Singapore's biggest bank, DBS Group, boosted its general allowance reserves amid heightened macroeconomic and geopolitical uncertainty on Thursday after posting a 2% year-on-year drop in first-quarter ...
DBS cautious about 2025 after Q1 profit beats expectations
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore lender DBS Group flagged risk from heightened uncertainty and softer non-interest income growth for 2025 after posting on Thursday a 2% drop in ...
The 40% return delivered to Singapore Post’s (SGX:S08) shareholders actually lagged YoY earnings growth
Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the ...
Report: Singapore dollar seen rising further, may reach parity with US dollar
The Singapore dollar is reportedly expected to rise further against the US dollar in the coming months, despite a recent surge driven by optimism over easing trade tensions, analysts said. According ...
Tackling verification and authentication weak spots in Singapore’s financial services industry
Over the past five years, Singapore has seen a rise in fraudulent activities targeting financial services institutions (FSIs). Incidents range from money mules exploiting Singpass credentials to open ...
Singapore’s STI edges down as Fed leaves rates unchanged, other Asian markets mixed
SINGAPORE] Singapore stocks opened weaker on Thursday (May 8) following the overnight announcement by the US Federal Reserve that it will be holding rates steady. Read more at The Business Times.
Singapore stocks edge down as Fed leaves rates unchanged, other Asian markets mixed
SINGAPORE] Singapore stocks opened weaker on Thursday (May 8) following the overnight announcement by the US Federal Reserve that it will be holding rates steady. Read more at The Business Times.
Latest Singapore six-month T-bill cut-off yield falls to 2.3%
SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.3 per cent, according to auction results released by the Monetary Authority of Singapore on Monday (May 7 ...
Hazard alerts among climate adaptations with big investment potential: Report
The report by BCG and Temasek was launched during Ecosperity Week. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore stocks track regional gains on Wednesday; STI up 0.1%
SINGAPORE] Local stocks ended higher on Wednesday (May 7), tracking gains in the region. Read more at The Business Times.
DBS Net Profit Likely Fell in First Quarter — Earnings Preview
Shares of DBS, which is also Southeast Asia's largest lender, rose 6.3% in the first quarter, trimming their year-to-date losses to about 2%. The stock has yet to fully recover from a brief selloff in ...
Singapore-based biotech firm Nuevocor raises US$45 million Series B round
SINGAPORE] Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and existing investors. Read more at The Business Times.
Singapore leads Southeast Asia in green finance and energy goals: report
Technology and clean energy investment are other areas where Singapore is gaining ground, the report said. Singapore is emerging as a critical force in Southeast Asia’s green transformation, taking ...
Singapore’s blended finance initiative to set up dedicated office to support Asia’s decarbonisation
SINGAPORE] The Republic’s blended finance initiative aimed at supporting Asia’s decarbonisation will be setting up an office with a dedicated management team to oversee the deployment of capital ...
Global trade war could trigger discounted prime property deals in Singapore
Notwithstanding uncertainties worldwide, Singapore’s industrial property segment continues to be a stronghold. Alan Cheong, executive director of research and consultancy at Savills Singapore, ...
Penny stock crash architects challenge convictions as appeal resumes
Soh was convicted of 180 charges and sentenced by High Court Judge Hoo Sheau Peng to 36 years in jail. Quah was found guilty of 169 charges and given 20 years behind bars.