JP Morgan downgrades OCBC to underweight and reduces price target to $20.50, but raises SGX's price target to $22. DBS's price target is reduced to $63 from $70.
Singapore IPO players on the fence as they await resolution of Middle East war
Glenn Thum, research manager at Phillip Securities Research, said: “While outperformers like Soon Hock and The Assembly Place have been rewarded for exceptional earnings execution and asset-light, ...
SpaceX’s IPO may hold lessons for Singapore
When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains Read more at The Business Times.
Is It Too Late To Consider UOB-Kay Hian Holdings (SGX:U10) After Its Strong Share Price Run?
Considering whether UOB-Kay Hian Holdings at S$3.44 still offers value after a strong run, or if most of the opportunity is already reflected in the price. The stock shows a mixed recent pattern, with ...
Blackstone’s AirTrunk Is Said to Pick Banks for Singapore REIT IPO
AirTrunk, the data center operator Blackstone Inc. bought in 2024, has picked banks for a real estate investment trust listing in Singapore that may raise about $1.5 billion, according to people ...
Singapore investment banking fees climb to US$864.6m in 2025, highest in 4 years
[SINGAPORE] Investment banking fees generated in Singapore rose 28.9 per cent to US$864.6 million in 2025, the highest annual total since 2021. This came as fees were largely up across segments, ...
CM Adityanath, Singapore high commissioner discuss boosting cooperation, investment
“The global industrial community now sees Uttar Pradesh as a centre of new opportunities and possibilities, which will play an important role in taking India-Singapore relations to greater heights,” ...
Blackstone-AirTrunk’s Singapore REIT IPO could raise US$1.5 bil, banks picked — Bloomberg
The reported plan comes as companies and investors increasingly direct money towards data centres as demand for artificial intelligence technology booms.
Microsoft commits to $5.5bn AI and cloud investment in Singapore by 2029
Microsoft opened its Singapore Azure cloud region in 2010 with three availability zones. The cloud company was selected as one of four operators given 80MW of IT capacity for new data centers in ...
Blackstone’s AirTrunk picks banks for Singapore Reit IPO: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing Read more at The Business Times.
Singapore’s Q1 investment banking fees hit 3-year high of US$187.8 million
The London Stock Exchange Group’s (LSEG) Singapore Investment Banking Review report for Q1 on Thursday (Apr 2) showed that Citi was the top fee earner in Singapore’s investment banking league table.
HSBC chief signals confidence in Asia despite retail banking scale-back
HSBC's possible sale of its Indonesian retail assets, following its exit from retail operations in Bangladesh and Sri Lanka has fuelled speculation that it may be retreating from Asian retail banking.
AI and gender inequality: DBS’ Tan Su Shan and former Singapore president Halimah Yacob look at rising risks
Their discussion at DBS International Women’s Day event also covers issues such as female representation in leadership roles Read more at The Business Times.
Alpha Ladder Group and MetaComp Partner with Maqam International Holding, an Abu Dhabi (UAE) company, to Advance RWA Tokenisation and Web2.5 Payments Across Singapore-UAE Corridor
Alpha Ladder Group ('Alpha Ladder'), a Singapore-headquartered Digital Green Group driving sustainable financial and technology innovation through subsidiaries including MetaComp and Alpha Ladder ...
OCBC tops $100 billion in market cap as analysts see more upside
They cited potential wealth inflows from the Middle East and the rate cut on its flagship savings account. Read more at straitstimes.com. Read more at straitstimes.com.
Asean still ‘safe’ for business despite Middle East conflict: UOB
From the perspective of UOB head of research Suan Teck Kin, the Middle East conflict between the US, Israel and Iran highlights Asean as a “stable” and “safe” region for doing business.