By Rae Wee and Yantoultra Ngui SINGAPORE, Aug 6 (Reuters) - DBS Group, Singapore's biggest bank, raised its full-year guidance after second-quarter net profit rose 9%, as it leans on its wealth ...
Singapore signals S$9.5bn export hit from new US tariff
Addressing parliament, Gan said the 12.5% levy, which took effect on 24 July and was brought in under Section 301 of the US Trade Act of 1974, would affect shipments such as optical instruments and ...
HSBC to sell Singapore insurance unit to Allianz in $2.1 billion deal
HSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close in early 2027. The sale will help HSBC simplify its operations ...
DBS Group Shares Notch Record High on Best-Ever Quarterly Profit, Improved Guidance — Update
SINGAPORE--DBS Group, Southeast Asia's largest lender, posted its best-ever profit and raised its guidance, sending its shares to an all-time high. The Singapore-based lender's second quarter net ...
DBS posts record Q2 profit, raises 2026 guidance
SINGAPORE: DBS Group, Singapore's biggest bank, raised its full-year guidance on Thursday (Aug 6) after second-quarter net profit rose 9 per cent, beating expectations as strong wealth-management fees ...
DBS shares hit record high as bank lifts guidance after profit beat
By Rae Wee and Yantoultra Ngui SINGAPORE, Aug 6 (Reuters) - DBS Group, Singapore's biggest bank, raised its full-year guidance after second-quarter net profit rose 9%, as it leans on its wealth ...
DBS raises 2026 guidance as wealth business powers growth despite lower rates
CEO Tan Su Shan says team is ‘firing on all cylinders’ after record Q2 profit; sees structural opportunities in Asia’s wealth, trade and AI trends Read more at The Business Times.
DBS Group CEO Tan Su Shan Leads Southeast Asia’s Largest Bank Into The AI Era
The first woman boss in the banking giant’s 58-year-history is preparing for the future by seeding AI deep and wide across the organization.
Higher interest rates positive for Singapore banks: Macquarie Capital
DBS, the largest Southeast Asian bank, posted a record quarterly net profit in Q2. Macquarie Capital's Jayden Vantarakis talks about DBS across the Singapore banking sector, pointing out DBS has the ...
DBS Steps Up SME Support With AI Adoption, Financing and Payments
DBS launches DBS for SMEs with advisory, financing, AI and cross-border payment support for Singapore businesses.
DBS names seven ‘deep-value’ stock picks to ride Singapore’s value-unlocking theme
The market is rewarding companies that show a credible route to monetise under-utilised assets, analysts say Read more at The Business Times.
TOKEN2049 Singapore Returns as the Largest Industry Gathering of the Year
Singapore this October SINGAPORE, Aug. 6, 2026 /PRNewswire/ -- TOKEN2049, the world's largest crypto event, returns to Marina Bay Sands in Singapore on 7–8 October, bringing together 25,000 attendees ...
Singapore Now Has 37 Licensed Crypto Firms Out of Nearly 300 Applicants
Singapore has licensed 37 crypto companies out of nearly 300 applications under MAS’ digital payment token framework.
Why higher interest rates help Singapore’s banks – but not necessarily the rest of Southeast Asia
DBS, the largest Southeast Asian bank, posted a record quarterly net profit in Q2. Macquarie Capital's Jayden Vantarakis talks about DBS across the Singapore banking sector, pointing out DBS has the ...
Singapore says exports worth $7.4 billion affected by new US tariffs
SINGAPORE, Aug 6 (Reuters) - About one-third of Singapore's exports to the U.S., worth S$9.5 billion ($7.4 billion), will be affected by a new U.S. tariff of 12.5% imposed on July 24, Trade Minister Gan Kim Yong said.
Singapore posts one of Southeast Asia’s slowest gold demand growth rates
Singapore’s demand for gold bars and coins rose 6% year-on-year in the second quarter, one of the slowest growth rates in Southeast Asia.