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 ...
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 ...
UOB One Account Nerfed, Down to 3.3% From 4%—Which Savings Accounts Will Earn You More?
The UOB One account is getting nerfed—again. The UOB One account will now earn you a maximum effective interest rate (EIR) of 3.30% p.a., down from 4% p.a., which was in turn down from 5% p.a. Here's ...
Singapore’s DBS, BoC customer data at risk after ransomware attack on vendor
Some customer information from Singapore's DBS Group and Bank of China's branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT).
DBS, Bank of China Singapore customers’ data extracted after printing vendor hit by ransomware attack
"The attack has led to customer information from DBS Bank and Bank of China Limited, Singapore branch, being extracted by the threat actor. No customer log-in information has been compromised," said ...
DBS vendor ransomware attack potentially exposes 8,200 customer statements
Singapore's DBS Group said on Monday its data vendor, Toppan Next Tech (TNT), had suffered a ransomware attack, potentially compromising customer statements of around 8,200 DBS customers.
DBS customer data may be compromised as vendor suffers ransomware attack
Singapore's DBS Group said on Monday its data vendor Toppan Next Tech (TNT) had suffered a ransomware attack that potentially compromised customer statements of around 8,200 clients of the bank. TNT ...
More than 11,000 DBS, Bank of China customers’ information compromised after data attack on vendor
DBS said about 8,200 customers are potentially affected, while around 3,000 BOC customers are impacted. Read more at straitstimes.com. Read more at straitstimes.com.
More than 11,000 DBS and BOC customers’ data potentially extracted after cyber attack on printing ventor
Due to a ransomeware attack on Toppan Next Tech (TNT), contracted by DBS to print customer statements, some 8,200 customers' data have been "potentially compromised", says DBS. In a separate statement ...
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
SINGAPORE] Thakral Corp clarified rumours that its associate GemLife, a resort-living developer in Australia, is gearing up for an initial public offering (IPO), and said there is “no certainty” that ...