News
OKP shares soar as much as 7.5% on proposed bonus share issue
[SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent on news of its proposed bonus issue of up to 231.3 million shares.The...
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
[SINGAPORE] Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7 million in the year-ago...
Britain tries to fix its frayed relations with world’s rich
TECH billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK because of higher taxes. Now, Britain’s finance...
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese units in an open letter on Thursday...
OCBC customers unable to log into mobile banking app
[SINGAPORE] OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site Downdetector, more than 1,400 reports had been made from around...
OCBC’s Internet and mobile banking services fully restored after two-hour outage
[SINGAPORE] OCBC customers experienced difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site Downdetector, more than 1,400 reports had been made from around 8.20...
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey[FRANKFURT] Chinese automotive suppliers are inundating Germany with low-cost components, piling pressure on local manufacturers that...
TotalEnergies ceases Singapore EV charging operations; charge-point network to be transferred to LTA
[SINGAPORE] TotalEnergies Charging Services Singapore, the charging point operator behind BlueSG, said on Thursday (Nov 27) that it “has signed a termination agreement to transfer its charge-point network” to...
Singapore stocks track regional gains on Thursday; STI up 0.2%
Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands.[SINGAPORE] Singapore stocks ended higher on Thursday (Nov 27), tracking gains...
Japan to boost shorter debt to fund stimulus plan; Fitch warns on rating
The focus on short-term debt likely reflects government concern over recent rises in super-long yields[TOKYO] Japan will likely increase issuance of short- and medium-term bonds to fund a massive...
