Uma Devi

Uma Devi

Uma is a reporter at The Business Times, covering commodities under the paper’s companies and markets team. She is a graduate of the Nanyang Technological University with a major in communications.

OK Lim’s health has been deteriorating since the collapse of Hin Leong; he has also said he has depression and anxiety.
OK LIM TRIAL

What we learned from Hin Leong founder OK Lim’s time on the stand

LIM Oon Kuin, better known as OK Lim, has taken the stand for 11 days to testify in his own criminal trial.

Seatrium’s current net order book stands at S$25.8 billion, comprising 31 projects with deliveries until 2030,  excluding repair and upgrade projects.

Seatrium secures S$11.4 billion in order wins for the year to date

Its current net order book stands at S$25.8 billion

Muhamad Umar Swift, chief executive of Bursa Malaysia, says that although the exchange has built up a sizeable presence in derivatives, it continues to innovate. The next step is to introduce a renewable feedstock futures contract.

Regional stock exchanges, market players go big on commodities as interest spikes

Market players expand offerings to make it easier to ride interest in commodity derivatives and futures options

The benchmark Straits Times Index finished the week 0.2 per cent or 6.06 points lower at 3,316.56.

Singapore stocks end lower on Friday as investor appetite sours; STI down 0.2%

Losers beat gainers 335 to 271 as 1.3 billion securities worth S$1 billion change hands

Across the broader market, gainers beat decliners 312 to 286, after 1.4 billion securities worth a collective S$1.3 billion changed hands.

Singapore stocks end higher as traders shrug off inflation worries; STI up 0.4%

The trio of local banks were among the top constituent gainers for the day

Across the Singapore market, decliners outnumbered advancers 330 to 245, after 1.2 billion securities worth a collective S$920.8 million changed hands. 

Singapore stocks end Tuesday lower, as bearish sentiment builds across region

Regional markets also end lower; trading done under a cloud of caution amid interest-rate uncertainty

Spot silver breached the US$30 per ounce mark again in early trade on Monday.

Silver rally just getting started, could outpace gold’s climb: observers

Spot silver prices breached the US$30 per ounce mark again on Monday, and the commodity is up more than 34 per cent year to date

The Straits Times Index ended Monday (May 20) with a gain of just 0.02 per cent or 0.57 point to 3,314.05.

STI ends Monday almost flat as market faces reality check

Across the region, stock markets mostly closed in the black

Eagle Hospitality Trust listed in May 2019, tanked upon its debut and was suspended in March 2020. It was one of the fastest collapses of a Singapore-listed company.

CEO of fallen Eagle Hospitality Trust seeks to contest four disclosure-related criminal charges

The collapse of the trust, which was suspended from trading in March 2020, rocked investor confidence in the local stock market

Two former executives of O&M giant Seatrium (previously known as Sembcorp Marine), were charged with corruption offences.

Timeline: Seatrium’s corruption offences in Brazil unravelled

THE Business Times outlines the sequence of events involving Singapore companies – Sembmarine (now called Seatrium) and Keppel Offshore and Marine (Keppel O&M) – in Brazil’s Operation Car Wash: