SINGAPORE, May 10 (Reuters) - Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% rise in net profit in the first quarter from a year earlier, driven by stronger operating profit. (Reporting by Yantoultra Ngui; Editing by Jamie Freed)
These four companies could be on the cusp of paying out more dividends. The post 4 Singapore Stocks Poised to Pay Out Higher Dividends appeared first on The Smart Investor.
SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it received a lot of attention from a substantial...
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
The group has proposed a final dividend of 0.56 cents per share.
Not just China, but other central banks, including Turkey and India, are loading up on gold amid a stronger US dollar.
Net interest margin (NIM) fell 2 bps q-o-q and 3 bps y-o-y to 2.27% during the quarter.
Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion ($1.04 billion) offer on Friday to buy the remaining stake in insurer Great Eastern Holdings and delist the company. OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56% stake in the insurer that it does not currently own.
The shares have drifted as investors look ahead to the chip maker’s earnings report on May 22. The bar is high for AI hardware suppliers.
HONG KONG (Reuters) -Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on Thursday, but China Bond Insurance Co would do so on its behalf if it missed paying within a grace period that ends next week. Such a move would be the first time the state-owned company has come to the rescue of an issuer under a Beijing-led programme launched in 2022 to bolster investor confidence, and analysts warned it could make future issuance harder. Country Garden, which defaulted on its $11 billion of offshore bonds and extended other onshore bond repayments late last year, said in a filing it was unable to pay onshore coupons due on Thursday, though it was still trying to raise funds.
Amazon's financial results are letting it both invest aggressively in its future while its business pumps out real profits.
Sam Bankman-Fried's failed company has come up with the $8 billion that clients lost when the crypto exchange went bankrupt.
Singapore's biggest bank DBS Group said on Wednesday that it has appointed Ping An Technology's chairman and CEO Eugene Huang as its chief information officer (CIO) effective Friday. Huang, who is joining from Ping An Group, has over 36 years of technology and banking experience and will report to DBS Group CEO Piyush Gupta in his new role, DBS said in a statement on Wednesday. "His immediate focus will be to build on the work the bank has done since last year to strengthen our technology resiliency," Gupta said in the statement.
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In this article, we will take a detailed look at Insider Buying Alert: CEOs Are Buying These 10 Stocks. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Insider Buying Alert: CEOs Are Buying These 5 Stocks. CEOs sitting at the helm of affairs with informational advantage are often tempted […]
OCBC has announced a $1.4 billion voluntary unconditional general offer for the 11.56% stake in GEH it does not currently own.
Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.
How much debt is too much? After three economic shocks in a row – the financial crisis, the pandemic and the energy price spike – the world economy is drowning in the stuff, with little sign of any life raft to the rescue.
Warren Buffett is known for his astute business practices and hardball negotiation tactics. His company, Berkshire Hathaway Inc., is one of the largest conglomerates and investment companies in the world. It has acquired dozens of companies over the years with over 75 wholly owned or controlled subsidiaries. It owns shares valued at billions of dollars in companies like Apple Inc., Amazon.com Inc., Mastercard Inc. and others. Buffett amassed his incredible portfolio and his company’s nearly $1 t
Howard Schultz has weighed in on Starbucks recent troubles, but there are no leadership changes in the works.
Despite the better bottom line, the company plans to maintain its interim dividend at 1.5 cents.
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