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Category: FINANCE

Posted on 22/05/2023

Singapore’s DBS expects earnings to grow over $7.5 bln in medium term

May 22 (Reuters) - Singapore-based DBS group on Monday said it expects earnings of over S$10 billion ($7.55 billion) in the medium term, after it posted a record first-quarter profit earlier this ...

Posted on 22/05/2023

DBS sees profit exceeding US$7.4bil within 5 years

Return-on-equity is expected to be in a range of 15% to 17%, Southeast Asia’s biggest lender said in an investor day presentation on Monday, referring to a time frame of three to five years. Its ...

Posted on 22/05/2023

Singapore’s Minri Media teams with Momo to invest in diverse filmmakers (exclusive)

Singapore production outfit Momo Film has partnered with new investment firm Minri Media to boost Asian and LGBTQI+ representation on screen, beginning with Cannes Doc feature Tens Across The Borders.

Posted on 22/05/2023

DBS sees annual profit exceeding $10 billion in medium term

SINGAPORE - DBS Group Holdings expects to achieve earnings of more than $10 billion in the medium term given its strong balance sheet and digital transformation. Return-on-equity is expected to be in ...

Posted on 22/05/2023

Former Investor Darling GLP Is Now Sliding Into Distress in Asia.

GLP's dollar notes have lost most among Asia high-grade in 2023. GLP says liquidity is ample, has worked on governance concerns ...

Posted on 22/05/2023

Stock Market LIVE: Indian indices may see tepid start; SGX Nifty, Asia down

MSCI's broadest index of Asia-Pacific shares outside Japan was last flat, struggling for direction. Japan's Nikkei was also mostly unchanged and Australia's resources-heavy shares slipped 0.2%.

Posted on 22/05/2023

Investors still hot on less risky bets. But with waning returns, is it time to move on?

The latest auction of six-month Treasury bills received S$12 billion in applications, more than twice the S$5 billion on offer.

Posted on 22/05/2023

Even as returns dip, investors still flocking to less risky bets like T-bills

The latest auction of six-month Treasury bills received S$12 billion in applications, more than twice the S$5 billion on offer.

Posted on 21/05/2023

Ever Glory closes on trading debut at 63.6% above IPO price

Ever Glory plans to use the $3.1 million raised from its IPO to scale its existing business. Read more at straitstimes.com.

Posted on 21/05/2023

We own a freehold 1-bedroom investment unit in District 10: How long would it take to profit $700k?

Thanks for sharing insightful property content to Singapore homeowners. I chance upon your website when searching for the latest property cooling measures. Reading your articles, I understand you ...

Posted on 21/05/2023

Solaris: Revolutionizing the Future of Decentralized Finance (DeFi)

Solaris Network, a leading decentralized platform at the forefront of blockchain technology, announces the launch of its revolutionary synthetic asset ecosystem. Built on ...

Posted on 20/05/2023

First Resources (Singapore) (FTROF) Receives a Buy from Maybank

Maybank analyst Jigar Shah maintained a Buy rating on First Resources (Singapore) (FTROF – Research Report) on May 15 and set a price ...

Posted on 20/05/2023

Singapore Stock Market Expected To Halt Losing Streak

The Singapore stock market has moved lower in consecutive trading days, sinking more than 40 points or 1.3 percent along the way. The ...

Posted on 20/05/2023

UOB Kay Hian Sticks to Their Hold Rating for SIA – Singapore Airlines (SINGF)

UOB Kay Hian analyst Roy Chen maintained a Hold rating on SIA – Singapore Airlines (SINGF – Research Report) on May 18 and set a ...

Posted on 20/05/2023

Genting Singapore (GIGNF) Receives a Buy from UOB Kay Hian

UOB Kay Hian analyst Vincent Khoo maintained a Buy rating on Genting Singapore (GIGNF – Research Report) on May 15 and set a price target of S$1.25. The company’s shares closed last Friday at $0.82.

Posted on 20/05/2023

Man in Singapore who asked friend to conduct unauthorised search on DBS’ customer info system gets two weeks’ jail

To find an acquaintance who owed him money, Ang Kok How got a friend who was a DBS employee to do an unauthorised search on the bank's ...

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