UOB Kay Hian's Jonathan Koh has also lifted his target prices for DBS and OCBC to $43.25 and $18.15 respectively.
Is DBS Singapore’s indispensable stock?
WHEN interest rates were low, many assets had lofty valuations.
HSBC to Book $1 Billion Pretax Loss on Sale of Argentina Unit
HSBC Holdings Plc agreed to sell its business in Argentina and will book a hit of $1 billion from the disposal to its pre-tax earnings in the first quarter.
Singapore agritech startup Peptobiotics bags US$6.2 million in Series A
SINGAPORE-BASED agritech startup, Peptobiotics, has raised US$6.2 million in a Series A funding round. The oversubscribed round was led by aquaculture investment, consulting and media company Hatch ...
HSBC appoints Moncreiffe as CEO of global insurance division
HSBC elevates Ed Moncreiffe to CEO of global insurance. Moncreiffe has been with HSBC Group for 18 years. HSBC has appointed Ed Moncreiffe as chief executive of its global insurance division with ...
Singapore shares rose on Tuesday—STI increased by 0.3%
SINGAPORE: Singapore shares rose on Tuesday, April 9, buoyed by a mixed performance in global... The post Singapore shares rose on Tuesday—STI increased by 0.3% appeared first on The Independent Singa ...
Singapore to face tough fight for IPOs from US, HK and London as markets recover
WITH the market for initial public offerings (IPOs) showing signs of making a comeback in 2024, competition to capture new listings ...
Is it too late to make a mid-career switch in your 30s or 40s in Singapore?
SINGAPORE — Making a mid-career switch can be daunting, especially in your 30s or 40s. After all, you are more likely to have bigger financial commitments and responsibilities. You probably would have ...
TerraPay secures major payment institution license in Singapore
TerraPay has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).
S’pore to face tough competition for IPOs from US, Hong Kong and London as equity markets recover
SINGAPORE - With the market for initial public offerings (IPOs) showing signs of making a comeback in 2024, competition to capture new listings among major stock exchanges like Singapore, the United ...
25 Best Personal Finance Blogs in Singapore
Embarking on the journey of personal finance in Singapore can often feel like navigating through a dense jungle, with a myriad of options and paths to choose from. But fret not, because I’ve ventured ...
Riding Asia’s Wealth: The Time Is Now For DBS
As observed by Shee Tse Koon, Group Executive and Group Head of Consumer Banking Group and Wealth Management, DBS Bank, Asia’s wealthy clients are seeking AI-powered financial advisory that is ...
Singapore Market ends marginally in red
Investors' focus this week will be on the U.S. consumer price index (CPI) report, along with speeches by Federal Reserve officials and the release of minutes of the Fed's March FOMC meeting.
Singapore shares fall despite regional rally; STI down 0.1%
SINGAPORE shares edged lower despite a regional rally, with the Straits Times Index (STI) shedding 0.1 per cent or 2.27 points ...
IPO activity ‘lukewarm’ in Southeast Asia with 38 deals raising US$1.0 bil in 1Q2024: EY
The Americas, on the other hand, saw strong IPO activity with 52 deals raising US$8.4 billion in proceeds in 1Q2024, up 21% and 178% y-o-y. Each of the top seven deals during the period raised over ...
Asia-Pacific lags global peers in Q1 IPO activity: EY
ASIA-PACIFIC was the worst-performing region in terms of initial public offering (IPO) activity compared with its peers, based on findings from ...