Deon Loke

Deon Loke

JOURNALIST

Citi downgrades OCBC from “neutral” to “sell” in a banking note on Wednesday morning.
HOT STOCK

S$8 billion wiped off OCBC value as shares slide 5.8% in heavy trade

2026-10-07T03:02:15.000Z
Artist’s impression of a planned DayOne data centre in Singapore. The company is part of a wave of firms in the sector eyeing IPOs as soon as 2026.

Singapore data centre operator DayOne opts for US IPO at likely US$20 billion valuation

2026-10-07T02:25:13.000Z
UPDATED 4 hours ago
The manager of ESR-Reit has recovered around 75% of outstanding arrears resulting from a default in rental payments at some of its Australian properties.

Stock to watch: ESR-Reit

2026-10-07T00:16:23.000Z
Slow payments accounted for 44.47% of total payment transactions in the third quarter of 2026.

Singapore firms’ payment delays worsen for third straight quarter in Q3: SCCB

2026-10-06T08:02:14.000Z
EGP holds a 37.5% share of the extra high voltage and high voltage switchgear market.
BROKERS’ TAKE

OCBC initiates EGP Energy with ‘buy’, target price of S$1.05

2026-10-06T03:58:34.000Z
Civmec has secured a series of new contract awards and extensions with a combined value exceeding A$220 million.

Stocks to watch: Civmec, Aspial Lifestyle

2026-10-06T00:21:29.000Z
Singapore accounted for 69.3% of South-east Asia’s fee pools in the first nine months of the year.

Singapore 9-month investment banking fees hit 5-year high of US$693.8 million

2026-10-05T08:11:36.000Z
True Fitness and True Yoga were among the businesses in the fitness and wellness sectors that closed this year.

Case calls for law on prepayments as True Group’s consumer losses soar to S$3.78 million

2026-10-05T03:54:36.000Z
iX Biopharma’s Wafermine is a non-opioid sublingual ketamine wafer used for treating acute moderate to severe pain.

iX Biopharma converts US$1.2 million debt to shares to preserve cash for US expansion

2026-10-05T01:09:27.000Z
Far East Orchard is acquiring an additional 42% stake in the managers of FEHT for S$28.3 million.

Stocks to watch: Far East Orchard, UltraGreen.ai, iX Biopharma

2026-10-05T00:50:26.000Z