Leadership
OCBC garners over 90% of Great Eastern’s shares; trading in insurer to suspend at close of offer
As the number of the insurer’s shares held by the public is now below 10%, the counter will be suspended from trading after the offer closes on Jul 12OCBC...
Foxconn to invest US$383 million in Vietnam circuit board plant: state media
FOXCONN Singapore has been awarded a licence to invest US$383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday (Jun 24).
The plant...
Fast-fashion retailer Shein filed for London listing in early June: sources
SHEIN confidentially filed papers with Britain’s markets regulator in early June for a potential London listing, two sources said, as the online fast-fashion retailer moves ahead with what could...
Foreign banks target Switzerland after UBS takeover of Credit Suisse
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies’ desire to spread their business.
France’s...
SingPost settles legal disputes with shares seller
The settlement is not expected to have a material impact on the company’s net tangible assets or earnings per share for the current financial yearSingapore Post (SingPost) has settled...
Bitcoin extends drop after one of crypto’s worst weeks of 2024
The cracks in crypto come amid doubts about the Federal Reserve’s scope to cut interest rates quickly from a two-decade highLosses are piling up in the crypto market after...
Indonesia central bank governor sees no need for further rate hike
He said this even after the rupiah fell to its weakest since 2020 against the dollar last weekBank Indonesia’s governor Perry Warjiyo on Monday (Jun 24) said he saw...
LG Energy Solution aims to raise up to US$2 billion in US dollar bond deal: sources
SOUTH Korean battery maker LG Energy Solution aims to raise up to US$2 billion in a three-tranche US dollar bond deal, said two sources with direct knowledge of the...
