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Category: FINANCE

Posted on 10/07/2025

Arkema to Invest $20M to Build New Rilsan Clear Unit in Singapore

Arkema S.A. ARKAY announced that following the start-up of the Rilsan Clear transparent polyamide unit in Singapore, which boosted the capacity of Rilsan polyamide 11 by 50%, it is investing $20 ...

Posted on 10/07/2025

DBS joins UOB and OCBC with green home loan offering

SINGAPORE – DBS has followed on the heels of UOB and OCBC to offer green home loans for private property projects. Unlike the offerings from UOB and OCBC, which launched “eco-mortages” in 2021, the ...

Posted on 10/07/2025

UOB donates $100,000 to help talented young tennis players chase their dreams

The fund will cover training fees, entry fees for international tournaments, among other expenses. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/07/2025

Singapore tycoon Sam Goi makes S$123.5 million offer to buy rest of PSC

SINGAPORE] Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece. This comes after he spent S$25.2 million on 63 ...

Posted on 10/07/2025

Aalberts stock jumps after acquiring Singapore’s Grand Venture Technology

Investing.com -- Aalberts (AS: AALB) stock surged 5.5% after the company announced an agreement to acquire Singapore-based Grand Venture Technology (GVT) for SGD 319 million (€220 million), expanding ...

Posted on 10/07/2025

Japan’s NTT files for billion-dollar listing; set to be SGX’s biggest Reit IPO in a decade

SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely to be ...

Posted on 10/07/2025

USD/JPY: Scope to extend to 145.60 before stabilisation – UOB Group

The pullback has scope to extend to 145.60 before stabilisation is likely. The strong support at 145.20 is unlikely to come under threat. Resistance is at 146.60, followed by 146.95." 1-3 WEEKS VIEW: ...

Posted on 10/07/2025

USD/CNH: Chance of edging lower and testing 7.1720 – UOB Group

Softening underlying tone may lead to US Dollar (USD) edging lower and testing 7.1720 against Chinese Yuan (CNH). In the longer run, increasing momentum suggests USD may rise, but it is too early to ...

Posted on 10/07/2025

Inside Singapore’s cutthroat campus finance clubs where 10% get in and stress runs high

Facing intense competition for banking jobs, students hope membership in these clubs will help differentiate them to potential employers.

Posted on 10/07/2025

DBS downgrades Genting Singapore shares, lowers target price, on tariffs dampening outlook

SINGAPORE] DBS on Thursday (Jul 10) downgraded shares of Genting Singapore to a hold rating, and also lowered its target price. Read more at The Business Times.

Posted on 10/07/2025

Tariffs, potential MSCI ousting may dampen Genting Singapore’s expected H2 earnings uplift: DBS

SINGAPORE] Genting Singapore might not get as much of an uplift as was hoped for. Read more at The Business Times.

Posted on 10/07/2025

Singtel’s NCS to invest S$130 million to scale AI adoption in Apac

SINGAPORE] Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI) development across the Asia-Pacific region. Read more ...

Posted on 10/07/2025

Affluent Singapore respondents say they need US$1.39 million to retire comfortably: HSBC survey

SINGAPORE] Affluent investors based in Singapore said they will need US$1.39 million on average to retire comfortably – well above the global average of US$1.05 million, according to HSBC’s 2025 ...

Posted on 10/07/2025

UOB Travel Planners broadens cruise portfolio with Ritz-Carlton’s Luminara

UOB Travel Planners (UTP) is preparing to promote Luminara, the third and largest superyacht in the Ritz-Carlton Yacht Collection fleet, as it arrives in Singapore on December 23.

Posted on 10/07/2025

Three months to set up: Singapore reduces wait time for family offices to woo world’s super-rich

Singapore’s financial watchdog has decided to shorten the ... This expedited timeline was announced by Chee Hong Tat, the Deputy Chairman of MAS, during a media visit to DBS Group Holdings Ltd., the ...

Posted on 10/07/2025

DBS downgrades Genting Singapore to ‘hold’ amid mounting headwinds

DBS Group Research is downgrading its call on Genting Singapore (GENS) to “hold” from “buy” previously with a lower target price of 80 cents from 90 cents, due to lower valuation peg and earnings ...

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