singapore's onshore oil products inventory held by up to 14 major oil and oil storage companies as of Dec. 25, according to data released on Thursday by Enterprise ...
DBS, SIA, Mapletree Logistics Trust appear in Syfe’s list of top-traded SGX stocks for the year
Syfe also released the top five most-traded stocks in the US and Hong Kong respectively; one stock on the latter exchange has surged 635% year to date.
Singapore stocks rose as trading began on Friday morning—STI increased 0.6%
SINGAPORE: Singapore stocks rose as trading began on Friday morning (Dec 27), following a quiet session in the US market. The Straits Times Index (STI) increased 0.6%, or 22.28 points, to 3,783.73 at ...