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Tag: finance

Posted on 28/02/2024

Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again

OLAM Group said on Wednesday the initial share sale in its agricultural unit would not happen by the first half of 2024, while reporting a 41% drop in annual underlying profit due to high interest ...

Posted on 28/02/2024

OCBC fourth-quarter net profit climbs 12%, but below forecast

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Wednesday (Feb 28) a 12 per cent jump in net profit in the fourth quarter from a year earlier, driven mainly ...

Posted on 28/02/2024

OCBC Q4 profit up 12% to $1.62 billion; to pay final dividend of 42 cents

SINGAPORE – OCBC Bank’s earnings rose in the fourth quarter of 2023 due to higher operating profit and lower allowances set aside for potential bad loans, even as it faced increased funding costs that ...

Posted on 28/02/2024

Singapore bank OCBC fourth-quarter profit misses expectations, sees rates falling

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) said it expected interest rates to trend downwards, likely from second half of 2024, after posting a 12% jump in ...

Posted on 28/02/2024

Singapore’s bank OCBC fourth-quarter net profit climbs 12% on-year

SINGAPORE, Feb 28 (Reuters) - Singapore's second largest bank Oversea-Chinese Banking Corp (OCBC) reported on Wednesday a 12% jump in net profit in the fourth quarter from a year earlier driven mainly ...

Posted on 28/02/2024

Commentary: The onslaught of scams in Singapore has made me a paranoid mess

SINGAPORE: It started innocently enough. A bank employee called me to say that she was my new account manager, and offered to meet in person to share details about higher interest-earning products.

Posted on 28/02/2024

2024 HSBC Women’s World Championship Schedule: Wednesday Start Time, How to Watch Live Stream, Tee Times & Pairings

View how Data Skrive uses AI here. Golfers will travel to Singapore, Singapore for the 2024 HSBC Women's World Championship at the 6,775-yard, par-72 Sentosa Golf Club, with $1.8M in prize money up ...

Posted on 28/02/2024

HSBC Women’s World Championship TV coverage: How to stream or watch Thidapa Suwannapura | February 29 – March 3

Thidapa Suwannapura will be part of the field golfing at the 2024 HSBC Women’s World Championship at Sentosa Golf Club in Singapore, Singapore from February 29 – March 3.Suwannapura ...

Posted on 28/02/2024

HSBC Women’s World Championship TV coverage: How to stream or watch Linn Grant | February 29 – March 3

Linn Grant will be one of the golfers taking part in the 2024 HSBC Women’s World Championship at Sentosa Golf Club in Singapore, Singapore from February 29 – March 3.In the past year, ...

Posted on 28/02/2024

Singapore Stocks: Ho Bee Land Turns to Loss in 2023, Shares Decline

Singapore stock Ho Bee Land Limited (SG:H13) declined over 2% as it turned to a loss in its full-year results for 2023. The real estate developer ...

Posted on 27/02/2024

Deputy group CEO of FairPrice Group to helm OCBC’s new corporate strategy unit

SINGAPORE – OCBC will create a new division called Group Strategy, Innovation and Sustainability to further strengthen the bank’s strategic focus and generate growth. The new unit, which will be set ...

Posted on 27/02/2024

OCBC forms new unit to sharpen growth focus

Singaporean lender OCBC is forming a new division, Group Strategy, Innovation and Sustainability, in a bid to further strengthen its strategic focus on growth.

Posted on 27/02/2024

OCBC sets up division for innovation and sustainability, picks Fairprice’s Elaine Heng as head

OCBC announced on Tuesday (Feb 27) its plan to set up a division named Group Strategy, Innovation and Sustainability, under the bank’s slate of moves to solidify its strategic focus and generate ...

Posted on 27/02/2024

Emerging Markets: Most Asian stocks fall, Singapore shares down almost 1.1%; forex tepid ahead of key economic data

Most Asian currencies were subdued on Tuesday while stocks extended losses ahead of key US. and regional economic data this week that could provide clues about interest rate outlook from the Federal ...

Posted on 27/02/2024

Singapore stocks close lower as traders eye macro data, STI down 0.4%

SINGAPORE shares ended Tuesday (Feb 27) in the red, against a mixed bag of results in other regional stock markets, as investors waited ... Across the broader market, advancers narrowly beat decliners ...

Posted on 27/02/2024

Shein is considering moving its massive IPO from New York to London amid scrutiny over its supply chains and ties to China

Shein, which was founded in China but is now based in Singapore, was seeking a valuation of $80 billion to $90 billion, per Bloomberg.

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