UK

(Jan 12): British peer-to-peer lenders were bracing for disaster when the UK voted to quit the European Union on June 23. Maybe they needn’t have worried.

SINGAPORE (Jan 10): Bank of Singapore (BoS) Chief Investment Officer (CIO) Johan Jooste is urging investors to adopt a cautious stance going into 2017, going “underweight” on risk assets and “overweight” in cash.

SINGAPORE (Jan 10): WPP Group’s Ogilvy & Mather (O&M) has signed a three-year strategic partnership deal with the Singapore Economic Development Board (EDB) in a bid to advance Singapore’s capabilities in modern marketing services.

SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million ($34 million).

SINGAPORE (Nov 15): Centurion Corporation reported a 6% rise in 3Q16 earnings to $7.8 million on the back of workers and student accommodation business.

SINGAPORE (Oct 28): Guocoland’s participation in Eco World Development Group’s planned IPO of Eco World International (EWI) has CIMB maintaining its “add” call with a target price of $2.59.

SINGAPORE (Oct 27): Guocoland said on Thursday it will subscribe to a 27% stake in Eco World International (EWI) at the IPO for its Bursa Malaysia listing to raise RM2 billion ($666 million) to fund four projects in London and Sydney.

SINGAPORE (Oct 24): GL posted a 65% decline in earnings to US$11 million ($15.3 million) for 1QFY17, compared with earnings of US$31.4 million in 1QFY16.

SINGAPORE (Oct 24): Agri-business Olam International has acquired a 100% stake in Schulter S.A., an East African coffee specialist, for US$7.5 million ($10.44 million).