News

OCBC mulls issuing US$1b covered bonds

The bonds will be issued in the summer.

Undesirable lending practices uncovered at some local banks: MAS

Credit underwriting standards need to be improved.

Sembcorp launches $4.23b power complex in India

It houses two 1,320-megawatt coal-fired plants.

HPL’s net profit dips 34.4% to $81.7m in FY15

Due to low property development revenue.

Bank lending drops in January on back of weak business loan demand

Lending to most business sectors dropped in January.

Olam crashes into the red with $221.3m FY15 net loss

It was slammed by a massive one-off charge.

ThaiBev’s FY15 earnings surge 22% to $1.05b

Thanks to a boost from its Myanmar Brewery disposal.

Daily Markets Briefing: STI up 1.7%

Don't expect strong gains today.

Can First Resources survive the 2016 El Niño?

Management guided for weak FFB output.