Markets & Investing
$1.1bn 20-year SGS bond re-opening fetched yield of 3.26%
$1.1bn 20-year SGS bond re-opening fetched yield of 3.26%
The SGS bond had a 9bp tail to cut off at 3.35%, and a bid-cover ratio of 1.9x.
Venture net profit surged 30.9% in 2010
However, full year revenue declined from $3.4 billion in FY2009 to $2.7 billion in FY 2010.
UOL net attributable profit jumped 76% in FY2010
Net attributable profit increased to $745.8 million for the financial year ended 31 December 2010.
Intensifying clashes in Libya likely to affect Singapore firms
Rising violence in Libya is throwing the market focus on oil, said OCBC.
$1.1bn 20-year SGS bonds to attract insurers if yield exceeds 3.45%
But, the SGS bond is currently yielding only around 3.33 percent.
OCBC Group achieved record profit of $2,253mn in 2010
But profit for fourth quarter last year posted an 11% quarter-on-quarter decrease.
SGX, ASX revamp merger proposal
SGX and ASX made changes to their merger proposals in a bid to boost the deal's chances of getting regulatory approval in Australia.
Swiss Re reported US$863mn net income for 2010
The high net income reflects the sustained earnings power of its business and the strength of its client franchise.
CapitaMalls Asia profit jumped 9% in 2010
Profit after tax and minority interests came in at $421.9 million for FY2010.
Temasek launches US$5bn euro-commercial paper programme
The commercial paper programme will supplement Temasek's strong liqudity and the proceeds will be used to fund their business.
Citigroup partners with SGX as new depository bank
SGX is enhancing its suite of American Depository Receipts by adding new companies from other Asian countries and partnering a second depository bank...
CapitaMall offers $200mn worth of bonds
The bonds will be in aggregate principal amount of 2.00 per cent due 2013.
Singapore is the favourite location for investment bankers
Singapore topped London, New York, and Dubai as talented bankers in the UK capital seeking jobs in the Asia Pacific region.
Olam International net profit dropped 1.3% in 1H 2011
Net Profit After Tax including exceptional gain was $175.5 million compared to $177.9 million achieved in 1H FY2010.
StarHub net profit dropped 18% in 2010
Operating revenue for the quarter rose 2% to $559 million compared to $550 million y-o-y.
SGX pleased with progress of ASX bid
The Singapore Exchange was pleased with the progress it has made so far with Australian regulators in its bid for Australia's ASX , SGX's CEO told...
Exchange tie-ups put focus on Asia
A wave of stock exchange consolidation globally has thrown the spotlight on Asia's bourses.