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Category: FINANCE

Posted on 19/06/2025

European, North Asian companies also eyeing the potential of JSSEZ: UOB banker

SINGAPORE] The Johor-Singapore special economic zone (JSSEZ) is drawing interest from companies not just from Singapore, but also from Europe and North Asia. Read more at The Business Times.

Posted on 19/06/2025

DBS sets bold target to double down on Australian loans within 5 years

Tan cited AirTrunk as a case in point; a data centre operator and DBS client, which made waves in 2024 when it was purchased by a Blackstone-led consortium for A$24 billion. “AirTrunk is a great case ...

Posted on 19/06/2025

Potential IPO candidates keep their options open

Jefferies event on May 16, several possible IPO candidates, including familiar names to local consumers like Carousell and Shopback, were put under the media spotlight.

Posted on 19/06/2025

14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO Shares

You’ll be amazed at how much wealth you would have created just by holding on to Sheng Siong’s shares over the years. The post 14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO ...

Posted on 19/06/2025

‘No major surprises’ at OCBC and $2.5 bil capital return plan ‘intact’: RHB

The bank has noticed “some cautiousness” among wealth management customers in 2Q2025 so far, says RHB. “But, on the flipside, this means OCBC’s clients are not highly leveraged.” ...

Posted on 19/06/2025

Ryde Group Shares Gain After Company Deepens Green Strategy With Stake In EV Rental Firm Atoll

Ryde Group shares surge after acquiring 40% stake in EV rental firm Atoll to advance green mobility in Singapore.

Posted on 19/06/2025

HSBC Gains 18.3% So Far This Year: How to Play the Stock?

HSBC Holdings plc HSBC shares have gained 18.3% so far this year, outperforming the S&P 500 Index’s 1.2% rise. While the stock has underperformed its industry’s growth of 22.2%, it has performed ...

Posted on 18/06/2025

Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal

Affected employees in Singapore include those from the technology and operations teams. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/06/2025

UOB becomes direct participant in China’s cross-border clearing and settlement system

SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank Payment System (CIPS), the bank said on Wednesday (Jun 18). Read more at The ...

Posted on 18/06/2025

HSBC Names Asia Veteran Christopher Chua Global M&A Head

HONG KONG (Reuters) -Europe's biggest bank HSBC appointed Christopher Chua head of mergers and acquisitions on Wednesday, after its former global head left for JPMorgan last month.

Posted on 18/06/2025

Singapore lender DBS aims to double Australian lending book in 5 years

DBS Group aims to double its Australian lending book in the next five years, its CEO Tan Su Shan said, as the Singapore-headquartered bank seeks to take advantage of trade links between Australia and ...

Posted on 18/06/2025

Singapore’s DBS Bank throws down gauntlet to ANZ

The new boss of the biggest lender in South-East Asia says Australian companies should take AirTrunk’s lead and be more ambitious about regional expansion.

Posted on 18/06/2025

DBS to Step Up Financing of Australia Flows to Southeast Asia

DBS Group Holdings Ltd. partnered with the Australian government to boost trade with Southeast Asia amid the upheaval from the Trump administration’s impact on global flows.

Posted on 18/06/2025

DBS celebrates 10 years in Australia by inking MOU for Australian companies and investors to expand into Southeast Asia

Partners within the agreement will make available a suite of essential resources to facilitate connections with regional partners and industry leaders to unlock commercial opportunities.

Posted on 18/06/2025

Centurion’s REIT listing signals hope for Singapore IPOs

SINGAPORE: Singapore-based Centurion Corporation announced plans to list a Real Estate Investment Trust (REIT) on the Singapore Exchange (SGX) Mainboard on June 11. This can catalyse more initial ...

Posted on 18/06/2025

Singapore growth, inflation forecasts cut amid geopolitical jitters

Economists have lowered their forecasts for Singapore’s growth and inflation this year and are expecting a further easing of monetary policy next month, a survey of forecasters by the Monetary ...

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