Oversea-Chinese Banking Corp $OVCHY has initiated another endeavor to acquire complete control over Great Eastern Holdings Ltd. by proposing a lucrative deal of SGD 900 million (USD 700 million) for the remaining shares. This marks the fourth effort by the Singaporean institution to strengthen its position and obtain full ownership of one of the region’s most prominent insurers.

Hewlett Packard Enterprise $HPE posted stronger-than-anticipated results for its fiscal second quarter. The Texas-based technology firm reported 7.63 billion USD in revenue, marking a 6% increase year-over-year. This exceeded the analyst consensus of 7.46 billion USD, driven by broad demand across its enterprise solutions portfolio.

Monzo Bank Ltd., a UK-based digital banking pioneer, has reported a dramatic surge in pre-tax profit for the last fiscal year. Earnings before tax reached 60.4 million GBP (81.8 million USD) for the period ending March, quadrupling the previous figure of 15.4 million GBP from the earlier 13 months. Revenue also demonstrated resilient momentum, jumping to 1.2 billion GBP from 880 million GBP.