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 ...
OCBC garners 93.52% of Great Eastern’s shares at offer close, falls short of compulsory acquisition threshold
SINGAPORE - OCBC and its concert parties have garnered 93.52 per cent of shares in Great Eastern as at the close of the offer on July 12. This is lower than the 98.87 per cent shareholding required to ...
Singapore securities trading value highest in months as STI rallies 0.7%
Inflight caterer and ground handler Sats jumps 5.5% or $0.17 to $3.29, a 52-week high Read more at straitstimes.com.
More firms seeking secondary listings on SGX, but IPO deals falter
SINGAPORE - More companies are seeking secondary listings on the Singapore Exchange (SGX) as part of their expansion plans into the region. But while foreign firms are eyeing a secondary listing here, ...
OCBC, UOB see surge in gold investments as glint catches eye of younger investors
Younger retail investors in Singapore are turning to gold as an affordable investment in times of uncertainty, market players said. In particular, the younger crowd are also looking at digital gold ...
UOB, Prudential unveil investment-linked life insurance policy
Singapore-based United Overseas Bank (UOB) is strengthening its regional partnership with multinational insurer Prudential by launching Thailand ...
Investing in Atlantic Navigation Holdings (Singapore) (Catalist:5UL) three years ago would have delivered you a 629% gain
Atlantic Navigation Holdings (Singapore) became profitable within the last three years. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have ...
Singapore’s SMEs turn expansionary after 5 straight quarters of contraction
The latest small and medium-sized enterprise (SME) index of Singapore's Oversea-Chinese Banking Corporation registered at 50.2 in the second quarter, turning expansionary after contraction for five ...
From Boring To Buzzing: 4 Ways Finance Festivals Have Transformed The Way Singapore Investors Learn About Investing
Attending physical finance events has become so much more than just sitting in a seminar hall and listening to a well-informed investment professional talk.
Singapore’s GDP grew 2.9% in Q2, beating expectations
Economic growth in the past three months added to the fastest pace of expansion in six quarters as reviving global demand for electronic goods put Singapore's semiconductor industry back in the ...
Singapore Q2 economic growth beats expectations at 2.9% as manufacturing recovers
The GDP data follows last month’s release of factory output figures showing a surprise 2.9 per cent year-on-year rebound in May. Economists had predicted a 1.4 per cent expansion in a Bloomberg poll, ...
Unlocking public-private-philanthropic partnerships to turbocharge climate finance
The world needs a new public-private-philanthropic-partnership to create a paradigm shift in catalyzing climate finance: BCG ...
Exporters advised to update trade policies of Singapore
The Vietnam Trade Office in Singapore has advised Vietnamese exporters to carefully study and keep updated on new regulations in Singapore, a market that is becoming more cautious in trade policy, in ...