Singapore Exchange market strategist Geoff Howie noted that the trade-weighted ... “Overnight strength in the US dollar, which has continued into Asia trading, weighed on most Asia stock indices today ...
Singapore to commit US$500 million as concessional capital for climate action
THE Singapore government will be committing US$500 million as concessional capital to support a blended finance initiative launched by its central bank last year, said Sustainability and Environment ...
DBS Bank nominates Rajat Verma to be next India CEO, sources say
DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said. He is slated to replace Surojit ...
DBS CEO Piyush Gupta sells S$12.6 million worth of bank shares in 2 days
Piyush Gupta, the Chief Executive Officer (CEO) of DBS, has sold even more of his shares. He did so in a bank rally on Nov. 7 and 8, during which DBS shares climbed to over S$40, reported The Business ...
DBS Foundation spotlights Singapore’s ageing society in inaugural Impact Beyond Summit
DBS Foundation held its inaugural Impact Beyond Summit on Monday (Nov 11), with a focus on Singapore’s ageing society. Read more at The Business Times.
Here’s Everything That Happened Singapore Fintech Festival 2024 in 10 Key Highlights
The ninth edition of the Fintech Festival (SFF) wrapped up on November 08, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around ...
DBS CEO Piyush Gupta cashes out $12.6m in shares as bank stock hits record high
Outgoing CEO of DBS Piyush Gupta offloaded some 300,000 of his DBS shares for a total of $12.6 million last week. He sold his shares in two transactions amid a major rally in DBS' stock price ...
Singapore and China step up cooperation, refresh ties
SINGAPORE — Singapore and China took steps to refresh their relationship and deepen collaboration in areas such as trade and finance at the apex bilateral cooperation meeting between the two countries ...
Singapore and China Boost Green Finance, Capital Market Connectivity
The Monetary Authority of (MAS) announced new initiatives aimed at bolstering financial cooperation with China.
Bankers see Asia deal drought easing as Hong Kong IPOs pick up
After a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings, particularly in Hong Kong, India and Japan.
Singapore proposes unprecedented law to stop stubborn victims from sending money to scammers
The Protection from Scams Bill proposes giving police control over some victims' bank accounts as a last resort. Read more at straitstimes.com.
OCBC’s head of anti-fraud Beaver Chua on banks working with police to combat scams
Singapore police may soon have powers to stop people from transferring ... Mr Beaver Chua, head of anti-fraud at OCBC, shared what this unprecedented law could mean for banks, in terms of allocating ...
DBS CEO Piyush Gupta sells $12.6 million worth of shares as bank hits all-time high
DBS closed up 0.8 per cent or $0.35 to $42.75, OCBC closed up 1.6 per cent or $0.26 to $16.32, while UOB was the top gainer on the Straits Times Index, up 2.7 per cent or $0.96 to $36.65. THE BUSINESS ...
Singapore’s DBS weighs stakes acquisitions in Malaysian banks
"Singapore’s DBS weighs stakes acquisitions in Malaysian banks" was originally created and published by Retail Banker International, a GlobalData owned brand.
Singapore expands eligibility, adds higher BEPS 2.0-compliant tax rate for corporate incentive scheme
ONE of Singapore’s corporate tax incentive schemes is adding a higher concessionary tax rate tier of 15 per cent for large multinationals, to allow such companies to continue qualifying despite global ...
I swapped UK for Singapore — Keir Starmer will push many others to do same
There's a time when you have to read the room and it's clear that the Labour Party's policies are no friends of wealth creation.