Business

Top 10 Asia Pacific banks generally rise in market value this year, DBS Group and Mitsubishi UFE Ban

9 July 2025

According to a report released by S&P Global on Tuesday (July 8), investors expect economic activity to rebound due to falling interest rates and buy bank stocks, causing the market value of most Asia-Pacific banks to rise. The market value of C...

Info-Tech s IPO shares receive 7.3 times subscription rate

4 July 2025

The initial public offering of software company Info-Tech Systems (IPO) received an subscription rate of approximately 7.3 times, excluding over-ration. The new stock will be traded on the first day of listing on the SGX main board on Friday (July 4...

Savings bond demand continues to fall below supply, 10-year average interest rate drops to 2.49%

28 June 2025

As interest rates fall, demand for Singapore savings bonds (SSBs) (total subscription amount) has almost halved for three months and has been below supply (maximum supply amount) for four consecutive months. According to the subscription results rel...

Ministry of Finance plans to amend the Income Tax Act to seek public opinion

20 June 2025

In addition, the remaining six proposed amendments to the MNE minimum tax act are on the global anti-tax base erosion rules and other revisions. The statement said that the Ministry of Finance regularly reviews my country's income tax system to...

People familiar with the matter: Ant International will apply for a stablecoin issuance license in b

13 June 2025

Stablecoins are digital assets designed to maintain stable value, often pegged to another currency. They are crucial to the operation of the cryptocurrency market, with the total amount of stablecoins in circulation in May at about $243 billion. Ant...

OCBC Bank proposes a conditional proposal of RMB 900 million to support Dadongfang to complete priva

7 June 2025

Under this plan, Dadongfang will issue up to 473.319,069 bonus shares to all shareholders in a stock exchange manner, and shareholders can choose to receive ordinary bonus shares or Class C shares without voting rights. OCBC will choose to collect C...

Fuji Printed Aluminum Stock Price Soars 67% Stimulated by News

31 May 2025

Fuji Printed Aluminum Edition stocks will be suspended on Tuesday (27th) and will resume trading on Friday. Lin Yaqing was praised for leading oil and gas contractor Jingli Holdings out of bankruptcy. He has agreed to subscribe to the new shares of...

Baode Singapore s profit surges, stock price rises to four-year high

28 May 2025

Baod Singapore released its second half of fiscal year 2025 results on Monday (26th). Although revenue fell 42% due to the decline in revenue in the two sectors, net profit still rose 58% to RMB 59.07 million, earnings per share was 12.02 cents and...

DBS President Chen Shushan was selected as one of the top ten most influential business women in the

22 May 2025

The top ten in Fortune magazine's top 100 list include Mary Barra, General Motors Chairman and President, Jane Fraser, Citigroup CEO, third, Su Zifeng, CEO of Supermicro (4th), and Meng Wanzhou, Vice Chairman and Chief Financial Officer of Huawe...