Business
OKP shares soar as much as 7.5% on proposed bonus share issue
Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent on news of its proposed bonus issue of up to 231.3…
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Business
Business
OKP shares close 6.6% higher on proposed bonus share issue
Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus…
Business
Gold hits two-week peak on increased Fed rate-cut bets
GOLD prices rose to a two-week high in early Asian trade on Friday, as bets increased for a US interest rate cut next month amid…
Business
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7…
Business
Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC: Its mobile banking…
Business
Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia, Banyan Tree
The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC: Its mobile banking…
Business
Frasers Property to redeem S$300 million worth of 4.38% perpetuals on Jan 17
Frasers Property on Friday (Nov 28) announced that it will redeem S$300 million worth of perpetual securities on Jan 17, 2026. The…
Business
Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality South-east Asia’s digitalisation represents an…
Business
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese…
Business
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate…
Business
Lazard Frères to Lead Sales Process for SMCP
PARIS – Three key shareholders of French fashion group SMCP have hired investment bank Lazard Frères to sell up to 51.2 percent of its…
Business
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres Top Chinese…
Business
OCBC customers unable to log into mobile banking app
OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Business
OCBC’s Internet and mobile banking services fully restored after two-hour outage
OCBC customers experienced difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Business
Thai prices hit near 4-month high; India prices ease on weak demand, soft rupee
Thailand’s 5% broken rice was quoted at US$370 per metric tonne, its highest since July 31 Thailand’s rice prices jumped to a near…
Business
JPMorgan upgrades China’s stocks on multiple positive drivers
These include policy support, easy liquidity, governance reforms and net-positive prospects for AI-heavy stocks [SINGAPORE/ HONG KONG]…
Business
China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
HONGKONG-FIRE/INSURANCE (UPDATE 2):UPDATE 2-Taiping Insurance shares hit by over $200 million exposure to Hong Kong fire Shares of China…
Business
Vietnam's Electronics Sector Sets Export Record Amid Global Challenges
Vietnam's electronics sector has set a new export record this year despite increased tariffs and trade barriers in important markets.…
Business
Singapore stocks track regional gains on Thursday; STI up 0.2%
Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands. Singapore…
Business
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
JPMorgan said on Thursday (Nov 27) that it would build a three million square feet tower in the Canary Wharf financial district in East…
Business
Do Kwon says five years in prison enough for Terra crypto fraud
Terraform Labs co-founder Do Kwon says he should get no more than five years in prison in the US for his role in a fraud tied to the US$40…
Business
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years…
Business
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee is currently Asia’s…
Business
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the…