The bank's earnings beat the $1.74 billion forecast by analysts in a Refinitiv poll. Read more at straitstimes.com.
Olam Agri’s Singapore-Saudi $1.3 billion dual listing may launch as early as June: Sources
The dual IPO in Singapore and Saudi Arabia would make Olam Agri the first company to list in both countries. Read more at straitstimes.com.
Nexus Select Trust REIT IPO:Issue subscribed 28% on Day 1; Non Institutional Investors steal the show; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Billions of Android owners warned of devastating bank-draining mistake after woman ‘loses $20,000 while she slept’
A WOMAN in Singapore has reportedly been swindled out of $20,000 after using a QR code that had been set up by cyber criminals. The woman, in her 60s, scanned a QR code she saw on a sticker in a ...
Singapore taps HSBC, Citi for rigid money laundering controls
Foreign and local banks in Singapore will be required to share information with one another on a digital platform that will make it easier to raise red flags on potential money laundering acts, as the ...
KKR, Macquarie Eyeing Singapore’s Waste Management Firm SembWaste – Sources
Sembcorp, which is 49.3% owned by Singapore's state investor Temasek Holdings, has hired HSBC to run the sale of SembWaste, according to the sources. HSBC declined to comment. First-round of ...
Best Fixed Deposit Rates in Singapore 2023—DBS, UOB, HSBC, and More
Here are the best fixed deposit rates in Singapore 2023 for a 3-month commitment period ... ICBC (3.65% p.a.—$500 for 3 months) Citibank (4.00% p.a.—$250,000 for 3 months) HSBC (3.75% p.a.—$30,000 for ...
1 in 5 of OCBC’s home, renovation, and car loans now green
The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023. Singapore has long set its sights on making the crown the world’s greenest city; and its ...
Olam Agri’s Singapore-Saudi $1 billion dual listing may launch as early as June – sources
Agri-food giant Olam Group aims to launch in June the dual initial public offering (IPO) of its agricultural unit that could raise up to $1 billion in Singapore and Saudi Arabia, two sources with ...
Condom Maker Surges 23% in Mumbai Debut After a $529 Million IPO
Mankind Pharma Ltd. rallied 32% on its first day of trading in Mumbai after raising 43.3 billion rupees ($529 million) in one of India’s largest initial public offerings of the year.
MAS details information-sharing platform among banks to combat financial crime
A bill proposing amendments to the Financial Services and Markets Act was read for a second time in Parliament on May 9.
Best Fixed Deposit Rates in Singapore 2023—DBS, UOB, HSBC & More
Here are the best fixed deposit rates in Singapore 2023 for a 3-month commitment period. Minimum deposits start as low as just $500 for an interest rate of 3.65% p.a.! ICBC (3.65% p.a.—$500 for 3 ...
MAS to build new information-sharing platform for banks in Singapore to combat financial crimes
Parliament passed a Bill paving the way for the launch of a digital platform for financial institutions in Singapore to share information on suspicious customers or transactions.
Singapore to allow banks share client data to fight crime
Singapore banks will be able to share information on potentially risky clients next year, a move aimed at curbing illicit flows amid the city-state’s rise as a key financial and wealth hub.
Singapore’s DBS considers plans to expand presence in Dubai
Singapore’s DBS Bank, one of the biggest lenders in Asia, plans to boost its presence in Dubai and use the emirate as a hub to better access other markets and source business in the broader Middle ...
Blackstone’s Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.