The emerging markets-focused lender, which generates the bulk of its income in Asia and Africa, outpaced a $3.8bn average forecast from 15 analysts compiled by the bank. The result compares with ...
Singapore fines Standard Chartered entities 2.83 million pounds for …
Singapore's central bank imposed penalties of S$5.2 million (2.83 million pounds) on Standard Chartered Bank (SCBC) (STAN.L) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for ...
UOB’s head of transaction banking explains its importance
So Lay Hua, veteran banker, IBF distinguished fellow, and managing director and head, group transaction banking at UOB, describes transaction banking as the bread and butter of banking. At a glance, ...
DBS ups SGX’s target price to $18.20 after share price rally
DBS Group Research analyst Lim Rui Wen has increased her target price on the Singapore Exchange (SGX) to $18.20 from $14 after the exchange’s share price rallied, revisiting its all-time highs that ...
DBS keeps ‘buy’ on Sheng Siong and increases target price to $2.30
"We believe investors will continue to assign a higher valuation to well-managed, stable companies like Sheng Siong." - DBS's Chee Zheng Feng.
Singapore gold investment soars 37% to 2.2 tonnes in Q2 while jewellery demand wanes
Gold exchange-traded fund investment continues to drive total demand. Read more at straitstimes.com. Read more at straitstimes.com.
China Galaxy, CICC plan over $1 billion investment funds in Southeast Asia
SINGAPORE (Reuters) - State-backed investment banks China International Capital Corp and China Galaxy Securities plan to launch funds worth a total of more than $1 billion in Southeast Asia, seeking ...
Concerts, F1 drive optimism in Singapore services sector despite transport, finance caution
The services sector in Singapore expects business conditions to improve and become more favourable in the second half of the year, according to the ...
Osome and Aspire Integration Helps Founders Reclaim Hours Lost to Financial Admin
Osome has expanded its collaboration with Aspire to help founders in Singapore and Hong Kong reduce time spent on routine financial tasks.
Revitalising Singapore’s stock market: From well-intentioned tweaks to investor-centric reform
This persistent gap threatens more than prestige. Unless deep-rooted structural challenges are tackled, Singapore’s shrinking market will increasingly deprive domestic firms and international ...
Why MAS Is Paying For Research Reports To Promote Stocks In Singapore
MAS-sponsored research reports helps small and mid-cap companies save money and adds a layer of perceived neutrality.
Promoting A.P. as investment destination remains mainstay of Naidu’s Singapore tour
Andhra Pradesh Chief Minister N. Chandrababu Naidu and team strengthen ties with Singapore, seeking investments and cooperation.
Singapore Banks Face Earnings Decline In Q2 As Rates Head South
Singapore's 3 biggest lenders are expected to post declines in their net profits for the April-June quarter amid falling interest rates and slower loan growth.
Chairman Gildo Zegna on Group Strategies, Investments, Opportunities
Reporting a 3.4 percent dip in first half sales, offset by a strong DTC performance, the executive said the Ermenegildo Zegna group is focusing on this channel, eyeing global expansion with Temasek’s ...
Singapore’s GIC sees AI opportunity for India as “raw ingredients” are in place
Singapore GIC’s CIO Bryan Yeo calls AI “foundational” to its long-term strategy, with India emerging as a key focus. Backed by strong tech talent and rising digitization, GIC is investing across AI ...
Jail for man who helped loan sharks borrow $800,000 from financial institutions, including DBS
The institutions suffered losses as most of the loan sums went unpaid. Read more at straitstimes.com. Read more at straitstimes.com.