Entrepreneurship
OCBC says ‘no intention’ to convert Great Eastern Class C non-voting shares to ordinary shares in five years
OCBC exit offer is final; it does not plan to launch another offer in the foreseeable future[SINGAPORE] OCBC said it has “no intention” to convert its Class C non-voting...
Nomura CEO’s pay more than doubles after profit hits record
[TOKYO] Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit.
Okuda’s compensation rose...
Asia: Market trade lower; oil prices spike after US strikes on Iran
[TOKYO] Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities.The dollar strengthened as...
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
[BANGKOK] Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums on Jun 19 is set to inject fresh...
Changi Airport Group exploring possible new flights to Semarang, Palembang, Belitung in Indonesia
[SINGAPORE] There could potentially be new flight connections between Singapore and three Indonesian destinations – Semarang in Central Java, Palembang in South Sumatra and Belitung Island off the east...
Investors wooed with freebies at Japan’s shareholder meetings
[TOKYO] More Japanese companies are giving gifts at annual general meetings (AGMs) in a practice that could increase the ranks of loyal retail investors as pressure from activist investors...
Stocks to watch: OCBC, Fu Yu, Keppel Infrastructure Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 23): OCBC: The lender has committed more than RM11 billion (S$3.3 billion)...
US attack on Iran: Market reaction muted, but brace for more volatility ahead, say analysts
[SINGAPORE] Markets reacted in a more muted manner than expected on Monday (Jun 23) after the US launched strikes against three nuclear facilities in Iran over the weekend.But analysts...
Oil hits five-month high after US hits key Iranian nuclear sites
[TOKYO] Oil prices jumped on Monday to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply worries.Brent crude...
FedEx founder and executive chairman Frederick Smith has died, CEO tells staff
More than 500,000 employees worldwide handle approximately 17 million shipments each day at the companyPublished Mon, Jun 23, 2025 · 07:39 AM[NEW YORK] Federal Express’ (FedEx) founder and former...
