The Nikkei 225 in Tokyo lost 0.1 per cent, Malaysian shares slid 0.9 per cent, Hong Kong’s Hang Seng lost 1.5 per cent while the ASX 200 in Sydney closed flat. The Kospi in Seoul bucked the trend with ...
Retail investor allotment for Singapore Treasury Bills (T-bills) increased to 46% in 2024: DPM Lawrence Wong
Also read: Customers of Singapore's DBS/POSB, UOB and OCBC banks can now 'lock up' money that can't be withdrawn online He further added that in the past two years, yields on T-bills have increased ...
Adani Group holds Singapore meet for first dollar bond
For the first time since the Hindenburg crisis, the Adani Group met with investors in Singapore, marketing an overseas bond to bolster investor confidence around its businesses before fresh bond sales ...
Committee of Supply 2024 debate, Day 1: Lim Wee Kiak on decarbonisation and green finance
As a small island state, Singapore is highly vulnerable to the effects of climate change. How is Singapore keeping pace with emerging decarbonisation pathways? How can Singapore further engage the ...
Ko Jin-young looks to go three in a row at HSBC Women’s World Championship
Ko, 28, won back-to-back titles in 2022 and 2023 to become the second golfer in tournament history to win the event twice after Korean golf legend and LPGA Hall of Famer Park In-bee. The ...
Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say
SINGAPORE - Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier ...
UPDATE 2-Olam Group’s Singapore-Saudi dual IPO plan for agricultural unit delayed again
Saudi IPO to not happen in H1 2024*Annual operational PATMI dips 41%*Declares final dividend 4 Singapore cents per share(Adds background in paragraphs 2-3, details in paragraphs 5 and 8)Feb 28 ...
Singapore shares dip on Wednesday morning—STI fell by 0.3%
SINGAPORE: Singapore shares dipped on Wednesday morning ... Banking stocks exhibited a mixed trend in the early morning session. DBS experienced a slight decline of 0.2%, dropping S$0.05 to S$33.45.
Singapore Property Giants Hit by High Rates, Global Downturn
Singapore property giants City Developments Ltd. and CapitaLand Investment Ltd. reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global ...
Olam H2 profit up 15.4% to $230.8 million, IPO for agriculture unit delayed again
SINGAPORE - Olam Group said its initial public offering (IPO) for its agriculture unit will no longer take place in the first half of 2024, as it announced its half-year results on Feb 28. It also ...
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 ...
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 ...
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 ...
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 ...
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 ...
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.