Business
Laopu Gold, CMOC shares jump on addition to Hang Seng index
The reshuffle is closely watched as a sign of which listed companies have excelled across key metric Shares of Chinese jeweller Laopu Gold…
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Business
Jumbo Group to acquire leasehold interest in Tai Seng Street property from Boustead Industrial Fund
Jumbo Group is proposing to acquire a leasehold interest in a 26 Tai Seng Street property owned by Boustead Industrial Fund (BIF), a…
Business
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Shareholders of Hang Seng Bank on Thursday (Jan 8) voted for a plan floated by its majority owner HSBC to take the bank private, in a…
Business
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang…
Business
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng falls more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout as markets tumbled earlier this week on fears of an artificial…
Business
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an…
Business
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after…
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UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
UBS has appointed corporate heavyweight Kwa Chong Seng as chairman for Singapore and South-east Asia, beginning from Dec 1. In this newly…
News
Property Magnate Ong Beng Seng Retains PR Status in Singapore, Gets Warning From ICA
The Immigration and Checkpoints Authority (ICA) announced on Monday, November 10, that billionaire Ong Beng Seng's status as a permanent…
Business
Hang Seng plummets 2%, STI off by 1% as Asia markets tumble on US-China tensions flare
Asia-Pacific markets were down as trading opened on Monday (Oct 13) following the latest salvo in the trade war between the US and China.…
Business
Hang Seng plummets 2%, STI drops 1% in Asia market rout on fresh US-China tariff flare-up
Trump tariff moves following China rare-earths export controls ripple through markets Selling hit Asia-Pacific markets on Monday (Oct 13)…
Business
Hang Seng plummets 3.1%, STI drops 1.1% in Asia market rout on fresh US-China tariff flare-up
Trump tariff moves following China rare-earths export controls ripple through markets Selling hit Asia-Pacific markets on Monday (Oct 13)…
Business
Hang Seng plummets 3.1%, STI drops 1.2% in Asia market rout on fresh US-China tariff flare-up
Trump’s tariff moves following China’s rare-earths export controls ripple through markets Selling hit Asia-Pacific markets on Monday (Oct…
Business
Hang Seng plummets 1.7%, STI drops 0.9% in Asia market rout on fresh US-China tariff flare-up
Trump’s tariff moves following China’s rare-earths export controls ripple through markets Selling hit Asia-Pacific markets on Monday (Oct…
Business
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is…
Business
HSBC plans to privatise Hang Seng at US$37 billion valuation
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating…
Business
Wilmar chair Kuok Khoon Hong and Centurion joint chair Han Seng Juan up stakes
Over the five trading sessions from Sep 26 to Oct 2, institutions were net buyers of Singapore stocks with net institutional inflow of…
Business
Stocks to watch: SingTel, SGX, Del Monte Pacific, Tat Seng Packaging
The following companies saw new developments that may affect trading of their securities on Monday (Sep 22): SingTel: The…
Business
Further upside expected for Hang Seng Tech Index
THE Hang Seng Tech Index, which tracks Hong Kong’s 30 largest listed technology companies, has continued its bullish momentum since a…
Business
HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm, succeeding Luanne Lim…
News
Hiap Seng Engineering employee killed in workshop accident
The group will take necessary measures to prevent the recurrence of such an incident An employee died in an accident at the workshop of…
Business
Singapore-headquartered Mirxes to join Alibaba, Tencent on Hang Seng Composite Index
Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng…
Business
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is…
Business
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 8) but pared losses as property magnate Ong Beng Seng pled…