OpenAI (OPENAI) will invest over $234M to establish its first applied AI lab outside the U.S. in Singapore, marking a major expansion of the company’s presence in Asia. The new 'OpenAI Singapore ...
HSBC, Temasek-Backed Pentagreen Capital’s Finance Program Reaches $800M in Committed Capital
SINGAPORE--Pentagreen Capital Fund Management's Asia-focused blended finance program has reached $800 million in committed capital. Petagreen Capital, a sustainable infrastructure debt financing ...
OCBC said to outbid banks on HSBC Indonesia deal by wide margin
The value is subject to adjustments and will be finalised after the deal is completed, potentially in the first half of next year, pending regulatory approvals, OCBC said.
OCBC outbids banks on HSBC Indonesia deal by wide margin: sources
The higher offer allows OCBC to enter bilateral negotiations to finalise the deal Read more at The Business Times.
Singapore tops Indonesia as biggest South-east Asian stock market
Singapore stocks have benefited from economic and political stability, as well as government-led market reforms. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore tops Indonesia as biggest Southeast Asia stock market
Singapore has taken over Indonesia as Southeast Asia’s largest stock market, signaling investors’ endorsement of the city state’s market reforms and their diminishing confidence in its neighbour’s ...
Straits Times Index: Chart | Quote | Trading Hours
The Straits Times Index (STI) stands as Singapore's flagship stock market benchmark, representing the performance of the top 30 companies listed on the Singapore Exchange (SGX). For Australian ...
Singapore’s Snow City to close after 26 years, last day of operations will be Sept 30
SINGAPORE: Snow City, Singapore’s first indoor snow centre, will close on Sept 30 after 26 years. The closure reflects the Science Centre Board’s (SCB) commitment to “keepin ...
DBS CEO Tan Su Shan sells $6m in company stock
CEO of DBS Bank Tan Su Shan has cashed out 100,000 of her company shares for $6 million.According to a Singapore Exchange (SGX) filing on Monday (May 18), they were sold on May 15 at $60.12 per share ...
Singapore launches new hub to boost financial literacy for businesses
The Singapore Business Federation (SBF) and Enterprise Singapore (EnterpriseSG) have launched a new one-stop platform that seeks to help businesses strengthen their financial literacy and resilience.
DBS to Hire Over 500 Young Local Talent as AI Reshapes Banking
DBS will take in over 500 young local talent in Singapore this year as it builds its early-career pipeline in the AI era.
Snow City to close after 26 years, last day of operations will be Sept 30
The Science Centre said Snow City’s staff will be supported closely through this transition. Read more at straitstimes.com. Read more at straitstimes.com.
DBS vs OCBC vs UOB: Which Bank Offers the Best Value Today?
Singapore’s three major banks all offer dividends and stability, but valuation, growth, and income prospects may make one stand out more than the others today. The post DBS vs OCBC vs UOB: Which Bank ...
DBS, OCBC Shares Hit Record Intraday Highs as Expectations for Fed Cuts Fade
DBS's shares climbed as much as 1.05% to a record 61.40 Singapore dollars, equivalent to US$48.01, on Tuesday while OCBC shares gained 0.8% to briefly touch an all-time high of S$23.22. DBS and OCBC ...
UPDATE 3-OCBC sees loan growth slowing in 2025, unveils US$1.9 bln capital return
SINGAPORE, Feb 26 (Reuters) - Singapore's second-largest bank, Oversea-Chinese Banking Corp, said it expects loan growth to moderate in 2025 after posting a smaller-than-expected rise in fourth ...
DBS’s Tan Su Shan sells 100,000 shares via open market
DBS CEO Tan Su Shan disposed of the shares at $60.12 apiece on May 15. Following the disposal, Tan’s stake in DBS fell to 0.48% from 0.52% previously.