His comments come after Indian media reported that DBS was considering purchasing a stake and held discussions with finance ministry officials in New Delhi. Among Singapore banks, DBS has been the ... ( read original story ...)
Ascendas Reit to acquire Philips APAC Center in Singapore for S$104.8 million
The acquisition will improve the overall resilience of the portfolio with its high occupancy of 95.7% and long WALE of 4.5 years ... ( read original story ...)
DBS Q2 profit tops estimates as rising interest rates boost banks
Singapore's DBS Group reported a 7 per cent rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply ... ( read original story ...)
Under scrutiny: proposed merger of Singapore’s offshore and marine heavyweights
The Competition and Consumer Commission of (CCCS) is inviting public feedback on the proposed merger of the nation’s leading offshore and marine companies of Sembcorp ... ( read original story ...)
Woman, teen to be charged for allegedly sharing SingPass, bank details with scammers
SINGAPORE - A woman, 31, and a 16-year-old boy will be charged on Friday (Aug 5) for their suspected involvement in knowingly disclosing their Singpass and bank account details to scammers who later ... ( read original story ...)
Southeast Asia’s largest bank says wealth management, capital markets business face challenges
"Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow," DBS Group CEO Piyush Gupta said. ( read original story ...)
The HSBC Futureverse. 6 million reasons why no one can predict the future.
If the last two years have taught us anything it is that the future is unpredictable. With this in mind, HSBC has announced the launch of its new experience via Wunderman Thompson Singapore that ... ( read original story ...)
DBS sees rising risks after rate increases boost quarterly profit
SINGAPORE: Singapore's DBS Group warned inflation and geopolitical uncertainty may impact second-half performance too, after the wealth business of the bank suffered in the latest quarter, though ... ( read original story ...)
Singapore joins green finance wave with 50-year bond
The city-state doesn’t have a traditional bond with a 50-year maturity. The yield on its 30-year conventional debt has risen steadily over the past year. It stood at 2.8% on Thursday, Bloomberg data ... ( read original story ...)
MAS launches first sovereign green bond, aims to raise up to $2.4b with 50-year debt
Retail investors applying for the public offer must do so with a minimum of $1,000 and in multiples of $1,000. Read more at straitstimes.com. ( read original story ...)
DBS second-quarter profit tops estimates as banks benefit from rising interest rates
Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates following sharply higher interest rates. ( read original story ...)
COMMENT: DBS can challenge a smaller HSBC — with the Fed’s help
The contest for Asia’s banking supremacy may come down to what the global interest-rate cycle does to the region’s rival financial centres. ( read original story ...)
Tiger Brokers (Singapore) Welcomes Azimut Investment Management on Institutional Platform
Azimut Investment Management is one of the largest External Asset Managers (EAM) in Singapore Onboarding allows for second-generation high net worth young investors to transact on Tiger Brokers' ... ( read original story ...)
DBS Q2 profit up 7% to $1.82 billion, topping forecasts
DBS joined peers OCBC and UOB in reporting earnings that were boosted by rising interest rates. Read more at straitstimes.com. ( read original story ...)
UPDATE 4-DBS Q2 profit tops estimates as banks benefit from rising interest rates
Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply higher ... ( read original story ...)
DBS Second Quarter Profit Beat Driven by Lending Income
DBS Group Holdings Ltd. said profit rose in its second-quarter, driven by higher lending income though gains were offset by declines in wealth management and investment banking fees. ( read original story ...)