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Tag: banking

Posted on 08/05/2025

Singapore’s DBS Q1 profits dip 2% amid Trump headwinds

SINGAPORE -- Singaporean lender DBS Group Holdings, Southeast Asia's largest bank by assets, on Thursday reported a 2% year-on-year fall in its first quarter net profit as it prepares for economic ...

Posted on 08/05/2025

Best Credit Card Promotions in Singapore (May 2025): Citibank, DBS, HSBC, UOB, and More

This May, sign up for a credit card and you could walk away with welcome gifts like: Apple 10.9-inch iPad 10th Gen WiFi 64GB (worth $499) Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth ...

Posted on 08/05/2025

DBS boosts allowance reserves amid uncertainties, Q1 profit beats views

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 ...

Posted on 08/05/2025

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 ...

Posted on 08/05/2025

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 ...

Posted on 08/05/2025

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 ...

Posted on 08/05/2025

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 ...

Posted on 08/05/2025

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.

Posted on 08/05/2025

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.

Posted on 08/05/2025

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 ...

Posted on 08/05/2025

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.

Posted on 07/05/2025

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.

Posted on 07/05/2025

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 ...

Posted on 07/05/2025

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.

Posted on 07/05/2025

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 ...

Posted on 07/05/2025

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 ...

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