FOR the 5 trading sessions that spanned Jan 7 to 13, the Straits Times Index (STI) gained 2.3 per cent, with the FTSE China A50 Index declining 1.4 per cent, the Hang Seng Index gaining 4.9 per cent and the FTSE Bursa Malaysia KLCI gaining 2.1 per cent.

United Overseas Bank announced it has entered into agreements to acquire Citigroup’s consumer banking businesses comprising its unsecured and secured lending portfolios, wealth management and retail deposit businesses in Indonesia, Malaysia, Thailand and Vietnam. The acquisition which is being acq...

On Tues, June 11, the Straits Times Index broke above the three-times tested 3,240 level indicating an upside of 4,000 which. If attained, would be a new high and above the old high of 3,831. The upside represents potential and it’s a bit difficult to conceive what could drive the STI to these hei...

UOB Kay Hian (UOBKH) has lowered its target price (TP) for iFast Corporation to S$9.75 from S$11.50, as it believes the wealth management platform's proposed acquisition of UK-based BFC Bank will dampen near-term earnings.

UOB Kay Hian (UOBKH) has lowered its target price (TP) for iFast Corporation to S$9.75 from S$11.50, as it believes the wealth management platform's proposed acquisition of UK-based BFC Bank will dampen near-term earnings.

IFAST Corporation on Tuesday (Jan 11) priced its private placement at S$7.50 per share, which is at the top end of its price range.

IFAST Corporation on Tuesday (Jan 11) priced its private placement at S$7.50 per share, which is at the top end of its price range.

SHARES of iFast Corporation fell in early trade on Tuesday (Jan 11), after the company said it had priced its private placement - used to fund its acquisition of BFC Bank - at S$7.50 per share.

IFAST Corporation on Tuesday (Jan 11) priced its private placement at S$7.50 per share, which is at the top end of its price range.

iFAST Corporation has raised $105 million via a placement of 14 million new ordinary shares to institutional and accredited investors, announced the wealth management FinTech platform on Jan 11. The placement was oversubscribed with over $150 million in total subscription, more than double the initi...