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Tag: banking

Posted on 10/02/2026

OCBC downgrades Sheng Siong to ‘hold’ but raise target price, pending insights from FY2025 results

OCBC Group Research has downgraded its call on supermarket operator Sheng Siong to “hold” from “buy” previously, while raising its target price to $2.89 from $2.77 on lower cost of equity assumption, ...

Posted on 10/02/2026

UOB, Singapore’s only bank selling physical gold, extends hours and shifts to appointment-only service

UOB, Singapore’s only local bank that both sells and buys physical gold bars and bullion coins, will extend operating hours and introduce an appointment-only system for gold purchases and conversions ...

Posted on 10/02/2026

UOB’s gold bars, coins are selling fast. How else can small investors buy gold?

The bank’s gold sales jumped 60% in 2025 as gold fever gripped the man in the street Read more at The Business Times.

Posted on 10/02/2026

8 in 10 SMEs plan overseas expansion in 2026 despite market volatility: DBS survey

Reaching new customers and building a stronger presence abroad are the primary drivers Read more at The Business Times.

Posted on 10/02/2026

DBS capital return plans remain bright spot even with weaker earnings ahead: analysts

For 2026, DBS sees total income to be around 2025 levels and net profit to come slightly below 2025 levels. Read more at The Business Times.

Posted on 10/02/2026

Boustead Singapore Gets Singapore Exchange Nod for REIT IPO

The engineering and technology company plans to list the REIT, proposed to be named UI Boustead REIT, on the mainboard of the Singapore Exchange Securities Trading, it said Tuesday. Boustead Singapore ...

Posted on 10/02/2026

OCBC Share Price Declines Ahead of Earnings Week: What Investors Should Watch

As the Singapore market closed its doors on Friday, OCBC shares slipped by 1.0% to S$21.23, prompting investor curiosity about upcoming earnings reports from Singapore's major banks. In this article, ...

Posted on 10/02/2026

UOB extends gold counter hours and shifts to appointment-only purchases amid increased demand

UOB is implementing an appointment-only system for gold purchases and conversions at its Raffles Place main branch starting February 13, as the bank responds ...

Posted on 09/02/2026

Top 20% of Singapore households hold average wealth of S$5.3 million: MOF

The first set of official wealth data shows that property and CPF savings form the bulk of assets across all income groups Read more at The Business Times.

Posted on 09/02/2026

Singapore wage growth outpaced inflation for most in 2025, PM says

Singapore's definition of household income now includes income from non-work sources, including rental and investment income The median monthly household income in Singapore rose to S$12,446 (US$9,250 ...

Posted on 09/02/2026

Singapore Airlines S$50 Off Flights DBS/POSB Promo Code (10 – 16 Feb 2026)

Enjoy S$50 off per passenger on selected Singapore Airlines flights when payment is made with a DBS or POSB Credit or Debit Card . This limited-time deal runs from 10 Feb 2026, 10am to 16 Feb 2026, ...

Posted on 09/02/2026

UOB extends opening hours, goes appointment-only for gold purchases at main branch counters

UOB customers who wish to buy or convert their holdings into physical gold at the bank’s main branch will have a larger window of time to do so from Feb 13.

Posted on 09/02/2026

UI Boustead REIT begins premarketing of Singapore IPO, term sheet shows

UI Boustead Real Estate Investment Trust is preparing for its initial public offering on the Singapore Exchange. Investor education will commence on February 9. The REIT specializes in logistics and ...

Posted on 09/02/2026

Singapore’s bank DBS Q4 net profit misses forecasts; sees rate headwinds persisting

By Rae Wee and Yantoultra Ngui SINGAPORE, Feb 9 (Reuters) - Singapore's biggest bank DBS Group on Monday maintained its expectation that net profit this year will dip slightly from 2025, after posting ...

Posted on 09/02/2026

Hong Kong, Singapore to be biggest winners as global capital flows shift to Asia: DBS CEO

The two financial hubs are best choices for global investors seeking to diversify their portfolios amid geopolitical risks, Tan Su Shan says Hong Kong and Singapore are set to be the biggest winners ...

Posted on 09/02/2026

DBS shares drop 1.6% after Q4 profit falls short of forecasts

[SINGAPORE] Shares of DBS : D05 -1.59% dropped 1.6 per cent minutes after market open on Monday (Feb 9) as its net profit shrank. The counter dropped S$0.95 to S$58.35 after the bank reported that its ...

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