LEADER Environmental Technologies (LET) has called for a trading halt less than an hour after being queried by the Singapore Exchange (SGX) on Wednesday for "unusual price movements", following a 29.5 per cent surge in its share price.
SINGAPORE'S multi-currency mobile wallet YouTrip has inked a six-year partnership with Visa to accelerate its expansion into the rest of South-east Asia - with an eye on Malaysia and the Philippines as potential markets in the next six to 12 months.
The proceeds are rolling in from CK Hutchison's US$11.8 billion November sale of its European mobile masts business to Cellnex. The ports-to-pharmacies group is finding dealmaking options limited by geopolitical tensions, and its shares have underperformed local benchmarks for five years. Showing long-suffering shareholders some love via...
GREAT Eastern Holdings on Wednesday said that Great Eastern Life Assurance Company will be redeeming early all S$400 million of 4.6 per cent subordinated notes due 2026 but callable in 2021.
FINANCIAL services firm GoBear on Tuesday announced that it will close the business after six years due to its inability to raise more funds to continue operations amid the global pandemic.
IT'S safe to say that 2020 was an awful year for the Singapore banks. However, as we transit to a post-vaccine world, the long-awaited comeback of these cyclicals may finally be here. Despite the run-up in share prices over the past two months, we still find Singapore's banking...
THE issuing limits for government securities and treasury bills have been raised to meet Central Provident Fund (CPF) needs and cater to growing investor demand, with Parliament voting to authorise this on Tuesday.
FINANCIAL services firm GoBear on Tuesday announced that it will close the business due to its inability to "raise more funds to continue operations" amid the global pandemic.
The future of Ant Group remains up in the air after its dramatic fall from grace. Regulators seem to have stopped short of dismantling it and the company is considering a transition to a financial holding company, willing to be regulated like a bank. It'll be tough....
CGS-CIMB has reiterated its "overweight" call on Singapore's banking sector in anticipation of a pickup in business activity and credit growth in 2021.