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Category: FINANCE

Posted on 28/07/2025

Singapore’s UOB posts record profits as it bets its Southeast … – AOL

UOB’s stock price rose 1.4% to 39.20 Singapore dollars ($29.17) after the bank reported a record net profit of 6 billion Singapore dollars ($4.47 billion) for the year ended Dec. 31, 2024, up 6% ...

Posted on 28/07/2025

UOB, RHB lower Singapore 2025 inflation forecasts, Maybank and DBS unchanged

The RHB economists note that the moderation in Singapore's inflation is largely driven by cost-push factors, rather than strong demand-pull pressures.

Posted on 28/07/2025

Singapore’s Green Link Digital Bank, 129Knots Launch Embedded Finance Program

Singapore-based Fintech firms Green Link Digital Bank (GLDB) and 129Knots have launched a global embedded finance initiative targeting liquidity gaps in the ...

Posted on 28/07/2025

UMS to benefit from AI tailwinds and EQDP, DBS raises target price to $1.84

In Penang, Malaysia, UMS has expanded its production capacity with a new plant, which began mass production last year.

Posted on 28/07/2025

Dividend surprises ‘unlikely’ in 2QFY2025 for Singapore banks, says Maybank

Analyst Thilan Wickramasinghe expects earnings across the board to be “flat-to-negative” on a q-o-q basis. OCBC will report its results on Aug 1 while DBS and UOB will release theirs on Aug 7.

Posted on 28/07/2025

Investing In The STI: Does It Make Sense To Invest Through A Robo-Advisor?

By investing in the Amundi Singapore Straits Times fund through Endowus, investors can gain exposure to the Straits Times Index (STI) ...

Posted on 28/07/2025

Stocks to watch: OCBC, Singapore Airlines, Raffles Medical, AEM Holdings

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 28): Read more at The Business Times.

Posted on 28/07/2025

S’pore stock market climbs after MAS allocates $1.1b to 3 fund managers for small-cap investments

The Straits Times Index also rose, hitting an all-time high of 4,273 points on July 24. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 28/07/2025

Naidu’s Singapore Trip: Elevating Andhra Pradesh to a Global Investment Hub

Andhra Pradesh Chief Minister N Chandrababu Naidu's visit to Singapore highlights Andhra's potential as a prime destination for global investments. Emphasizing green energy, defense, and quantum ...

Posted on 28/07/2025

Singapore fines Standard Chartered $4 mln over money laundering … – Yahoo

SINGAPORE, March 19 (Reuters) - The Monetary Authority of Singapore (MAS) imposed penalties of S$5.2 million ($3.95 million) on the Singapore branch of Standard Chartered Bank (SCBC) and S$1.2 ...

Posted on 26/07/2025

Standard Chartered Ties Up With Singapore Start-Up for Fintech …

Standard Chartered PLC has tied up with Singapore start-up Atome Financial to expand in Asia’s booming financial technology market. As part of the 10-year partnership, Standard Chartered will ...

Posted on 26/07/2025

Standard Chartered eyes digital bank market with Singapore joint …

Standard Chartered (StanChart) has inked an agreement with NTUC Enterprise to set up a joint venture in Singapore offering digital banking services. The move follows a similar deal in Hong Kong ...

Posted on 26/07/2025

Standard Chartered opens Singapore lab to arm employees with … – ZDNET

Standard Chartered (StanChart) is looking to boost the skillsets of its workforce in Singapore with the launch of a new training lab. The British bank hopes to train 8,000 of its employees here ...

Posted on 26/07/2025

Woman, 64, prevented from being scammed out of $300k by OCBC and police

OCBC and the Singapore Police Force's Anti-Scam Centre (ASC) prevented a woman from being scammed out of $300,000. A police news release stated that the incident took place last month, when the ...

Posted on 26/07/2025

‘Time in the market beats timing the market’ amid heightened volatility, says DBS in its 3Q2025 CIO report

The team is "neutral" on equities but positive on US tech; it likes shorter-end bonds, and likes alternative assets such as gold and income-generating private assets.

Posted on 26/07/2025

Banking and finance jobs will change but won’t disappear as AI becomes the new normal: Accenture

Experts say the best financial institutions are adopting AI to increase revenue streams. Read more at straitstimes.com. Read more at straitstimes.com.

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