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Tag: banking

Posted on 15/07/2025

Singapore stock market sees biggest IPO in years with NTT DC REIT’s debut

The Singapore Exchange has seen its biggest real estate investment trust (REIT) listing in more than 10 years, raising more than US$770 million. But Japan's NTT DC REIT's debut was met with a lukewarm ...

Posted on 15/07/2025

NTT DC REIT marks Singapore stock market debut with modest gains

NTT has launched its data center real estate investment trust (REIT) on the Singapore Stock Exchange following an oversubscribed $773 million IPO. The REIT saw its share price rise three percent, from ...

Posted on 14/07/2025

Sumitomo Mitsui Trust Asset Management launches Singapore subsidiary

The new entity, now operational, marks Sumitomo's first office in Asia, complementing its existing locations in London and New York.

Posted on 14/07/2025

Singapore proposes to bar convicted money launderers from directorships

SINGAPORE] The Ministry of Finance (MOF) and the Accounting and Corporate Regulatory Authority (Acra) plan to bar those who have been convicted for money laundering offences from serving as a company ...

Posted on 14/07/2025

OTC Markets Group Welcomes Singapore Exchange Ltd. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Singapore Exchange Ltd. (SGX: S68; OTCQX: SPXCY, SPXCF), ...

Posted on 14/07/2025

UK pledges £70 million to Singapore’s green energy push in South-east Asia

SINGAPORE] The UK has pledged up to £70 million (S$120.9 million) to Singapore’s Financing Asia’s Transition Partnership (FAST-P) programme, which targets low-carbon projects and blended finance ...

Posted on 14/07/2025

OCBC’s next CEO shows the Singaporean bank is still betting on ASEAN-China ties for growth

OCBC’s CEO-to-be comes with a wealth of China experience, including a five-year stint leading DBS’s institutional banking business in China.

Posted on 14/07/2025

OCBC CEO Helen Wong to retire; SGX at 10-year high as IPOs return

NTT DC Reit starts trading on July 14, which will be one to watch for investors. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 14/07/2025

OCBC’s CEO change ‘earlier’ than expected; Citi stays ‘neutral’ with target price 6.8% under

OCBC announced on July 11 that head of global wholesale banking Tan Teck Long will be appointed its group CEO on Jan 1, 2026.

Posted on 14/07/2025

Data centre NTT DC REIT makes tepid debut after Singapore’s biggest IPO in 4 years

Singapore's NTT DC REIT, a data centre real estate investment trust, had a lacklustre market debut on Monday after riding a wave of AI interest to raise $773 million in the city-state's biggest IPO in ...

Posted on 14/07/2025

DBS appoints Loic Voide as head of Private Banking for Middle East & Africa

Singapore – DBS Bank today named Loic Voide to the newly-created role of Head of Private Banking for Middle East & Africa (MEA), effective 1 August 2025. He will be based at DBS' branch in the Dubai ...

Posted on 14/07/2025

Singapore Stock Market Poised For Biggest IPO In Years

Singapore's stock market is poised for its largest listing in eight years Monday with the debut of a real estate investment trust (REIT) focused on data centres.

Posted on 14/07/2025

Singapore GDP up 4.3% in Q2, well above market expectations amid US tariff pause

SINGAPORE] The economy expanded 4.3 per cent year on year in the second quarter of 2025, extending the pace of growth in the previous quarter, advance estimates from the Ministry of Trade and Industry ...

Posted on 14/07/2025

Southeast Asia’s IPO market sees rebound in 1H2025, led by Malaysia and Indonesia: Deloitte

Malaysia led the region in all key IPO metrics. The country recorded 32 listings (up from 21 in 1H2024) which collectively raised US$940 million and achieved a market capitalisation of US$4.0 billion, ...

Posted on 14/07/2025

Singapore banks’ CRE risks in 2H2025

The local banks’ CRE loans which are largely in Singapore and Hong Kong, are set to stay resilient in 2H2025 with low defaults and limited systemic risk.

Posted on 14/07/2025

Up 4.3%: Singapore’s economy grew in Q2 despite US tariff fears

Singapore's economy continued to expand in the second quarter of 2025, despite global uncertainty stemming from US tariff policies. The economy grew by 4.3 per cent year-on-year in the second quarter, ...

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