Tag: Singapore
HSBC Announces Issuance of S$1.5 Billion Convertible Securities
HSBC, also known as 0005, recently announced its plan to issue S$1.5 billion in perpetual subordinated contingent convertible securities at a rate of 5.25 percent per annum. The company stated that the net proceeds...
Singapore fuel oil stockpiles continue to rise for the third consecutive week
Singapore's fuel oil stockpiles have continued to rise for the third consecutive week, according to data from Enterprise Singapore. The onshore stockpiles increased by 1.6% to reach 19.16 million barrels (3.02 million metric tons)...