UOB's economist Jester Koh predicts Singapore to have a “modest” fiscal deficit of $2.7 billion or 0.4% of GDP in FY2025.
Trump’s ‘drill baby drill’ inspires UOB Kay Hian to maintain ‘overweight’ view on offshore and marine counters
UOB Kay Hian has kept its "overweight" view on the region's offshore and marine sector, given how the Trump presidency is rehashing the "drill baby drill" mantra. "Increasingly, it appears that ...
All eyes on capital management as DBS kicks off banks’ results on Feb 10; Maybank thinks DBS, UOB could ‘surprise’
OCBC “has lagged in capital returns clarity so far”, but that could change when the bank reports its 4QFY2024 results on Feb 26.
U.S. Dollar’s Upward Momentum Vs. Singapore Dollar Building Swiftly, Chart Shows
The U.S. dollar’s upward momentum against Singapore dollar is building swiftly, based on daily charts, UOB said, adding USD/SGD could rise above resistance in 1.3751-1.3763 area.
DBS keeps ‘buy’ on Starhill Global REIT while OCBC maintains ‘hold’ call with lower TP after 1HFY2025 results
DBS analysts Geraldine Wong and Derek Tan like the REIT for its yields north of 7%, while OIR's Ada Lim says 1HFY2025 results were "steady with no surprises".
Singapore’s Syfe lobs bid for SelfWealth; tops Bells by 12pc
Singapore-based investment platform Syfe has formally tabled a 28¢ a share bid for ASX-listed SelfWealth, two days after it built a blocking stake as it prepared a competing bid to Bell Financial ...
Singapore’s president cites global ‘mistakes’ as inflation worries World Economic Forum
Tharman Shanmugaratnam, a veteran economist and ex-finance minister, said that inflation would be lower if not for 15 years of mistakes Global inflation has yet to die and advanced economies outside ...
New Year, New Financial Goals: Check Out The Best Bank Accounts for Kids in Singapore
Kids and money? Yes! Start them young with the best bank accounts for kids in singapore so they grow up knowing how to save smart.
Le Diner en Blanc, The Largest and Most Elegant Dinner Party Returns to Singapore in 2025
February 1, 2025) - Le Dîner en Blanc, the global phenomenon of elegance and community, is making its highly anticipated return to Singapore this year, marking a decade since its last magical ...
STI up 1.4% as Singapore shares track regional gains
SINGAPORE - Singapore shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for the Chinese New Year holidays.
HSBC Makes Global Rollbacks As It Scales Down Operations and Other Financial Services
The financial giant also noted that the move was aimed at simplifying its internal operations and focusing on its current key strengths.
HSBC plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a shift to Asia in its biggest retrenchment from investment ...
Private equity returns to investing in cash-flow-positive firms, say Temasek-backed asset managers
Private equity will have a more positive 2025 than it's had recent years, and institutional investors will likely turn their focus to managers that invest in “good businesses (that) generate cash ...
US Investigates If DeepSeek Got Nvidia Chips From Firms in Singapore, Report Says
U.S. officials are investigating whether Chinese artificial intelligence startup DeepSeek skirted American export restrictions on advanced chip sales and bought advanced Nvidia (NVDA) semiconductors ...
STI up 1.4% as Singapore shares track regional gains on Friday
SINGAPORE - Singapore shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for the Chinese New Year holidays.
HSBC Launches Its Inaugural Wealth Centre, Redefining The Standard for Premier Elite Clients And High-Net-Worth Individuals
Artist Red Hong Yi’s masterpiece takes pride of place at the wealth centre, adding a unique cultural touch to the experience.