Singapore Prime Minister Lawrence Wong on Tuesday said a 10% universal tariff rate imposed by U.S. President Donald Trump does not look open for negotiation.
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US ...
Best Fixed Deposit Rates in Singapore (Apr 2025)—Minimum Deposits From $500, Rates Up To 2.90%
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
UOB Kay Hian lowers 2025 STI target to 3,720 with investors ‘liberated’ of profits this year
From a previous year-end 2025 target of 4,115 points, UOB Kay Hian's revised target for the index is now 3,720 points, which is pegged to a PE multiple of 13.4x which is not "view as stretched for a ...
UOB Kay Hian maintains ‘buy’ and $1.76 target price on ComfortDelGro even with Grab’s impending entry as taxi operator
Grab's impending entry as the sixth taxi operator in Singapore is a "slight negative" for ComfortDelGro but UOB Kay Hian analysts Llelleythan Tan Yi Rong and Heidi Mo have kept their "buy" call on ...
Sembcorp and other Asian energy plays are possible trade war ‘shelters’, says HSBC
Sembcorp Industries has been named by HSBC Global Research as one of the "preferred" Asian energy and utilities stocks that are possible "shelter" plays amid the worsening global trade war.
DBS downgrades UOB to ‘hold’, slashes target price by 15% amid trade war concerns
DBS Group Research has downgraded United Overseas Bank (UOB) to “hold” and maintained the same rating on Oversea-Chinese Banking Corporation (OCBC) amid trade war concerns. DBS analyst Lim Rui Wen ...
Singapore warns end of free trade era ‘very hostile’ for small nations
City-state’s foreign minister fears possible collapse of world trading system following Donald Trump’s tariffs ...
Singapore’s STI edges down 0.4% after Monday’s dramatic sell-off
SINGAPORE] Singapore stocks continued their decline on Tuesday (Apr 8) morning, but the worst of the fallout from Trump’s tariffs appears to be over after Monday’s beating. Read more at The Business ...
Singapore Steps Up Efforts to Become Asia’s Restructuring Hub
Singapore’s policymakers are wrapping up the public feedback process on proposed changes to its insolvency law, part of a broader effort to enhance the city state’s appeal as a hub for restructuring ...
Trump’s tariffs: what are Singapore’s possible options in responding?
Singapore applies zero tariffs on US products, as long as they qualify as originating goods under the FTA’s rules of origin. The exception is for Singapore’s goods and services tax, which applies to ...
Japan, Singapore central banks adjust strategy in response to Trump tariffs
Due to the recent tariffs imposed by the U.S. government, central banks in Singapore and Japan are adjusting their strategies and policies to prepare for the economic impact. Ministers of the European ...
Singapore software engineer salaries rebound, but pay for AI roles fails to lift off amid hype
AI specialists saw their pay cheques shrink by up to 2.4 per cent. Read more at straitstimes.com. Read more at straitstimes.com.
Bill Ackman warns Trump is losing business leaders’ confidence
Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war.
Singapore PM Wong warns of trouble as US tariffs threaten global trade
Senior Minister Lee Hsien Loong, who stepped aside as prime minister in May after two decades in the job, followed with remarks of his own at a community event on Sunday ...
Property Billionaire Robert Ng Named Under Singapore’s Foreign Influence Law
Real estate tycoon Robert Ng, who is the chairman of Hong Kong-listed Sino Group, and his children—Daryl Ng, Nikki Ng and David Ng—declared their foreign political ties as required by Singapore law of ... ( read original story ...)