Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online.
Singapore banks set aside extra allowances to account for heightened uncertainty
SINGAPORE] The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. Read more at The Business Times.
Singapore’s 3 Big Banks Just Reported Earnings: Here’s What You Need to Know
DBS, UOB and OCBC — just released their Q1 2025 results. Despite global uncertainties, all three posted resilient performances, with DBS and OCBC beating profit forecasts. Here's how each bank fared ...
Singapore stocks open weaker 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.
Malaysia and Singapore attracted bulk of US$2.4 billion green investment hike in Southeast Asia in 2024
Malaysia has boosted renewables-powered data centres while Singapore's solar energy financing jumped. But progress is uneven in the region as it struggles to close an annual funding gap of more than ...
Singapore stocks retreat as investors keep eye on tariff negotiations; STI dips 0.4%
Venture Corp was the top gainer on the index, while Mapletree Logistics Trust led the losers. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Temasek, UK family office invest in digital impact marketplace Co-Axis
Singapore state investment company Temasek Holdings and UK family office Richardson Family are investing S$1.25 million (US$1 million) in Co-Axis, a digital impact investment marketplace.
Rajat Tiwari To Lead €15 Billion Investment Initiative In Europe And Singapore
Rajat Tiwari, a prominent figure in investment banking, is set to spearhead a major financial collaboration between European investors and Singapore.
GE2025: Analysts expect ‘major’ Cabinet reshuffle, with defence, finance and DPM roles the ones to watch
Prime Minister Lawrence Wong is expected to bring in new political office holders and reassign key ministers as he forms his first Cabinet following the PAP's strong election showing.
New measures by local banks to prevent stolen card details from being added to mobile wallets
Previously, scammers could add such card details to their phones if they had also phished the user’s SMS OTP. Read more at straitstimes.com. Read more at straitstimes.com.
Malaysian Dollar Store Eco-Shop Sets IPO Price at Lower End of Range, Sources Say
Eco-Shop is set to price its initial public offering at the lower end of its guidance range, valuing the company at close to $1.5 billion, people familiar with the situation said.
Indonesian Billionaire’s Chandra Asri Expands In Singapore With Chevron Phillips Deal
The latest acquisition bolsters Chandra Asri’s position in Singapore where the group also operates an oil refinery, an ethylene cracker and a petrochemical plant.
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment for all of Sea’s digital financial services. Read more at The Business Times.
BNB a “tortoise” in growth, but likely to offer steady returns: Standard Chartered
Standard Chartered's Geoff Kendrick believes that BNB will be capable of reaching price level heights of US$1,275 by end-2025 ...
Singapore signals commitment, policies to draw green dollar during Ecosperity Week
Economic uncertainties may persist, but climate change is still something we have to prepare for. Read more at straitstimes.com. Read more at straitstimes.com.
Governments, insurers and innovative finance needed to reduce risks of Asean power grid
South-east Asia faces a green investment gap of more than $272 billion a year. Read more at straitstimes.com. Read more at straitstimes.com.