News

OCBC posts 12% YoY drop in Q3 net profit

Net interest income fell 11% YoY and 4% QoQ.

Japan Foods profit plummets 80%, halts expansion plans

The company has been significantly impacted by the pandemic.

UOB reveals virtual desktop for IT team

The UOB DevTop platform has been developed in partnership with VMware.

DBS posts 20% net profit drop in Q3

Lower net interest income triggered the fall.

Daily Markets Briefing: STI up 0.75%

Singtel led the gains amongst top active stocks with a 2.44% expansion.

MAS takes action against market abuse, financial misconduct

It has imposed a total of $15m in penalties on offenders.

Credit relief measures to aid SMEs impacted by legislation

Re-Align Framework helps businesses restructure their contracts.

SIA receives Envirotainer QEP accreditation

It acknowledges the airline's capability to handle temp-controlled shipments.

UOB net profits down 40% to $668m in Q3

The group’s $339m hit on profits year-on-year, but results registered an improvement from Q2.

Great Eastern posts 40% profit jump in Q3

Total weighted new sales also surged 36% in the same quarter.

Service sector under threat until March 2021

Several industries remain positive despite the latest foreboding survey results.

Taobao, Tmall launch 11.11 Global Shopping Festival

Free shipping, discounts, and more are available from 3 to 11 November.

Sembcorp sells water business in Panama

The divestment resulted in a net gain of about $21m.

Singaporeans worry over costs of disability care

Over two in three felt they might not be able to afford healthcare if they become severely disabled.

Chart of the Day: October buyback shares hit $22m

Total buyback shares have reached $746m for first 10 months of 2020.