JP Morgan analysts upgraded Singapore equities to overweight on Wednesday, citing inexpensive valuations, high dividend yields as well as government initiatives to revive the domestic stock market. In ...
Singapore Bank UOB’s Q4 Profit Beats Forecasts, Unveils $2.2 Billion Capital Return
SINGAPORE (Reuters) - Singapore's United Overseas Bank, or UOB, maintained its guidance for 2025 after posting on Wednesday a 9% rise in fourth-quarter net profit that beat expectations and announcing ...
UOB announces $3 billion package of special dividends and share buybacks, Q4 profit up 9%
The bank reported a record net profit of $6 billion for 2024, 6 per cent higher than the previous year. Read more at straitstimes.com.
DBS, HSBC have best-performing mobile banking apps in Asia, according to a new report
Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global study found, though they lag behind some Western counterparts that do a better job of integrating services from ...
Singapore bank UOB’s Q4 net profit rises 9%, announces $2.2 billion package to return surplus capital
Singapore's United Overseas Bank, or UOB , reported on Wednesday a 9% rise in net profit in the fourth quarter from a year earlier on the back of higher net interest income supported by loan growth.
Exxon’s fourth floating oil production facility for Guyana departs from Singapore
The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a ...
DeepSeek GPU smuggling probe shows Nvidia’s Singapore GPU sales are 28% of its revenue, but only 1% are delivered to the country: Report
Reports show that nearly 28% of Nvidia's revenue in 2024 came from Singapore despite the country only receiving around $600 million worth of GPUs at around the same time.
Exxon’s fourth FPSO for Guyana departs from Singapore, company, vessel data says
The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a ...
Electronics sector loses momentum as NODX slips in January: expert
NODX contracted by -3.3% MoM in January, marking the first decline after two months of growth. The dip in Singapore's non-oil domestic exports (NODX) in January 2025 reflects a technical pullback ...
Robinhood To Move Into Asia’s Crypto Scene, Singapore Likely First
Robinhood new revenues were up 115% year-over-year for 2024, surpassing 25 million users. Hong Kong issued five crypto operator licenses in 2024, and Singapore issued ...
Robinhood plans to launch crypto in Singapore in 2025 – report
Robinhood Markets (NASDAQ:HOOD) is preparing to offer crypto in Singapore in 2025, an extension of its recent acquisition of European digital-assets exchange Bitstamp, according to a media report.
Robinhood’s $200M Crypto Power Play: A Bold Bet on Asia’s Booming Market
Robinhood is making its biggest crypto move yet--expanding into Singapore with Bitstamp. Can it dominate Asia's digital asset space?
Temasek-backed Indian startup Licious plans IPO in 2026, eyes $2 billion valuation, says source
Indian online meat and seafood retailer Licious is looking to debut on the bourses in the next 12-18 months and is targeting a valuation of $2 billion, a source familiar with the matter told Reuters ...
Singapore buys only small amount of Nvidia chips, official says
Trump officials are probing whether China's DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore.
Part-time training allowance, corporate income tax rebate: Singapore’s Budget 2025 help for workers and firms
SINGAPORE: More help for companies and workers will be provided as part of Budget 2025, with Prime Minister and Finance Minister Lawrence Wong tackling cost pressures and supporting firms and ...
Robinhood Markets plans to launch crypto offerings in Singapore in 2025 through Bitstamp
Robinhood has announced plans to introduce its crypto offerings in Singapore by 2025, following its acquisition of the European digital-assets exchange Bitstamp Ltd. The move will see the ...