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Category: FINANCE

Posted on 26/01/2026

UOB shares retreat 3.3% after reaching record high

[SINGAPORE] UOB : U11 0% shares declined by more than 3 per cent on Monday (Jan 26) morning, after hitting a new high last Friday. As at 9.05 am, the counter had slipped by over 2 per cent to S$38.43, ...

Posted on 26/01/2026

Shares of UOB fall 3.3% after reaching new high last week

UOB was also the largest decliner on the Straits Times Index at market open on Monday – appearing to correct from new highs it reached last week. This comes after it surged by 5 ...

Posted on 26/01/2026

Will UOB climb higher after its big rebound?

Softer rates are squeezing NIMs at the 3 Singapore banks, but also spurring excitement about the potential for valuations to rise and converge Read more at The Business Times.

Posted on 26/01/2026

I got a tour of Citi’s new wealth hub in Singapore for high-net-worth clients, a 30,000-square-foot space with ‘garden pods’ for meetings. Look inside.

I toured Citi's new wealth hub in Singapore for its high-net-worth clients. It was designed to cater to clients with assets starting at 250,000 Singapore dollars, or about $186,000. It felt more like ...

Posted on 25/01/2026

Singapore to invest RM3.3bil over five years to boost AI public research

Funding will focus on fundamental AI (establishing Research Centres of Excellence), applied AI (real-world problems), and talent development (scholarships and AI Visiting Professorship).

Posted on 25/01/2026

Singapore to invest over $1 billion in national AI research plan over 5 years

Singapore will invest more than $1 billion to strengthen the country’s public artificial intelligence research capabilities over five years, from 2025 to 2030, the Ministry of Digital Development and ...

Posted on 25/01/2026

DBS CEO Tan Su Shan on why she confronts criticism and turns it to her advantage

DBS CEO Tan Su Shan shares her unique approach to leadership, embracing criticism, and guiding Southeast Asia's largest bank. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 24/01/2026

Singapore grows local AI talent pool with $1 billion investment plan

Singapore is stepping up its efforts to nurture its local AI talent pool by investing over $1 billion into its public AI research capabilities and talent development programmes, says Digital ...

Posted on 24/01/2026

Singapore to invest $1 billion over 5 years to boost AI public research

The funding will focus on three key areas: fundamental AI, applied AI and talent development. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 24/01/2026

DayOne Data Center Aims For $20 Billion Valuation In Potential IPO

DayOne, a Singapore-based data center operator, is considering U.S. initial public offering that would value the company at $20 billion.

Posted on 24/01/2026

GDS-backed DayOne said to eye US$20 bil valuation in US IPO — Bloomberg

DayOne, previously known as GDS International or GDSI, closed a more than US$2 billion Series C funding round earlier this month to support its international expansion.

Posted on 23/01/2026

Standard Chartered SG 3-month time deposit up to 1.55% p.a. promo rates from 23 Jan 2026

From 23 Jan 2026, eligible customers can earn up to 1.55% per annum (p.a.) when placing fresh SGD funds into a 3-month promotional Time Deposit. The promotional rates are higher, but the tenor is ...

Posted on 23/01/2026

Singapore stocks track global rally; STI up 1.3% after hitting new high

[SINGAPORE] Singapore stocks ended higher on Friday (Jan 23), tracking a global rally in markets. The benchmark Straits Times Index (STI) hit a new record of 4,895.15 in the day before closing 1.3 per ...

Posted on 23/01/2026

DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market

One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts Read more at The Business Times.

Posted on 23/01/2026

The Assembly Place up 28% above IPO price at midday on SGX debut

The Assembly Place (TAP) shares surged on its SGX debut, becoming the second co-living operator to list on the Singapore Exchange. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 23/01/2026

UOB soars 3.6%, hitting record alongside OCBC; STI up 1% to new peak

UOB : U11 +0.27% shares rose 3.6 per cent to S$38.97 as at 10.50 am, while OCBC : O39 +0.59% shares were up 2.7 per cent at S$21.15. The two lenders’ combined performance drove the STI up 1.1 per cent ...

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