News

HSBC to put Singapore trader Zenrock under judicial management

Last month, the trader assured that it was not under financial stress.

One-stop HR platform StaffAny streamlines admin tasks

The platform reduces work dedicated to scheduling and time tracking.

RWDC Industries nabs $188.42m in series B funding round

The company will use the funding to meet growing demand for PHA.

Great Eastern's net profit crashed 90% to $33.9m in Q1

Total weighted sales rose due to growth momentum in Singapore and Malaysia.

UOB's net profit down 19% to $855m in Q1

Total impairment charges skyrocketed 96% to $286m.

OUE C-REIT's NPI up 42.5% to $62.08m in Q1

Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.

Daily Markets Briefing: STI up 0.34%

DBS led the gains amongst top active stocks with a 0.66% expansion.

Chart of the Day: Occupancy of homes in OCR rose to 95.9% in Q1

It posted the highest occupancy rate amongst regions.

Logistics company Ninja Van bags $394.73m in series D round

B Capital Group, Monk's Hill Ventures and Grab participated in the round.

UOB extends $4b in loans to mid-sized enterprises

The bank also tapped MAS SGD Facility to help clients access funds at lower interest rates.

Olam breaks off $156m deal on US onion and garlic facility

Mesirow has been unable to secure the required debt and equity financing.

Insurance regulators extend COVID-19 coverage to CCF, CRF patients

Patients may claim hospital cash benefits for a maximum of 14 days.

Sasseur REIT's first-day spring sales skyrocketed 411% from reopening

Chongqing nabbed the largest share of the first-day spring sales at $5.16m.

Keppel appoints Evercore Asia as financial adviser

This is despite the pre-conditions not being met as of now.