Piyush Gupta, the chief executive of Southeast Asia's biggest lender DBS Group, earned S$15.38 million ($11.36 million) in remuneration in 2022 in a banner year for the bank.The remuneration was 13.3 ...
DBS CEO Gupta’s Total Pay Last Year Rises to $11.4 Million
DBS Group Holdings Ltd. raised Chief Executive Officer Piyush Gupta’s total remuneration for 2022 by about 13% after its fourth-quarter profit topped estimates on lending gains. Most Read from ...
Stock Market Live: Sensex and Nifty 50 likely to open flat tracing global cues
Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to make a flat start on Thursday tracing global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...
Nifty to extend gains or fall below 17,700? Check US, Asia stocks, SGX Nifty, FII/DII data, more before market opens
Indian benchmark indices are likely to open on a flat note, hinted SGX Nifty. Here are eight key things to know before the share market opens for trade on Thursday.
UOB Sydney prices A$1.5 bil worth of senior unsecured notes due 2026
The floating rate senior unsecured notes have a coupon rate of the three-month bank bill swap reference rate plus 0.73% per annum (p.a.) that’s payable quarterly in arrear. At the same time, UOB ...
Singapore pursuing three strategies for sustained, moderate growth: DPM Wong
As an advanced economy with a small labour force that already sees high employment levels, it is an “economic imperative” that Singapore relies on productivity to drive economic growth moving forward, ...
China’s SHEIN set to raise US$2 billion, eyes US IPO later this year
Chinese online fashion retailer SHEIN is set to raise around US$2 billion in a new funding round this month and is aiming for a US listing in the second half of this year, three people with knowledge ...
Credit Suisse, Mizuho join banks on US$1 billion Olam Agri IPO
Most of the offerings were in Saudi Arabia and the UAE. By comparison, Singapore hasn’t had a US$1 billion IPO since 2017, according to data compiled by Bloomberg. Listings in the city have raised ...
ESR Group receives initial go-ahead for IPO of C-REIT
ESR Group receives confirmation from Hong Kong Exchange to proceed with IPO of C-REIT on Shanghai Stock Exchange ...
Singapore shares drop 0.6% after US Fed chair’s hawkish testimony
Stark warnings from the United States that more interest rate rises are on the way sent Wall Street tumbling overnight and sparked declines across the region on Wednesday. Read more at ...
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
It was not immediately clear if SHEIN is planning to officially seek Chinese regulatory approval for its IPO. In recent years, the company has made a Singapore firm its de facto holding company and Xu ...
Banks will benefit from the full impact of previous rate hikes in 2023, says UOB Kay Hian
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 ...