Culture
Dividends preferred over share buybacks for shareholder returns: OCBC CEO Helen Wong
The bank aims to keep its excess capital as dry powder to support franchise flows and potential inorganic growth opportunities that may pop upOCBC prefers to give dividends over...
Share buybacks, more dividends among options to deploy capital: UOB chief Wee Ee Cheong
The bank is open to investing it in growth, or returning it to shareholders through share buybacks or more dividends, he saysUOB is actively looking to manage its capital,...
JTC in S$46.2 million buyback of Mercedes-Benz’ logistics property in Tuas
The luxe carmaker’s offer to give up the balance lease on site is seen as the result of its opening of a parts logistics centre in JohorMERCEDES-BENZ Singapore is...
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales...
BlackRock in talks to buy minority stake in Millennium: sources
BLACKROCK is in early-stage talks with Millennium Management about a strategic tie-up that could involve acquiring a minority stake in the hedge fund, two sources familiar with the matter...
Ringgit’s strength versus dollar faces test as US tariff risks loom
MALAYSIA’S ringgit, the only emerging Asian currency to strengthen against the US dollar this year, may see its performance ebb on risks from Donald Trump’s election win.A rally in...
Sea needs more than good earnings to sustain 175% comeback rally
AFTER a peer-beating 175 per cent stock rally from its January low, South-east Asia’s top online shopping company Sea faces a high bar to impress investors with its upcoming...
Attika closes debut trading day at S$0.235, 6.8% above IPO price
This reflects its market capitalisation of S$28.6 million, a tad lower than the estimated S$29.9 million based on the issue priceSHARES of Attika Group closed at its peak of...
Sasseur Reit Q3 rental income falls 2% to 158.6 million yuan
SASSEUR Real Estate Investment Trust’s (Sasseur Reit) rental income under its entrusted management agreement model for its third quarter ended September was down 2 per cent at 158.6 million...
SGX securities turnover value rises 36% in October; volume up 17%
THE total securities market turnover value on the Singapore Exchange (SGX) increased 36 per cent year on year (yoy) to S$26.92 billion in October, said the bourse’s monthly market...
Singtel-owned Optus fined A$12 million by Australian regulator over emergency services outage
Australian telecom watchdog has fined Optus A$12 million (S$10.6 million) for failing to provide emergency call services to thousands during a nationwide outage last year, the regulator said early on Friday.The...
