|Bid||26.86 x 0|
|Ask||26.88 x 0|
|Day's range||26.72 - 26.88|
|52-week range||18.96 - 27.01|
|Beta (5Y monthly)||0.98|
|PE ratio (TTM)||13.76|
|Earnings date||04 Aug 2021|
|Forward dividend & yield||0.99 (3.68%)|
|Ex-dividend date||16 Aug 2021|
|1y target est||30.29|
Singapore's central bank said on Friday it would create a digital platform enabling banks to share information on customers and transactions, part of efforts to prevent money laundering and financing of criminal activity. The Monetary Authority of Singapore (MAS) said in a statement that it plans to launch the platform in the first half of 2023 and make it available to the city-state's six biggest commercial banks in the initial phase. Financial and trade hubs like Singapore are particularly vulnerable to money laundering due to large cross-border flows.
Japanese utility Chubu Electric Power Co Inc said on Tuesday it will buy a 20% stake in Vietnamese renewable energy firm Bitexco Power Corp for an undisclosed sum, to gain a foothold in the growing market and expand its portfolio of green energy. The move comes a day after its joint venture with Tokyo Electric Power Company Holdings Inc, JERA, said it will invest $1.58 billion to take a 27% stake in Aboitiz Power Corp in the Philippines to boost its presence in the country where power demand is growing. "Our goal is to expand our overseas business by tapping into the growth of Vietnam's electricity market while contributing to the decarbonisation of Vietnam," Akihide Ito, general manager at Chubu Electric, told a news conference.
Singapore banks will reward investors with higher payouts from better-than-expected earnings, just a week after the central bank lifted restrictions on dividends.