HSBC Holdings (LSE:HSBA) has been questioned by the Hong Kong Monetary Authority over its decision to base a new global AI hub in Singapore. The central bank inquiry focuses on why the AI centre was ...
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
[SINGAPORE] Shares of OCBC dropped nearly 6 per cent on Wednesday, with the bank downgraded by Citi from “neutral” to “sell” earlier on the same day.
DBS, OCBC and UOB shares have fallen. Is it a good time to buy?
SINGAPORE – Shares of OCBC fell more than 5% on Oct 7, after Citi cited softer-than-expected third-quarter 2026 earnings expectations and downgraded the stock to “sell”.
Singapore to miss 2035 green-power import target, Wood Mackenzie says
Oct 7 (Reuters) - Singapore is set to fall short of its 2035 target of importing 6 gigawatts of low-carbon electricity by a wide margin, a report from research and consultancy firm Wood Mackenzie said ...
$8 billion wiped off OCBC value as shares slide 5.8% in heavy trade
SINGAPORE - Shares of OCBC dropped as much as 5.8 per cent in intraday trading on Wednesday (Oct 7).As at 11.11 am, the counter was down 5.2 per cent or $1.66 at $30.54. By the trading break, the ...
RHB remains ‘overweight’ on Singapore banks; increases UOB’s TP on rising benchmark rates
Among the banks, OCBC is RHB’s top pick due to its “all-round balance sheet strength and earnings momentum”. RHB also likes UOB on valuations while it likes DBS for dividend safety and yields.
Hyperliquid Calls Singapore Home — But Does It Have a License?
Hyperliquid confirms Singapore registration, yet MAS reportedly won't claim jurisdiction. See what it means for HYPE traders.
Planning a family trip? 9 magical places in Singapore your kids will absolutely love
Singapore makes for a great family holiday destination with children. Why, you ask? Read on to know 9 places in the city that your children will absolutely enjoy.
Marcos makes fifth Singapore visit with investments, nuclear energy on agenda
MANILA: Philippine President Ferdinand Marcos Jr will make his fifth visit to Singapore from Oct 7 to 11, with key items on his agenda including investments, nuclear energy and closer coordination as ...
Singapore’s Temasek warns of the ‘biggest risk’ facing markets right now
Unwinding of the artificial intelligence trade poses the biggest risk to markets, according to Singapore state-owned investment giant Temasek.
Citi downgrades OCBC to ‘sell’ with target price of $27.50
Citigroup banking analyst Tan Yong Hong downgraded OCBC to a sell on Oct 6, with a target of $27.50. “Into 3Q20226 we expect a combination of flat y-o-y earnings and decline in CET1 ratio to derail ...
S$7 billion wiped off OCBC value as shares slide 5.2% in heavy trade
[SINGAPORE] Shares of OCBC dropped as much as 5.2 per cent in intraday trading on Wednesday (Oct 7). As at 11.11 am, the counter was down 5.2 per cent or S$1.66 at S$30.54.
DBS chief Tan Su Shan, eco-advocate Kong Man Jing win at Her World’s annual awards
In recognition of their achievements, two Singaporean women have been given top honours at Her World Woman of the Year on Tuesday (Oct 6).The awards ceremony took place at METT Singapore.CEO of DBS ...
Singapore fines two men S$6.7m over undeclared diesel from Malaysia
Singapore’s State Court on Tuesday fined two men S$3.35 million (S$1=RM3.20) each for importing more than 4.5 million litres of diesel from Malaysia ...
Singapore investment banking fees rise 9% in 2026
By IntelliNews - Surabaya Bureau Investment banking fees in Singapore rose 9% year-on-year to $693.8mn in the first nine months of 2026, the highest total for the period since 2021, The Business Times ...
Hong Kong questions HSBC over its planned AI hub in Singapore
Hong Kong questions HSBC over its Global AI Centre of Excellence in Singapore, which is set to create more than 100 AI roles in 2026.