Trading in Olam shares under exchange scrutiny after sharp gains
(5 June) Singapore's stock exchange will investigate trading activity in shares of Olam International Ltd. (O32.SG) after the commodities firm's stock jumped as much as 9.9% on Thursday to a more than two-year high. Shareholders and potential investors in Olam were asked to "exercise caution when dealing in the securities,"...
Foreign banks scaling back due to tighter FT control
Commercial buildings stand in the central business district of Singapore (Photo: Brent Lewin/Bloomberg) (22 May) Barclays Plc (BARC) and Credit Suisse Group AG (CSGN) are among banks that have given up Singapore office space as lenders pare ambitions for growth in the Asian financial hub. Global banks vacated about 500,000...
More people commute to work in SG from JB
A view of the causeway bordering Malaysia's southern state of Johor Bahru, background, and Singapore, foreground (Photo: Roslan Rahman/AFP/Getty Images) (4 Jun) Darren Chin gave up a 15-minute train journey to his office in Singapore for a two-hour drive with a stop at passport control. The reason: By commuting from...
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