Real Estate
Seatrium’s director Lai Chung Han to resign
ONE of offshore and marine (O&M) giant Seatrium’s directors, Lai Chung Han, will resign on Jun 30, 2024.In a bourse filing on Monday (Jun 10), Seatrium said Lai, 51,...
Euro tumbles after Macron calls snap French election
THE euro fell sharply on Monday (Jun 10), hit by political uncertainty after gains by the far right in voting for the European Parliament on Sunday prompted a bruised...
Nokia CEO makes world’s first ‘immersive’ phone call
NOKIA CEO Pekka Lundmark made a phone call using a new technology called “immersive audio and video” that improves the quality of a call with three-dimensional sound, making interactions...
French bank stocks drop after snap election called
FRENCH stocks fell on Monday (Jun 10) after President Emmanuel Macron dissolved the country’s lower house of parliament and called new legislative elections following a drubbing for his group...
Commonwealth Bank of Australia may exit Vietnamese bank after foreign investor cap vote
VIETNAM International Joint Stock Bank (VIB) shareholders will vote on Tuesday (Jun 11) to lower the cap on foreigners’ holdings, a move which sources said may lead to the...
New option by Case and Law Society to resolve consumer-business disputes from Oct 1
CONSUMERS involved in disputes with businesses will soon have another avenue to resolve them. From Oct 1, those who are unable to reach a settlement through the Consumers Association of...
Brokers’ take: Phillip Capital initiates ‘buy’ on Oiltek with S$0.70 target price
PHILLIP Capital initiated coverage on Oiltek International with a “buy” call on the company’s growing book orders and its belief that the company is currently riding multiple capital expenditure...
Standard Chartered sets up first global fund management entity in Singapore
STANDARD Chartered has incorporated its first variable capital company (VCC) in Singapore, the banking group announced on Monday (Jun 10).Its new global fund management entity, Standard Chartered Funds VCC...
