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WITH bond markets seizing up or showing extreme volatility, private placement investors have stepped up and helped address cash crunch concerns.

OCBC BANK, which had originally scheduled to hold its annual general meeting (AGM) on April 30, will now host a virtual one instead at 2 pm on May 18 in line with the tighter social distancing measures in place during the Covid-19 pandemic.

CIMB Singapore has raised the ire of customers with its move to raise the floor of certain mortgages pegged to the one-month Singapore interbank offered rate (Sibor) - with that floor rate now higher than the prevailing market rate.

PSA Treasury, a wholly-owned subsidiary of Singapore’s port and terminal operator PSA International, will issue below par, at 99.822 per cent, US$650 million worth of guaranteed notes maturing in 2030.

ALTHOUGH the Singapore Exchange (SGX) has made quarterly reporting (QR) voluntary, most companies in the Straits Times Index (STI) have decided to continue with it, which will give investors an opportunity to better assess how much damage the Covid-19 pandemic has inflicted on firms and their business...

MORE seniors have turned to online banking amid tighter curbs to stamp out Covid-19 in Singapore, but the challenge is in maintaining this shift for the long run, said OCBC's head of e-business Pranav Seth.

A RECORD high of 96 non-financial companies have entered the "crossover zone" - the credit ratings closest to the line between speculative grade and investment grade - by the end of the first quarter of this year.

A RECORD high of 96 non-financial companies have entered the "crossover zone" - the credit ratings closest to the line between speculative grade and investment grade - by the end of the first quarter this year.

THE Singapore FinTech Association (SFA) and Razer Fintech have agreed to provide fintech companies in Singapore bridge financing, equity or equity-linked instruments ranging from US$100,000 to US$1.5 million, they said in a joint release on Thursday.

WEALTH management fintech firm iFAST on Thursday posted a 126.8 per cent rise in net profit to S$3.6 million for its first quarter ended March 31, 2020, from S$1.6 million a year ago.