Market

Latest

Stocks to watch: MCT, First Resources, Raffles Medical, UE, Bumitama, Vicom, KSH

12 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Tuesday: Mapletree Commercial Trust (MCT): MCT has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night. Some 205.6 million new units will ...
sgx:5ab sgx:u04 sgx:eb5 sgx:v01 sgx:bsl sgx:u05 klse:5182 usx:hcsg sgx:er0 sgx:f03 lse:mct sgx:axb sgx:omk sgx:5tp sgx:no4 sgx:p8z sgx:n2iu sgx:s68

Tencent should be split up

12 Nov 2019 - The Business Times
[TAIPEI] China's most ubiquitous company is hiding one of its most valuable assets. That needs to change. Tencent Holdings Ltd, best known for the WeChat messenger that almost everyone in the country uses, has a growing fintech business. But it's getting overshadowed by the games and social media divisions. ...
usx:sne hkex:5 usx:hsbc usx:sq usx:baba hkex:700 usx:v usx:ebay usx:ma usx:pypl sgx:pu6d lse:0r9u usx:hseb usx:hsea

Dennis Tan quits as OCBC's head of consumer financial services, Sunny Quek taking over

11 Nov 2019 - The Business Times
DENNIS Tan who oversees OCBC Bank's consumer financial services Singapore is leaving the bank. Mr Tan had joined OCBC, the second largest banking group in South-east Asia, 10 years ago as head of branch and group premier banking. He was appointed its consumer financial services Singapore in November ...
sgx:40u sgx:d05 usx:goog sgx:o39 usx:googl

Stocks to watch: DBS, Jardine C&C, EHT, Venture, ST Engineering, CapitaLand, UIC, Metro

11 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: DBS: South-east Asia’s largest bank's net profit for its third quarter climbed 15 per cent, boosted by loan growth, record fee income and higher trading gains, it said on Monday. Net profit for the three ...
sgx:5jk sgx:v03 usx:hos klse:2925 sgx:liw sgx:u06 sgx:c31 hkex:3008 hkex:3107 sgx:d05 hkex:3132 sgx:s7ou sgx:c07 hkex:939 sgx:m01 sgx:s63

Artificial intelligence to power up UOB's mobile banking app

11 Nov 2019 - The Business Times
Singapore EVER missed your regular Netflix or Spotify payment when it was due? A new mobile banking app feature by the United Overseas Bank (UOB) can now tell you if payment for your usual subscription-based service is coming up. It can even alert you if subscription fees have increased... To continue ...
lse:fees sgx:t39 sgx:u11 usx:nflx

Which e-wallet app is the most used in Singapore?

8 Nov 2019 - Singapore Business Review
GrabPay topped the list of most number of active users and most downloads in a month. GrabPay remains the top e-wallet app in Singapore for the eighth quarter running, according to a study by online shopping aggregator firm iPrice and analytics platform App Annie. iPrice and App Annie used app metrics ...
sgx:d05 sgx:z74 usx:goog usx:googl

All-in-one Singapore payment platform launched by fintech startup Rapyd

8 Nov 2019 - The Business Times
MAJOR payment methods in Singapore are now accessible via an all-in-one platform created by Rapyd. The London-based fintech-as-a-service startup on Friday announced its partnership with key players in the city-state’s payments ecosystem to enable businesses and consumers to go cashless more easily. It ...
sgx:d05 usx:v sgx:j7x hkex:1337 sgx:o39

OCBC, DBS vying for Indonesia's Bank Permata

8 Nov 2019 - Singapore Business Review
Bank Permata’s owners are seeking a valuation 1.6x of its book value. Reuters reports that OCBC Group Holdings, DBS Holdings, and Japanese banking giant Sumitomo Mitsui Financial Group are vying to buy Indonesia’s PT Bank Permata, according to sources familiar with the matter. They said Bank Permata’s ...
sgx:d05 hkex:252 hkex:2888 usx:smfg sgx:o39

ARA US Hospitality Trust Announces Acquisition of a Portfolio of Three Premium Marriott-Branded Upscale Select-Service Hotels in the United States

6 Nov 2019 - ACN Newswire
ARA US Hospitality Trust ("ARA H-Trust") is pleased to announce that it has today entered into a conditional purchase and sales agreement to acquire a portfolio of three Marriott-branded upscale select-service hotels in the United States for US$84.5 million. The three freehold properties are located ...
lse:feet lse:0q16 sgx:d1r hkex:87001 sgx:d05 lse:gsk lse:pgit sgx:t82u sgx:xzl sgx:f25u lse:ibm sgx:k2lu usx:six sgx:o39 sgx:s68

Is Singapore Exchange Limited Overpriced?

31 Oct 2019 - The Motley Fool Singapore
Singapore Exchange Limited (SGX: S68), or SGX, has seen its share price soar to a new 5-year high of S$8.85 last Friday. SGX is Singapore’s sole stock exchange and provides a platform for the buying and selling of securities such as equities, derivatives, options, fixed income, and currencies. The bourse ...
hkex:388 usx:ndaq sgx:axh sgx:s68