Seatrium has secured fresh orders worth SGD 11bn ($8.1bn) after Brazil’s Petrobras ordered two more floating production, storage and offloading (FPSOs) at the group. Construction for the P-84 and P-85 ...
Banks, utilities top Morgan Stanley’s top stocks in Singapore
DBS, OCBC, Singtel, Sembcorp and Genting are its top picks. Defying global uncertainties, Singapore’s equity market is well-positioned to benefit from elevated interest rates with high-dividend stocks ...
Philippine Senate probes mayor linked to couple in Singapore’s S$3b money laundering case
THE mayor of a small town in the Philippines, who is said to own 16 vehicles and a helicopter, has been linked to two foreigners arrested in Singapore’s S$3 billion money laundering case. Read more at ...
Singapore Insurer’s Holders Seeking Better Offer From OCBC
A group of minority holders of Great Eastern Holdings Ltd. are resisting the S$1.4 billion ($1 billion) takeover bid from Oversea-Chinese Banking Corp., opening a new front in a longstanding fight ...
4 Singapore Retail REITs Sporting Distribution Yields of 5.5% or Higher
Here are four Singapore-listed retail REITs with distribution yields ... However, DPU fell by 14.5% year on year to S$0.021 because of higher finance costs. LREIT’s trailing 12-month DPU stood at ...
HSBC eyes synergies in wealth management, family office business amid robust profit growth in Asia
The UK lender aims to boost synergies through talent exchanges and client referrals in both cities in the coming years Pre-tax profit from HSBC's wealth management unit in Asia surged 51 per cent last ...
DBS keeps ‘buy’ on Hongkong Land despite impending writedown
Hongkong Land now trades at a discount of 69% off the RNAV of US$11.1 per share estimated by the DBS analysts. In their May 24 note, DBS points out that market sentiment in China has continued to ...
Are this month’s Singapore Savings Bonds a must buy? What is the expected allocation for each investor?
What is the expected allotment per investor on the June Singapore Savings Bonds?
HKFC Standard Chartered Soccer Sevens: 4v4 at the sevens, after HK Rangers humble English Premier League opponents
Glasgow Rangers closing on quarter-finals after claiming four points from opening two matches Hosts HKFC waiting for first goal after two games, Yokohama Marinos too strong for Singapore Football Club ...
Exports being held back by declining competitiveness
Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment ...
An investment scheme that promises quick and easy returns? It’s likely a scam
All his investments are handled by a bank broker. Mr Lim’s main portfolio: Singapore real estate investment trusts (Reits), which he deems as “fairly low risk”. But for some, these red flags aren’t so ...
Top Stock Market Highlights of the Week: Singapore’s GDP, Nvidia and Grab
This week, we look at Singapore’s latest GDP numbers and the latest results from a blockbuster graphic processing unit company. The post Top Stock Market Highlights of the Week: Singapore’s GDP, ...
Great Eastern hires EY to assess OCBC’s $1bn offer
Ernst & Young's (EY) role will be to assess the merits of the offer and advise Great Eastern's board accordingly.
Waystar Plans $950 Million IPO Launch as Soon as Tuesday
Health-care payments software firm Waystar Holding Corp. is moving ahead with a planned US initial public offering that’s expected to launch as soon as Tuesday, according to people familiar with the ...
More HSBC, Citi staff called back into office 5 days a week
HSBC and Citigroup have been well known among the firms on Wall Street for their flexible work culture thus far, but this is about to change.
UOB poised to capitalise on ASEAN’s booming mass affluent segment, says GlobalData
Research from GlobalData highlights that the region’s mass affluent segment grew by 36.4% between 2017-22, with healthy growth set to continue and RBI Asia bank of the year, UOB, leading the way ...