UOB has priced S$600 million of perpetual capital securities at a fixed coupon rate of 2.55 per cent per annum, the lowest for benchmark perpetual securities for banks in Singapore, said the bank in its announcement on Wednesday morning.
SEOUL: Krafton Inc, the South Korean company behind blockbuster video game PlayerUnknown's Battlegrounds, said on Wednesday its planned IPO is expected to raise at least 4.6 trillion won (US$4.12 billion) at the low end of an indicative price range. (US$1 = 1,117.1400 won) (Reporting by Joyce ...
TOKYO: Japan's core machinery orders rose 0.6per cent in April from the previous month, government data showed on Wednesday. The reading compared with a 2.7per cent rise seen in a Reuters poll of economists, the Cabinet Office data showed. Compared with a year earlier, core orders, a highly ......
Japan's exports rose 49.6per cent in May from a year earlier, Ministry of Finance data showed on Wednesday.
A highly touted bill to boost the United States' ability to compete with Chinese technology could take weeks to get through Congress, as U.S. House of Representatives lawmakers planned to write their own legislation, which must then be combined with what was approved by the Senate this month.
The eccentric billionaire can move markets in a tweet – but given his corporate profile, who should step in and control his tweets? Ben Charoenwong from NUS Business School weighs in.
SINGAPORE: As Singapore begins to vaccinate younger age groups against COVID-19, some companies have introduced measures to encourage employees to get their jabs and to support those who may suffer side effects. The registration exercise for Singaporeans aged 12 to 39 began on Jun 11. This is a ...
A FORMER regulator-turned-consultant said that financial institutions should better define "proper conduct", by weeding out toxic sub-cultures and drawing clear paths for staff to call out wrongdoing.
Oracle beat Wall Street estimates for fourth-quarter revenue and profit on Tuesday (Jun 15), steered by demand for its cloud services as people continued to work remotely.
ISTANBUL: Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, is in discussions to raise US$2 billion from investors, two sources with direct knowledge of the matter told Reuters. Trendyol, one of Turkey's best known e-commerce platforms, has drawn backing from foreign ...
