Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) reported on Wednesday its best-ever quarterly profit and upgraded its net interest margin guidance for the full year on the back ...
Singapore bank OCBC’s Q1 net profit jumps 39% to record $1.42 billion
Singapore's second biggest lender Oversea-Chinese Banking Corp (OCBC) on Wednesday reported a 39% jump in its first-quarter net profit from a year earlier on the back of strong net interest income ...
Singapore bank OCBC posts record Q1 profit, beat expectations
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) reported on Wednesday a better-than-expected 39% jump in first-quarter profit from a year earlier on the back of strong net ...
OCBC Q1 profit jumps 39% to record $1.88 billion; CEO cautious on tighter financial conditions
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.