DBS Q3 net profits collapse 23%

SINGAPORE: DBS reported a surprise 23 per cent year-on-year drop in its net profit for the third quarter, largely due to hefty provisions on its exposure to the oil and gas industries. The bank, Southeast Asia’s largest lender, said on Monday (Nov 6 ... ( read original story ...)

Singapore Is Coaxing Competing Banks to Collaborate on Fintech

Banks in Singapore that are used to competing against one another are finding ways to collaborate in the fintech space -- under the encouragement of the Monetary Authority of Singapore. Singapore has "a good judicious balance" between collaboration and ... ( read original story ...)

Singapore Bourse May See Renewed Support

(RTTNews.com) - The Singapore stock market headed barely south again on Monday, reversing the slim gains from the previous session. The Straits Times Index remains just above the 3,380-point plateau, although it figures to bounce higher again on Tuesday. ( read original story ...)

Singapore market scales over two year peak

SINGAPORE: Most Southeast Asian stock markets rose on Tuesday, with Singapore striking an over two-year high and Vietnam hitting its highest in nearly a decade, in line with Asian peers. Wall Street ended Monday higher with all three equity indices ... ( read original story ...)

Transocean Oil loses Singapore fuel supply licence in crackdown

The move followed MPA checks on Transocean in March and April that found "falsifications of records and discrepancies in the stock ... leave the market this year. Citing heightened commercial pressures since the mandatory adoption of MFMs in Singapore ... ( read original story ...)