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Banking on 'hip'
OCBC is banking on "hip", as the bank woos not just the affluent, but also youth and new entrants to the workforce, with its newest branch at Orchard Gateway.Before walking into the banking halls,...
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$22m price tag for 5 shophouses
Five adjoining shophouse properties in Club Street have been put on the market with an asking price of $22 million.They comprise Nos. 1, 3 and 5 Club Street, which are three storeys high and have an...
View ArticleAsian malls are kings of retail
The world's biggest mall is in Asia but it might as well be the world's emptiest, with almost 40 per cent of it remaining empty since it opened in 2005.The New South China Mall with 892,000 square...
View Article'Open sesame' for Alibaba IPO investors on NYSE
China's capital management services providers plan to offer vehicles so that Chinese investors can buy shares in Alibaba Group Holding Ltd's initial public offering on the New York Stock Exchange,...
View ArticleAsia shares climb after US jobs report
HONG KONG - Asian markets rallied on Friday after the United States said its economy created more than a quarter of a million jobs in June, sending Wall Street to new records and boosting the dollar...
View ArticleBeijing, Seoul to trade currencies directly
China and South Korea plan to directly trade their currencies, marking a step forward in the renminbi's internationalization.The announcement came in a joint statement from the Chinese and South Korean...
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Firearms facility builder Starburst launches $15.5m IPO
A FIRM specialising in the design and engineering of firearms training facilities plans to raise $15.5 million in gross proceeds with a listing on the Singapore Exchange's Catalist board.Starburst...
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Local warrants market falls out of favour with traders
Total turnover fell 24 per cent in the first six months of the year to just $2.18 billion.To get an idea of how the risky product has fallen out of favour, that turnover figure is less than the average...
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START SINGAPORE
The locally made 3D printer Buccaneer has managed to get a toehold in the tough Japanese electronics retail market.Mr Brendan Goh, chief operating officer of Pirate3D, which makes the device, told The...
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Start-ups 'cannot run on just passion'
FOUNDERS of start-ups usually have plenty of passion but their inability to roll out viable business plans and tendency to focus on short-term success rather than long-term strategy means failure is...
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CapitaGreen project to ease CBD crunch
A NEW 40-storey office building in the Central Business District (CBD) will boost the limited supply of office space in the area once it is completed by the end of this year.CapitaGreen, which is on...
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Industrial site rentals plateau
DOWNBEAT growth prospects and a faltering manufacturing sector have hit demand for factories and warehouses although interest for newer business parks and high-tech industrial space remains keen, said...
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Smallest country, biggest online traders
Singapore has the highest proportion of online share traders among six countries.In the latest global survey released last Wednesday of over 90,000 traders and investors in the US, UK, Australia,...
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Olam chief advocates greenie role for firm
AGRICULTURAL firm Olam International intends to push for change in what it sees as the most important global challenges over the next 25 years - food, water and energy security, climate change,...
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22 things you didn't know about Amazon
The best word to describe the rise of Amazon.com is probably 'amazing'.For a company that started out in a garage, Amazon has done tremendously well - it is now one of the richest companies in the...
View ArticleStars eye rich pickings as IPOs are resumed
Chinese movie and TV stars holding shares in companies seeking listings are set to reap huge fortunes, with the authorities opening the floodgates for initial public offerings after a freeze of almost...
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Trading score: World Cup 1, stock market 0
Securities turnover - including shares and products like exchange-traded funds (ETF) and warrants - fell 37 per cent from a year ago to $20.5 billion. The turnover was also down 12 per cent from...
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DBS named S'pore's most valuable brand
DBS BANK has held on to its position as Singapore's most valuable brand after claiming the top spot a year ago.The banking giant is now worth US$4.01 billion (S$5 billion), up US$535 million from last...
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Oei loses appeal against arbitration ruling
TYCOON Oei Hong Leong has failed to overturn a ruling that suspended a suit he filed here against Goldman Sachs to recover 3.175 billion yen (S$38 million) in investment losses.The High Court here has...
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Branch for wide range of clients
It is the bank's second largest branch.The 10,330 sq ft outlet, spread over three storeys, was developed at a cost of about $5 million.It caters to the affluent segment via OCBC Premier Banking and to...
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