As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Following are the "Market News In 2 Minutes" for today :
1. OCBC (O39) - Said all the pre-conditions to an agreement to buy Hong Kong's Wing Hang Bank Ltd had been satisfied, as various regulators had given their blessing to the US$4.95 billion deal. For more details of the report, click here. (source : The Edge)
2. ICP (5I4) - Is buying a 20% stake in Australian coal exploration company Tiaro Coal for A$3.05 million ($3.6 million), and selling off its 17% stake in another Australian gold exploration company for A$2 million. (source : ......