Analyst Rena Kwok also believes the banks are likely to retain their capital returns. UOB, which reported its 1QFY2025 results today, said it was committed to its $3 billion capital distribution plan.
What Are the Best Loan Options for Foreigners Living in Singapore
Foreigners living in Singapore may sometimes find it harder to secure loans than citizens, but there are good options available.
TrustFinance Expands Global Reputation Platform to Help Financial Companies Build Trust and Win Business
SINGAPORE, SG / ACCESS Newswire / May 6, 2025 / Now more than ever, trust drives financial decisions. TrustFinance helps financial companies boost credibility, manage reviews, and showcase regulatory ...
OCBC: Leveraging Digital Cash Management Tools for 24/7 Banking
As financial transactions digitize, it’s important for banks to level the playing field by offering SMEs cash management tools once reserved for large multinationals.
UOB Kay Hian and FNZ Launch Next-Generation Platform to Transform Unit Trust Investing in Singapore
SINGAPORE, May 6, 2025 /PRNewswire/ -- UOB Kay Hian, one of Asia's largest securities brokerage firms, has partnered with FNZ, a global leader in wealth management technology, to launch a new digital ...
UOB and FNZ to launch new unit trust investing platform
The platform streamlines the investment process for retail and private clients. UOB Kay Hian has partnered with wealth management technology company FNZ to launch a new unit trust investing digital ...
Carro aims to treble Ebitda to S$130m ahead of potential IPO
Automotive unicorn aims for a final round of funding this year with revenue up 15 per cent, while gross profit grew more than 20 per cent in FY25. Read more at The Business Times.
Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost S$1.1mil
SINGAPORE: He was the chief executive of a firm that offered investment schemes, claiming to have 300,000 physical mining machines capable of generating revenue by mining cryptocurrencies.
Best Fixed Deposit Rates in Singapore (May 2025)—Minimum Deposits From $500, Rates Up To 2.50%
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 ...
HSBC group chairman Mark Tucker to retire
Tucker will continue to serve as a strategic adviser to the group CEO and the board during the ongoing search for a permanent chair.
At least $172,000 lost in phishing scams targeting POSB customers since April
Thirteen reports of such cases have been made so far. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore stocks end higher on Tuesday ahead of FOMC meeting; STI up 0.2%
SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May 6), ahead of the next US central bank meeting where policymakers are expected to keep interest rates on hold. Read more at The ...
Singapore stocks end higher ahead of US Fed meeting
Singtel is the top gainer on the Straits Times Index while Yangzijiang Shipbuilding falls the most. Read more at straitstimes.com. Read more at straitstimes.com.
Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost $1.1m
Lu Huangbin was the chief executive of a firm that operated a Ponzi scheme. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Gulf Bank names ex-Fed Reserve vice chair to newly formed global advisory board
Singapore Gulf Bank said on Tuesday that it has appointed former U.S. Federal Reserve vice chair Randal Quarles as vice chairman of its newly formed global advisory board to support the digital lender ...
Solar energy the main draw for green investments in South-east Asia in 2024: Report
Total investment in solar energy in Singapore hit US$384 million in 2024. Read more at straitstimes.com. Read more at straitstimes.com.