Culture
UK regulator fines Barclays £40 million over disclosures related to Qatar dealings
BRITAIN’S financial regulator said on Monday (Nov 25) it had fined Barclays £40 million (S$68 million) in total for its failure to disclose certain arrangements with Qatari entities in...
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with...
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
THE Indonesian sister company of Mr DIY Group (M) Bhd will list shares in Jakarta through an initial public offering (IPO) that seeks to raise as much as 4.7...
Swatch wins Malaysia suit over pride watch raid: report
SWISS watchmaker Swatch Group has won its lawsuit against the Malaysian government over last year’s controversial seizure of its Pride-themed watches in the South-east Asian nation, according to a...
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy” call for two of the three...
Brokers’ take: Maybank initiates SingPost at ‘buy’ with S$0.74 target price
MAYBANK Securities has initiated coverage on Singapore Post (SingPost) with a “buy” call and a S$0.74 target price after applying a 15 per cent holding discount to its sum-of-the-parts...
China keeps policy loan rate unchanged for second month
CHINA’S central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus. The People’s Bank of...
Indonesia bourse mulls higher IPO proceeds criteria for listing
THE Indonesia Stock Exchange (IDX) is considering requiring minimum proceeds for initial public offerings (IPOs) as part of efforts to revamp listing rules.“We are proposing more than 10 per...
Stocks to watch: CDL, Paragon Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 25):City Developments Limited (CDL): The property giant and its joint venture associates posted...
Bitcoin’s rally stalls after nearing the historic US$100,000 level
BITCOIN retreated after a rally towards US$100,000 sputtered just shy of the historic level amid warnings that investor optimism stemming from President-elect Donald Trump’s support for crypto was getting...
China investors digest another letdown from big tech earnings
FROM Tencent Holdings to Alibaba Group Holding, China’s tech leaders delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty. Whether or not they can win back...
SingLand builds on sustainability efforts, sees ESG credentials as prerequisite to attracting tenants
Having a sustainable workplace will become a major criterion for companies looking to attract and retain talent, says CEOJONATHAN Eu, the chief executive officer of property developer Singapore Land...