SINGAPORE: Family offices (FOs) worldwide, including those based in Singapore, are set to diversify their investment portfolios. This is according to the 2025 Global Family Office Survey by US ...
80 job cuts at Standard Chartered Singapore ‘likely just the start’ amid push to return US$1.5B to shareholders
SINGAPORE: Standard Chartered has laid off 80 staff members in Singapore, mainly from its technology and operations teams, which are being offshored to India, according to eFinancialCareers. Sources ...
Singapore ranks 2nd most ‘investing-obsessed’ country globally
SINGAPORE: Singapore has been ranked the second most “investing-obsessed” country in the world, according to forex broker BrokerChooser. The study examined global search volumes of investment-related ...
DBS expects the economic value from its use of AI to exceed S$1 billion in 2025
SINGAPORE] Banks are ramping up their use of artificial intelligence (AI), and DBS – which has earned S$750 million through its use of the technology – estimates that its economic value could surpass ...
Australia, Singapore, Kenya most curious on investing; India ranks 13th
Australia tops global investment curiosity, but India ranks 13th with rising stock and crypto interest, as young investors drive online searches for wealth tools ...
Singapore market review ‘very much needed’; slow IPOs due to valuations, says UOB Kay Hian’s Adrian Loh
We think that the EQDP is very timely, and — if I were to be blunt — perhaps a bit late in the game given some of the other initiatives that have been put in place by other regional bourses." ...
UOB Becomes Direct Participant in China’s Cross-Border Payment System
UOB and its subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS) ...
European, North Asian companies also eyeing the potential of JSSEZ: UOB banker
SINGAPORE] The Johor-Singapore special economic zone (JSSEZ) is drawing interest from companies not just from Singapore, but also from Europe and North Asia. Read more at The Business Times.
DBS sets bold target to double down on Australian loans within 5 years
Tan cited AirTrunk as a case in point; a data centre operator and DBS client, which made waves in 2024 when it was purchased by a Blackstone-led consortium for A$24 billion. “AirTrunk is a great case ...
Potential IPO candidates keep their options open
Jefferies event on May 16, several possible IPO candidates, including familiar names to local consumers like Carousell and Shopback, were put under the media spotlight.
14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO Shares
You’ll be amazed at how much wealth you would have created just by holding on to Sheng Siong’s shares over the years. The post 14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO ...
‘No major surprises’ at OCBC and $2.5 bil capital return plan ‘intact’: RHB
The bank has noticed “some cautiousness” among wealth management customers in 2Q2025 so far, says RHB. “But, on the flipside, this means OCBC’s clients are not highly leveraged.” ...
Ryde Group Shares Gain After Company Deepens Green Strategy With Stake In EV Rental Firm Atoll
Ryde Group shares surge after acquiring 40% stake in EV rental firm Atoll to advance green mobility in Singapore.
HSBC Gains 18.3% So Far This Year: How to Play the Stock?
HSBC Holdings plc HSBC shares have gained 18.3% so far this year, outperforming the S&P 500 Index’s 1.2% rise. While the stock has underperformed its industry’s growth of 22.2%, it has performed ...
Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal
Affected employees in Singapore include those from the technology and operations teams. Read more at straitstimes.com. Read more at straitstimes.com.
UOB becomes direct participant in China’s cross-border clearing and settlement system
SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank Payment System (CIPS), the bank said on Wednesday (Jun 18). Read more at The ...