UOB Kay Hian analyst Jonathan Koh has kept his "overweight" rating for the sector with "buy" calls for DBS and OCBC.
Singapore: Retail Sales surprised to the downside in January – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest release of Retail Sales in Singapore. Key Takeaways “Singapore’s retail sales started the new year on a cautious no ...
34% of investment professionals in SG expect private capital market to worsen
Some, however, said it will be about the same. More than three in 10 (34%) investment professionals in Singapore believe that the private capital market will be “somewhat worse” in 2023, data from ...
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.
Sea sails past growth vs. profitability debate
Singapore technology giant Sea on Tuesday reported its first ever quarterly profit, beating regional tech firms like GoTo and Grab to the punch. The almost $1 billion swing from a fourth-quarter loss ...
Stock Market Live: Sensex and Nifty 50 poised for a lower start, Asian indices in the red
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower mirroring the moves across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was ...
Pockets of uptrend in Singapore stock market
Singapore-listed companies operating in industries from real estate to commodities say business conditions will get tougher this year as demand slows and costs continue to rise.
Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$$766M Loss
Crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to six months.
UOB faces criticism on social media over cash deposit machine blunder
SINGAPORE — United Overseas Bank (UOB) has once again come under criticism on social media, this time from a customer who reported a blunder in their services. The customer alleged that the money that ...
China Life Singapore Wins “Most Innovative Life Insurance Company” in International Finance Awards 2022
Pte. Ltd. ("China Life Singapore" or "the Company") has won an award in 2022 International Finance Awards for Most Innovative Life Insurance Company - Singapore 2022. Established in 2015, China Life ...
Standard Chartered expects BNM to keep OPR unchanged at 2.75%
Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) unchanged at 2.75% in the upcoming Monetary Policy Committee (MPC) meeting on Thursday, said Standard Chartered Bank ...
These are 10 of the richest people in Singapore
From Li Xiting to Eduardo Saverin, meet the some of the richest persons in Singapore and know all about how they made their fortune.
Singapore: Man arrested for allegedly cheating former colleagues into making fake investments
A 37-year-old man was arrested on Monday for his suspected involvement in a series of investment scams that saw his former colleagues cheated of their money. He allegedly offered them investment deals ...
SMFL MIRAI Partners, Kenedix and ARA jointly invest in 50% interest in Singapore commercial building through an ARA-managed fund
SMFL MIRAI Partners Company, Limited (President: Tatsurou Terada; hereafter, "SMFL MIRAI Partners"), a consolidated subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited (President: ...
Standard Chartered expects Bank Negara to keep OPR unchanged at 2.75pc
Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) unchanged at 2.75 per cent in the upcoming Monetary Policy Committee ...
Man arrested for allegedly cheating former colleagues into making fake investments
A 37-year-old man was arrested on Monday for his suspected involvement in a series of investment scams that saw his former colleagues cheated of their money. Read more at straitstimes.com.