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United Overseas Bank prices its US$650 mln perpetual securities

United Overseas Bank on Thursday said it would price its US$650 million of 3.875 percent perpetual capital securities at an initial spread of 179.4 basis points above the five-year U.S. dollar swap rate.

Oct 12, 2017

By Aastha Agnihotri

5 things to know about Singapore Press Holdings results

Shares in Singapore Press Holdings rose as much as 2.2 percent to S$2.75 in Thursday morning trading.

Oct 12, 2017

By Aastha Agnihotri

Singapore Press Holdings full-year profit rises, accelerates job cuts

Singapore Press Holdings (SPH) on Wednesday reported a 32 percent rise in full-year net profit, helped in part by divestment and fair value gains.

Oct 11, 2017

By Aastha Agnihotri

Singtel joins forces with Ericsson to spearhead 5G revolution in Singapore

Singtel on Wednesday said it would collaborate with Swedish telecoms equipment provider Ericsson to launch a center of excellence (CoE) to facilitate 5G development and deployment in Singapore.

Oct 11, 2017

By Aastha Agnihotri

China Jishan slumps 10% on trading suspension fears after deal termination

China Jishan Holdings on Wednesday terminated an agreement to sell its stake in the real estate unit, raising concerns the company may lose its potential cash company status and suspend trading on the Singapore Exchange.

Oct 11, 2017

By Aastha Agnihotri

New Silkroutes climbs 6% on dental clinics acquisition

New Silkroutes Group on Wednesday said its unit Healthsciences International acquired 70 percent stakes in three dental clinics in Singapore for S$3.2 million.

Oct 11, 2017

By Aastha Agnihotri

Spackman buys Korean film production firm Take Pictures for S$3.9 mln

Korea's entertainment firm Spackman Entertainment said it entered into an agreement with four independent third parties to buy Korean film production company Take Pictures for S$3.9 million.

Oct 11, 2017

By Aastha Agnihotri

Mental health in the workplace - by the numbers

According to the World Federation For Mental Health, major mental health problems cost the US $193bn a year in lost earnings. The estimated global cost of mental health issues is $2.5 trillion.

Oct 10, 2017

By Staff Reporter

SilkAir boosts number of flights to Yangon

SilkAir will be taking over Scoot's flight services to Yangon starting October 29.

Oct 10, 2017

By Kiersnerr Gerwin Tacadena

For investors, could diamonds be the new gold?

When investors think of safe havens, the most obvious options that come to their mind are gold, treasuries or certain currencies such as the yen and Swiss franc.

Oct 10, 2017

By Aastha Agnihotri

Thailand rejects Singapore's request to extradite Holland Village bank robbery suspect

Singapore's financial regulator probing StanChart US$1.4 bln transfer: report

The Monetary Authority of Singapore is looking at the issues Standard Chartered is under investigation for and will take firm action against any financial institution that breaches money laundering rules, Financial Times reported.

Oct 10, 2017

By Aastha Agnihotri