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DBS CEO Piyush Gupta sells S$12.6 million worth of shares as DBS hits all-time high
DBS’ shares have shot past the S$40 mark in a rally; other major banks’ shares have also rallied amid bright Q3 earnings results OUTGOING DBS chief executive officer Piyush...
Singapore stocks rise despite tepid regional sentiment; STI up 0.4%
Across the broader market, losers beat gainers 354 to 229 with 1.9 billion securities worth S$1.5 billion changing handsSINGAPORE stocks ended in the black on Monday (Nov 11) even...
Australia’s HMC Capital to list data centre trust worth A$4 billion
AUSTRALIA’S HMC Capital will press ahead with the initial public offering of its data centres business that would be worth A$4 billion (S$3.5 billion), according to its regulatory filings...
SoftBank expected to book 287 billion yen profit on IPOs
JAPANESE technology investor SoftBank Group is expected to report a 287 billion yen (S$2.5 billion) quarterly profit on Tuesday (Nov 12), boosted by successful portfolio company listings and a...
Government to study engaging telcos other than Singtel to provide emergency hotline services
THE government will consider engaging telcos’ services in addition to those of Singtel, which is the current service provider for emergency hotlines such as the Singapore Civil Defence Force’s...
Singapore proposes anti-scam law to let police order restrictions on bank transfers
SINGAPORE’S police will be able to issue restriction orders limiting banking transactions by individuals who are at risk of falling victim to scams, if a new Bill is passed....
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
THE Asian Development Bank (ADB) will increase its climate-related lending by up to US$7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans,...
Stocks to watch: Singapore Airlines, Sembcorp Industries, Seatrium, Venture Corp
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 11): Singapore Airlines (SIA): The national carrier on Friday posted a 59 per...
Seatrium’s nine-month net order book swells to S$24.4 billion
Year to date, the company has delivered three projects and completed 192 repair and upgrade projectsSEATRIUM’S net order book for the nine months ended September rose to S$24.4 billion,...
Gold subdued as investors await US data, comments from Fed officials